We all do meetings. We meet to status tasks. We meet to discuss strategy. We meet to make a decision. We meet to avoid making decisions. We…what? Meet to avoid making decisions? Yes, we do that, but that’s a different topic.
Meetings are part of business. They are among the most expensive activities a company can do, yet they aren’t viewed that way. Some simple math may convince you:
Weekly status meeting, 1 hour:
Position Salary with benefits
President $75/hour
V.P. of Operations $55/hour
Operations Manager $45/hour
Team Lead $28/hour
Buyer $25/hour
Cost for one hour meeting: $228/hour
Dispatches From The Front 