This is an analysis (tongue - in - cheek) of a Harvard Business School Study on the work routine of CEOs who are always busy in their marathon of meetings.
THE OTHER day I was reading an article on: "What CEOs do", how they spend their working time. Obviously being a CEO spells the apogee and acme of 'success'. And this success story must be told and re-told ad nauseum till people get sick of it! Newspapers and news magazines will gloat over it, fawning readers will write about it, relatives and 'well wishers' (of the CEO) will boast about it.
But the interesting part of this breaking - news - story is that such CEOs are incapacitated. How and why? The newspaper that I read comes out with an anecdotal report. It seems 60% of their time goes in attending internal meetings of their Company. The rest is travel: Visiting offices of their Company abroad! Then planning: What will I do after retirement? The CEO position is leveraging the future! It is somewhat akin to Vice Chancellors lobbying for the sanctimonious post of a Governor after their tenure is over (At least in India). So why blame a poor CEO, he has after all worked his way to the 'top' position by dint of holding meetings isn't it? So the logic is simple: continue to have meetings, till you are sick of them and they are sick of you. Then you need respite, so travel but don't overwork. Remember, doctors warn you darkly of 'overworking'.
'Humble' officers like me also hold meetings. These meetings are 'minuted' "for the approval of the Competent Authority". But there is not much travel except of course to New Delhi! - The Capital and the Capitol!
Promoting the image of a CEO, that is promoting your own image, the ego brand type seems to be another past time. More than 15% of the time goes to meetings, internal meeting with Finance, Marketing, and HR etc. The devolution of work and 'power' is of cardinal importance. After all you are a CEO, how can you work: 'yourself'?
Meetings in the corporate world are a ubiquitous factor. Meetings, meetings everywhere like the proverbial water. I remember once, a colleague was admonishing a student who had called her on the mobile: "I am busy now, call me later. I'm in a meeting". Irate husbands who don't want to go home early to their nagging family tell their wives: "I'm in a meeting dear!"
And mind you, the examples I have quoted are from a Harvard Business School Study . . . oh, yes apparently Indian CEOs work 'harder' - the reason I think, is simple no one else works!