Vyopta's research includes data from over
450,000 employees and 40 million meetings.
AUSTIN,
Texas, June 19, 2024 /PRNewswire/ -- Vyopta, the
global leader in digital collaboration and experience optimization,
announced today that it has released new research on
return-to-office trends and space utilization. Published yesterday
in a Harvard Business Review article titled "Hybrid
Work Has Changed Meetings Forever," the findings were generated
from over 40 million meetings spanning over 450,000 unique
employees. The data included two six-week snapshots from Q1 2022
and Q1 2023 from remote or hybrid meetings facilitated by online
platforms such as Microsoft Teams, Cisco Webex, or Zoom.
Vyopta works directly with companies to help them realize value
from their data. They routinely analyze global collaboration
metrics to establish benchmarks and identify significant trends.
This analysis reveals key trends in collaboration patterns and
identifies novel ways organizations can leverage collaboration data
to improve efficiency, engagement, and productivity.
Key takeaways from the analysis include:
- While many organizations implemented substantial
return-to-office policies over the past two to three years, the
volume of virtual meetings stayed the same even as in-office
meetings more than doubled.
- "No-participation" rates (staying on mute for the entirety of
the meeting) in small group meetings are increasing, costing
organizations millions. In 2023, the "no-participation" rate was
7.2% for small group meetings, up from 4.8% in 2022.
- Participants are enabling their cameras less often. This is the
first downward trend Vyopta has recorded for this metric since
early 2020.
- Both camera enablement and no-participation rates show strong
correlations with retention. Employees who would leave their
organization within one year of the sample period (attrition group)
enabled their cameras in 18.4% of small group meetings, compared to
32.5% for those who stayed (retention group).
"At Vyopta, we're committed to helping organizations harness the
power of their data to transform their meeting practices and
achieve sustainable success," said Alfredo
Ramirez, CEO and co-founder of Vyopta. "By understanding and
acting on collaboration metrics, we can enhance efficiency, boost
employee engagement, and ultimately drive better retention
rates."
After completing this analysis, Vyopta engaged with a small
group of its customers to define and implement practical
applications for collaboration data. After reviewing their data,
organizational leaders agreed that inefficient meetings are a
costly problem and that companies should provide direction on
meeting expectations to build a healthy and cost-effective meeting
culture. The Vyopta customer group identified the following
methods to improve the meeting culture within their
organizations:
- Treat meeting culture as an important part of company culture.
Determine best practices and define roles and
responsibilities.
- Identify the people who can make a difference and support them.
Offer training for meeting host "power users."
- Leverage data to validate and iterate.
- Provide executive visibility. Treat collaboration data as a
component of the broader business intelligence suite.
For companies willing to invest the effort, a data-driven
approach is critical for success. Hybrid work and how office space
is designed for in-person collaboration, solo work, and meetings
will continue to benefit from technology innovations and data
analysis. Organizations that leverage collaboration data will be at
a competitive advantage.
Related Vyopta Research:
- Vyopta Study Shows Significant Increase in 1:1 Meetings and the
Rise of Ad Hoc Collaboration
- Harvard Business Review, "No, Remote Employees Aren't Becoming
Less Engaged" by Andrew Brodsky and
Mike Tolliver
- Vyopta Survey Reveals 92% of Execs Don't See Long-Term Future
for Off-Camera Employees
- Out of Sight, Out of Mind: 77% of Execs Admit Remote Workers
are at a Disadvantage
About Vyopta Incorporated
Vyopta, the leader in
digital user experience management for collaboration, has helped
over 60 million people collaborate better. Its Technology Insights
and Space Insights applications have helped identify and address
over 9 million issues. Vyopta helps organizations deliver
exceptional collaboration user experiences and optimize their
technology and real estate investments. Hundreds of organizations
worldwide spanning 20+ industries use Vyopta. For more information:
https://www.vyopta.com/.
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SOURCE Vyopta Inc