- If you are a CEO, if you are an executive or you are a business owner, chances are you have quite abit of meetings with your team. A meeting done right, Could be extremely powerful. It drives synergy, it drives alignment. It creates energy among a team and also improves communication. On the other hand, meetings done poorly, creates confusion among your team. It creates miscommunication. It actually lowers performance, or worse, it creates conflictwithin your organization. - All right, everybodyto the conference room. I don't care. Just get in here, right now! - It's fascinating to me that we spend so muchtime in meetings yet, we don't spend enough time thinking about how we could run more effective meetings. Today, I'm going toshare with you seven tips when it comes to runningeffective meetings. Now, these are lessons that we've learned the hard way in our organization. And we have tested. You will not believehow many different types of agendas and format and venue, I mean, you name it. We have tested a lot of them. Now, these are just my opinions but I would recommend you listen closely and test out some ofthese strategies next time when you run your meetings. And see if they make them more effective. Tip number one for runningeffective meeting is, eliminate them. Eliminate unnecessary meetings. - You are terminated. - Ask yourself this question, do we really need to havea meeting about this? Because it's very easy, oh, let's just call for a meeting. But could you get that done in an email? Could you do that through a message? Would it be more effective if you actually do a memo on it? And everybody gets that pieceof paper, gets that PDF. Now, within our organization, we do a weekly memo. We highlight certain members. We want to recognize certain members. We also talk about what is happening within our organization, or sometimes it could be a summary of what we talked about. A simple weekly memo willget a lot of messages across. It improves communication. Not every single time youhave to have a meeting. Now, it's not a big issue when you have a small team, five, 10 people, and let's call a meeting. But when you have 10, 20,30, 50, 80, 100 people, if every single time yougather that many people, you're wasting each other's time. Do I really need this personto be in this meeting? Or would their time be better spent on getting shit done anddoing something else? So, eliminate all thoseunnecessary meetings first, so what we have left are those meaningful, useful, practical, effective meetings. Meeting tip number two, different meetings requiredifferent strategies and structures. Within our organization, We have our quarterly meeting, we have our quarterly executive meeting, as well as our quarterly team meeting. Before COVID-19, we wouldhave as many team members gathered together in Vancouver, they would fly in andwe would have a meeting with the entire team every quarter. Usually it's onsite, sometimes it's offsite. With executive meeting, we usually do it week before. So, just all the C-suite executives, we get together usually for a full day, the week before thequarterly full team meeting. This is how we do it. Anything that we want to talk about, any initiatives that we wantto let the entire team know, we do that. So, quarterly. Now, these quarterly meetings, they are designed for team bonding. They are designed toimprove communication. They are designed to drive alignment. So, what makes it effective is, ask yourself, how do youget everybody involved? So it's not a one way communication. It is not a reporting thing. It is not an announcement thing, truly, is strategizing, brainstorming, but much more bonding. It is about the team getting together, getting to know each other. People that sometimes theymight not have a chance to talk to and meet each other, because as the companygets bigger, in this case, this department will getto meet that department. Oh, you know what? I saw you on Slack. We kind of talked but we've never met. This is the chance to do that, to strengthen that bondwithin the organization. - What? - Did we just become best friends? - Yeah. - Then we have our monthly meeting. What do we do during the monthly meeting? We review financial statements. We go through some of their KPIs, Key Performance Indicators. We review what it's working, what it's not working, what we should keep doing, what we should stop doing and what we could improve. That's what we do duringthe monthly meeting. Usually their anywhere from six hours, sometimes to a full day, depends on how many issues we have, we need to identify and solve. If you have different department, let's say IT, 

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