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CBS News reports that professionals lose on average, 31 hours per month to unproductive meetings. This equates to four work days each month and if you factor in the salaries of these professionals, the cost associated is exponential.
This is the result of the numerous, non-formalized meetings which produce stockpiles of meeting minutes documents and various other types of data. This lack of structure, organization and archiving inhibits organizations from pushing forward with innovation and positive procedural changes.
In an attempt to improve the effectiveness of these meetings, organizations are turning to meeting management software as a solution. By enforcing proper preparation, standardizing meeting procedures, and streamlining the meeting minutes process, meeting management software is revolutionizing the way organizations are running meetings.
Meeting management is the process of coordinating the various components involved in running an effective meeting. Meeting management can be categorized into 3 stages; before the meeting, during the meeting and after the meeting. Meeting management software assists users in correctly addressing the components that make up the 3 stages.
Meeting management at this stage is critical. This stage builds the foundation for the meeting itself and is composed of the following:
Meeting management at this stage is where the actual meeting takes place. This stage builds the material for the meeting minutes and is comprised of the following:
This stage involves the creation and archiving of the meeting minutes’ document and is comprised of the following: