Sunday, May 5, 2013

3 Ways On Making Your Business Better Through Meetings




Effective meetings make money

Effective meetings make a business smart by producing creative strategies, solid plans, and workable solutions. If you have a smart business then you can always outperform others. Bad meetings produce nothing, except maybe a decision to call another meeting.

A smart business attracts customers because they know that smart companies provide reliable products and services. The customers have an idea what to expect from your proposal meetings, sale presentations, and operational effectiveness. For example, consider the opposite: how reliable a product would you expect from a company that ran bad meetings?

Remember that for a profit-driven business, a positive return on every activity it undertakes must be obtained. That also includes meetings. Meetings are designed by wise leaders to earn money for their business.

Saving money through effective meetings

Also produced by good meetings are results that people support. These represent a major operational efficiency since it costs less to implement such results. From a bad meeting, results are not exactly supported by everyone. Things that hinder implementation include broken commitments, competing activities, and sabotage. In turn, the business wastes huge amounts of money on duplicate efforts and dead-end projects.

Full value for money spent is what smart companies get. Salaries are also included. People are not paid to lounge around in an effective meeting.

People look up to effective leaders. And they want to work for smart companies. With effective meetings, employee turnover is reduced, representing significant savings. But top performers are tempted to quit in bad meetings.

Effective meetings make people powerful

When people work as a team to produce a result, they feel pride and ownership in that result. Thus, they feel inspired by their work. If that happens, then there's going to be greater productivity.

People are attracted to leaders who help them. And good leaders run meetings characterized by achievement. Loyalty is then created to the leaders and the business. But with bad meetings, there are failures which can cause frustration, anger, and resentment.

In business, effective meetings work as a success engine. To perform their work, employees use them as a reliable tool. With each success, they are motivated to work harder.

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