Ineffective meetings can have a lot of indirect costs, which are all but impossible to quantify. They cause frustration, fatigue and stress, and so can damage engagement and morale.
On a team level, they foster negative mood, decrease trust, and interfere with working processes.
Becasue they involve top managers, meetings use up the time of your best thinkers. The average employee spends a third of their work time in meetings – that’s the equivalent of four months’ work every year. Your best and brightest are losing far more than this. What could you achieve if some of that time was committed to other work?
There is one indirect cost that can be calculated – Recovery Time.