Lending Club Blog

Batching Some Tasks Hurts Efficiency

The process of batching, or storing up similar tasks until you can get many of them done at once, can provide a huge productivity boost. Paying bills is one such example. As I’ve mentioned in the past, batching bills can save you time by reducing how often you have to get out your checkbook, stamps, etc., or log on to your bill-pay website. In other cases, however, batching can make a task more difficult, and less productive.

As an example of when batching hurts efficiency, consider how you manage your receipts. Recording each transaction as it occurs takes very little time. Splitting transactions between multiple budget categories is also easiest when the transaction is fresh in your mind. When I get behind and allow receipts to accumulate, the process gets increasingly more difficult. As a result, I put the task off even further until I finally have a stack so overwhelming that I consider giving up and starting again from scratch.

Tasks that have relatively low overhead often should not be batched. Batching tasks that have a large amount of overhead makes sense. Doing as much work as possible, once you’ve committed to that overhead, can increase efficiency. For many other tasks, where overhead is low, batching actually decreases efficiency. If batching makes a task so difficult that it inspires bad habits, then it should certainly be avoided. Make a list of the tasks you do on a regular basis, then note which ones could benefit from a change in the amount of batching that you use.

Monday, August 18th, 2008 at 9:15 am

Comments (0)


Welcome Home

Lending Club named #5 on Forbes’ Most Promising Companies List

Get ready for tax season with Lending Club’s Tax Form Guide

New Adjusted Return Metric

See more
Lending Club Awards
  • Archives z

Recent Posts

Credit Performance Update

Summary: Credit performance of our standard program is coming… Read More »
February 7, 2016

New Infographic on Small Business Financing

Check out our latest infographic on the state of… Read More »
December 17, 2015

More Data Coming for Investors

We’re always seeking feedback and looking to make the… Read More »
November 10, 2015

Lending Club Surpasses $13 Billion

Check out our updated infographic to see what a… Read More »
October 29, 2015

Lending Club Launches Multi-Draw Line of Credit for Small Businesses

We’re excited to announce the… Read More »
October 16, 2015

Bloomberg Markets Names Renaud Laplanche on its 2015 “Most Influential” List

Read More »
October 6, 2015

Congratulations, Carrie! Named 2015 Financial Woman of the Year by The Financial Women of San Francisco

Read More »
October 5, 2015

Congratulations to Carrie Dolan – Named one of American Banker’s 2015 Most Powerful Women in Finance

Read More »
September 22, 2015

Welcome Nebraska, Kansas, and Indiana Investors!

We recently welcomed residents of Nebraska, Kansas, and Indiana… Read More »
September 21, 2015

Lending Club Job Spotlight: Technology & Member Support

Our Technology team develops and… Read More »
September 14, 2015


We went public today!

Ringing the bell this morning at the New York… Read More »
December 11, 2014

New and Improved Statistics Page

We recently redesigned our Loan Statistics page to make… Read More »
November 13, 2014

Lending Club Honored with Economist Innovation Award

This month I was honored… Read More »
October 15, 2014

Welcome Vermont Investors!

Today, we’re thrilled to welcome residents of the state… Read More »
September 4, 2014

We filed to go public today

We filed a registration statement with the SEC today… Read More »
August 27, 2014

Our Billion Dollar Quarter

We’re excited to announce  that we’ve facilitated over $5… Read More »
July 8, 2014

Is Lending Club Available in My State?

Is Lending Club available in my state? That is… Read More »
July 7, 2014

Lending Club Joins Senator Cory Booker to Discuss Improving Access to Capital for Small Businesses

Read More »
June 20, 2014

Lending Club Named a CNBC Top 50 Disruptor for a Second Year

For the second year in… Read More »
June 17, 2014

PRIME is now Automated Investing

Lending Club is excited to announce that PRIME has… Read More »
May 14, 2014
View All w