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July 2012

          Building a Business Case for Strategic
           Meetings Management Technology
The complex spend category of strategic meetings and events management                                                      Analyst Insight
encompasses 9% of the average organization’s total budget. Within the next                                                  Aberdeen’s Insights provide the
two years, that figure is expected to increase by nearly 20%, reinforcing the                                               analyst's perspective on the
need for organizations to leverage modern strategies for controlling                                                        research as drawn from an
spending on corporate events, driving visibility into several aspects of                                                    aggregated view of research
meetings management and ultimately driving more value out of strategic                                                      surveys, interviews, and
meetings and events. This Analyst Insight aims to assist organizations across                                               data analysis
the globe in building an effective business case for leveraging technology
within their strategic meetings management programs.

A Contemporary View of Meetings and Events
Management
Nearly 70% of organizations view strategic meetings management as a
moderate-to-high priority function, proving that an enterprise’s events have
a direct link in achieving corporate business goals and objectives. With a
significant chunk of organizational finances spent on this category, it is
incumbent on internal stakeholders to leverage modern strategies and
solutions to better control the multifaceted nature of this function. As
detailed in Figure 1 (below), there are myriad priorities for the average
organization in managing their strategic meetings and events.

Figure 1: Current Priorities for Strategic Meetings Management




                                                                    Source: Aberdeen Group, June 2012

This document is the result of primary research performed by Aberdeen Group. Aberdeen Group's methodologies provide for objective fact-based research and
represent the best analysis available at the time of publication. Unless otherwise noted, the entire contents of this publication are copyrighted by Aberdeen Group, Inc.
and may not be reproduced, distributed, archived, or transmitted in any form or by any means without prior written consent by Aberdeen Group, Inc.
Building a Business Case for Strategic Meetings Management Technology
Page 2




The majority of organizations (58%) view the reduction of costs and
improvement of cost savings as their top priority in 2012 for strategic
meetings management. This aspect comes as no significant surprise; with
finances allocated for corporate events expected to rise considerably over
the next two years, companies are focused on instituting strategies to
better control events-related spending.
Also on the radar of organizations this year in regards to meetings
management is the improvement of visibility into all facets of events             Best-in-Class Criteria
management (52%). As the meetings category has evolved over time,
                                                                                  The following aspects were used
companies are under pressure to maintain a proper level of visibility into
                                                                                  to determine Best-in-Class
not only spending, but also suppliers, marketing performance, attendee-           organizations in Aberdeen’s
related information, social media outreach and other significant factors          2012 Strategic Meetings
within the meetings and events management program.                                Management benchmark report,
                                                                                  with top-performers achieving
The Best-in-Class Strategic Meetings Management                                   impressive results in:
Program                                                                            Compliance to internal
                                                                                    events management policies
Top-performing enterprises in the Strategic Meetings Management research
study were noted for their superior performance across a series of key             Meetings and events spend
metrics within the meetings and events management space. Best-in-Class              under management
enterprises have driven:
                                                                                   Frequency of events meeting
       A 48% higher rate of compliance to internal meetings / events               or exceeding goals /
        management policies and guidelines than all other organizations             objectives

       A 44% higher rate of meetings and events spend under management            Frequency of meetings
                                                                                    executed on or below budget
       A 44% higher frequency of meetings and events meeting or
        exceeding goals and objectives, and;                                      Best-in-Class: Top 20% of
                                                                                  aggregate performance scorers
       A nearly 30% higher frequency of meetings and events executed on
        or below corporate budgets.                                               Industry Average: Middle 50% of
                                                                                  aggregate performance scorers
The Best-in-Class strategic meetings management program (SMMP) involves
                                                                                  Laggard: Bottom 30% of
a series of basic, intermediate and advanced attributes that span the scope
                                                                                  aggregate performance scorers
of social media, analytics / reporting, design / creative aspects and strategic
sourcing principles. However, the most crucial aspect of the Best-in-Class
SMMP is the technology core that links all of these processes and supports
efficient events management. As detailed in Figure 2, Best-in-Class
organizations are relying on a multitude of technology solutions to support
their SMMP.




