Danny Odes, April 2020

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The true cost of meetings

Meetings have direct costs (paid hours), opportunity cost (what is not being done while the meeting is held), office costs (well, less these days…), Employee dissatisfaction (#1 reason for employee dissatisfaction are too many meetings)

• Meetings are one of the biggest expenses of companies.

  Collectively, 15% of an organization’s time is spent in meetings (Source)

• $37 billion are spent each year on unnecessary meetings in the U.S. (U.S. Bureau of Labor Statistics)

• 47% of employees see meetings as a time waster (Source)

**"Work expands so as to fill the time available for its completion"

• Parkinson's law**

Before the meeting

• Is the meeting necessary, or can it be replaced by other means of communication?

• Design the agenda so it is relevant to majority of people, and the agenda for a smaller group