But as a business owner, CEO, CTO or IT Director, the overall financial impact and effect on efficiency is much larger. Nothing against Bob – he is an expert in his trade and this is what he signed up for. These 12.5 hours a year (longer if Bob works more hours) for which Bob is compensated for, at his average hourly rate of $88.88 = $1,111 per year, for a 0% return to the business.
Image courtesy of How much is it costing Silicon Valley companies? Silicon Valley companies and businesses also put a working roof over the heads of some of the highest paid employees in the world. This couldn’t be more important for Silicon Valley companies, the most expensive area in the United States to rent commercial office space (even more than Manhattan). Spinning Wheels Hurt Silicon Valley Businesses More As the age old saying goes “time is money” and computer, network or Internet lag, is time that an employee can not perform the services they are paid for. These precious seconds and minutes ultimately add up to loss of workplace productivity, output and crucially, profits. This downtime might be milliseconds at a time, seconds every hour or worse, minutes a day. It should be a danger sign to any business owner or CEO, because it means downtime. Not just frustrating for any employee trying to get work done, that spinning wheel effects businesses from office desktops right up to the next board meeting on profits. It should be sending alarm bells to every business. That spinning wheel means much more than a slow response from your computer, the program or web page you are trying to open. It’s eating away at your business profits.
THE MAC SPINNING WHEEL OF DEATH PC
PC users will know this as a spinning cursor – the dead time when you wait for a program to load or page to open. That damn frustrating, continuous spinning, caused when you open too many programs or when your network or Internet connection is lagging. Mac users will be well aware of the “spinning wheel of death” or the “rainbow wheel”.