© 2012 Aberdeen Group.                                                                    Telephone: 617 854 5200
www.aberdeen.com                                                                                Fax: 617 723 7897
Building a Business Case for Strategic Meetings Management Technology
Page 3




Figure 2: Best-in-Class Technology Attributes for Strategic
Meetings and Events Management




                                               Source: Aberdeen Group, June 2012

End-to-end strategic meetings management solutions, in place in 40% more
Best-in-Class organizations than all others, are the main technology offerings
leveraged by top-performing organizations. These systems present a fully-
automated platform that streamlines a variety of key meetings management
processes and aspects, such as:
       Registration and registration management
       Marketing and communications
       Social media support and outreach
       Analytical dashboards and real-time reporting
       Event-planning and on-site management
       Supplier network and supplier management
       Travel management
Linking back to the top current priority in meetings and events
management, it is interesting to note that Best-in-Class organizations, with
heavy reliance on end-to-end meetings management solutions, have driven
73% higher realized and implemented cost savings than all other companies.

SMM Technology: Challenges, Opportunities and
Outcomes
The following sections of this Analyst Insight will present a three-part
business case for implementing technology for strategic meetings
© 2012 Aberdeen Group.                                                             Telephone: 617 854 5200
www.aberdeen.com                                                                         Fax: 617 723 7897
Building a Business Case for Strategic Meetings Management Technology
Page 4




management. However, before tackling the complex nature of the business
case for making an educated decision in leveraging technology, let’s first
discuss the challenges, opportunities and outcomes in relation to strategic
meetings management technology.

Challenges
Similar to any technology decision, any organization will face some level of
scrutiny from the executive office when they present an intention to
purchase a new automated solution. In addition to this aspect, there are a
variety of challenges in SMM technology implementation:
       Business requirements. Will the new solution meet our complex
        requirements for meetings and events management?
       Integration. Is the new technology capable of integrating with
        existing systems, such as ERP, CRM, and expense management? Will
        we be able to access multi-dimensional data from the new system?
       Risks? Are there any inherent risks in implementing a new solution?
        Will the eventual rollout and implementation phases adversely affect
        the planning and development of events already on our corporate
        calendar?
       Technology lifecycle and financial alignment. What level of
        maintenance and corporate responsibility is required to support our
        SMMP over an extended period of time? Does this new solution
        align with our financial requirements for the future?

Opportunities
The implementation of strategic meetings management technology presents
the average organization with a series of opportunities for streamlining
processes related to events management and driving value from the
strategic meetings management program, as well as the following items:
       Spend optimization. Strategic meetings management technology
        can help program execs more effectively plan, develop and execute
        corporate meetings. This aspect can improve the optimization of
        meetings spending and ensure that the vast majority of events do
        not exceed corporate budgets.
       Higher quality meetings and events. With a technology
        solution enhancing and streamlining key processes (such as
        registration and development), the strategic meetings management
        program can devote more time to improving the attendee
        experience.
       Link to the next generation of events management. It’s no
        surprise that the “next generation” of strategic meetings
        management is directly linked to the utilization of technology.
        Aspects such as social media and mobile applications are critical in
        taking events management into the future.

© 2012 Aberdeen Group.                                                         Telephone: 617 854 5200
www.aberdeen.com                                                                     Fax: 617 723 7897
Building a Business Case for Strategic Meetings Management Technology
Page 5




Outcomes
Organizations that leverage strategic meetings management technology
experience a variety of benefits that are directly linked to leveraging these
solutions, including:
       Time and cost savings. Automation via technology solutions
        simplifies the attributes of the modern SMMP, including registration,
        sourcing / procurement, planning, expense management and
        marketing. This simplification will produce significant time savings
        due to the eradication of manual intervention, as well improve cost
        savings with automated supplier development.
       Improvement of event ROI. One major aspect of modern
        events management is the move to “engagement management” and
        looking to emotional aspects in addition to revenue gleaned from
        corporate meetings. Technology solutions can provide an
        automated platform for linking social media and attendee
        engagement processes and help SMMP execs track, measure and
        quantify the return-on-investment of meetings and events.
       Enhanced visibility into all facets of strategic meetings
        management. Visibility is a prime concern for any executive
        tasked with managing a high-profile spend category such as meetings
        / events. Strategic meetings management technology solutions
        provide dashboard and analytics for gaining valuable intelligence into
        myriad aspects of events management, including spending against
        budget, supplier performance, attendee profile information and ROI
        of events.

