Bad meetings are a big issue in the modern workplace. Just how big of a deal are they? We dug into three common statistics: -The number of meetings per day -The percentage of these meetings considered to be effective -The cost to the US economy of wasted meetings See the blog post for more: http://blog.lucidmeetings.com/blog/fresh-look-number-effectiveness-cost-meetings-in-us

1. Meetings in the Digital Age
The Number, Cost, & Effectiveness
of Meetings in the US
The Number
55 million meetings per day
1974
11 million
1996
25 million
2014
55 million
Short & Tight
Most meetings
last 1 hour or less
involve 5 or fewer people.
8
12
meetings per week
average for workers
meetings per week
average for managers
The Effectiveness of Meetings
Most People Think Meetings Work
(with ample room for improvement)
11%
Poor (or worse)
18%
Somewhat effective
Somewhat ineffective
38%
Good
Productive
31%
Excellent!
Very effective!
The average rating of meetings as effective or productive as reported in studies from 1998 to 2015.
The $$$$$$$ of Meetings
$1.4 Trillion Spent Per Year
with up to $213 Billion wasted
That’s 8.2% of the 2014 US GDP spent in meetings
with just over 1% GDP spent in wasted meetings.
Based on a review of sources from 1974 through 2015.
Full documentation for all data at:
http://blog.lucidmeetings.com/blog/fresh-look-number-effectiveness-cost-meetings-in-us