LeanAcademy (Season 2)
Time Management & Efficiency: Introduction
Classification in the Lean Toolbox
Level 4 – Continuous Improvement
Time is Money: so keep the Time lean!
Harvard’s study “The Leader’s Calendar” found out that one of the main reasons executives lack time is due to unproductive meetings.
Management employees who are usually well paid often sit in those meetings. A salary of EUR 100,000 annually for a middle-management manager is common in Central Europe. If you calculate with an hourly rate of EUR 60 per person, the cost of a one-hour meeting with 6 participants is EUR 600 per hour. In simple terms, that means that the result after this meeting should bring the company at least 600 EUR profit.