The Business Case, Part I: Benefits Unbound
The first item that needs to be considered in building a robust business case
for making a technology decision in regards to strategic meetings
management solutions is the level of performance improvement that
automation can bring to an organization. Aberdeen research has historically
linked utilization of strategic meetings management technology to significant
upticks in organizational performance.
Information culled from the Strategic Meetings Management dataset has
discovered that users of end-to-end strategic meetings and events
management solutions have achieved the following benefits:
       60% higher rate of realized and implemented cost savings than
        companies not currently utilizing end-to-end technology
       Nearly 40% higher rate of compliance to corporate policies and
        guidelines concerning meetings and events management
       35% higher frequency of events meeting or exceeding goals and
        objectives, and;
       Nearly 30% higher frequency of meetings / events executed on or
        below corporate budgets.
© 2012 Aberdeen Group.                                                           Telephone: 617 854 5200
www.aberdeen.com                                                                       Fax: 617 723 7897
Building a Business Case for Strategic Meetings Management Technology
Page 6




Utilization of end-to-end meetings management technology directly
alleviates the highest priorities within the modern organization’s purview of
corporate event management.

The Time Factor
Aberdeen research has also discovered that strategic meetings management
technology can assist in improving time savings in regards to processes
across the scope of the modern strategic meetings management program.
The following time savings have been achieved by organizations currently
leveraging technology:
       The average technology user saves 55% of productivity time in
        regards to reporting within events management. SMM technology
        solutions offer automated analytical dashboards that can provide any
        program executive with relevant intelligence in a quick manner.
       Technology users have achieved 43% time savings for budgeting for
        current and future events. End-to-end solutions can arm any SMMP
        with information that can be linked to the corporate office; this
        intelligence can then be utilized in financial forecasting, budgeting
        and planning (helping to optimize SMM spending within the content
        of organizational finances).
       Organizations currently leveraging SMM technology have achieved
        32% time savings in relation to managing travel and lodging logistics.
        Automated meetings management solutions integrate both event-
        and travel-related information into a single system and can help
        meeting planners better manage travel-booking processes (which, in
        turn, will improve compliance to corporate travel policies and
        guidelines).

The Business Case, Part II: Enablement of Specific
Events Management Capabilities and Competencies
Although the performance benefits that can be linked to technology
utilization are often the “headliners” of a business case, there must be a
clear path to those benefits via the enablement of core internal processes,
capabilities and competencies. As detailed in Figure 3, enterprises currently-
leveraging end-to-end strategic meetings management technology solutions
are much more likely than non-technology users to have specific attributes
in place within their SMMPs and events management programs.




© 2012 Aberdeen Group.                                                           Telephone: 617 854 5200
www.aberdeen.com                                                                       Fax: 617 723 7897
Building a Business Case for Strategic Meetings Management Technology
Page 7




Figure 3: Meetings Management Capabilities Enabled by
Technology




                                               Source: Aberdeen Group, June 2012

Organizations currently leveraging end-to-end SMM technology are enabled
with a series of core capabilities that support overall events management
objectives. Consistent sourcing processes (in place in 64% more technology
users than non-users) ensure that meeting and event planners leverage
existing and ideal supplier relationships to maximize cost savings (and keep
event costs down), while the ability to leverage attendee information for
future planning (in place in 74% more technology users) can assist in
boosting the value of forthcoming events through more effective agendas
based on attendee profile intelligence (as well as information culled from
post-event surveys and questionnaires).
The most critical of capabilities, however, revolves around the visibility
afforded to technology users:
       Technology users are 70% more likely to hold real-time visibility
        into an enterprise-wide calendar of events, which can give event
        planners and other stakeholders visibility into which locations are
        utilized and the timing of those events, helping to avoid scenarios
        that would cause overspending or schedule conflicts.
       Technology users are 76% more likely to hold real-time visibility
        into events spending against the corporate budget. With a large
        portion of enterprise finances allocated for meetings, it is crucial for

© 2012 Aberdeen Group.                                                             Telephone: 617 854 5200
www.aberdeen.com                                                                         Fax: 617 723 7897
Building a Business Case for Strategic Meetings Management Technology
Page 8




        organizations to evade events that are executed over budget. Also,
        this type of visibility can allow executives to alter future events
        based on current budgeting standing (reduce the number of days,
        scale back on entertainment, outright cancel meetings, etc.).
       Real-time visibility into strategic meetings management data (a
        capability in place in 76% more technology users than non-users)
        enables event planners and related stakeholders to understand the
        effectiveness of meetings, associated supplier information, the
        return-on-investment of events, and other next-generation
        attributes that can help drive more value out of corporate meetings.

