Let’s delve deeper into the numbers. If we consider the average salary of professionals, the cost of meetings can be translated into a substantial financial figure for organizations. This is a direct financial impact, not to mention the indirect costs such as lost opportunities for innovation or market responsiveness.
Let's put some numbers to the problem. According to a study by Doodle, the average professional spends approximately 23 hours per week in meetings
. This translates to nearly 1,200 hours per year—or 50 full days—spent in meetings. That's more than two months of working hours lost annually due to meetings alone.