{"id":554,"date":"2018-10-13T06:33:59","date_gmt":"2018-10-13T10:33:59","guid":{"rendered":"https:\/\/www.saudercpa.com\/blog\/?p=554"},"modified":"2018-10-13T15:55:49","modified_gmt":"2018-10-13T19:55:49","slug":"elite-entrepreneurial-business-meeting-traction","status":"publish","type":"post","link":"https:\/\/www.saudercpa.com\/blog\/2018\/10\/13\/elite-entrepreneurial-business-meeting-traction\/","title":{"rendered":"Elite (Entrepreneurial) Business Meeting Traction (Segment II)"},"content":{"rendered":"<p><em>Preface: Every business meeting planned, should advisedly begin with these two questions. First, what does this group have to meet about? And, secondly, who are the right people for this meeting?<\/em><\/p>\n<p><strong>Elite (Entrepreneurial) Business Meeting Traction (Segment II)<\/strong><\/p>\n<p><em>Credit: Donald J. Sauder, CPA, CVA<\/em><\/p>\n<p>Patrick Lencioni, president of the Table Group has this to say about the great meetings. <em>\u201cMeetings are the \u201clinchpin\u201d of everything,\u201d \u201cIf someone says you have an hour to investigate [research] a company, I wouldn\u2019t look at the balance sheet. [or cash flow statements] I\u2019d watch their executive team in a meeting for an hour. If they are clear and focused and have the board on the edge of their seats, I\u2019d say this is a good company worth investing in.\u201d Article: <\/em><u>Meetings: The Good, the Bad and the Ugly<\/u> from Knowledge @ Wharton.<\/p>\n<p>Interesting perspective, yes? Yet, very effective entrepreneur. If you want to\u00a0hear the iTunes your business meetings broadcast, this is likely how you can determine quickly if your business meetings is achieving the ultimate purpose, with the listeners hearing and departing the meeting acting with increased strategic objectives, i.e. gaining traction.<\/p>\n<p>There are numerous types of business meetings: \u201cretreat meetings,\u201d \u201cexecutive level meetings,\u201d or say \u201coperational or company meetings.\u201d Lencioni provides some key questions with regards to preparation for a [entrepreneurial] business meeting. First, what does this group have to meet about? And, secondly, who are the right people for this meeting?<\/p>\n<p>It helps to start with the Why? The objective of the meeting is a good starting point for who should be in the room. Why is this meeting necessary? Why does the group need to meet? Say, is the meeting to build teamwork cohesiveness, communicate information, develop strategic goals for the enterprise, train the team on new business processes or field processes, develop specific skills of the group, i.e. customer relations, new software, or field technologies, or is the meeting to simply gather information from field members and office staff?<\/p>\n<p><em>Once you have the right people in the room, the next question is: What is the purpose of the meeting? \u201cThat may sound pretty obvious,\u201d notes Lencioni, \u201cbut it\u2019s amazing how many times people come together and are not really clear about the purpose. One is to make a decision or have a discussion that will lead to a decision. Or is the purpose to give updates and share information? A lot of times people find themselves in a meeting where the primary purpose is to receive information, and that\u2019s a poor use of people\u2019s time. Those meetings can be easily dispensed with and can be an email instead that people read in their own time. The majority of meetings should be discussions that lead to decisions.\u201d Article <\/em><u>Meetings: The Good, the Bad and the Ugly<\/u> from Knowledge @ Wharton.<\/p>\n<p style=\"padding-left: 60px;\"><strong><em>&#8220;Recent research<\/em><em>\u00a0finds that the act of walking leads to increases in creative thinking. \u2026.Plenty of anecdotal evidence also suggests that walking meetings lead to more\u00a0<\/em><\/strong><em><strong>honest exchanges&#8230;&#8221;<\/strong> <\/em><\/p>\n<p>In the framework of the right people, can we challenge the continual table or desk and chair discussion, and consider in some instances HBR article: <u>How to Do Walking Meetings Right <\/u>from: Russel Clayton Christoper Thomas and Jack Smother.<\/p>\n<p><em>Fran is part of a growing trend known as walking meetings or \u201cwalk and talk\u2026..