The Business Case, Part III: Technology as a Link to the
“Future of Events Management”
The final aspect to the business case involves the link between technology
utilization and taking events management into the future. The strategic
meetings management category is continually evolving, and technology is
one means of carrying this function into the next generation.
Aberdeen research has found that users of end-to-end meetings
management technology are actively enabled with attributes within the
scope of social media, mobile applications and other next-generation
capabilities for contemporary events management:
       Technology users are 61% more likely than organizations without
        meetings technology to have abilities to persistently-engage
        audiences and attendees beyond simple registration. This aspect
        supports the new notion of “engagement management” and
        improves the attendee event experience.
       Technology users are 57% more likely than non-users to utilize
        mobile applications and portals to support the overall management
        of corporate meetings. Mobile apps can optimize agendas for
        attendees (based on profile information) and even assist event
        planners with on-site management aspects (such as communication
        with team members and status of specific items).
       Users of strategic meetings management technology are nearly 50%
        more likely than companies without technology to consistently
        leverage social media (such as Facebook and Twitter) to engage
        with attendees and support marketing initiatives (such as
        promotional activities).

Key Takeaways
This Analyst Insight study is meant to be utilized as a foundation for
organizations looking to build a business case for making a technology
decision in regards to meetings and events management. The following are
some key takeaways from this research study:


© 2012 Aberdeen Group.                                                         Telephone: 617 854 5200
www.aberdeen.com                                                                     Fax: 617 723 7897
Building a Business Case for Strategic Meetings Management Technology
Page 9




       The reduction of costs and improvement of cost savings are the top
        events management priorities for organizations in 2012
       Best-in-Class organizations, known for their prowess and
        performance across a series of key events management metrics, are
        heavily-leveraging end-to-end strategic meetings management
        technology offerings
       End-to-end technology enables a series of core meetings
        management capabilities and competencies, including real-time
        visibility and consistent sourcing processes, and;
       Users of end-to-end technology solutions are equipped to take
        meetings and events management into the future via social media
        and mobile attributes.

Research Methodology
Between May and June 2012, Aberdeen examined the use, the experiences,
and the intentions of more than 167 enterprises in a diverse set of
organizations in regards to meetings and events management. Responding
enterprises included the following:
       Job title: The research sample included respondents with the
        following job titles: manager (31%); director (23%); C-level (21%);
        EVP / VP / SVP (10%); and others.
       Department / function: The research sample included respondents
        from the following departments or functions: procurement and
        supply chain (21%); corporate management (18%); business
        development / sales (16%); meetings / events management or SMMP
        (13%); finance (10%); IT (6%); human resources (6%); operations
        (4%); and others.
       Industry: The research sample included respondents from the
        following industries: manufacturing (12%); finance (10%); education
        (7%); public sector (6%); telecommunications (5%); pharmaceutical
        manufacturing (5%); software (5%); and 25 others.
       Geography: The majority of respondents (63%) were from North
        America. Remaining respondents were from the EMEA (22%), Asia-
        Pacific (13%) and South / Central America (2%) regions.
       Company size: Thirty-five percent (35%) of respondents were from
        large enterprises (annual revenues above US $1 billion); 25% were
        from midsize enterprises (annual revenues between $50 million and
        $1 billion); and 40% of respondents were from small businesses
        (annual revenues of $50 million or less).
       Headcount: Forty-three percent (43%) of respondents were from
        large enterprises (headcount greater than 1,000 employees); 27%
        were from midsize enterprises (headcount between 100 and 999
        employees); and 30% of respondents were from small businesses
        (headcount between 1 and 99 employees).
© 2012 Aberdeen Group.                                                        Telephone: 617 854 5200
www.aberdeen.com                                                                    Fax: 617 723 7897
Building a Business Case for Strategic Meetings Management Technology
Page 10




                                             Related Research
 Strategic Meetings Management: A                            Strategic Meetings Management: The
 Handbook of Emerging Strategies for the                     Evolution of the Modern SMMP; April
 Next Generation of Meetings and Events                      2010
 Management; July 2012                                       Strategic Meetings Management: Save the
 Strategic Meetings Management: A View                       Date, Save Your Budget; August 2009
 into the Best-in-Class SMMP; June 2011
 Author: Christopher J. Dwyer, Senior Research Analyst, Global Supply
 Management (chris.dwyer@aberdeen.com)
For more than two decades, Aberdeen's research has been helping corporations worldwide become Best-in-Class.
Having benchmarked the performance of more than 644,000 companies, Aberdeen is uniquely positioned to provide
organizations with the facts that matter — the facts that enable companies to get ahead and drive results. That's why
our research is relied on by more than 2.5 million readers in over 40 countries, 90% of the Fortune 1,000, and 93% of
the Technology 500.
As a Harte-Hanks Company, Aberdeen’s research provides insight and analysis to the Harte-Hanks community of
local, regional, national and international marketing executives. Combined, we help our customers leverage the power
of insight to deliver innovative multichannel marketing programs that drive business-changing results. For additional
information, visit Aberdeen http://www.aberdeen.com or call (617) 854-5200, or to learn more about Harte-Hanks, call
(800) 456-9748 or go to http://www.harte-hanks.com.
This document is the result of primary research performed by Aberdeen Group. Aberdeen Group's methodologies
provide for objective fact-based research and represent the best analysis available at the time of publication. Unless
otherwise noted, the entire contents of this publication are copyrighted by Aberdeen Group, Inc. and may not be
reproduced, distributed, archived, or transmitted in any form or by any means without prior written consent by
Aberdeen Group, Inc. (2012a)

