The Business of Meetings

  • Meetings and their economic impact on Canada

    Many of you who know me know that I’ve been talking about meetings/conferences/events as being about business decisions, not hospitality in its truest form for at least five years. The definition of “hospitality”, according to Wikipedia, (www.wikipedia.org): Current usage: In the West today hospitality is rarely a matter of protection and survival, and is more associated with etiquette and entertainment. However, it still involves showing respect for one’s guests, providing for their needs, and treating them as equals. Cultures and…

  • Helping stakeholders see the big picture of meetings value

    Amid today’s challenging climate of economic uncertainty, more and more discussion about meetings and events is taking place in the corporate boardroom, where senior management teams are assessing the value those meetings bring to their business. For a professional meeting planner, knowing how to prove the value of tangible and intangible returns on a stakeholder’s investment is an enviable skill. Establishing the inherent value of meetings and how they tie in to corporate objectives is a critical component of the planning process, giving you the power to leverage that information with senior management and helping to justify their meetings investment.

  • 2013 global meetings outlook

    As we move towards the fourth quarter of 2012, it’s time to start looking forward and searching for trends in the meetings industry. Each year at AMI, we analyze and summarize what hoteliers, travel and meeting industry professionals are saying and doing. That, in addition to monitoring the economic indicators from around the world, assists us in forecasting and budgeting for the upcoming year’s meetings and events. Doing this has become an increasingly important value for our clients with the financial uncertainty over the last few years.

  • Investing in convention centres

    Every once in a while we see indignant news items about why investment in a convention centre is in the worst possible interests of a particular city. Although they may be from anywhere, they have a remarkably consistent formula: They are generally initiated in reaction to some kind of announcement, reported by local media who can always use some controversy, and often supported by sage comments from critics whose existence depends on them reliably having something bad to say about these kinds of investments.

  • The business case for sustainability at your events

    The research tracked 184 companies between 2003 and 2010 and identified seven key benefits that companies reported experiencing as a result of their Corporate Social Responsibility (CSR) initiatives. It was immediately apparent to me how this research could make an excellent basis for any meeting planner looking to promote change within their organization by incorporating sustainability and CSR to their events.

  • The value of the third-party meeting planner

    Meetings today remain one of the premier ways of delivering content to a group of stakeholders. Over time, these important business events have evolved into many forms of delivery – from the traditional face-to-face meeting to remote satellite meetings, webinars, virtual seminars, virtual tradeshows – but their function and purpose remains essentially intact.

  • MPI creating breakthrough sustainability leadership with association industry’s first Global Reporting Initiative™ event report

    Meeting Professionals International (MPI) and its Foundation is committed to thought leadership in corporate social responsibility (CSR) and sustainability efforts. In demonstration of that, MPI is setting the example for standards-based reporting that everyone in the industry – no matter how large or small the event – can use to benchmark their own reporting programs.

  • Seven tips for doing more with less

    Managing budgets – developing, tracking, and sticking to them – is a fundamental skill for planners and suppliers alike. They don’t seem that hard to develop; after all, most of us have a template or checklist that includes a line item for each of the disparate elements of a meeting. After that, it’s pretty much arithmetic: 100 breakfasts at $22 equals $2,200 plus plus plus. Where’s the challenge in that?

Venue & Supplier Profiles