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…