Why Would Anyone Hold a Bad Meeting?

Pssst, want a stock tip that will make you rich? Okay, here it is: phone a public corporation and ask to speak with the CEO.

If a secretary tells you that the CEO expects to be busy in meetings for the next six hundred years, call your broker and sell the stock short. Any company unable to manage an activity that should last an hour is on its way down the financial tubes.

Although it's true that senior executives spend much of their time in meetings, you can bet that a business is in trouble if their meetings are out of control.

Surveys show companies waste an average of 20% of their payroll on bad meetings. And that's just the beginning of the problem. Meetings keep people away from the tasks they were hired to perform -- tasks that make money for the company and keep the business ahead of the competition.

Since bad meetings are so wasteful, you may wonder why anyone tolerates them. Unfortunately, many business leaders think that their meetings are just fine. They even believe that they're experts at holding effective meetings.

For example, when I phone companies to ask if they would be interested in improving their meetings, I sometimes encounter an assistant who assures me that the executives believe that they hold wonderful meetings. Then the assistant snickers, coughs softly, and regains enough composure to state that they don't need my services. At this point the assistant sounds like someone on a sinking ship who is throwing a life jacket into the water.

And that must make you wonder: why any intelligent person would hold a meeting that wastes everyone's time and produces nothing.

There are easy answers such as 1) they don't know that their meetings could be effective, 2) they don't know what an effective meeting is like, or 3) they don't know how to hold an effective meeting.

But what about the rest of them? That is, what about all of the executives who know how to plan and organize and run an effective business, but still hold bad meetings?

Let's dig deeper. These executives actually want to hold bad meetings because they prove to be useful. Here's how.

1) They provide refuge.

Bad meetings provide a sophisticated form of executive busyness. Some people find this useful because it keeps them from having to work on difficult tasks such as planning, coaching, learning, and communicating. Compared to these difficult tasks, sitting in a conference room is easy. In fact, it is so easy that a six-year old could do it, assuming you could convince the child to stay inside for such a pointless activity.

Better: An effective meeting is business activity where people work together.

2) They avoid responsibility.

Bad meetings never end with decisions, which means that no one ends up being held responsible for doing anything. Some people find this useful because responsibility implies accountability and accountability requires results. Thus, without responsibility there is no failure and everyone appears to perform well. This masks poor performance so that everyone continues to receive raises and promotions, even when they accomplish nothing because (you guessed it) they spent all of their time sitting in meetings.

Better: Effective meetings produce decisions that someone is responsible for implementing.

3) They provide excitement.

Bad meetings feature all of the elements of a good drama, such as conflict, tension, and pain. For example, the participants deliver self-aggrandizing reports, denigrate their colleagues, and engage in politics. Some really terrible meetings play out like pathetic battlegrounds with verbal gladiators battling for favors while the boss watches.

Better: Effective meetings occur in a safe environment of respect.

4) They serve food.

Bad meetings become an enviable executive perk when they provide snacks, coffee, and (sometimes) meals. The attendees then use eating to offset the boredom of having to hear meaningless discussions. It also saves them the expense of having to buy food.

Better: Meals should be a separate activity used to build relationships and (sometimes) rest.

5) They entertain.

Bad meetings resemble a party. People tell stories, trade jokes, and argue over trivia. Some meetings feature comedy performances by the office fool. Others feature humorous belittlements by the office bully. And if neither of these occurs, the absolutely unbelievable discussions amaze and entertain everyone.

Better: Effective meetings use process tools to make methodical progress toward results.

All of this shows why the type of meetings held in a company should be of major concern when making investment decisions. If the executives need to learn how, that can be fixed by scheduling a workshop. Then you might consider investing in the company, after they complete the workshop. If, however, the executives hold bad meetings to avoid fundamental leadership responsibilities, you should seek other investments.