© 2012 Aberdeen Group.                                                                                                   Telephone: 617 854 5200
www.aberdeen.com                                                                                                               Fax: 617 723 7897

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Building a Business Case for Strategic Meetings Management Technology

  • 1. July 2012 Building a Business Case for Strategic Meetings Management Technology The complex spend category of strategic meetings and events management Analyst Insight encompasses 9% of the average organization’s total budget. Within the next Aberdeen’s Insights provide the two years, that figure is expected to increase by nearly 20%, reinforcing the analyst's perspective on the need for organizations to leverage modern strategies for controlling research as drawn from an spending on corporate events, driving visibility into several aspects of aggregated view of research meetings management and ultimately driving more value out of strategic surveys, interviews, and meetings and events. This Analyst Insight aims to assist organizations across data analysis the globe in building an effective business case for leveraging technology within their strategic meetings management programs. A Contemporary View of Meetings and Events Management Nearly 70% of organizations view strategic meetings management as a moderate-to-high priority function, proving that an enterprise’s events have a direct link in achieving corporate business goals and objectives. With a significant chunk of organizational finances spent on this category, it is incumbent on internal stakeholders to leverage modern strategies and solutions to better control the multifaceted nature of this function. As detailed in Figure 1 (below), there are myriad priorities for the average organization in managing their strategic meetings and events. Figure 1: Current Priorities for Strategic Meetings Management Source: Aberdeen Group, June 2012 This document is the result of primary research performed by Aberdeen Group. Aberdeen Group's methodologies provide for objective fact-based research and represent the best analysis available at the time of publication. Unless otherwise noted, the entire contents of this publication are copyrighted by Aberdeen Group, Inc. and may not be reproduced, distributed, archived, or transmitted in any form or by any means without prior written consent by Aberdeen Group, Inc.
  • 2. Building a Business Case for Strategic Meetings Management Technology Page 2 The majority of organizations (58%) view the reduction of costs and improvement of cost savings as their top priority in 2012 for strategic meetings management. This aspect comes as no significant surprise; with finances allocated for corporate events expected to rise considerably over the next two years, companies are focused on instituting strategies to better control events-related spending. Also on the radar of organizations this year in regards to meetings management is the improvement of visibility into all facets of events Best-in-Class Criteria management (52%). As the meetings category has evolved over time, The following aspects were used companies are under pressure to maintain a proper level of visibility into to determine Best-in-Class not only spending, but also suppliers, marketing performance, attendee- organizations in Aberdeen’s related information, social media outreach and other significant factors 2012 Strategic Meetings within the meetings and events management program. Management benchmark report, with top-performers achieving The Best-in-Class Strategic Meetings Management impressive results in: Program  Compliance to internal events management policies Top-performing enterprises in the Strategic Meetings Management research study were noted for their superior performance across a series of key  Meetings and events spend metrics within the meetings and events management space. Best-in-Class under management enterprises have driven:  Frequency of events meeting  A 48% higher rate of compliance to internal meetings / events or exceeding goals / management policies and guidelines than all other organizations objectives  A 44% higher rate of meetings and events spend under management  Frequency of meetings executed on or below budget  A 44% higher frequency of meetings and events meeting or exceeding goals and objectives, and; Best-in-Class: Top 20% of aggregate performance scorers  A nearly 30% higher frequency of meetings and events executed on or below corporate budgets. Industry Average: Middle 50% of aggregate performance scorers The Best-in-Class strategic meetings management program (SMMP) involves Laggard: Bottom 30% of a series of basic, intermediate and advanced attributes that span the scope aggregate performance scorers of social media, analytics / reporting, design / creative aspects and strategic sourcing principles. However, the most crucial aspect of the Best-in-Class SMMP is the technology core that links all of these processes and supports efficient events management. As detailed in Figure 2, Best-in-Class organizations are relying on a multitude of technology solutions to support their SMMP. © 2012 Aberdeen Group. Telephone: 617 854 5200 www.aberdeen.com Fax: 617 723 7897
