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Podcast

Podcast EP 114 | CEOs Must Become Meeting Masters

June 13, 2022

We know that a car­pen­ter or a nurse have many tools to use in their pro­fes­sion. But a CEO has only one tool — meet­ings. So, if you’re a leader, it’s essen­tial that you mas­ter the only tool that’s at your disposal.

In this episode of the Growth Whis­per­ers pod­cast, Kevin Lawrence and Brad Giles are walk­ing you through some things to help you to become a meet­ing mas­ter. And break­ing it up into 3 cat­e­gories — how to pre­pare, how to host, and how to close off a meet­ing and get the val­ue from it.

The key is that peo­ple in dif­fer­ent pro­fes­sions have a lot of tools to do their work to make an impact to exe­cute what they need to achieve. But the CEO has only one thing — high­ly effec­tive meet­ings that get things done. 

EPISODE TRAN­SCRIPT

Please note that this episode was tran­scribed using an AI appli­ca­tion and may not be 100% gram­mat­i­cal­ly cor­rect – but it will still allow you to scan the episode for key content.

Brad Giles 00:13

Hi there, wel­come to the Growth Whis­per­ers where every­thing we talk about is build­ing endur­ing great busi­ness­es. My name is Brett Giles. And as always, today I’m joined by my co host, Kevin Lawrence, Kevin, how are you today?

Kevin Lawrence 00:25

I’m doing great, Brad.

Brad Giles 00:34

That’s good to hear. And so what do we have today? Today, we’ve got an inter­est­ing and per­haps con­tro­ver­sial sub­ject for some peo­ple. What are we talk­ing about here today, Kevin?

Kevin Lawrence 00:50

We’re talk­ing about how the CEO is a one trick pony. And basi­cal­ly, the CEO only has one tool at their dis­pos­al. And unfor­tu­nate­ly, it’s one that they often hate.

Brad Giles 01:08

Oh, yes. Yes, the CEO has only one tool. It’s an inter­est­ing con­cept. But when I’ve run it past CEOs, they’ve got­ten it and then said, Ah, that’s it’s so unfair. But it makes so much sense.

Kevin Lawrence 01:28

And it’s good before we dis­close this, because they did­n’t start their careers. I’m hop­ing I get to do this all day, every day. It’s on no one’s I can’t wait to list. It’s not like, I want to be an ice cream sam­pler. I want to be a car test dri­ver, or, you know, I want to build amaz­ing hous­es or, you know, spec­tac­u­lar devel­op­ments. This, this nev­er makes it on the list of aspi­ra­tions peo­ple have when they’re start­ing up.

Brad Giles 01:56

No. And for a lot of peo­ple, they walk out of a meet­ing say­ing, Oh, my God, what a waste of my time. A lot of peo­ple in any role, even the CEO role, they walk out and they go, what a waste of my time. And you and I’ve spo­ken about this before this sub­ject of meet­ings. But here’s the thing, spoil­er alert.

Kevin Lawrence 02:18

The one tool is meet­ings, just in case you haven’t caught on yet. And we’re talk­ing about how meet­ings is the only tool that’s what that’s the one trick pony.

Brad Giles 02:44

So we know that if, if you are a car­pen­ter, you’ve got what 50 or 100 or 150 tools in your tool chest. If you’re a brick­lay­er, you got 20, 30, 40 tools, if you’re an elec­tri­cian, you got 100 tools. The key is that a lot of peo­ple in dif­fer­ent pro­fes­sions or roles have a lot of tools to do their work, yes, to make an impact to exe­cute what they need to achieve. But the CEO has only one thing, and that is meet­ings. It is a meet­ings that they run, that gets things done. And their job is to get things done or to get oth­er peo­ple to get things done through meetings.

Kevin Lawrence 03:49

We’re like the car­pen­ter that only has a ham­mer. Yeah, that’s it. We’re a car­pen­ter that only has a ham­mer ver­sus all the vari­ety or rit­u­als you might think they have and well, if you’re gonna have a ham­mer, you bet­ter love it and bet­ter be damn good and cre­ative with it.

