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

New KVM technology for control rooms and operations centres

KVM systems have long been one of the hidden foundations of a control room. They have...

Top 10 mistakes in data centre operations: operating efficient and effective data centres

How can you avoid making major mistakes when operating and maintaining your data centre(s)?...

How power, growth and cost will change data centres

In an era when the cost of powering venues like data centres completely eclipses other costs,...


  • All content Copyright © 2024 Westwick-Farrow Pty Ltd