  • 3. Building a Business Case for Strategic Meetings Management Technology Page 3 Figure 2: Best-in-Class Technology Attributes for Strategic Meetings and Events Management Source: Aberdeen Group, June 2012 End-to-end strategic meetings management solutions, in place in 40% more Best-in-Class organizations than all others, are the main technology offerings leveraged by top-performing organizations. These systems present a fully- automated platform that streamlines a variety of key meetings management processes and aspects, such as:  Registration and registration management  Marketing and communications  Social media support and outreach  Analytical dashboards and real-time reporting  Event-planning and on-site management  Supplier network and supplier management  Travel management Linking back to the top current priority in meetings and events management, it is interesting to note that Best-in-Class organizations, with heavy reliance on end-to-end meetings management solutions, have driven 73% higher realized and implemented cost savings than all other companies. SMM Technology: Challenges, Opportunities and Outcomes The following sections of this Analyst Insight will present a three-part business case for implementing technology for strategic meetings © 2012 Aberdeen Group. Telephone: 617 854 5200 www.aberdeen.com Fax: 617 723 7897
  • 4. Building a Business Case for Strategic Meetings Management Technology Page 4 management. However, before tackling the complex nature of the business case for making an educated decision in leveraging technology, let’s first discuss the challenges, opportunities and outcomes in relation to strategic meetings management technology. Challenges Similar to any technology decision, any organization will face some level of scrutiny from the executive office when they present an intention to purchase a new automated solution. In addition to this aspect, there are a variety of challenges in SMM technology implementation:  Business requirements. Will the new solution meet our complex requirements for meetings and events management?  Integration. Is the new technology capable of integrating with existing systems, such as ERP, CRM, and expense management? Will we be able to access multi-dimensional data from the new system?  Risks? Are there any inherent risks in implementing a new solution? Will the eventual rollout and implementation phases adversely affect the planning and development of events already on our corporate calendar?  Technology lifecycle and financial alignment. What level of maintenance and corporate responsibility is required to support our SMMP over an extended period of time? Does this new solution align with our financial requirements for the future? Opportunities The implementation of strategic meetings management technology presents the average organization with a series of opportunities for streamlining processes related to events management and driving value from the strategic meetings management program, as well as the following items:  Spend optimization. Strategic meetings management technology can help program execs more effectively plan, develop and execute corporate meetings. This aspect can improve the optimization of meetings spending and ensure that the vast majority of events do not exceed corporate budgets.  Higher quality meetings and events. With a technology solution enhancing and streamlining key processes (such as registration and development), the strategic meetings management program can devote more time to improving the attendee experience.  Link to the next generation of events management. It’s no surprise that the “next generation” of strategic meetings management is directly linked to the utilization of technology. Aspects such as social media and mobile applications are critical in taking events management into the future. © 2012 Aberdeen Group. Telephone: 617 854 5200 www.aberdeen.com Fax: 617 723 7897
  • 5. Building a Business Case for Strategic Meetings Management Technology Page 5 Outcomes Organizations that leverage strategic meetings management technology experience a variety of benefits that are directly linked to leveraging these solutions, including:  Time and cost savings. Automation via technology solutions simplifies the attributes of the modern SMMP, including registration, sourcing / procurement, planning, expense management and marketing. This simplification will produce significant time savings due to the eradication of manual intervention, as well improve cost savings with automated supplier development.  Improvement of event ROI. One major aspect of modern events management is the move to “engagement management” and looking to emotional aspects in addition to revenue gleaned from corporate meetings. Technology solutions can provide an automated platform for linking social media and attendee engagement processes and help SMMP execs track, measure and quantify the return-on-investment of meetings and events.  Enhanced visibility into all facets of strategic meetings management. Visibility is a prime concern for any executive tasked with managing a high-profile spend category such as meetings / events. Strategic meetings management technology solutions provide dashboard and analytics for gaining valuable intelligence into myriad aspects of events management, including spending against budget, supplier performance, attendee profile information and ROI of events. The Business Case, Part I: Benefits Unbound The first item that needs to be considered in building a robust business case for making a technology decision in regards to strategic meetings management solutions is the level of performance improvement that automation can bring to an organization. Aberdeen research has historically linked utilization of strategic meetings management technology to significant upticks in organizational performance. Information culled from the Strategic Meetings Management dataset has discovered that users of end-to-end strategic meetings and events management solutions have achieved the following benefits:  60% higher rate of realized and implemented cost savings than companies not currently utilizing end-to-end technology  Nearly 40% higher rate of compliance to corporate policies and guidelines concerning meetings and events management  35% higher frequency of events meeting or exceeding goals and objectives, and;  Nearly 30% higher frequency of meetings / events executed on or below corporate budgets. © 2012 Aberdeen Group. Telephone: 617 854 5200 www.aberdeen.com Fax: 617 723 7897
