Business

Objectives of Meeting

Objectives of Meeting

Objectives of Meeting

Meeting is an assembly of people where matters are put forwarded, discussed, and resolved. Through meeting, complex issues of organizations are solved. With the gradual expansion of organizational scope and activities, the necessity of meeting is also increasing. In general, meetings are arranged to attain the following objectives:

To inform: Meetings are arranged to inform various issues of the organization to its participants. When meetings are arranged for this purpose, information flows in one-way direction from speaker to the audiences.

To negotiate: Sleeting is also aimed at making negotiations with inside and outside parties. Here two-way flow of discussion occurs. For example, meeting between owner and trade union leaden may be arranged to make a negotiation.

To solve problems: Meetings are commonly arranged to solve complex and critical problems of organizations. Since meeting is an assembly people having diverse skills and experience, the participants can thoroughly examine the problem at hand and indicate the possible solutions.

To make decisions: Meeting is also arranged to take decisions regarding various routine and non-routine business affairs through the participation of the concerned members.

To resolve conflict: In organizational life, conflict is a common phenomenon. Conflict may have negative impact on the organization if it is not settled in due time. Meeting among the conflicting parties provides them with an opportunity to come in a common understanding.

To interact with external stakeholders: Meetings are also arranged to exchange information and interact with the external stakeholders like customers, suppliers, distributors, investors, general community etc. This kind of interaction is required for organizational existence.

To abide by legal bindings: Organizations require arranging various meetings to abide by the various legal. For example, every Public Limited Company mandatorily requires arranging Statutory Meeting within 180 days from getting certificate of commencement. Annual General Meeting in every financial year, Board Meeting after a certain interval etc.