One Board Meeting, £250,000 ($320K) and 100+ Days of Preparation: the Hidden Cost of Meetings

Board Intelligence and ICSA: The Governance Institute's Board Reporting Calculator research finds a single board meeting at a large listed company in a regulated sector typically costs about £250,000 (~$320K) and more than 100 days of preparation. Even small charities under £10M turnover devote 20-25 days and £4-5K per meeting. Directors allocate 3-4 hours to reading board papers irrespective of pack length, and ICSA/BI research finds most organisations judge their packs too long, insufficiently forward-looking and too operational — meaning organisations spend heavily on briefing processes that do not deliver decision value. The per-meeting price tag for the workshop's cost-of-the-hour argument.