Just a quick note this morning on the idea of random numbers and productivity losses around the use of social networking, but other sacred cows like Fantasy Football we shrug at. Companies do not generally tend to block access to Fantasy Football sites, but the productivity loss playing the Fantasy Football game can amount to as much as you lose in a whole year with social networking. Then there is the American Side of the argument that Social Networking costs 2.25 billion in productivity costs, which is still much less than Fantasy Football.
And now for some numbers to support that claim, according to Findarticles.com the following numbers apply as of November 2008.
Nearly 14 million workers likely are spending some company time huddling over their fantasy football teams. That diversion could cost employers around the nation an estimated $10.5 billion in lost productivity during the 17-week NFL season, according to some estimates. Source: Findarticles.com
This morning the Telegraph out of the UK reports that social networking can