A Simple Three-Step Solution to a Multi-Million Dollar Problem
Everyone Hates Attending Lousy Meetings
In case you need some convincing check out these statistics from TED.com:
- 25% of meetings are spent discussing irrelevant issues.
- 50% of people find meetings to be unproductive.
- 73% of employees do other work in meetings.
- 90% of people daydream in meetings.
- 100% of employees play Candy Crush, Snapchat with friends, or text their kids during meetings.
(That last bullet was a joke, but you get the idea)
A Million Dollar Problem
Executives average 23 hours a week in meetings. 7.8 hours of that time is spent in unnecessary or poorly run meetings.
That adds up to a waste of over 2 months a year, per executive.
Do the math. If you’re paying a group of 5 executives an annual average of $100,000, that adds up to $83,333 of wasted salary per year.
Hopefully, you are paying yourself more than that. If you’re making $250,000, wasted meeting time costs you $41,666 of your salary per year.
Project those numbers over ten years, and you can see how your badly run meetings can cost you millions of dollars in salary alone.
How many hours have you wasted in poorly run meetings that fail to address the real issues that affect your company? You talk and talk, but never commit to, or take, action—or if you do act, you act ineffectively, not focusing on things that could really solve your problems.
What Is the Root Cause of Bad Meetings?
75% of people have received no formal training on how to conduct a meeting, so most people have no clue about how to run a well-structured meeting.
They don’t know how to begin the meeting with a bang so that participants are engaged, how to tap the best thinking of the attendees during the meeting, or how to drive towards a conclusion in a timely manner.
Every business has challenges, and every business needs meetings to discuss how to overcome the challenges. The problem is that most meetings are time consuming, too rigid, or too chaotic. Most leaders lack simple frameworks to get all meeting participants involved, get ideas flowing, gather those ideas skillfully so that bias and preconceived notions do not squelch creativity, and then narrow down their lists to one idea that the teams can commit to implementing.
Thankfully There’s a Simple Solution
Something is “kick-ass” if it’s powerful and effective. The Kick-Ass Meeting (KAM) format is a powerful and effective three-step process that will help you run killer meetings that people will look forward to attending. Using KAM, you’ll be able to present a problem to your team members, and lead them through brainstorming, prioritization, and action planning.
KAM provides enough structure to keep your meetings on track and on time, without the stifling rigidity of traditional agenda-driven formats.
In less than an hour, you’ll generate a clear, three-part, one-page action plan that you’ll use to hold people accountable. You’ll be able to instill in your business a problem-solving, action-orientated bias that will enable you to drive success and profit.
Here’s What Clients Say about Kick-Ass Meetings:
“From the first meeting in our office, you begin adding value immediately. The process you took us through in that one meeting resulted in well over $50,000 in new business as a result of the focused action plan we developed together.” Bryan Merica, Partner, IDMLOCO
“You bring something very special to the table: arms-length perspective, pinpoint focus, and an actionable plan to immediately move the needle. Your ability to sort through a myriad of data to identify key success nodes is impressive.” Matt Wozniak, President & CEO, National Shopping Service
“The most beneficial thing I found in working with you was your simple and effective meeting process. It can be used over, and over, and over without becoming tired and stale. It’s a good way to engage a team and have them take accountability and ownership over creating things that are going to propel the business forward.” Shone Freeman, President, SR Freeman
“...the skills that you bring to the table as far as facilitating meetings are probably the best I’ve ever seen.” Ed Herrnberger, Area Manager, Teichert Construction
Do Your Meetings Kick-Ass?
When I moved up into a position with greater responsibilities, my organization encouraged me to take advantage of leadership or professional coaching opportunities, a resource I’d long wanted to exploreRead More
Teichert recently promoted a couple of our up and coming leaders to General Superintendents. I’ve gotten to know Eric through the work he’s done with Teichert, facilitating executive meetings, and I enjoy the way he relates leadership lessons from other fields, such as military history to the construction industry. The newly promoted leaders report directly to […]Read More
Eric, When I started searching for an executive coach, I needed to find the right fit—someone who would take a genuine and personal interest in me and my goals, and engage with me in a process that felt authentic and custom-made for my company. If I had to choose one word to describe the benefits […]Read More
Lancaster Burns Construction, Inc. works with Eric to clarify strategy and develop leaders throughout their organization.
Dear Mr. Anderton, when we first sat down, you asked some difficult questions like: What are we about? What do we do every day? How do we do what we do? What drives us? And when you get a group of your leaders together to do that, it really helps people get on the sameRead More
Mr. Anderton, I had thought about using an executive coach for a long time, it just took me a while to pull the trigger. Investing the time in process, in investigating and selecting a coach, and then setting up the meetings, was something I knew I needed to do, but didn’t feelRead More
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Most consultants don’t have a clue As a leader, responsible for a large general contracting firm, I’m approached occasionally by business consultants offering various solutions that they say will enhance the effectiveness of our leadership team. The problem is that many of themRead More
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Dear Eric: Thanks for all the help you have provided my company over the last year through your business coaching and consulting. Cook Engineering is on track to achieving the highest revenue and profit figures in more than five years, and you have made a significantRead More
To whom it may concern: Quincy Engineering, Inc. is a civil engineering consulting firm specializing in water and transportation engineering with 70+ employees located in five offices. As our firm has grown and evolved through the years, we have continuously looked forRead More
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Eric, Our people are our greatest asset, and we prioritize investing in them. However, we are careful and thoughtful about introducing any type of coaching or outside influence into Teichert. Budget constraints are always a concern, and we have to make sure that there is both aRead More