Badly run meetings could be wasting more than a day of your time EVERY week
Research conducted by the Annenberg School of Communications at UCLA and the University of Minnesota’s Training & Development Research Center show that executives on average spend 40-50% of their working hours in meetings. The studies also point out that as much as 50% of meeting time is unproductive with around 25% of the time spent discussing irrelevant issues. This means that ineffective meetings can waste 25% of your week. This makes ineffective meetings the single biggest waste of organization time.
Other key problems include not starting on time, running over and meeting not resulting in tangible outcomes.
But meetings still serve a valuable purpose in communication, discussion and decision making. Therefore if you can't stop having meetings then get better at them.
We all know what the characteristics of a good meeting is. The tricky thing is getting people to stick to them.
What are your biggest meeting bugbears. How much time and money are you losing because of bad meetings - comments below please