Stuart Levine

Time is one of your organization’s most valuable resources and meetings represent a significant portion of your employees’ time.

Harvard Business Review studies have shown that the best-performing companies in terms of return on capital, operating margin and revenue growth were those where employees managed time most effectively, thereby boosting their productivity. These companies showed a 180% differential in total shareholder return over 10 years, compared to others in their industries.

On average, 15% of an organization’s time is spent in meetings and that percentage has increased annually since 2008. Numerous studies indicate that as much as 30% of time spent in meetings is wasted. Our research indicates that people believe about 39% of their meetings are unproductive. If you take all the salaries of employees sitting around the table, you will be shocked to see what this is costing your organization in terms of both money and lost productivity.

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Stuart Levine

 

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