5 Tips For Leading Effective Meetings
What do you think of when you think of a business meeting? Is it a time to be productive? Or is it a time and money waster?
There are valid arguments for both ideas.
Meetings get people together. They can brainstorm, hash out ideas, and come together as a group. It’s powerful when you have multiple people in a room together to work through a pressing matter.
Then there’s the flip side. Meetings waste money. Think about how many people are involved in your meetings. How many are there? If there are five people in your meeting, each person gets paid an average of $30 an hour, and the meeting lasts an hour, that is $150 for the meeting. Now, the meeting recurs every week – $7,800 a year for a meeting. What if the meeting group was larger? The cost of the meeting goes up even more.