Executives at Wal-Mart kick off each weekend with a Saturday morning meeting in the auditorium of the company's Bentonville, Ark., campus. At the meeting, which is part pep rally, executives go over sales numbers, talk about merchandise, and have...
An incentive program needs to offer a minimum of 3 percent to 5 percent of each participant's annual compensation to get their attention. So an employee who earns $50,000 a year needs at least $1,500 to $3,000 in incentives to drive his or her...
AS MORE MEETING DEPARTMENTS move toward establishing strategic relationships with procurement, we tapped two purchasing industry leaders — Paul Novak, CEO of the Institute for Supply Management, and Dave Hannon, senior editor, Purchasing magazine ...
Convention bureaus have one basic problem: Many corporate planners aren't sure what they do. Here are some common misconceptions — followed by the facts — provided by the Destination Marketing Association International...
ABOUT 40 MEETING PROFESSIONALS teed off in May at the third annual Meet the Greens Invitational Golf Classic and Marketplace. Hosted by the Puerto Rico Convention Bureau, Sol Meliá Paradisus Puerto Rico, and the Westin Rio Mar Beach Golf Resort ...
Thanks, But No Thanks ...
A NEW STUDY from American Express, undertaken by Chicago-headquartered management consulting firm A.T. Kearney, shows that companies can save as much as 10 percent to 15 percent of their annual meeting spend by implementing a comprehensive...
LET'S GET IT STRAIGHT ...