My Best Practices for Successfully Managing Meetings
“Meetings are indispensable when you don’t want to do anything.” John Kenneth Galbraith
Meetings. The bane of all organizational existence. I’m not just saying that; it’s scientifically proven. Researchers from UCLA and the University of Minnesota found that executives spend between 40 and 50 percent of their work time in meetings, and that as much as 50 percent is wasted time. Here’s another way to look at it: a University of Arizona study found there are more than 11 million formal meetings per day in the US (but Canada can hold its own, thanks). The cost of this to a Fortune 500 company is more than $75 million a year.