Conduct Effective Meetings

FULLY 25 PERCENT to 50 percent of management time is spent in meetings of all kinds. These may be one-on-one meetings, brief meetings in the hallway or while going in and out of the office, or more formal sit-down meetings in an office or a meeting room. Unfortunately, 50 percent or more of meeting time is wasted. Meetings consume enormous amounts of time and produce little lasting value. However, meetings are also a key management tool and must be used effectively.

Calculate the Meeting Cost

Make sure that you have a good reason for calling or attending any meeting. Look upon each meeting as a business investment. Look upon a meeting as carrying a cost in managerial and staff time and wages. Take the combined ...

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