Millennials' expectations are different from the older generations'. Millennials grew up with highly involved parents coaching them, instant access online to grades, and thousands of texts with their friends.
I recently sat next to a successful Hollywood executive over dinner. He let it slip that he was oddly looking forward to the following day. "Why?" I inquired, imagining an impressive gathering of executives discussing a potential multi-million dollar deal. I couldn't have been more wrong.
Just as your arteries bring life-giving blood to all parts of your body, so too does your meeting system channel the communication of ideas, solutions, decisions, and so on, that enable your business to run.
For most of us it is obvious that knowing how long the average person works every day has little to do with how efficient or productive that pattern is. At least, that is what I personally found for my own productivity. So what's the the right hourly rate?