Business Management

Success is easy to measure. It can be quantified in terms of profit, cash flow, and wealth.
Failure is more subtle.
Of course, some failures can be quantified, such as the value of a lost sale or the cost of a project delay.
Since such failures are easy to measure, most people focus on them.
But there is a type of failure that people ignore. It has huge costs. And it defies measurement.
It’s the future you could have had if you had made the correct decisions.
Before you become depressed by tallying a lost fortune, realize that some of this can be easily fixed by holding effective meetings.
With a bad meeting, there are no results. That means there are no plans, no solutions, no agreements. Thus your business stays stuck with whatever you had before the meeting. And that represents a much larger loss than the time and payroll wasted on the bad meeting.
Imagine what your business could achieve with a creative plan for increasing revenue.
Imagine what your staff could do with solutions to the problems that hinder their productivity.
Imagine what you could do with an agreement to support your vision for your business.
With a bad meeting, you have none of these. And the cost of not having these is everything that your future with them could contain.
This is why your next meeting is more than just a few hours spent in a conference room.
It’s your future.
So, do more than host a party where everyone talks about anything and everything.
Set a specific goal. Prepare an agenda. Invite those who can help. Involve all of the attendees. Use group process systems. And document the results.
In short, run the meeting like a business that earns a profit on your investment of time and resources.
And when it matters, hire a professional meeting facilitator to help