The impact of bad meetings on your business
Meeting Habits You know that feeling when you get invited to a meeting that you don’t really know why and not sure how you can best contribute. You accept the invitation just to find out it was a waist of your time. How much time do we waste in meetings? Most employees attend an average of 62 meetings per month Executive on average spend 40-50% of their work house in meetings There are more than 3 billion meetings per year There are more than 11 million information meetings PER DAY in the U.S Executive average 23 hours per week in meetings where 7.8 of those hours are unnecessary and poorly used which equals to over 2 months per year wasted 33.91% of all meetings are waited How much money do meetings cost? $37 billion a year in the U.S A Fortune 500 company estimates losses in excess of $75 million per year due to poor meetings A meeting between several manages or executive may cost upwards of $1,000 per hour in salary costs alone How effec...