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Just how expensive are all these online meetings?

July 23, 2020 by Luke Szyrmer 2 Comments

If you want a high-leverage way to improve your company’s culture, one of the highest leverage (even financially) ways to do so, is to take a close look at your meetings. This includes your regularly re-occurring ones, as well as big long ones when kicking off or closing an initiative.

Filed Under: assumptions, metrics

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Comments

  1. allan kelly says

    July 23, 2020 at 11:40 am

    What about the value of meetings? – and not just the value of the decisions made and the knowledge shared.

    The sense of bonding, the opportunities to bond and join shared commitment
    Social capital is built in meetings as well as the coffee machine and the water cooler

    As is often the case: it is easy to see the cost and hard to see the value – which perhaps means it is even more important to be clear about the value

    Reply
  2. Luke says

    July 23, 2020 at 12:44 pm

    Allan, yes there is undoubtably a value to them. That’s why we hold them in the first place! To be clear, I also don’t want to throw all meeting types under the bus here. Just to ask meeting organizers to be a tad more deliberate, thoughtful, and thinking through purpose when organizing meetings, especially recurring ones.

    I think the issue nowadays is that the number of meetings have gone up significantly since the pandemic started. Coworkers’ calendars aren’t an output target for how many meetings you can fit into one week/sprint/month. Too many meetings nowadays, especially status meetings, don’t actually achieve much but which take up time. There are better ways to share status than to force people to have and prepare for meetings.

    Meeting Design by Hoffman suggests going back to basics and to design your meetings. Try to figure out what metric you’re trying to move with any given meeting, and note down the gap between your current and your ideal value of that metric. Once you hit it, stop having the meeting. This helps you figure out if you (still) need any given meeting.

    Reply

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