Time management, small business, the perfect business meeting

The average meeting in the U.S. and the U.K. is an hour long, but experts suggest limiting them to 15 minutes .

It’s an open secret that employees dread most meetings. They can drag on, take time away from actual work and muddle things more than they clarify. 

To figure out why, the scheduling platform Doodle looked at 19 million meetings and interviewed more than 6,500 professionals earlier this year. It found that pointless meetings cost companies US$541 billion in 2019, and the average professional spent two hours in unnecessary meetings every week. In fact, more than a third of those professionals considered unnecessary meetings to be the biggest cost to their organization. It’s no wonder, since the study also estimated 24 billion hours will be lost to them next year.

So what’s the solution? First of all, meetings should be a lot shorter. Doodle found that the average meeting in the U.S. and the U.K. is an hour long, but experts suggest limiting them to 15 minutes. Former Yahoo! CEO Marissa Mayer pushes this ethos even further—she’s known to cap her meetings at 10 minutes. 

Meetings might also have too many participants. As their number increases, quality of conversation erodes, with individuals either jostling to have their voices heard or remaining silent. That’s why Robert Sutton, a Stanford University professor of organizational behaviour, determined the optimal number for a productive meeting is between five and eight.

Even in this increasingly digital age, the vast majority of Doodle’s respondents also reported preferring face-to-face meetings, ideally in the morning. And researchers at Washington University discovered that stand-up meetings led to greater collaboration than seated ones. 

Since it’s not as comfortable as sitting down, standing pushes people to speak more efficiently. The reality is meetings will always be an essential part of the workday. Instead of treating them as a necessary evil, companies should view them as an opportunity to improve productivity.

*This blog is for information only and not to be used as tax advice or planning without first seeking professional advice. Information is subject to change without notice. 

**This article was originally published in Pivot magazine in 11.06.2019. Although every reasonable effort has been made to ensure the accuracy of the information contained in this letter, no individual or organization involved in either the preparation or distribution of this letter accepts any contractual, tortious, or any other form of liability for its contents or for any consequences arising from its use. Pivot Magazinr is prepared by the Chartered Professional Accountants of Canada . Ali Amad– Author.

Corporate culture

September back to school / back to work month. It’s time to check what needs to be done at home and at work. We often might leave some documents for later, such as Annual Report with BC Registry. This form has to be filed each year for every Corporations. It could be done by Lawyers or Owners.