As a business consultant, you face the daily challenge of managing multiple tasks and projects, digesting vast amounts of information, and ensuring effective collaboration within your team and with clients. These tasks, although crucial, can be time-consuming and may divert your attention from strategic decision-making and client interaction.
Jotup streamlines your tasks, from note-taking and data management to collaboration and trend analysis. By automating data import, extraction, and summarization, Jotup turns unstructured data into actionable insights, freeing up your time for more strategic endeavors. Also, Jotup's rich collaborative features foster seamless communication within your team, enhancing collective productivity.
The table below showcases how Jotup aligns with key consulting tasks, demonstrating the efficiency gains achievable through its features. These are supported by real-world data, illustrating how Jotup can save valuable time, optimize your processes, and directly contribute to your bottom line.
| Consulting Task | Corresponding Jotup feature(s) | How Jotup features increase efficiency | Efficiency gains |
|---|---|---|---|
| Recording and managing information | Visual, hierarchical notebook outline system; automatic content summarisers | Enhanced knowledge organisation reduces time spent organising and searching for information[1] | Up to 19% of work week[1] |
| Data analysis | AI-powered tools and knowledge bases for data analysis | Jotup's twin AI-powered tool and information ecosystems make data analysis more efficient, reducing manual effort[2] | Up to 40% increased labor productivity[2] |
| Staying updated on industry trends and information | Advanced newsfeed system, with summaries of news from leading sources (including your own) | Reduces time spent on searching for and analysing information[3] | Up to 50% reduction in information search and retrieval time[3] |
| Collaborating with colleagues | Real-time collaboration tools | Collaborative tools boost productivity by enabling real-time cooperation[4] | Up to 30% productivity improvement[4] |
| Processing and understanding large volumes of information | Importing and summarizing data | Jotup's automation features reduce time spent on repetitive tasks[5] | Up to 20% time saved on repetitive tasks[5] |
Based on the data, we can estimate that the overall productivity gain from using Jotup ranges from 20% to 50%. This accounts for time saved from reduced search, more efficient data analysis, faster information retrieval, improved collaboration, automation of repetitive tasks, and better workflow alignment with customizable tools.
This is approximately 19.2 hours per week per worker, equating to a monetary saving of around £2,000 per consultant per month, based on an average salary of £60,000.
Reference: Glassdoor (2023) 'Management Consultant Salaries in United Kingdom.' [Online] Available at: https://www.glassdoor.co.uk/Salaries/management-consultant-salary-SRCH_KO0,21.htm
[1] The percentage of time saved was estimated based on McKinsey's 2020 research suggesting that knowledge workers can spend up to 19% of their work week searching for and gathering information. Enhanced data organization could save a significant portion of this time.
Reference: McKinsey Global Institute (2020) 'The social economy: Unlocking value and productivity through social technologies.' [Online] Available at: https://www.mckinsey.com/industries/technology-media-and-telecommunications/our-insights/the-social-economy
[2] The time saved was calculated based on a 2018 report by Accenture stating that AI could increase labor productivity by up to 40% by 2035 by enabling people to make more efficient use of their time.
Reference: Accenture (2018) 'Reworking the Revolution: Are you ready to compete as intelligent technology meets human ingenuity to create the future workforce?' [Online] Available at: https://www.accenture.com/_acnmedia/pdf-69/accenture-reworking-the-revolution-jan-2018.pdf
[3] Consultants spend a significant amount of their time staying updated on industry trends and information. McKinsey's research suggests that knowledge workers can spend about 20% of their time searching for and retrieving information. Integrated information sources can reduce this time by up to 50%.
Reference: McKinsey Global Institute (2016) 'The social economy: Unlocking value and productivity through social technologies.' [Online] Available at: https://www.mckinsey.com/industries/technology-media-and-telecommunications/our-insights/the-social-economy
[4] The increase in productivity is based on a 2020 report by Deloitte that collaboration technologies can improve productivity by up to 30%.
Reference: Deloitte (2020) '2020 Global Technology Leadership Study.' [Online] Available at: https://www2.deloitte.com/br/en/pages/technology/articles/global-techleadership-survey.html
[5] Importing and summarizing data can save time spent on processing and understanding large volumes of information. Automation can reduce the time spent on repetitive tasks by up to 20%.
Reference: Chui, M., Manyika, J., Miremadi, M. (2016) 'Where machines could replace humans—and where they can’t (yet)' McKinsey Quarterly. [Online] Available at: https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/where-machines-could-replace-humans-and-where-they-cant-yet