The above is a real life experience in one of the company I worked for. You can imagine what all the Engineers were thinking. Those meetings were couple of hours long, and really boring.
In the community based IRC meetings, it is generally the opposite. Many meetings I attend already use a ticketing system (like Trac) to track the meeting agenda, or even use something like Gobby to keep the agenda. Others can join the session, and edit the agenda as required.
We now have defined meeting agenda for CentOS Cloud SIG. Feel free to add items to the list which will be discussed in the next meeting. CentOS Cloud SIG (CCS) is a group of people coming together to focus on packaging and maintaining different FOSS based Private cloud infrastructure applications that one can install and run natively on CentOS.