Tag: maximizing

Maximizing the Value of Recurring Meetings: Strategies for Staying Focused on High Priorities

Reading Time: 2 minutes

As per a recent survey by Doodle, 60% of all meetings are recurring. Recurring meetings, as the name suggests, happen regularly at a fixed time and day, such as weekly team meetings, monthly project reviews, or quarterly business reviews. While these meetings can help establish a regular cadence of communication and collaboration, they can also take away from high priorities and result in lost focus, lost value, and increased time and salary costs to the business.

One of the biggest problems with recurring meetings is that they can become routine and lose their sense of urgency and purpose. Participants may stop paying attention, become disengaged, or feel they are simply going through the motions. This can result in a lack of progress, missed opportunities, and wasted time and resources.

Furthermore, when misused, recurring meetings can increase the business’s time and salary costs. According to a study by Atlassian, the average employee attends about 62 meetings per month, which adds up to approximately 31 hours of meetings per month or almost one hour per day. This means that employees spend significant time in meetings, which could be better spent on high-priority tasks that drive the business forward. My own experience would put this number much higher with a short survey I carried out coming back with participants spending an average of 40% of their working day in Recurring meetings. Some even reported attending more than 8 hours of meetings per day.

Another study by Harvard Business Review found that poorly run meetings cost US businesses an estimated $399 billion per year. This includes the cost of salaries for meeting attendees and the opportunity cost of time spent in unproductive meetings that could have been spent on other high-priority tasks.

So how can businesses ensure that their recurring meetings add value and not take away from high priorities? Here are some tips:

  1. Re-evaluate the frequency and duration of recurring meetings: Are they necessary, and if so, do they need to happen as often or for as long as they currently do?
  2. Establish clear objectives and agendas: Make sure everyone knows what the meeting is for, what topics will be covered, and what outcomes are expected.
  3. Encourage participation and engagement: Make sure that everyone actively participates and contributes to the discussion and that there is a culture of open and honest communication.
  4. Spend time ensuring that those invited add value and receive value from the meeting. A meeting should be of benefit to all participants. Do not host selfish meetings. If you need something reach out directly to the accountable person.
  5. Follow up and track progress: Ensure action items and next steps are documented, regularly reviewed, and tracked. The tracking does not need to be in further meetings but can but in messages or emails.
  6. If there are no action items or final decisions, it’s likely the meeting was little of no value.
  7. The same information should not be presented more than once within a virtual. Flatten the meeting attendance, bring leaders closer to those with the information.

By taking these steps, businesses can ensure that their recurring meetings add value and stay within high priorities. In conclusion, while recurring meetings can be a valuable tool for communication and collaboration, it is vital to use them correctly and ensure that they are not taken away from high-priority tasks and goals.

Maximizing Meeting Effectiveness: Best Practices for Hosts and Participants

Reading Time: 3 minutes

A topic I love to talk about but it’s really difficult to solve for. Here are a few tips for more effective meetings. Being a host can be difficult especially when you don’t know the players involved. Meetings are a wonderful tool, the ability to get people together to collaborate really adds so much value.

However, despite their importance, meetings are often viewed as unproductive and time-wasting. According to a survey by Atlassian, employees attend an average of 62 meetings per month, half of which are considered ineffective. This often comes back to the host, we’ve all hosted poor meetings. Here are some ideas and best practices to help improve your meetings.

  1. Define clear goals and agenda: Before scheduling a meeting, define its purpose, goals, and objectives. A well-defined agenda helps participants prepare for the meeting, keeps the meeting on track, and ensures that essential topics are covered. According to a study by Harvard Business Review, setting clear objectives and agendas can increase meeting effectiveness by 46%.
  2.  Invite the right people: Inviting the right people to a meeting ensures that the discussion is relevant and productive. More participants can lead to long meetings and off-topic discussions. According to a survey by HBR, 67% of managers believe too many attendees are the most significant barrier to effective meetings. It is vital to identify key stakeholders and individuals who have relevant expertise and can provide valuable input. Don’t bring two people that play the same role, often it will lead to muddy expertise.
  3.  Use technology to enhance meetings: Technology can improve effectiveness in various ways, including video conferencing, screen sharing, and collaborative document editing. According to a survey by LogMeIn, 85% of respondents believe that technology positively impacts their ability to collaborate.
  4.  Encourage participation: Encouraging participation and creating a safe environment for participants to share their ideas and opinions can increase meeting effectiveness. According to a study by the University of San Francisco, meetings that allow for equal participation among attendees lead to better decisions and increased engagement.
  5.  Ensure adequate follow-up: Following up after a meeting ensures that action items are completed, and progress is made. According to a study by HBR, 75% of managers believe that post-meeting follow-up is critical to meeting effectiveness.
  6. Avoiding Regularly Scheduled Meetings: Regularly scheduled meetings, such as weekly team meetings, can become routine and unproductive over time. This can lead to a lack of progress and wasted time and resources. It is crucial to assess the need for a meeting before scheduling it and to consider alternative approaches, such as one-on-one conversations or ad-hoc meetings, when appropriate.

Regularly scheduled meetings and standing meetings can be valuable tools for businesses. Still, they may not always be the best approach. Here are some reasons why businesses may want to avoid these types of meetings:

  • They can become routine and unproductive: Regularly scheduled meetings can become routine and unproductive over time. Attendees may stop preparing adequately, and discussions may become repetitive and unengaging. This can lead to a lack of progress and wasted time and resources.
  •  They can limit flexibility: Standing and regularly scheduled meetings can restrict flexibility and make it difficult to adapt to changing circumstances or priorities. This can result in meetings being held unnecessarily or when they are no longer needed.
  •  They can be a time-waster: Regularly scheduled meetings can become a time-waster for attendees. Meetings that are held simply because they are scheduled rather than because there is a clear need for them can take away valuable time that could be spent on more important tasks.
  •  They may not be necessary: Some meetings may not require a fixed schedule or a regular cadence. Holding meetings only when a specific need or a clear objective can be more efficient and productive.
  •  They may not be inclusive: Regularly scheduled meetings can exclude people who cannot attend at the scheduled time, especially if they are not given the opportunity to provide input or feedback through other channels.

Conclusion

Effective meetings are critical to organisational communication and collaboration. By following best practices such as defining clear goals and agendas, inviting the right people, using technology, encouraging participation, and ensuring effective follow-up, organisations can improve meeting effectiveness and productivity. By doing so, organisations can save time and money while fostering a culture of collaboration and innovation.

References:

Atlassian. (2019). The cost of bad meetings [Infographic]. https://www.atlassian.com/time-wasting-at-work-infographic

Harvard Business Review. (2017). 5 ways to make your meetings more effective. https://hbr.org/2017/03/5-ways-to-make-your-meetings-more-effective

LogMeIn. (2019). Collaboration in the modern workplace. https://www.logmein.com/content/dam/LogMeIn/Files/Whitepapers/Collaboration-in-the-Modern-Workplace.pdf

University of San Francisco. (2014). Meeting best practices. https://www.usfca.edu/sites/default/files/lp-meeting-best-practices.pdf

Wrike. (2020). Meeting statistics: The ultimate list for meeting productivity. https://www.wrike.com/blog/meeting-statistics/

Doodle. (2019). The State of Meetings Report. https://meetings.hubspot.com/state-of-meetings-report

Harvard Business Review. (2017). Making Meetings Matter. https://hbr.org/2017/07/making-meetings-matter