Action Insight | Written by ActionForex.com | Jul 25 07 08:53 GMT | Forex Daily Technical Report Dollar Rebounds ahead of Existing Home Sales Dollar rebounds against European majors today. A short term correction is at least due for the deeply oversold dollar. And, with the failure to take out some important medium term resistance against Euro and Sterling and break of near term support today, the correction could have just started. But it will depend on the reaction to today’s...
The Myth of The One Hour Meeting
July 25th, 2007
Were not big fans of meetings and neither is Jason of 37 Signals his post has received tons of comments on the«www.37signals.com»:
Its no mystery that were meeting averse, but heres another reason why we think meetings are toxic: Theres no such thing as the one-hour meeting.
If youre going to schedule a meeting that lasts one hour and invite 10 people to attend then its a ten-hour meeting, not a one-hour meeting. You are trading 10 hours of productivity for one hour of meeting time. And its probably more like 15 hours since there are mental switching costs associated with stopping what youre doing, going somewhere else to do something else, and then resuming what you were doing before.
Is it ever OK to trade 10-15 hours of productivity for one hour of meeting? Sometimes, sure, but its a heavy cost. Meetings are expensive when you think about the opportunity cost. On a pure cost basis, meetings can quickly become liabilities, not assets. So when you schedule that one-hour meeting for 10 people think about the 10-15 hours lost. Is it still worth it?
Im sure a few of our readers also read the Signal vs. Noise blog but I wanted to ask those who dont what they think. One of our friends likes doing 15 minute-and-under stand-up meetings. Is that better? Is it still worth having them? How do you keep meetings from eating up time, or do you? Do you have any suggestions about maximizing value and minimizing time of meetings?
« Motorists warned of delays as crowds flock to events
POLICE are warning motorists to expect long delays in East Lothian as two major events get underway this week. Thousands of people are expected to flock to Muirfield to see Nick Faldo and other big names in the Senior Open Golf Championship, which begins tomorrow. More crowds are expected on Saturday, as more than 13,500 people travel to the Museum of Flight’s annual air show at East Fortune, near North Berwick. Police and motoring organisations are advising people to allow extra...