MANAGEMENT

Detailed explanation-1: -24 billion hours are wasted each year because of unproductive meetings. A corporate employee spends, on average, 4 hours preparing for and attending meetings per week. The average length of meetings has decreased by 20.1%. In 2021, workers spent approximately 11.5% less of their working hours in meetings each day.

Detailed explanation-2: -Deadlines going missed or getting completely ignored. Small details falling through the cracks. Projects going over budget and money getting wasted. Goals not being accurately predicted or set.

Detailed explanation-3: -We end up wasting time in meetings. There are many culprits: lack of preparation, poorly defined objectives, and latecomers or no-shows, just to name a few. Video conferencing helps make meetings more productive.