Besides saving time and money, teleconferences offer other rewards. For one thing, they can be recorded for further review. And they are flexible: Participants can be patched into a virtual meeting only when the discussion applies to their specific issues.

Why, then, isn't there more enthusiasm for them in the workplace?

According to Keith Ferrazzi, writing at the HBR Blog Network, it's because "virtual meetings are tricky to conduct. The primary challenge is keeping everyone engaged."

Lucky for us, his company, Ferrazzi Greenlight, has teamed with techno powerhouse Cisco to develop guidelines for creating teleconferences that participants actually enjoy attending.

Here are four key steps to take to ensure your virtual meetings run smoothly and keep participants engaged:

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