Wednesday, February 8, 2023

🏁 Axios Finish Line: You're over-scheduled

76,500 hours of meetings | Wednesday, February 08, 2023
 
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Axios Finish Line
By Mike Allen, Erica Pandey and Jim VandeHei ·Feb 08, 2023
Feb 08, 2023

Welcome back. Talk to us at FinishLine@axios.com.

  • Smart Brevity™ count: 305 words ... 1½ minutes.
 
 
1 big thing: Companies fight meeting madness
Illustration of a pattern of leather office chairs.

Illustration: Brendan Lynch/Axios

 

The average executive in the U.S. spends 23 hours a week in meetings, up from 10 hours in the 1960s.

  • That's according to a recent study published in the MIT Sloan Management Review.

Why it matters: We're over-scheduled. Hours spent in meetings — many of which could be shortened or canceled entirely — are leaving little time to be productive and creative.

Driving the news: Corporate America's meeting madness intensified due to the pandemic, when many leaders responded to remote and hybrid work by adding check-ins and meetings to bring people together.

  • But video meetings can be even more tiring and tedious than in-person ones. And soon we became all too familiar with Zoom fatigue.
  • Since 2020, the time spent in Teams meetings increased by 252% and Zoom meetings increased by 3,300%, yet productivity levels saw the inverse effect, Axios' Eleanor Hawkins reports.

What's happening: Now, a number of companies are fighting meeting bloat and giving employees time back.

  • Shopify CEO Tobi LΓΌtke recently mandated a calendar purge that will eliminate more than 76,500 hours of corporate meetings.
  • The tobacco company Reynolds American Inc. had planned a 90-minute town hall to announce companywide restructuring plans, but decided to scrap the meeting and send around a 10-minute video instead, The Wall Street Journal notes.

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HCA Healthcare invests in nurses and physicians.

An example: As a significant sponsor of graduate medical education — and through partnerships with nursing schools across the country — HCA Healthcare increases access to education and advanced career development for clinicians.

Learn more.

 
 
πŸ‡¬πŸ‡· A map of family history
Photo courtesy of Dan P.

Finish Line reader Dan P. sent in this fabulous map:

  • "Actually quite rare and perhaps valuable, but not as precious as the thoughts it stirs in me."
  • "A map of Ancient Greece, circa 1858, gifted to me by a cousin from Aegina. I look at it and think of my grandparents, who came to the U.S. in 1915, from the Peloponnesus, and I know that I exist in this time and place because of them."
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