Itâs ideal if the series of weekly meetings ends before lunch (like OTGâs) or happy hour, so the executives can have a more informal setting in which to discuss issues that surface during the structured part of the meetings. That informal time is often when real decisions are fleshed out.
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But you also need to occasionally stop and reevaluate your meetings and communications processes and change things up when theyâre no longer an effective or efficient use of time. You might turn some meetings into status update reports and reduce the number of people who attend. But then you have to be wary of too many reportsâyou donât want the teams spending tons of time releasing information that nobody reads. Itâs a constant battle. Managers should always be paying attention to how many hours teams are sitting in meetingsâboth intra-team and inter-teamâand working to keep those numbers under control.
Now, however, he [the senior financial executive] satisfies the status needs of his subordinates in a different manner. He sends out a printed form which reads: âI have asked [Messrs Smith, Jones, and Robinson] to meet with me [Wednesday at 3] in [the fourth floor conference room] to discuss budget. Please come if you think that you need the information or want to take part in the discussion. But you will in any event receive right away a full summary of the discussion and of any decisions reached, together with a request for your comments.â Where formerly a dozen people came and stayed all afternoon, three men and a secretary to take the notes now get the matter over with within an hour or so. And no one feels left out.â
Many executives know all about these unproductive and unnecessary time demands; yet they are afraid to prune them. They are afraid to cut out something important by mistake. But this mistake, if made, can be speedily corrected. If one prunes too harshly, one usually finds out fast enough.
CEOs often avoid these decisions because they involve executives who have become dear friends. We recognize that this is a touchy subject, but it must be faced if the organization is to grow. One option is for some of the early team members to help launch a new product or division. They are usually more comfortable in a start-up situation or working on a smaller team. And several of the early leaders might be relieved to have the burden of an increasingly important and complex function taken off their shoulders. You wonât know until you have these crucial conversations.
Within each theme, the company lists smaller âRocksâ (column 5 of the OPSP) that need to be addressed in order to achieve the companyâs big goal for the next 13 weeks, helping to focus everyone on execution. Though employees do not discuss the themes during daily huddles, which are focused on daily operations, they devote 30 minutes at weekly meetings to addressing progress toward the Quarterly Theme.
Now, however, he [the senior financial executive] satisfies the status needs of his subordinates in a different manner. He sends out a printed form which reads: âI have asked [Messrs Smith, Jones, and Robinson] to meet with me [Wednesday at 3] in [the fourth floor conference room] to discuss budget. Please come if you think that you need the information or want to take part in the discussion. But you will in any event receive right away a full summary of the discussion and of any decisions reached, together with a request for your comments.â Where formerly a dozen people came and stayed all afternoon, three men and a secretary to take the notes now get the matter over with within an hour or so. And no one feels left out.â
Many executives know all about these unproductive and unnecessary time demands; yet they are afraid to prune them. They are afraid to cut out something important by mistake. But this mistake, if made, can be speedily corrected. If one prunes too harshly, one usually finds out fast enough.