> daily company-wise “standup” with 70 people that averages 5-10 minutes.
That sounds horrible. Even if half of the people have something to say, that's about 15 seconds per person. Beyond saying, hi, I'm here, I'm not sure what else can be accomplished. It sounds more like a daily pep talk by the leaders to the whole company.
Office standups where I work are of the form: New faces, helps, interestings and events. It's not the same as a team standup. You can get through both in 20 minutes flat.
That sounds horrible. Even if half of the people have something to say, that's about 15 seconds per person. Beyond saying, hi, I'm here, I'm not sure what else can be accomplished. It sounds more like a daily pep talk by the leaders to the whole company.