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.
Security report 2017 — discover your new areas of vulnerability
This report analyses the impact of cybercrime trends in 2017, including findings from...
Big data analytics deliver smart government decisions
Big data analysis has led to smart government decisions, large productivity increases and...
Virtual collaboration tools that unite your business
Leveraging high-quality collaborative tools for online screen sharing and audio that require...