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Importance of Daily Meetings

  • Writer: FAVKPO: FINANCE, ACCOUNTS, VALUATION
    FAVKPO: FINANCE, ACCOUNTS, VALUATION
  • Jun 30, 2023
  • 2 min read



Daily Meetings are an important part of any company. Daily meetings can help you get through the tasks that need to be done. This means that everyone is accountable for their tasks and that everyone is held accountable for their actions and work. They allow for discussion, problem-solving, and decision-making to take place in a concentrated span of time.


Strengthens the team’s concept of common goals

It’s easy to get wrapped up in your own tasks and lose sight of what your co-workers are doing all day, especially if you’re part of a distributed team. With a daily sync, team members are regularly reminded of what they’re working on as a group and can improve their workflows to meet shared goals.


Share perspectives quickly

Another reason that many companies use daily meetings is because they allow members to share ideas. For example, if you have a certain teammate who is very good with designing things from different perspectives, you want to make sure their ideas are brought up in the meeting as soon as possible.


Keep everyone in sync with current issues

If you want to successfully run your team, you need to keep everyone in sync with current issues, projects, and problems. For teams that move incredibly fast (such as agile development teams), daily meetings can help everyone keep a handle on what is going on.


Strengthen team collaboration and communication

Never forget the “three C’s” of standup meetings:

Camaraderie

Collaboration

Communication

When these meetings are conducted well, team members get the benefits of all three.

The face time, jokes, and shared experiences help everyone bond. When there’s a strong connection between team members, everyone will be more comfortable and inclined to communicate on tasks and projects.

This kind of teamwork also gets multiple eyes on projects and tasks — and helps everyone feel comfortable enough to offer assistance or solutions wherever they’re needed.


Transparent & quick help

As all are standing, watching each other and listening each other actively - if someone is facing some issue and other person knew solution - it’s easy for him/her to say I will help you with it. Also, such meetings bring transparency


among participants about who is doing what and when.


Captures valuable knowledge

A stand-up meeting will result in an increased rate of knowledge transfer between employees – meaning that the team overall has a wider and better understanding of the projects and tasks at hand.


Keep a regular time and place

Most stand-up meetings happen first thing in the morning, and this is often because that’s when the team are most energetic and ready for the day ahead. Stick to an exact time and location to make it a positive habit.

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