Sep 03
The meeting world is changing. You, as a planner, already know that. “Destination” doesn’t just mean where people are traveling, it also means where the industry and your business are going. It means where your client’s business is going. It means where the economy is going.
This brings to light the fact that everything is moving, everything is changing, and all things move through time whether they want to or not. Where they go is largely up to us. This means you are making decisions on where your business goes daily, but others’ opinions and decisions affect those decisions. Continue reading »
Tagged with: Backseat • Business Owner • Control • Economy • Humanitarian Missions • Inevitable Change • Initiatives • Making Decisions • Matter Of Fact • Meetings Industry • Minimal Impact • Moving • Own Business • Social Responsibility
Aug 03
Recent research suggests that people making retail purchases are examining their expenditure more closely before making decisions. In other words, there is a lot less of the willy-nilly cash throwing that the upper-middle class to the wealthy had been guilty of for so many years during the height of their prosperity. Now these same people are looking for better value and asking themselves if they really need this or that. And now, this research shows, they are happier as well.
What this means to meeting planners and their business is not so much that you will have less of it–although that could happen and may be happening now–but that you will have to focus your attention on value as well. This focus will, of course, be on the client’s behalf, so you may end up working a little harder to bring home your bacon. Continue reading »
Tagged with: Bacon • Business Travel • Company C • Corporate Travel • Cutback • Cutting • Excesses • Focus • Lot • Loyalty • Making Decisions • Meeting Planners • Own Business • People • Philosophy • Prosperity • Retail Purchases • Suggestion • Upper Middle Class • What This Means
