Here's Why A Former PayPal Exec Absolutely Hates Meetings
According to an interesting Quora post, Sacks hated meetings while he was leading PayPal. Former senior executive Keith Rabois wrote that Sacks was skeptical of any meeting that included more than three or four people. He would randomly pop in on meetings, and immediately shut them down if he decided that they seemed inefficient. PayPal's annual review forms in 2002 even rated employees on whether they avoided "imposing on others' time, e.g. scheduling unnecessary meetings."
Why did Sacks despite meetings? Luckily, he explains his reasoning in yet another Quora thread.
Email culture is vastly superior to meeting culture, Sacks believes, because people can make progress on dozens of issues simultaneously by email in the time it would take simply to organize their schedules for a single meeting. The quality of decisions made from emails are also better because there's no arbitrary "end time" - people can respond when they're ready, while pulling in additional people and information if needed.
He writes that large meetings also hint at underlying organizational problems. By popping in on meetings occasionally, he got a better understanding of how the company was organized, and what its weaknesses might be. "If a dozen people from product, marketing, sales, etc., are meeting to hash out international issues on a frequent basis, perhaps it's time to create an international team dedicated to solving these problems," Sacks writes. "I got a feel for refinements that we should make to the org chart, such as adding new teams to cover unmet needs or re-defining roles to avoid overlaps in job responsibilities."
You can read his full post here.
- 2 states where home prices are falling because there are too many houses and not enough buyers
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market