Calculate the costs of a meeting

A meeting is useful when a decision is made or information has been exchanged. Unfortunately most meetings don’t accomplish one of those two goals. By reducing unessential meetings you can gain on productivity.

To calculate the direct costs of a meeting, multiply the number of attendees by the attendees’ hourly wages, then multiply that number by the number of hours the meeting lasts.

The results will be probably very surprising. Moreover you will have to include indirect costs:

  • Loss of productivity after the meeting because employees have to refocus on other tasks
  • Loss opportunity or a better task that could have been done instead
  • Can generate fatigue and negative attitudes

Now you know how it ’s important to make sure that a meeting will be productive and efficient.

Meeting Cost Visualizer (for Iphone and Ipad)

Categories : Advices | Tags : HR | 0 commentaire associé

2 Mar 2011
http://www.bridgewater.be/spip.php?page=forum&id_article=311&id_rubrique=7

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