I was sitting at the airport in Vienna, exhausted from long meetings, staring blankly ahead. I just wanted to go home. I spotted the hunched figure of one of the largest and most experienced CEOs in a similar state. I politely stood up to greet him and asked,’You don’t look happy, what’s up, meetings?’ He replied affirmatively. I cannot recount the further conversation, but I thought: ‘If he looks this tired and disheartened, who am I to complain, it must be like that.’
Meetings and collegial gatherings are one of the frequent reasons for dissatisfaction with work in companies. It is a shame if it is so because they should be a great opportunity to hear something, learn, exchange opinions, get work done, motivate, and possibly entertain. When they are unproductive, when they drain, waste time without results, they are a big problem for people and the company. Employees often have complaints about their duration and quality, including directors, but they could change such practices because meetings, above all, depend on who prepares and leads them. It is a craft, so fortunately, most of what is needed can be learned.
Meetings are expensive
Meetings are expensive. Calculate how much the working time of participants costs. If it involves a dozen directors and several hours, a significant amount accumulates. This should be added to the time for arrival and departure, often also for preparation. If the meetings are poor, add the time after them when participants will complain to each other or be disheartened about work. Therefore, they need to be well utilized.
It is not the same whether it is about internal collegial gatherings, weekly, monthly meetings, board meetings, supervisory board meetings, or thematic meetings. They can be convened for exchanging opinions, determining status, decision-making… The key role is that of the person who manages them. There are various styles and ways, and they generally reflect the character of the person leading them. Regardless of personality and corporate culture, there are also objective rules. You should always keep in mind the basic goals of the meeting or collegial gathering. The preparation, who will be invited, and how it will be conducted depend on the goal. You can write down what you expect from the meeting before it. They were particularly important to me as a place where corporate culture and practice are created. Meetings with more than five or six people (maybe a dozen if they are very disciplined, the preparation is good, and the management is efficient) cannot be quality working meetings where viewpoints are presented, thoroughly discussed, and constructive conclusions or decisions are made. Those with more participants are suitable for exchanging information, presentations, and motivation. Meetings without minutes and conclusions about who will do what and by when generally mean wasting time and money, yet such meetings are still held even in some large and relatively successful companies.
Preparation is half the job
It is said that preparation is half the job. Materials must contain key information, be good and clear, delivered to participants on time, so they can prepare and not waste time on unnecessary questions during the meeting. Both are particularly important when decisions are made, for example, for board meetings. One of the not infrequent ‘dark’ techniques of decision proposers is long, hard-to-read materials and explanations with many attachments. You should not tolerate such practices. There are usually many agenda items, so you will not be able to study them all well. Sometimes that is the goal. From a forest of trees, you might miss the forest or the bad trees. The proposers are usually responsible for implementation. Including details in the decision or attachments is a sharing of responsibility or an opportunity to avoid it. If something goes wrong, they will say: ‘Well, you saw and could have reacted!’ Sometimes even the competent board members encourage their directors to adopt such a style, reinforcing the legally prescribed joint responsibility of the board. This is a bad corporate culture and an example that more is not always better.
