A third of all meetings in America are unproductive, according to a 2013 study.
Unproductive meetings are usually caused by having too many people in the room, not having an agenda, or simply meeting too often.
Successful executives like Jeff Bezos, Elon Musk, and Steve Jobs developed techniques to combat bad meetings — for example, Steve Jobs liked to have meetings with the fewest number of people possible.
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Americans sit through some 11 million meetings every day. A third of those meetings are unproductive, costing companies $37 billion a year, according to a 2013 study.
When meetings go horribly wrong, it’s usually due to sloppy agendas, un-articulated ground rules, and having too many participants, among other basic structural mistakes.
Read more:Google asked 5,600 employees about how they work and found that its happiest, most productive teams do 3 things differently
Some of the most effective executives in history — from GM czar Alfred Sloan to Apple’s Steve Jobs to Facebook COO Sheryl Sandberg — have personally run the meetings that invariably filled their calendars.
Here are the tips and tricks they’ve used to make meetings more productive.
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Legendary GM CEO Alfred Sloan said little — then made follow-ups.
Alfred Sloan ran GM from the 1920s to the ’50s. During that time he led GM to become the world’s largest corporation — in the ’50s, GM held 46% of the US auto market and employed over 600,000 Americans.
Sloan is also credited with inventing modern corporate structure.
According to leadership guru Peter Drucker, the follow-up memo was one of Sloan’s go-to tools.
After any formal meeting — in which he simply announced the purpose, listened to what people had to say, and then left — Sloan would send a follow-up memo with a plan of action.
[Sloan] immediately wrote a short memo addressed to one attendee of the meeting. In that note, he summarized the discussion and its conclusions and spelled out any work assignment decided upon in the meeting (including a decision to hold another meeting on the subject or to study an issue). He specified the deadline and the executive who was to be accountable for the assignment. He sent a copy of the memo to everyone who’d been present at the meeting.
These memos made Sloan an “outstandingly effective executive,” Drucker argues, and you might say they were a key to GM’s dominance of the 20th century.
Former Opsware CEO and Andreessen Horowitz cofounder Ben Horowitz likes to have one-to-one meetings.
Back when he was a CEO, Ben Horowitz led Opsware to a $1.6 billion sale to HP in 2007.
Two years later, he …read more
Source:: Business Insider – Tech