Brad Giles 04:10

There may be soft­ware that you might use, but it’s not real­ly a tool. It’s prob­a­bly some­one else’s tool, right. Yeah, machin­ery things. Yeah. machin­ery, prob­a­bly for oth­er peo­ple in the busi­ness to use not the CEO. Yeah.

Kevin Lawrence 04:30

So you know, there is some­thing we talked about in the episode last week, which is arguably anoth­er tool a CEO has which is think­ing right we did a whole episode 113, That’s all about think time and you might want to take a lis­ten to that as an oth­er it’s not real­ly a tool. It’s just a dis­ci­pline but this tool is the CEO and basi­cal­ly, most senior lead­ers only tool and a lot of peo­ple say when they get into their house all the time And com­pa­nies as they grow off, all they do well, I’m just in meet­ings all day long. Duh. That’s real­ly your job descrip­tion. For most exec­u­tives and peo­ple, they should have a bit of time to think­ing. But gen­er­al­ly, they’re meet­ing all day every day, unless they have time blocked off for think­ing or some­thing else that is like it’s real­ly as a senior exec or a CEO, you’re not sup­posed to, quote, do work, you’re sup­posed to review and debate oth­er peo­ple’s work. So it is the most impor­tant part of a CEOs job, it is almost the only tool. And what we real­ly want you to get today is yes, that’s the only tool I’m sor­ry, that’s all you got. And you should love meet­ings, and you should freak­ing hate them, too, huh. All meet­ings are not cre­at­ed equal. And you should learn to love some, the ones that are effec­tive and use them as tem­plates and mod­els for oth­ers. And you should hate the ones that are time wast­ing or drain­ing or inef­fec­tive, and then use those as cat­a­lysts to get them fixed. Because, you know, as com­pa­nies grow meet­ings become a prob­lem on a reg­u­lar basis. It inter­est­ing­ly, even with my own team today, I reworked with one of my team­mates, I like to col­lab­o­rate or week­ly meet­ing because it was get­ting stale, I could feel it. And we went and tweaked it. And we had a real­ly effec­tive, it was a notably bet­ter meet­ing today, because we’ve worked the agen­da for a while to make it tighter. So point being, you should love them. And you should hate them. And we’re going to walk you through some things to help you to be what we call a meet­ing mas­ter today. That’s what we’re going to dig into some things that real­ly main­tain mas­tery. You’re like a kung fu mas­ter, you can like kung fu your meet­ings? That sounds so cheesy. Yeah, it does kind of, we’re break­ing it up into three cat­e­gories. And the first one is the most impor­tant one. I think it’s the prep, how do you set up for a good meet­ing? Then how do you host a good meet­ing? And how do you close off and get the val­ue out. And just as a side note, so I’m prepar­ing for a two day strat plan­ning meet­ing a CEO said, Hey, I real­ly need your help. And I need some­one to come in and kick some bass and realign some things in our com­pa­ny. And as I’m not a patient per­son­al­i­ty, I kind of like projects, we have to real­ly come in and fair­ly quick­ly move through. But I’m going to come in and spend two days with this com­pa­ny, awe­some peo­ple and I know some of them from oth­er things in the past. I’ve already six or sev­en hours into under­stand­ing their sit­u­a­tion and just build­ing the agen­da. Yep, I got anoth­er three or four to get ready. So just for our strate­gic plan­ning meet­ing, which I have prob­a­bly run Brad 1000 of these meet­ings, at least a cou­ple of 1000. Yeah. You know, I’m already eight hours into prepa­ra­tion, a cou­ple of you know, and no deep research and a bunch of but just just just the prepa­ra­tion of the agen­da. It’ll be eight hours.

Brad Giles 08:15

Yeah, so no agen­da. No atten­da, right. That’s the blan­ket rule. If you’re not going to give an agen­da for a meet­ing, then don’t go. Here’s the worst thing when some­one walks into a meet­ing and sits down and says, So what are we going to talk about today?

Kevin Lawrence 08:30

Yeah, I don’t want to be in those meetings.

