Working in the eastern time zone for clients on the west coast has allowed me to find some ways to solve this problem.
The time difference is about a "half day", the one PG is describing here.
So if I schedule all of my meetings in the afternoon pacific time, I can get a full day of work done before calling into teleconferences.
So I wonder if some kind of staggered scheduling, like PG described in the essay, is the answer to this problem.