Meetings for meetings sake – think before you schedule one!

Martin Luenendonk article published in Forbes last year stated that 37% of meetings are considered to be adding no value to the organization and that the average middle level manager spends around 35% of their time in meetings.

According to a study by Bain & Company organizations spend about 15% of their time in meetings.

Research by Infographic showed that 91% of employees have daydreamed during a meeting, 39% have reported sleeping during a meeting, 45% have felt overwhelmed by the number of meetings they had to attend, 73% have done other work during a meeting, and 47% of employees have complained that meetings are the number one time waster at the workplace.

The above were prior to Covid-19 and the associated changes in working practices and the en masse move to Zoom, MS Teams and other platforms.

Prompted by a Bob Harper post https://lnkd.in/dsCS_zU I do ask myself what these statistics would be today.

Clearly video conference resources have supported the continued connection and collaboration of teams. However, without a strategic approach to the new way of remote/flexible working and the continued use of these online communication tools, there is every chance that even more valuable time is being wasted in having meetings for meetings sake. #workingfromhome#strategy#yourjourneyahead

It’s time for Boards and Executive Teams to lead businesses to the new world post Covid-19

‘Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning’. Wise words by Winston Churchill and as the business world looks to move forward post the imposed lockdowns around the world, Boards and Executive Teams need to influence and lead their businesses to the new way of work. A recent McKinsey & Company article highlighted the need for Boards to coach and advise its management teams and to:

· Take time to recognize how the people who depend on the business feel
· Have aspirations about the post Covid-19 world but build the resilience to make them a reality
· Strengthen capabilities to engage and work with regulators, governments and other stakeholders
· Watch out for non Covid-19 risks and make sure to carve out time to dedicate to the familiar risks of the business that have not gone away

While many challenges remain, opportunities are available for those businesses that have the right culture, strategy and leadership teams and an agility to meet the ever changing needs of the market. Relevance has to be at the core of #yourjouneyahead