Brad Giles 08:33

See you lat­er. I’ve got oth­er things today, if you’re not going to come pre­pared, if the peo­ple aren’t going to come to pre­pare to the meet­ing, it’s prob­a­bly not going to be a good meet­ing. Okay, so you said before you got­ta learn to love them. You got to learn to hate them. I’m going to apply a dif­fer­ent lens to that, which is it’s a hell yes. Meet­ing or it’s a hell no meet­ing. Love it. And if peo­ple aren’t com­ing pre­pared, it’s prob­a­bly going to be a hell no meeting.

Kevin Lawrence 09:01

Because they’re more like­ly to waste your time and make it inef­fec­tive. Yes.

Brad Giles 09:05

And it’s so easy to do, espe­cial­ly when you’re not prepared.

Kevin Lawrence 09:11

Yep. And so as an exam­ple, today, one of the execs that we work with sent me a note, Kevin, I need clar­i­ty on this thing we’re imple­ment­ing. Here’s what it is. Here’s what I was­n’t sure of. Can we chat for a few min­utes? So we had an amaz­ing­ly effec­tive five minute meet­ing, because he had one ques­tion. He also had the head of HR sit­ting beside him. We went through it, but it was crys­tal clear what we’re cov­er­ing. And it was all so there’s so this goes into short and next one is short and long, the short and long. Have it set the min­i­mum time need­ed. Like I love a five minute meet­ing. And I think a lot of meet­ings can be han­dled in five min­utes like that. What I had today was an excel­lent five minute meet­ing and some­times Do you need a three hour meet­ing or a two or three day meet­ing, depend­ing on the top­ic, some­times you need a lot of debate and to work through things. So this is the art short enough tac­ti­cal­ly to get it done. And then some­times you need more time or a dif­fer­ent forum, when you’re real­ly good and debate and to get to some­thing core. That’s either a crit­i­cal deci­sion, or you need to get align­ment and buy in or some­thing else.

Brad Giles 10:22

Yeah, but you it’s a part of the agen­da, it’s a part of the prepa­ra­tion for the agen­da. If you’re not think­ing about the agen­da before­hand, you’re prob­a­bly not going to have a good meet­ing. And part of that think­ing and estab­lish­ing that agen­da is we need to have an hour to talk about that sub­ject. And to do it prop­er­ly, so that we can come up with the answers. And in terms of prep, one of the keys is that you’ve got to know what is the deci­sion that we need to make? Yes. Like, we’re going to have a meet­ing, not because we like meet­ing, because we need to make deci­sions, like what are the out­comes of this meet­ing that we’re going to get up to?

Kevin Lawrence 11:11

So the oth­er next one is that, you know, if it pos­si­ble, don’t have a meet­ing, like you don’t always need a meet­ing, you can chat with some­body for a cou­ple of min­utes, you can say, hey, this stick behind for a cou­ple of min­utes in the house, or, you know, send an email or what­ev­er it hap­pens to be in your cul­ture. But some­times you don’t need a meet­ing, you just need a quick call or, or a one on one conversation.

Brad Giles 11:34

Yeah. And think about the return on invest­ment for the atten­dees, you get five peo­ple in a meet­ing, or two or three of them not real­ly going to add any val­ue, and how much is each per­son going to cost each per­son it might cost 2, 3 or $400, for them to come in for an hour or two. And they’re going to be sit­ting around, they’re going to on four occa­sions, you know, say some­thing small like that, you’re not get­ting the ROI from those people.

Kevin Lawrence 12:01

And then there’s the oppor­tu­ni­ty cost because they can be doing oth­er high val­ue work. And they often slow down the meet­ing. The more peo­ple in the meet­ing, gen­er­al­ly, the longer it takes to get stuff sort­ed. And there’s a bal­ance there, right? Enough peo­ple to get the right deci­sion, but also enough to have enough align­ment and buy in to get it done. The oth­er thing to con­sid­er in these meet­ings, is know­ing who the deci­sion mak­er is. And a lot of peo­ple use like RACI. We did a pod­cast on RACI in the past, but respon­si­ble, account­able con­sult­ing informed, yeah, some­times there’s peo­ple that are on the informed list that want to be in a meet­ing. And that’s not a great use of time. So basi­cal­ly dis­ci­pline on curate the list.

