The Real Cost of Mediocre Meetings

The next time you find yourself saying, “This is an awful meeting,” remember that we get what we tolerate. Just look around the room and think about how much of your organization’s precious time and resources are being wasted every single business day.
 
From poorly planned agendas to unproductive discussions, there are countless ways that meetings can go wrong.
  
Discover the impact of daily meetings on productivity by using our meetings calculator below:

Step 1: Let's Get to the Basics

Take a minute to think about who are the usual players in your meetings. Identify the different roles, the quantity of people in each role, and the average of their estimated salaries.  Now think about the total amount of hours you spend in these meetings weekly...
 
Enter the data below, making sure to use the button to add additional rows for other roles: 

Step 2: Time to Think about Efficiency

Now let's start thinking about how healthy your current meeting culture is. How productive are your company's meetings? 
Let's think of your meetings efficiency as a scale:
0% being terrible, unproductive meetings that may have: the wrong attendees, no clear agenda, dysfunctional behavior and distractions
100% indicating that your company knows what it's doing when it comes to meetings culture: you have necessary meetings with clear purpose and agendas that have buy-in and lead to effective decision-making. 

 

What is the estimated ‘efficiency % of all your meetings

Step 3: Time is Money

Let's look at the breakdown of the true cost of time wasted in bad meetings:

Estimated Weekly Cost of Meetings:
Estimated Annual Cost of Meetings:
Your Annual Productivity Loss:

We know that ineffective meetings can cost your organization a significant amount of money. Now you can visualize the potential savings that can be attained through a restructuring of your meetings culture.
 
You can start the change to your workplace culture today by exploring our training and resources on leading better meetings.

Book a consultation

It's time to break free from, “good enough” meetings and elevate your game...

Did you know that a recent Microsoft study shows that the number one productivity disruptor is inefficient meetings, followed closely by having too many meetings at number three?

Virtual, in-person, or hybrid, the format matters little when it comes to the negative impact of poorly conducted meetings on workplace culture satisfaction. But, there is a better way and YOU have the power to spark a revolution in meeting culture within your organization!
Starting with an understanding of the common problems with meetings, Leadership Strategies meeting training presents a vision of masterful meetings and provides specific techniques you can use right away for improving your meetings. 
Our real differentiator is our energetic and caring facilitators and trainers who use our proven PDI process (Practical, Dynamic, and Interactive) to keep you engaged and the class highly interactive.
Webinar: Your Meetings Suck

Webinar: Your Meetings Suck

Watch our recent webinar on Why Your Meetings suck and receive practical, battle-tested strategies to conquer even the most stubborn meeting issues.

Improve your Meetings Culture

Improve your Meetings Culture

Elevate your organization's Meeting Culture to the next level with Leadership Strategies' expertly crafted Masterful Meetings training and transform the way you meet.

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