10 highly paid professionals sit in a conference room. They chat about the weather and football. They wait 5 minutes for the late guy. The facilitator cant get the projector working.
How much did that just cost? Did you get an hours value out of your hour meeting?
The Meeting Cost Stopwatch helps the team stay focused on using time wisely, and highlights the real cost of dead-end meetings to your startup / small business / corporate behemoth.
Run it in the corner of Agile / Scrum standups to keep them snappy and on track. Be amazed at how fast the $ grows during the 100 person whole-team gabfest. Remind your expensive consultants and lawyers that you know that time is money.
1. Define roles (or specific people), including how much they cost
2. Add attendees to the meeting
3. Hit play and watch the dollars tick over