Brad Giles 12:47

Okay, so next one is pre work or read­ing, often times, you can actu­al­ly have a more effec­tive meet­ing, if you send some­thing put some­one to read or to do. If you go to a board meet­ing, for exam­ple, you will be expect­ed to read the board pack before­hand, there’s no rea­son that should­n’t apply to anoth­er meet­ing in your orga­ni­za­tion that does­n’t need to be.

Kevin Lawrence 13:13

Except for the fact that it nor­mal­ly does­n’t work. Most com­pa­nies have, you know, that are you know, that I’ve seen that are in the dozens or, you know, hun­dreds of employ­ees don’t have that kind of oper­a­tional dis­ci­pline most to read the pre-read­ing. Some do. It’s you know, and so that’s why some com­pa­nies and I think it’s Bezos at Ama­zon, that they have a read­ing slot in the begin­ning of the meet­ing peo­ple write a four page memo, they read it in the meet­ing before they dis­cuss it. So hey, best case sce­nario. Have peo­ple read it in advance that is the best and most dis­ci­plined but you might need a plan B in case it does­n’t work in your culture.

Brad Giles 13:58

I’ll move on time­keep­ing, time­keep­ing, fin­ish, start on time fin­ish on time. Yes. Rou­tine will set you free if if your meet­ings aren’t going over. It’s not appro­pri­ate and you run­ning your poor­ly run­ning meetings.

Kevin Lawrence 14:21

Let’s move on to the sec­ond key point, I want to say one thing back on one note, though, even like it some peo­ple feel it’s rude to start a meet­ing before every­body’s there. Our team meet­ing which is Mon­days at 5pm Pacif­ic. I start does­n’t mat­ter who’s there who’s not, I don’t wait. Because if you wait next thing you know before you know what every­one knows you’re wait­ing and meet­ing starts at 5:05. You got a hold the dis­ci­pline and hold the standard.

Brad Giles 14:48

Yeah. You’ve only got one tool, if you’re the CEO start­ing on time means that that’s a dis­ci­pline to make that a more effec­tive tool. Okay. So that was the premise. And now we’re mov­ing to the host­ing or chair­ing of the meet­ing. Okay? So don’t just come togeth­er and talk. Okay. Well, who would have thought, right? So we want to the objec­tive of the meet­ing is to pro­duce deci­sions and actions. That’s why we come togeth­er no mat­ter what it is. So the begin­ning of the meet­ing we’re talk­ing about, you’ve got to have what we call the who, what, when, who is going to do what, by when only last week, I was talk­ing with a team that I work with, and I was say­ing, Well, are you doing what wins in your week­ly meet­ings? Or in those meet­ings? No, that might be a good idea.

Kevin Lawrence 15:45

We hear it all the time. Well, then what the hell are you doing? What are you doing? You just come into singing or chat­ting, you might as well go across the street to the cof­fee shop, and have a nice cap­puc­ci­no. If you’re talk­ing and you’re not record­ing deci­sions, like, what do you expect? Like it dri­ves me nuts. It does­n’t work.

Brad Giles 16:07

No, big and your frus­tra­tion is expressed? Because you know that it’s waste­ful. Right? It’s time that’s not effec­tive. And it’s wasteful.

Kevin Lawrence 16:21

That’s a very nice way to say it, it is not effec­tive, and it’s waste­ful. waste­ful, you’re so nice. I agree. And yes, it’s so you got­ta fol­low those. You got to cap­ture the actions. But at the next meet­ing, you’re say­ing you got to review them? Make sure the stuff got done. Yeah. And yeah, yeah, you got it. All right. And even like, again, sim­ple things, at the end of the meet­ing, review the actions that we’ve that have all been com­mit­ted to. And then some­one sends it out to every­one rel­e­vant. So for today, and our week­ly meet­ing, we do a pret­ty damn good job. We got some­one on our team and Jess and she, she cap­tured all the actions we reviewed today for a minute, she reviewed them. And then there’s an email that goes out because there’s peo­ple who aren’t at the meet­ing all the time. So then they get to see all the actions and the links to the stuff that we dis­cussed. That’s rel­e­vant, okay. Meet­ing con­duct is the next thing. Many com­pa­nies have con­duct for meet­ings or a set of rules, some peo­ple have a talk­ing stick or rais­ing of the hand, they have, they have cer­tain things to bring order to the chaos. So that helps a lot. And I rec­om­mend that to the top of the agen­da, and often reviewed, it’s kind of instead of Robert’s Rules of Order used in boards, it’s just, you know, our rules of order and how we work.