\u201d<\/em><\/p>\n<p><em>A walking meeting is simply that: a meeting that takes place during a walk instead of in an office, boardroom, or coffee shop where meetings are commonly held\u2026\u2026. Likewise, Melmed finds that merely holding some of her meetings while walking has given her the necessary \u201cunplugging\u201d time she needs in order to be an effective writer.<\/em><\/p>\n<p><em>Recent research<\/em><em>\u00a0finds that the act of walking leads to increases in creative thinking. \u2026.Plenty of anecdotal evidence also suggests that walking meetings lead to more\u00a0<\/em><em>honest exchanges with employees<\/em><em>\u00a0and are\u00a0<\/em><em>more productive<\/em><em>\u00a0than traditional sit-down meetings.<\/em><\/p>\n<p><em>Furthermore, Dr. Eytan believes walking meetings lead to better employee engagement by breaking down barriers between supervisor and subordinate or between coworkers. He sees the bonding achieved through walking meetings as a micro version of the bonding that can be experienced when coworkers travel together on business trips. <\/em><\/p>\n<p style=\"padding-left: 60px;\">\u00a0&#8220;&#8230;&#8230;<em><strong>if your [business]\u00a0team is clear and focused on how to proceed effectively after the (discussion) meeting, the time was invested well.&#8221;<\/strong><\/em><\/p>\n<p><em>To be sure, not all meetings are suitable for walking meetings (and not everyone is physically able to participate in walking meetings). Sometimes it is valuable to have materials or a whiteboard close at hand\u2026.The best candidates for walking meetings are ones where colleagues are conferring on decisions or exploring possible solutions. Indeed, in our survey, participants holding managerial and professional positions experienced more of a creativity boost from walking meetings than those in technical or administrative type jobs (though all categories realized some benefits).<\/em><\/p>\n<p>Reading a quote from\u00a0Edmond Mbiaka<em> \u201cThe habit of talking the talk has distracted many people from walking the walk\u201d<\/em> is too relevant to business meetings, because the appraisal value of the meetings, i.e. the discussion, will only be realized with the speed and achievement of the destination\u00a0from walking the talk on\u00a0implementation, e.g. if your business team is <em>clear and focused<\/em> on how to proceed effectively after the (discussion) meeting,\u00a0 the time was invested well.\u00a0You&#8217;ll walk out of that meeting and\u00a0be an <em>&#8220;elite&#8221;<\/em> business, as a result of the effective traction from the business\u00a0meeting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Preface: Every business meeting planned, should advisedly begin with these two questions. First, what does this group have to meet about? And, secondly, who are the right people for this meeting? Elite (Entrepreneurial) Business Meeting Traction (Segment II) Credit: Donald J. Sauder, CPA, CVA Patrick Lencioni, president of the Table Group has this to say &hellip; <a href=\"https:\/\/www.saudercpa.com\/blog\/2018\/10\/13\/elite-entrepreneurial-business-meeting-traction\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Elite (Entrepreneurial) Business Meeting Traction (Segment II)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.saudercpa.com\/blog\/wp-json\/wp\/v2\/posts\/554"}],"collection":[{"href":"https:\/\/www.saudercpa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saudercpa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saudercpa.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saudercpa.com\/blog\/wp-json\/wp\/v2\/comments?post=554"}],"version-history":[{"count":8,"href":"https:\/\/www.saudercpa.com\/blog\/wp-json\/wp\/v2\/posts\/554\/revisions"}],"predecessor-version":[{"id":562,"href":"https:\/\/www.saudercpa.com\/blog\/wp-json\/wp\/v2\/posts\/554\/revisions\/562"}],"wp:attachment":[{"href":"https:\/\/www.saudercpa.com\/blog\/wp-json\/wp\/v2\/media?parent=554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saudercpa.com\/blog\/wp-json\/wp\/v2\/categories?post=554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saudercpa.com\/blog\/wp-json\/wp\/v2\/tags?post=554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}