Sick Of Badly Run Meetings? | The Melting Pot Newsletter | #77
HOW TO PERFECT YOUR AGENDAS AND MEETINGS
Never mind the coronavirus. One of the biggest epidemics in the business world is badly run meetings. You know the ones – poorly prepared, dominated by one or two voices, interminable agendas and achingly boring topics.
The average employee wastes nearly 13 working days every year in unproductive meetings. That’s a lot of valuable time and money down the drain. And the way your company runs its meetings speaks volumes about your culture. I’ve always felt that meetings hold a mirror up to an organisation – if they start late, have no structure and are generally disliked by employees, that’s not an organisation that’s heading for greatness.
If you’re looking to grow your business this year, you need to tighten up these fundamental building blocks. Changing the nature of meetings requires you to learn new ways of doing things and also unlearn bad habits. This can be hard. It takes effort and time – a deliberate practice that you’ve prioritised as important. It’s worth it though. Fix meetings and your company will take a massive leap forwards.
Here are my tips for perfecting your agendas and meetings.
How to Use Talk Triggers with Jay Baer
If you’re trying to deliver remarkable customer experiences that will get customers talking, then you’re trying to create Talk Triggers.
And that is exactly what this episode with Jay Baer, the founder of five multimillion-dollar companies, New York Times bestselling author of 6 books, public speaker, social media marketing and customer experience guru, is about.
“Word of mouth influences 50% of all purchases, and it influences 91% of B2B purchases. And for major purchases, word of mouth is the number one decision-making criteria. Yet fewer than 1% of businesses have an actual word of mouth strategy.”
In this episode, Dom chats to Jay about his most recent book, Talk Triggers. A talk trigger is defined in Jay’s book as an operational choice that is designed to create conversations – something that customers will go away and tell their friends and family about.
So if you’re trying to figure out your business’ talk trigger, then this episode is for you.
Founders helps you learn from entrepreneurs that came before you. For every episode, I read a biography of an entrepreneur and pull out ideas you can use in your work. You won’t find any ads, intro music, or interviews. Just a stream of ideas from history’s smartest entrepreneurs. Founders has been called “a treasure trove for entrepreneurs”, “a kale smoothie for your brain”, and “pound for pound the most insightful media out there.”
Have you ever read a book that totally blew your mind? Books have the power to change your perspective on life. How many times have you heard about some person that decided to pursue something simply because she read a book? It happens all time. Until I was 17, I believed that reading was something you had to do at school, or something that you did for entertainment. I hated reading.
If you’re having trouble keeping your New Year’s resolutions, you might chalk it up to what MIT Professor Drazen Prelec calls “scale mismatch”—the challenge of achieving a large goal that turns on many small decisions distributed over time. No one trains for a marathon, saves up to buy a home, or completes a dissertation without piecing together contributions from many temporal selves. That includes the today-self who reasons that tomorrow would be a better day for running, saving, or writing—or who doesn’t trust her future selves to see through any project that she begins.
Many leaders err on the side of caution when it comes to trusting other people. Whether it’s counting on employees to meet a project deadline, relying on other departments to deliver needed inputs, or expecting the boss to stick with a plan, it sometimes seems safer to adopt a healthy dose of skepticism. Yet when that skepticism morphs into a default presumption of mistrust in other people, it can cause enormous damage to relationships and a leader’s own credibility.
SCALING YOUR TECH BUSINESS BY DOMINIC MONKHOUSE
Calling all CEOs, Founders and Managing Partners! Learn valuable scale-up strategies in a brand new book by the UK’s top tech industry business coach, Dominic Monkhouse. Dom has a track record of scaling-up award-winning technology businesses, including two UK based companies from zero revenue to £30 million within five years. Now he is sharing the secrets behind his success in a new book, FREE to all Melting Pot subscribers. The download will be available very soon. Watch out for your copy!
In this fascinating and thought-provoking book, Nick Lane brings together the latest research findings in an exciting field to show how our growing understanding of mitochondria is shedding light on how complex life evolved, why sex arose (why don’t we just bud?), and why we age and die. This understanding is of fundamental importance, both in understanding how we and all other complex life came to be, but also in order to be able to control our own illnesses, and delay our degeneration and death.
MEANINGFUL ACTION FOR MONDAY
Put yourself through your own company’s recruitment process. Make up a name and work out who to approach. This mystery-shopping type exercise will tell you all you need to know about why you’re finding it hard to attract talented staff.
Many companies say they’re struggling to recruit because of the ‘Global War on Talent’. Actually, it’s because they don’t make it easy to apply. Maybe a potential candidate hits your social media or website, and there’s no indication that you’re recruiting. Or your process is full of friction. When I worked at Peer 1, I had ‘I am hiring’ as a sign-off next to my name wherever it appeared. It’s amazing how often people would randomly email me their CVs. All managers should be interviewing at least two people per week. Your door should always be open to talented candidates. The great companies that I worked with had no shortage of talented people joining their company.