  • 6. Building a Business Case for Strategic Meetings Management Technology Page 6 Utilization of end-to-end meetings management technology directly alleviates the highest priorities within the modern organization’s purview of corporate event management. The Time Factor Aberdeen research has also discovered that strategic meetings management technology can assist in improving time savings in regards to processes across the scope of the modern strategic meetings management program. The following time savings have been achieved by organizations currently leveraging technology:  The average technology user saves 55% of productivity time in regards to reporting within events management. SMM technology solutions offer automated analytical dashboards that can provide any program executive with relevant intelligence in a quick manner.  Technology users have achieved 43% time savings for budgeting for current and future events. End-to-end solutions can arm any SMMP with information that can be linked to the corporate office; this intelligence can then be utilized in financial forecasting, budgeting and planning (helping to optimize SMM spending within the content of organizational finances).  Organizations currently leveraging SMM technology have achieved 32% time savings in relation to managing travel and lodging logistics. Automated meetings management solutions integrate both event- and travel-related information into a single system and can help meeting planners better manage travel-booking processes (which, in turn, will improve compliance to corporate travel policies and guidelines). The Business Case, Part II: Enablement of Specific Events Management Capabilities and Competencies Although the performance benefits that can be linked to technology utilization are often the “headliners” of a business case, there must be a clear path to those benefits via the enablement of core internal processes, capabilities and competencies. As detailed in Figure 3, enterprises currently- leveraging end-to-end strategic meetings management technology solutions are much more likely than non-technology users to have specific attributes in place within their SMMPs and events management programs. © 2012 Aberdeen Group. Telephone: 617 854 5200 www.aberdeen.com Fax: 617 723 7897
  • 7. Building a Business Case for Strategic Meetings Management Technology Page 7 Figure 3: Meetings Management Capabilities Enabled by Technology Source: Aberdeen Group, June 2012 Organizations currently leveraging end-to-end SMM technology are enabled with a series of core capabilities that support overall events management objectives. Consistent sourcing processes (in place in 64% more technology users than non-users) ensure that meeting and event planners leverage existing and ideal supplier relationships to maximize cost savings (and keep event costs down), while the ability to leverage attendee information for future planning (in place in 74% more technology users) can assist in boosting the value of forthcoming events through more effective agendas based on attendee profile intelligence (as well as information culled from post-event surveys and questionnaires). The most critical of capabilities, however, revolves around the visibility afforded to technology users:  Technology users are 70% more likely to hold real-time visibility into an enterprise-wide calendar of events, which can give event planners and other stakeholders visibility into which locations are utilized and the timing of those events, helping to avoid scenarios that would cause overspending or schedule conflicts.  Technology users are 76% more likely to hold real-time visibility into events spending against the corporate budget. With a large portion of enterprise finances allocated for meetings, it is crucial for © 2012 Aberdeen Group. Telephone: 617 854 5200 www.aberdeen.com Fax: 617 723 7897
  • 8. Building a Business Case for Strategic Meetings Management Technology Page 8 organizations to evade events that are executed over budget. Also, this type of visibility can allow executives to alter future events based on current budgeting standing (reduce the number of days, scale back on entertainment, outright cancel meetings, etc.).  Real-time visibility into strategic meetings management data (a capability in place in 76% more technology users than non-users) enables event planners and related stakeholders to understand the effectiveness of meetings, associated supplier information, the return-on-investment of events, and other next-generation attributes that can help drive more value out of corporate meetings. The Business Case, Part III: Technology as a Link to the “Future of Events Management” The final aspect to the business case involves the link between technology utilization and taking events management into the future. The strategic meetings management category is continually evolving, and technology is one means of carrying this function into the next generation. Aberdeen research has found that users of end-to-end meetings management technology are actively enabled with attributes within the scope of social media, mobile applications and other next-generation capabilities for contemporary events management:  Technology users are 61% more likely than organizations without meetings technology to have abilities to persistently-engage audiences and attendees beyond simple registration. This aspect supports the new notion of “engagement management” and improves the attendee event experience.  