Brad Giles 17:39

One of the oth­er things is you got to fin­ish on time. I mean, I can remem­ber maybe 15 or 20 years ago, when I was in the Entre­pre­neurs Orga­ni­za­tion, the pres­i­dent at the time was the best at run­ning meet­ings I’d ever seen. And we would allo­cate one hour, he would start it on time, and it would fin­ish on time. Now that sounds like nor­mal, but at the time, I was just stunned because it was 58 min­utes past the hour. And then he would say, Okay, so we’ve got two min­utes left, what’s your clos­ing sum­maries and actions.

Kevin Lawrence 18:13

That as I get start­ed on time is one thing. fin­ish­ing on time, I have a lot of respect to peo­ple that can do it.

Brad Giles 18:21

It was classy, and that what it did is it gave great. It gave great respect to him as the chair to fol­low his agen­da, because we knew every time from then on, he fin­ished on time, and we could go into our next meetings.

Kevin Lawrence 18:40

Anoth­er thing is to use timers as a mech­a­nism to do that. And they use them in chess, and they use them in lots of oth­er envi­ron­ments, in sport, obvi­ous­ly. But I always have learned to use timers, espe­cial­ly more in the last few years, even dur­ing COVID and all these vir­tu­al meet­ings. So if it’s a 60 minute seg­ment on a meet­ing a debate in a big­ger strate­gic meet­ing, I set a timer for 40 with a 20 minute buffer, or if it’s a today we had one of our team mem­bers teach­ing stuff, it’s a 20 minute seg­ment, I set a timer for 18 min­utes and a two minute buffer shows there’s a warn­ing. So what­ev­er it is using timers is a key thing. Sec­ond­ly, is break­ing down dis­cus­sion slots. And again, for a lot of our strate­gic meet­ings, it’s longer dis­cus­sions, we’ll have an hour to talk about our pric­ing strat­e­gy. Well, if you leave it up to most exec­u­tives, they will just present for an hour. They can’t help them­selves. They got 47 slides they got from the con­sul­tant than they want to tell you a sto­ry but each one I rec­om­mend is it we say okay, you’ve got 10 min­utes to present the most impor­tant stuff or 20 max­i­mum and then a whole bunch of dis­cus­sion time so that it’s not all blah, blah blah, because the val­ue is the dis­cus­sion not so much the pre­sen­ta­tion. So what­ev­er it is timers para­me­ters are all that stuff.

Brad Giles 20:01

Next, some­one who’s writ­ing down the actions as we go through pret­ty self evi­dent. But if you’re writ­ing them down, then you can sum­ma­rize and peo­ple know that there’s an account­abil­i­ty loop that you can cre­ate and peo­ple can fol­low up with. And then the next one is man­ag­ing the traf­fic and the chaos. There’s always peo­ple who want to go off into a rab­bit hole. And it’s like, Oh, what about that? And then some­one, and oh my god, can I just speak off the record a lit­tle bit here. Yes­ter­day, I ran a work­shop, and there was some­one in there, I’m not going to say which work­shop or which team it was, or which per­son but every 10 min­utes, this indi­vid­ual would want to go off and just bring in a com­plete­ly ran­dom subject.

Kevin Lawrence 20:47

By the way, thanks, Jack. Um, let’s come down to the ques­tion at hand. Like, you have to learn how to, I don’t know the right word, but wres­tle the agen­da. And there’s those peo­ple that love to hear them­selves talk­ing. It’s just dri­ves me bonkers.

