How Expensive Are Your Meetings?

How expensive are your meetings?

A 1-hour meeting is never just a 1-hour meeting.

A 1-hour meeting with 8 people is an 8-hour meeting because that’s 8 hours that something else could’ve been getting done.

And what are those 8 people’s salaries?

If those 8 people make $100,000 a year, that’s at least $50/hour.

Eight people x $50/hour = $400.

Are those eight people, making $100,000 a year, getting together to solve a problem that’s costing their organization more than $400? Gosh,I hope so.

Not to mention, how much value could they provide with those 8 hours back?

Something to consider…

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