The true cost of bad Power Point

Richard P. points me to this article from 2003 that suggests bad PowerPoint is wasting over $250 million dollars everyday. That's two hundred and fifty million dollars!

Hard to believe isn't it? But the math does seem to check out:
"...according to Microsoft estimates, there are more than 30 million PowerPoint presentations made each day. If we assume some relatively conservative meeting parameters of four people per presentation, a half-hour presentation on average and the wasted time due to a poor presentation is one-quarter of the presentation time, we arrive at a waste of 15 million person hours per day. At an average salary of $35,000 per year for those attending the meeting, the cost of that wasted time is a staggering $252 million and change each day."
Now think about that before you make a bunch of your employees sit through another pointless PowerPoint presentation.

The article does go on to make the point that the problem of course isn't the software, just the way people use it. Still, if you ask me that's two hundred and fifty two million reasons to call for - you know it's coming - death to bad PowerPoint!