Brad Giles 21:03

Oh, I’m just I mean, I did all day yes­ter­day, I’ve been doing it for 15 years, right? I get it, I can han­dle these sit­u­a­tions, as you know, but there are peo­ple in as a CEO, if you’ve only got one tool, you’ve got to be able to rein those peo­ple back in you do quickly.

Kevin Lawrence 21:21

And so I’ve got some key phras­es, and I even do things like I will stand up. Which pull changes the ener­gy in the room? Yep, I’ll raise my stand. I’ll walk over to the per­son when you’re, you know, and put my hand on the shoul­der or some­thing, if that’s appro­pri­ate. All the phras­es, hey, two min­utes left, I would just in the mid­dle of them talk­ing. I will, like I did with you. How does that relate to the dis­cus­sion? Hey, back to the ques­tion I had, like I did. Hey, by the way, jack and jack, can you take that offline? I don’t think this is rel­e­vant to what we’re doing right now. Hey, and see us on the break. If you want some help. Oh, hey, let’s add that to the park­ing lot. Squir­rel. Ran­dom thought? Let’s write that down. Hey, well, and one of my favorites. Hey, can you just re say that in one sen­tence? Because you got one of these Ram­blers, and it might there’s prob­a­bly some­thing rel­e­vant in the point but no one’s lis­ten­ing any­more. Now, so some­how, you have to come back to the agen­da back to the agenda.

Brad Giles 22:24

Good. So can you say that one sen­tence? No, that’s, I would it would be remiss of me not to to hang stuff on you for that? Course. So I think that’s our key points. Real­ly, at the end, in terms of the sec­ond point, we’ve got the prep, the host­ing, and then we’ve got the clos­ing. So in clos­ing, like you want to do it on time. Okay. You want to clar­i­fy and repeat the who, what, when. So Jack, you’re going to have a report back to us this time next week on that new mar­ket­ing option? Or what­ev­er that is? And then so who’s going to do what by when? And then always bet­ter? How can we be more effec­tive next time? So if this was good meet­ing today, what can we do bet­ter next time con­tin­u­al­ly get­ting bet­ter and learn­ing as we move on?

Kevin Lawrence 23:21

Love­ly, can you say that in a sentence?

Brad Giles 23:28

Yes, the CEO has one tool, make sure that you’re a mas­ter of that tool.

Kevin Lawrence 23:34

Exact­ly. Pre­pare very, very well. When you’re host­ing it, active­ly run the meet­ing, you’re in the dri­ver’s seat, dri­ve the darn thing and deal with all the obsta­cles that come up. And then clos­ing, make sure you wrap up the meet­ing so peo­ple know what’s going to hap­pen, and ide­al­ly, some ideas to improve. So great chat, Brad, this is very impor­tant. So love them and hate them. Learn to love the good meet­ings, learn to hate the bad ones and do some­thing active­ly to elim­i­nate them. Last tech­nique, you know, one com­pa­ny came up with no meet­ing Fri­days, inter­est­ing­ly, to give peo­ple space to do oth­er things. And oth­er com­pa­nies have set the default to being 15 minute meet­ings, not an hour meet­ings. Oth­ers turned meet­ing rooms into standup rooms instead of sit down meet­ings because stand up meet­ings are faster than sit down meet­ings, end­less end­less ideas. So this has been the growth whis­per­ers thanks for lis­ten­ing to Brad and myself shar­ing what we learned from the great com­pa­nies that we get to work with on our own stud­ies. If you haven’t sub­scribed yet, hit that sub­scribe but­ton and we’re hap­py for you to give us a rat­ing espe­cial­ly if you enjoy the show. Go to YouTube for the video. You can see it if you want to see Brad and us talk­ing about these things for Brad and to sub­scribe to his awe­some newslet­ter which I read every week. Evo­lu­tion part​ners​.com​.au and for Kev­in’s sub­scribe to his newslet­ter that’s me at Lawrence and go​.com We both have lots of resources and we wish you a very good week and hope you have some awe­some meet­ings that you love.


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