Inefficient meetings cost mid-size companies $5.3m a year

Supplied by LogMeIn Australia on Tuesday, 19 May, 2015


Employees are having more meetings than ever, with the average employee having five per week and executives in some industries having up to 10.

But attendees overwhelmingly feel that meetings are not worth the time they are spending in them. The majority of meetings also start late due to factors including technical difficulties, which costs a mid-size company an average of $5.3 million per year.

While meetings aren’t inherently unproductive, the contemporary workforce lacks the tools to get the job done. A growing percentage of meetings are also one to one rather than group, and taking place online instead of in person, prompting the need for new collaboration tools tailored to these interactions.


Related White Papers

Top ten IT systems management pain points

Managing the IT infrastructure for a mid-sized company is a thankless job. People don't always...

Network IP multicast monitoring and troubleshooting

Multicast is a special type of network traffic where packets are delivered to a group of...

How to maximise the benefits of your broadcast technology

KVM systems, once an occasional tool for set-up and troubleshooting, are now a critical...


  • All content Copyright © 2025 Westwick-Farrow Pty Ltd