Technology users are 57% more likely than non-users to utilize mobile applications and portals to support the overall management of corporate meetings. Mobile apps can optimize agendas for attendees (based on profile information) and even assist event planners with on-site management aspects (such as communication with team members and status of specific items).  Users of strategic meetings management technology are nearly 50% more likely than companies without technology to consistently leverage social media (such as Facebook and Twitter) to engage with attendees and support marketing initiatives (such as promotional activities). Key Takeaways This Analyst Insight study is meant to be utilized as a foundation for organizations looking to build a business case for making a technology decision in regards to meetings and events management. The following are some key takeaways from this research study: © 2012 Aberdeen Group. Telephone: 617 854 5200 www.aberdeen.com Fax: 617 723 7897
  • 9. Building a Business Case for Strategic Meetings Management Technology Page 9  The reduction of costs and improvement of cost savings are the top events management priorities for organizations in 2012  Best-in-Class organizations, known for their prowess and performance across a series of key events management metrics, are heavily-leveraging end-to-end strategic meetings management technology offerings  End-to-end technology enables a series of core meetings management capabilities and competencies, including real-time visibility and consistent sourcing processes, and;  Users of end-to-end technology solutions are equipped to take meetings and events management into the future via social media and mobile attributes. Research Methodology Between May and June 2012, Aberdeen examined the use, the experiences, and the intentions of more than 167 enterprises in a diverse set of organizations in regards to meetings and events management. Responding enterprises included the following:  Job title: The research sample included respondents with the following job titles: manager (31%); director (23%); C-level (21%); EVP / VP / SVP (10%); and others.  Department / function: The research sample included respondents from the following departments or functions: procurement and supply chain (21%); corporate management (18%); business development / sales (16%); meetings / events management or SMMP (13%); finance (10%); IT (6%); human resources (6%); operations (4%); and others.  Industry: The research sample included respondents from the following industries: manufacturing (12%); finance (10%); education (7%); public sector (6%); telecommunications (5%); pharmaceutical manufacturing (5%); software (5%); and 25 others.  Geography: The majority of respondents (63%) were from North America. Remaining respondents were from the EMEA (22%), Asia- Pacific (13%) and South / Central America (2%) regions.  Company size: Thirty-five percent (35%) of respondents were from large enterprises (annual revenues above US $1 billion); 25% were from midsize enterprises (annual revenues between $50 million and $1 billion); and 40% of respondents were from small businesses (annual revenues of $50 million or less).  Headcount: Forty-three percent (43%) of respondents were from large enterprises (headcount greater than 1,000 employees); 27% were from midsize enterprises (headcount between 100 and 999 employees); and 30% of respondents were from small businesses (headcount between 1 and 99 employees). © 2012 Aberdeen Group. Telephone: 617 854 5200 www.aberdeen.com Fax: 617 723 7897
  • 10. Building a Business Case for Strategic Meetings Management Technology Page 10 Related Research Strategic Meetings Management: A Strategic Meetings Management: The Handbook of Emerging Strategies for the Evolution of the Modern SMMP; April Next Generation of Meetings and Events 2010 Management; July 2012 Strategic Meetings Management: Save the Strategic Meetings Management: A View Date, Save Your Budget; August 2009 into the Best-in-Class SMMP; June 2011 Author: Christopher J. Dwyer, Senior Research Analyst, Global Supply Management (chris.dwyer@aberdeen.com) For more than two decades, Aberdeen's research has been helping corporations worldwide become Best-in-Class. Having benchmarked the performance of more than 644,000 companies, Aberdeen is uniquely positioned to provide organizations with the facts that matter — the facts that enable companies to get ahead and drive results. That's why our research is relied on by more than 2.5 million readers in over 40 countries, 90% of the Fortune 1,000, and 93% of the Technology 500. As a Harte-Hanks Company, Aberdeen’s research provides insight and analysis to the Harte-Hanks community of local, regional, national and international marketing executives. Combined, we help our customers leverage the power of insight to deliver innovative multichannel marketing programs that drive business-changing results. For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 854-5200, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com. This document is the result of primary research performed by Aberdeen Group. Aberdeen Group's methodologies provide for objective fact-based research and represent the best analysis available at the time of publication. Unless otherwise noted, the entire contents of this publication are copyrighted by Aberdeen Group, Inc. and may not be reproduced, distributed, archived, or transmitted in any form or by any means without prior written consent by Aberdeen Group, Inc. (2012a) © 2012 Aberdeen Group. Telephone: 617 854 5200 www.aberdeen.com Fax: 617 723 7897