Wednesday, August 9, 2023

US companies are barreling towards a $1.8 trillion wall of maturing corporate debt | How Yellow’s Downfall Is Rippling Through the Economy | What It Takes to Run a Great Virtual Meeting

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What It Takes to Run a Great Virtual Meeting - Harvard Business Review   

Not being able to work together in the same room with colleagues may become a major challenge due to the coronavirus outbreak. To make virtual meetings work, you might need to adjust how your team conducts them. Prioritize video, but offer a dial-in option. Test the technology ahead of time and make sure faces can be seen. Follow general meeting best practices, such as having a clear objective and circulating an agenda. Minimize presentation length, use an icebreaker to get everyone talking, assign a facilitator, call on participants, and capture real-time feedback via polling systems to make sure all voices are heard.  Don’t be afraid to tackle tough issues. And remember to do a practice run while you’re still together. A small investment in preparedness now could have a huge impact if that time comes.

As companies scramble to protect employees from the spreading coronavirus with travel restrictions and remote work arrangements, there’s a distinct possibility that in-person meetings with teams, customers, or suppliers may be canceled for days — or potentially weeks.

Under the best of circumstances, as soon as one or two attendees “dial in” to any meeting, productivity starts to suffer.  There’s a long list of reasons. Attendees often interpret virtual meetings as a license to multi-task. Meeting organizers tend to be less careful with the purpose and design of the conversation. And it’s not uncommon for one or two attendees to dominate the discussion while others sit back and “tune out.”

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