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

How do you handle human-generated big data?

Human-generated files such as emails, documents, spreadsheets, presentations, and audio...

Start automating your customer-facing processes

With business' under pressure to improve customer experiences without increasing...

4 groundbreaking advantages of IP-based video walls

Video walls are virtually guaranteed to stop consumers in their tracks and catch their...


  • All content Copyright © 2020 Westwick-Farrow Pty Ltd