IAF Certified Professional Facilitator and author Steve Kaye works with leaders who want to hold effective meeting. His innovative workshops have informed and inspired people nationwide. His facilitation produces results that people will support. Call 714-528-1300 or visit his web site for over 100 pages of valuable ideas. Sign up for his free newsletter at http://www.stevekaye.com


AddThis Social Bookmark Button

In The News:


New York Times

Under New Management Why Should Recession Stop the Recruiters?
New York Times, United States - 17 hours ago
In a survey in early October of nearly 450 human resources officials by the Society for Human Resource Management, some 39 percent thought that future ...

Application Management
NetworkWorld.com, MA - 1 hour ago
Open source management software provider Hyperic this week introduced an upgrade to its platforms that lets IT managers monitor virtual environments,. ...
Patch Management NetworkWorld.com
Asset Management NetworkWorld.com
Identity Management NetworkWorld.com
NetworkWorld.comall 5 news articles

AIG to Sell ILFC to Management Group, Udvar-Hazy Says (Update2)
Bloomberg - Nov 21, 2008
“We’re in the process of selling ILFC to a group of investors including management that will take back the company from AIG,” he said earlier at the ...
AIG to sell plane lessor ILFC to investors- report Reuters
all 27 news articles

Gothamist

UPDATE 1-Owners battle over fate of 65 Steve & Barry's stores
Reuters - Nov 21, 2008
... the new owners of Steve & Barry's -- investment firms Bay Harbour Management and York Capital Management -- filed for bankruptcy protection on Wednesday ...
Steve & Barry’s to liquidate Bizjournals.com
Steve & Barry's again files for bankruptcy Newsday
Steve & Barry's plans closing store at mall Monroenews.com
Bizjournals.com - Bizjournals.comall 282 news articles

Cloudbreak Resources Ltd.: Amended and Restated Management ...
MarketWatch - Nov 21, 2008
... the Company has, with the assistance of the BCSC, revised and re-filed its annual Management Discussion and Analysis for the year ended April 30, ...

Dallas school officials missed, misread signs of deficit
Dallas Morning News, TX - 6 hours ago
For anyone trying to understand how the budget mess developed, Deloitte & Touche's 2006-07 audit – and its accompanying "Report to Management" – is a good ...

Regional workshop on management of ship balance waters begins
Yemen News Agency, Yemen - 4 hours ago
... Presidency of Metrology and Environment Protection arrived on Sunday in Aden to take part in a regional workshop on management of ship balance waters. ...

Winning Management Lessons From the NFL
MSNBC - Nov 21, 2008
So when you find yourself scrambling for new clients or having to deal with a notoriously difficult employee, recall these seven management lessons that ...

Target Corp. Won't Pursue Pershing Real-Estate Plans
Wall Street Journal - Nov 21, 2008
... structure ideas proposed by activist investor Pershing Square Capital Management LP, calling the potential value of the deal "highly speculative. ...
Target Says It Won’t Pursue Pershing REIT Proposal (Update1) Bloomberg
Target says it won't pursue Pershing Square deal Forbes
Target rejects Pershing's real estate proposal Reuters
MarketWatch - WELT ONLINEall 417 news articles

Health-care crisis management must end
Rochester Democrat and Chronicle, NY - 6 hours ago
Sens. Hillary Clinton and Chuck Schumer gave themselves some deserved pats on the back last week for saving $65 million in federal Medicaid dollars that the ...
management - Google News
Your Ad Here

Games at Buy.com

Holiday Home Store at Buy.com

Five Steps to Better Employee Management

Hiring employees is a huge responsibility. Before hiring anyone, be sure to carefully analyze your needs in terms of extra assistance.Once you've gotten through the hiring process,... Read More

Einstein - Definition of Insanity

Insanity in the Sign & Graphics IndustryEinstein's DefinitionAlbert Einstein once said "The definition of insanity is doing the same thing over and over again and expecting different... Read More

Hiring a Book Keeping Service

Whether you choose to do your own books and accounting or hire those services out there are a few things you should know first.A good book keeping... Read More

Better Manager Skills - How to Learn

When you first take over a department, expectations are usually high but operations are sometimes in disarray. The staff is disorganized, goals aren't being met, and hours... Read More

