How Expensive Are Your Meetings?

I think too few people realize how much money and productivity their meetings drain. A one hour meeting with eight people is eight hours of lost work time - a full day of one employee’s time.

Does a meeting usually warrant such a trade off? One hour of meeting for eight hours of work?

Meetings have a tendency to:

• Go off topic quickly.
• Waste time finding the right words / waiting for a turn to speak.
• They transmit information at an incredibly inefficient pace.
• Rarely deal with real things. They are about words and speaking, not action.
• Fill the full amount of time they were scheduled for - even if it’s double what is required.

Before you reach for the scheduling or calendar software, think - can this meeting just be an email?