Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









How to Increase Your Team's Performance and Profitability Through Effective Meetings

Guest post by: Lorraine Pirihi

Article Overview: Recently I facilitated a strategic planning day with one of my clients. During the course of the day we reviewed the progress they had made since the last major planning day we had the year before. As we were reflecting on their achievements before planning the future, one of the partners made the comment on how crucial their weekly team meetings were.

Free Download - 3 Secrets to Finishing Work Earlier By Lorraine Pirihi
Name: Email:

How to Increase Your Team's Performance and Profitability Through Effective Meetings

Hi

Recently I facilitated a strategic planning day with one of my clients. During the course of the day we reviewed the progress they had made since the last major planning day we had the year before. As we were reflecting on their achievements before planning the future, one of the partners made the comment on how crucial their weekly team meetings were.

Originally when I first suggested they have regular weekly meetings with their team, the same partner thought it was a waste of time as he was focussed on how much time it cost to have everyone stop work for that hour. Being an accountant he was always focussed on chargeable hours and if they are all in a meeting for an hour they are potentially losing in excess of $1000. However, he soon learned how beneficial these meetings were to the productivity and profit of their practice.

In his own words he says:

"We use this time to discuss and implement systems, streamline and improve systems and procedures.

We feel that this time is where we can resolve issues, gaining different perspectives and ideas, everyone has constructive input, we also brainstorm different ideas and create our newsletter.

We find that our meetings enable everyone to communicate openly, productivity is higher as we plan the following week, which is more cost effective and obviously time efficient. The bottom line is these meetings keep the team happy as they feel their ideas are appreciated, it increases productivity and because we are more effective we make more money."

So the next time you postpone your team meeting because you are 'too busy' or don't think it's necessary to have them on a regular basis...think again.

Have a great week

Lorraine Pirihi
Australia 's No. 1 Productivity Coach

Related Articles
  How to Increase Sales Is Process Driven and Begins with Existing Customers Not New Ones
  How to Stay Connected in a Virtual Team
  Master Your Game: High Performance Teams Self-Assessment
  BE DiFFERENT Absolutes of Change
  Boosting Teams Morale

Home > Business-Coach > Lorraine Pirihi > How to Increase Your Teams Performance and Profitability Through Effective Meetings
Article Tags:

About the Author: Lorraine Pirihi
RSS for Lorraine's articles - Visit Lorraine's website

Lorraine Pirihi, The Productivity Queen, is Australia's leading Productivity Specialist and creator of "The Productivity and Profit System TM" the complete one-on-one training program for solopreneurs and small businesses that shows business owners exactly how to work less and earn more!

To receive your F.R.E.E. CD & Report "3 Steps to Dramatically Reducing Your Workload and Stress While Maximising Your Profit$! ($77 value) go to http://www.productivityqueen.com

 



Click here to visit Lorraine's website
Dashed Line

More from Lorraine Pirihi
You Cannot Afford to Take Your Eye Off the Ball When Managing People
How to Easily Accelerate Your Profits
You Are The Problem
How to Declutter the Clutter
Focus on Your Strengths Delegate Your Weaknesses


Related Forum Posts
Partner with them Partner with them - Welcome to the Group TMR, Some ideas of people you can partner with for the Custom Napkins: - Wedding Planners - Photographers - Annual General Meetings for Corporations - Pageants - Hotels - Elite Restaurants - Elite Spas
2007 Goals 2007 Goals - My yearly goals for December 2007: 1. Add 10-15 new "ideal" clients to our client roster 2. Increase revenues by $500,000 3. Average at least 1 paid speaking engagement per month.
ARTICLE: Performance coaching in the workplace ARTICLE: Performance coaching in the workplace - To create lasting performance change it is necessary to first understand the positive and negative influence that a person’s personal behaviors has on their execution and what impact these have on their ability to achieve success. Only when we fully understand a person’s behavioral patterns and create positive self-managing coaching strategies can we assist a person to create lasting performance change. The vast majority of employers believe coaching can deliver significant benefits to both individuals and organizations. The majority of employers plan to increase the use of coaching over the next few years, according to a new survey by the Institute of Personnel and Development. Nearly nine out of ten interviewed companies expect their managers and supervisors to deliver performance coaching as part of their day-to-day work. In another large industry-wide study it was found that most managers reported that they were confident in their ability to coach. However, the study also showed that the managers’ actual skills levels as coaches were typically poor. As a consequence they were not nearly as effective in their coaching as they believe themselves to be. Often times, they believed that coaching consisted of just providing 1-to-1 instructional feedback to their staff members on what to do in a given situation to perform better. Many recent studies have shown that technical skills only represent at best 20% of the contribution into our performance. The remaining 80% comes from our ability to choose or make a decision, assertiveness, commitment to grow, ability to concentrate, honesty, optimism, persistence, ability to perform well under stress and so on. These traits are commonly called our soft skills or attitude. Few managers understand just how deeply rooted their own behavior patterns are, let alone how to positively change them in other people. Performance coaching is frequently confused with other types of coaching, such as Executive coaching and Life coaching. Performance coaching is a form of Directive coaching. Executive coaching and Life coaching are both forms of Non-directive coaching. Directive coaching is usually more suitable for a manager who sometimes acts as a coach. Performance coaching in the workplace has developed immensely from what it was only 4 years ago. To choose the right coach will make a huge difference. You also better make sure to know what you want. If your coach knows what (s)he is doing – you will get on your way to get it! [i:38tu5pgr]- Peter J Karlsson[/i:38tu5pgr]
Increase Productivity and Profits on the Web Increase Productivity and Profits on the Web - A Web site is a great way to better service and market to current customers, but often a difficult way to attract new ones." Increase Productivity and Profits on the Web New! Don’t let the savings and productivity enhancements described in the following pages make you rush out and spend thousands of dollars overnight to have someone set you up with your own Web server, hosted Web site, or intranet.
Re: Money Does Not Guarantee Happiness Re: Money Does Not Guarantee Happiness - Thanks for singling this point out, Chris. One book that comes to mind that covers it in an overall approach is "The 7 Habits of Highly Effective People" by Stephen Covey. He addresses our inner life and the way it can change our effectiveness home and at work. There are corporations who have taken this model and effectively molded their business around it.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Promoting your company and self with verve

Environment and productivity at the office

How do I finance a franchise?

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.