The effectiveness of daily meetings depends upon two things: the context and the content.
Context
In some contexts, daily meetings are a necessity. For example, in an environment where the situation is changing by the hour, it is necessary to have a meeting at the beginning of every shift. For example: In a busy police station, at shift changeover, there is always a briefing, where the new shift is informed of the current events and things to watch out for.
In other contexts, where the situation is more static, a daily meeting would be superfluous. Don’t have meetings, for their own sake.
Content
Whether the meeting is effective is also dependent on its content. If the meeting is filled with poor content, then the meeting is rendered useless or even counterproductive. The meeting should contain only relevant, important, and accurate information. It should also be strictly limited, in scope. Poor meetings go on for too long and are full of irrelevant, trivial, inaccurate information.
In relation to meetings, there are four concepts to remember: relevant, important, accurate, limited.