Multinational SMMPs: Think Globally, Act Locally
Instituting a strategic meeting management program in the U.S. is one thing; expanding it globally is quite another. Corporate travel and meeting buyers gathered May 7 to discuss challenges to multinational SMMPs at a panel discussion during the Association of Corporate Travel Executives’ Global Education Conference in Miami. About 100 attendees filled the room to hear the panelists’ key takeaways: that companies should expect challenges overseas in data discovery and country-specific market conditions, and that partnering with a multinational supplier can help to unify a meetings program across several countries.
Panelist George Odom, leader of travel and meeting services for pharmaceutical company Eli Lilly and Co., said his company began to roll out a formal preferred-hotel vendor list in Europe in 2004. Odom said it is important to adapt the company policy to fit local market conditions while keeping overall goals in mind.
"We're trying to make sure that everybody has the same purchasing practices. We're starting to share suppliers more. You have to be very flexible and keep it in a model that fits what you need from a corporate policy and procedure. They say 'think globally, and act locally,' and I think that really fits with meetings planning, especially in consolidation," Odom said.
Michelle Harper, global supplier manager for Santa Clara, Calif.–based Intel Corp. said her company expanded its meetings management programs into Europe and Asia at the end of 2002. "Our first goal was to have a truly global program, so we wanted to have one supplier that could meet 80 percent of our needs in Europe, Asia, and the U.S.," she said.
Getting the initial data on global meetings expenditures was difficult, Harper said, and the company went through each entry in its purchase-order system to find meetings-related spend. Though all organizations have a different definition of what a meeting is, Harper said that Intel excludes from its purchasing policies events related to branding and others with high-production values.
The concept of strategic meetings management is shifting in Europe from a focus on procurement to a new drive to measure the effectiveness of meeting content and return on investment, said Didier Scaillet, vice president of global development for Meeting Professionals International.
"We are rolling out, at the end of July, a strategic meetings management module that really looks at the two components. On one hand, there is what has been described as 'meetings consolidation,' which is the data, getting control of the spend, using a preferred-supplier program, and basically getting control over what your enterprise is spending within that area," Scaillet said.
The other component of the module, he said, is measuring meetings as a strategic communication tool. Both elements need to be part of a strategic management program, he said. "We've seen some corporations really starting in on the 'meetings effectiveness' element," he said.
Panelist David Holzer, director of meetings and events at American Express, said a growing number of customers are asking for multinational meeting services and products, including payment solutions in multiple currencies, consolidated spend data, Web-based tools for online reporting, and technology to automate logistical tasks.
"The bottom line is that these days companies that are growing their business globally are more aware than ever that they can't do so without a dedicated meetings management program," Holzer said.—Corrie Dosh
blog comments powered by Disqus
Want to use this article? Click here for options!
© 2008 Penton Media Inc.
Meetings Collaborative
Rate your experience with meeting venues and suppliers.
| Powered by: Meetings Collaborative | |
Advertisement
Advertisement
Apex Webinars
Creating Green-Meetings Standards
An industrywide effort to produce achievable, voluntary standards for greener meetings and events is under way. The Accepted Practices Exchange (APEX), an initiative of the Convention Industry Council, is working with the Environmental Protection Agency and ASTM International Standards to create baseline guidelines that both meeting managers and the hospitality community can embrace. Join us for a free webinar.
View it Now! | View APEX Archives
Webinars
What Meeting Planners Need to Know to Manage E-Meetings
Virtual meetings save time and money, get a thumbs-up from the “green” crowd, and offer new ways for companies and organizations to communicate, market, and sell. It’s time for meeting managers to start booking and managing them.
View it Now | View Archived Webinars
Advertisement
CVB Supplement 2008
The Changing Face of CVBs
Featuring:*Changing Face of CVB's
*CVB's Go Green
·Go to Digital Edition
















