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  Decision-making environments.

  • The Cost of Meetings should be a significant target for cost reduction in all organizations
    • By visitng this website, you're already looking for ways to monitor and control meeting costs
    • Are there ways to get group convergence or alignment without conducting meetings?
    • Simply, No! - Meetings are an essential business process for making collective group decisions!

  • The Bad News - a 2001 Wharton School of Business study on meeting productivity showed that:
    • Businesses incurr annual meeting expenses of $30M to $100M
    • Meetings result in annual business losses of $54M to $3.7B
    • Managers spend 25%-80% of their time in meetings, yet report that only 33%-47% of that time is productive
    • Meetings dominate employees' time, yet are costly, unproductive, dissatisfying, and their duration increases

So, What's the Good News? - Read More ...