
The Wharton Center for Applied Research published
the following findings in the Wall Street Journal.
- The average chief executive officer
spends about 17 hours each week in meetings.
- Senior executives an average of 23
hours a week in meetings.
- Middle managers spend 11 hours in meetings
per week.
- Senior and middle managers said only
56% of meetings were productive. They added that a phone call
or a memo could have replaced over 25% of the meetings they attend.
Using this data we know that if managers use meetings
appropriately they can reduce the time spent in meetings by 25%.
Effective management of remaining meetings can reduce time spent
in meetings by an additional 20%. This indicates that using meetings
effectively results in a reduction of time spent in meetings from
an average of 17 hours per week to 10 hours per week.
If managers plan and conduct meetings effectively they can end up
with 7 additional hours per week to get other work done! And the
annual benefit of improving meeting productivity is a whopping
$9,000 to $16,000 per manager.
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