Businesses lose two working days a year by starting their weekly meetings late, according to a Barco survey.
Their survey of 1,000 office workers found that 59% of them attend meetings “a few times a week,” with meetings starting six minutes late on average. This equates to 864 minutes lost each year, provided an employee attends four meetings per week
If a business employs 50 people, it is calculated that it will lose 950 hours each year – an important consideration for businesses with billable hours.
When the cause of a delayed start was investigated, team members struggling with technology were cited as the primary offender, accounting for 31% of all meetings that lacked punctuality, while 16% were due to adapter problems.
Overall, research also shows that the causes of the greatest meeting stress (87%) are related to technology, connection to meeting room technology, incompatibility issues, and technology failures making it part of the main problems.
When asked about the real long-term consequences of a meeting that starts late, 93% said they were stressed, 70% said speakers had lost their credibility, 24% said they missed a deadline and 12% said have even lost business opportunities.
Lieven Bertier, Head of Product Management at ClickShare Barco, said:
“Meetings should encourage participation, collaboration and engagement. However, what our research shows is that much of the time is wasted due to technological issues, which means that the flow of meetings is affected, that people are not necessarily able to present the content they want. they need and, therefore, collaboration and interactivity are severely affected. And it’s not just limited to the meeting. Research reveals a much wider impact.