I'd love that but we keep getting the only peripheral to the job, too busy to read anything and needs to be heard middle managers that come to these meetings. They're also the ones that book a room for an hour and get annoyed when the next meeting asks them to leave after 90 minutes.
We do ours while getting a cup of coffee or waiting for machines to boot or some other 'wasted' time. Cover all of the socialising and the office gossip and important details all in one 'meeting'.
In construction, they call it a toolbox meeting. Get the crew together at start of shift and make sure that everyone knows whats happening and what's required of them. I've found it works well when we're doing upgrades and large scale moves.