Why Half of All Mergers Fail After the Honeymoon Ends

Marriages and corporate mergers in America have at least one thing in common, more than 50 percent end up on the rocks. In fact, according to a... Read More

Sexual Harassment Policy Guidelines Part II

SEXUAL HARASSMENT COMPLAINT INVESTIGATION PROCEDUREEvery complaint will be thoroughly investigated. When a complaint of sexual harassment is received we will take the following actions:1. Question both parties... Read More

Project Management - The Traveling Product Manager

Various studies ? and common sense ? indicate that involving customers increases the likelihood that your product will meet customer requirements (I hope these studies weren't funded... Read More

How to Approach Group Decision Making

GROUP DECISION MAKING -- IDENTIFY THE PROBLEM: Tell specifically what the problem is and how you experience it. Cite specific examples. --"Own" the problem as yours and... Read More

Innovation Management: The Power of Emotional Attachment

Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation.There are distinct processes that enhance problem... Read More

Process and Procedures Investments - How to Get Money Back

In September 2004, President Bush signed the $146 billion tax cut bill restoring the recently expired business Research & Experimentation Tax Credit. The 18-month renewal of the... Read More

Leadership Style: What Makes A Good Boss?

In today's competitive environment, companies realize that a good boss is one who can identify and build on the talents of the staff and knows how to... Read More

Business Innovation ? Core Competency and Competitive Advantage

Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation.There are other useful definitions in this... Read More

How Businesses Can Stop Wallowing in Bad Debt and Prevent It in the Future

"Become the Squeaky Wheel", a new book just published, explains that getting customers involves more than advertising. Michelle Dunn presents examples of credit procedures and policies to... Read More

The High Cost of Employee Turnover Among Project Managers

Imagine for a moment this scenario from a frustrated Senior Manager of a large pharmaceutical organization: "Our organization has experienced a large turnover among project managers in... Read More

Disaster Prevention Tips For Hiring A New Manager

It happens over and over in businesses every day.Within large companies, people are promoted to management positions to reward them for performance as individual contributors. After all,... Read More

Are Your Meetings Smart?

Soon after I finished a brief seminar on how to accomplish more in less time every day, Roger shook my hand and said, "I can use what... Read More

Out of Control?

There are papers on the floor, across the desk and resting on the keyboard. Piles of files are all around. Magazines, newspapers?you name it. Just about anything... Read More

Your Biggest Problem in Business? Work Ethic

US Work Ethic Issues and Lack of serviceWell many of us are getting upset with the lack of service these days and no one cares and... Read More

CEOs Role in Family Business

I first met Roland (not his real name) in 1972. He was a high school student working a summer job in his father's business."We're teaching him the... Read More

5 Awesome Actions of Highly Creative Leaders!

How many times have you wondered why you are unable to "think-out-of-the-box" more often?We are all products of our environment and our backgrounds usually prevent us from... Read More

Importance of Just-In-Time Inventory System

In today's competitive world shorter product life cycles, customers rapid demands and quickly changing business environment is putting lot of pressures on manufacturers for quicker response and... Read More

Develop Your Managers and Keep Your Staff

Following on from the last edition of The Organised Times where we spoke about developing the people in your business, this week we're focussing on the importance... Read More

Knowledge Management - Creating a Sustainable Yellow Pages System

How can I "know who knows" None of us can personally know more than around 250 people, yet we want our companies to be smart, learning organisations... Read More

Discover the Astonishing Power of Words Today!

Picture all the people you know who are dynamic, successful and self-confident. The ones who are the stars of every gathering. The people who are witty, intelligent... Read More

The Dog That Didnt Bark

A few weeks ago, after consultations with others in an association I represent, I made a partnership pitch to another organization with similar interests. If the idea... Read More

Use Noncompete Agreements To Protect Your Business

Q: One of my former employees has launched an online business very similar to mine and is contacting my clients and trying to steal their business from... Read More