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The Secret Money Drain: How Much do Your Meetings Cost?

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Most businesses are consumed with weighing costs and expenses with returns and profits. For any company to get off the ground and continue to grow, the money coming in needs to be more than what’s going out. But often businesses don’t look at the expenses that are hidden: they say that time equals money, and it could be that how you and your employees are spending your time may be the biggest secret money drain you have. To make sure you aren’t losing money on your meetings, learn how to calculate and optimize their expense.

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How to Prioritize Individual Tasks vs. Meetings

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In most companies across all industries, employees face an ever-present dilemma: to focus on individual tasks, or participate in meetings. When it comes down to it, it can be difficult to know how to prioritize when to say “no” to a meeting in order to focus on a deadline, or to say “yes” and risk losing productive time if the meeting is a waste of time. Luckily, there are a few ways to ensure that you can prioritize correctly, and understand how to make choices that value your time.

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How to Have Efficient Meetings in Distributed Teams

Felicia Berglund Meetings 1 Comment

Increasingly, more companies are allowing their employees to work from home. Some organizations are even utilizing the new strategy of distributed teams (i.e. people working in the same team but in different geographical locations). And other companies simply have several offices in multiple locations. One concern that many managers have is that meetings will start to become inefficient when participants aren’t physically all together. To make sure your meetings stay efficient even when not all attendees are in the same room, follow these three steps:

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5 Ways to Hold an Efficient Last Minute Meeting

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Let’s face it – last minute meetings are inevitable. When we need to do spur of the moment check-ins, or realize that later today is the only overlapping time that a team has free, last minute meetings can be crucial. That, however, doesn’t mean they’re always very efficient or productive. So how do you make sure that last minute meetings are just as successful as your regularly scheduled and pre-planned ones? Stick to high-focus places and activities!

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Stand-up Meetings as an Efficient Way to Collaborate

Felicia Berglund Meetings 2 Comments

When we talk about modern workplace productivity, we’d be remiss if we didn’t discuss stand up meetings. This method of holding group collaborations or informal conferences aim to help businesses keep activity flowing, employees motivated and focused, and can make for more productive team interactions. But how can you ensure that meetings stay professional, and don’t dissolve into social gatherings? Let’s take a look at some best practices.

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4 Tips for Holding More Efficient Meetings

Felicia Berglund Meetings 2 Comments

Meetings shouldn’t be too long or a waste of time for you and your colleagues. In fact, they should be a productive use of your time to take decisions or collaborate around the task at hand. But how can you ensure that the time is being spent wisely, and that your meetings won’t run to long? There are a few strategies to try to make for your most efficient meetings.

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