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.
Top tips to avoid power quality disturbances
This paper reviews the most common types of power disturbances, what causes them and how to...
Break down silos with app-aware performance management
Unscheduled IT downtime can cost large organisations in excess of $1 million per hour, and...
Fibre success depends on having the right connectors
Installing short-distance fibre access networks can be a labour- and cost-intensive process,...
