{"id":5440,"date":"2014-09-05T06:29:43","date_gmt":"2014-09-05T12:29:43","guid":{"rendered":"http:\/\/corevalues.com\/?p=5440"},"modified":"2014-09-05T06:29:43","modified_gmt":"2014-09-05T12:29:43","slug":"meetings-are-a-team-building-activity-ceos-shouldnt-ignore","status":"publish","type":"post","link":"https:\/\/corevalues.com\/dev\/2014\/09\/05\/meetings-are-a-team-building-activity-ceos-shouldnt-ignore\/","title":{"rendered":"Meetings Are A Team Building Activity CEOs Shouldn’t Ignore"},"content":{"rendered":"
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\"Time<\/a>Are team meetings a waste of time? To some they are if nothing is accomplished. While team meetings are an important team building activity, all too often they are mismanaged resulting in time and productivity losses.<\/div>\n
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It doesn’t have to be that way.\u00a0 However, if team meetings are not improved from the top down, accountability suffers.<\/div>\n
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According to recent time management studies conducted by Bain and Associates, top executives lose thousands of hours each year responding to email and sitting in unproductive meetings, and the losses snowball through their organizations \u2013 simply because companies do not track and monitor employee time as tightly as any other resource, such as capital.
\nBain\u2019s research finds that 15 percent of an organization\u2019s collective time is spent in meetings, a number that has increased steadily since 2008. One company\u2019s weekly senior leadership meeting directly consumed 7,000 hours per year for the attendees \u2013 but 300,000 hours companywide among subordinates in preparation and related meetings.Yet most companies have no ability to quantify how their executives and other employees spend their time because they do not track and measure it.<\/p>\n

Bain teamed with VoloMetrix, an enterprise analytics company, to examine the time budgets of 17 large corporations. Among their findings:<\/p>\n