When I managed a team, we had a team meeting every other week. At the beginning of the year, I booked the conference room for the entire year’s worth of meetings.
It won’t surprise you that not all of those meetings happened.
What surprised me is new research out of Norway that says that 30 percent of scheduled meetings never happen and it costs businesses a fortune. They estimate, for instance, that a business with 250 employees in New York City wastes almost $150,000 a year on canceled meetings.
To keep reading, click here: Meetings Can Be a Waste of Time and Money, but Skipping them Isn’t Free