Monday, June 11, 2012

Strategic Meetings Management Programs: Our Journey

It is not because things are difficult that we do not dare, it is because we do not dare that things are difficult.”
  - Seneca

Today I had the great pleasure of speaking at the PCMA Education Conference on the topic of Strategic Meetings Management with Kevin Iwamoto, VP of Enterprise Strategy for Active Networks. Kevin is a person I would call "the father of strategic meetings management," and it was an honor to share the stage with him. 

Myself? Well I have about a solid month of strategic meetings management experience (plus 5 years of on-again, off-again research on the subject!)

My company began exploring an SMMP about 5 years ago, in partnership with our Travel Procurement team. That first attempt at an RFP resulted in so many requirements and wishlist items that the final printed file comparing responses was a 6 foot by 7 foot Excel spreadsheet! Completely incomprehensible, overwhelming, and was actually laughed at and put in the storage closet. 

So I made a friend in the procurement department and we began to exchange war stories. Together, we had informational sessions with a number of SMMP providers, and we explored from more of an RFI point of view, rather than an RFP. We even lightly and non-contractually partnered with a company that could act as an SMMP resource for teams to leverage if they needed event venue sourcing support. 

A few procurement directors and event marketing directors later, we tried it again, but couldn't get any traction with leadership at all.  

Finally, last year our company launched a savings initiative, seeking ideas from leaders within the company on how we can save money by doing simple things. My procurement team and I submitted the idea that we can save over $2M annually by implementing an SMMP (knowing full well that other companies our size have saved upwards of $10M by implementing programs like this!).

We dusted off our RFI and RFP responses and began to evaluate what we really wanted out of this program. By bringing us back to the objectives for the program (tracking meetings spend, mitigating contract risk, etc.), we were able to identify the true benefits of the program and what was really important to the company. While the first 4 RFPs were led and directed by procurement, this last one was supported by procurement with the event team writing the RFP document and evaluating the responses. Procurement managed the RFP process, scheduling, and support of the respondents. 
 
We determined that we did not have the funding to implement a fully-scoped SMMP at first, but allowed competitors with technology solutions to bid anyway to get a full understanding of the possibilities and what a full program could look like for us in the future. We knew that we needed to land on a solution that would be covered with commission-able rates. 

As we rolled out the program, we got three consistent responses from team members: 
1) They were concerned that we were forcing them to select the cheapest property – which is by no means the case. This process is simply to get competitive bids. Full control lies with the event manager to determine which property they wish to use. 
2) Event managers claimed that it’s faster to just call their national rep or local hotel contact, rather than fill out a form and wait on our SMMP to get back to them. As they’ve starting using the SMMP, though, they find that a 5-minute form and 10 minute conversation with their SMMP rep is much better than leaving 3 voicemails with their hotel contact and negotiating concessions on their own! 
3) Our APJ team has some team members who firmly believe they will get better pricing going direct. We have not fully rolled this out yet in the region, so we will continue to operate in pilot mode this year as we determine what the realities are in the region. 

The event team had concerns about moving to an SMMP for fear that they could no longer use some of the event management agencies they are comfortable with on large-scale programs. We agreed that any large program where the event management agency would use commission-able rates to lower their fees could continue to be used. If, however, the team was going to hire an agency specifically for a venue search, they should use the SMMP.

Knowing that this would be a giant change for our teams, we agreed with our SMMP provider that we would take year one and operate as a pilot program. We have monthly check-ins with team members to discuss bumps and bruises and get our program working smoothly. Once the 1-year pilot ends, we will evaluate together the results of the program and determine if it is beneficial to continue with an official 2-year agreement. 

We agreed to roll out the program in the US and EMEA, and roll out to APJ and LatAm later in the year. However, the APJ and LatAm teams were excited to try out the program and have begun leveraging the SMMP already as well.
 
We have worked hand-in-hand with procurement to draft policies, review addendums, write blog posts, send corporate-wide emails, and craft a newsletter to keep everyone informed of the program, the available venues where cancellations have happened, and hot dates and rates from our SMMP. The Event marketing team has taken the lead on rolling out training to the corporate admins, and the procurement team continues to be involved as the program involves. 

We’ve had the program rolled out for about a month now (48 programs are in process with a handful having been contracted) and are already seeing an average 10% savings off of the catering-only events, and 20% off the events with room blocks that have been contracted through the program. 

With the savings, event owners are able to show higher ROI from revenue generated from their customer-facing events, or are able to use the money saved for more strategic investments like speaker fees or marcom collateral.

Event managers are thrilled to not have to worry about contract clauses and concession negotiations.  And even more thrilled to not have to wait on legal and procurement to review contracts! 

From a procurement standpoint, by tracking our meeting and event venue usage, we are able to drive more business to our preferred hotel brands and thus negotiate even better corporate rates for the future based on volume. We are also able to have great conversations with A/V companies in these properties to drive those costs lower on volume, as well. 

By reducing the logistical costs of the events for customer-facing activities, we will increase the total income earned from the converted revenue, while not reducing the attendee experience in any way. 

If your company is exploring a strategic meetings management program, I highly recommend picking up Kevin's book from Amazon as step number 1!

Step number 2 is to develop perseverance. You  will try to launch a program. It will fail. You may try again unsuccessfully. You might even give up for a while. But keep at it! Eventually, the stars will align and you will have the right leadership in place to support your goals. 


Step 3 is to develop the right partnerships between marketing and procurement. Get the right people on board to help each other, develop relationships that are open enough to allow honest conversations about problems and outcomes. 


Step 4: go forth and conquer. It won't be easy. But it will be worth it.


 
 

 





Friday, June 1, 2012

Lifelong learning

Don't just learn the tricks of the trade. Learn the trade.
   - James Bennis 

In the never-ending season of budget cutbacks and layoffs, it's harder and harder to justify attending educational industry conferences - especially for corporate meeting planners. But if you have truly selected event marketing as a career path, and not just a job, you must find ways to stay relevant and keep learning your trade.

Personally, I get to pick one event industry conference per year that my company will cover, and I must do any others on my own dime. However, I find the content, networking, and environment so inspiring that I make sure I do attend more than one per year.

This year, I have the added benefit of getting to present at two of them! On June 11th, I'll be at PCMA in San Antonio talking about Strategic Meetings Management Programs, and July 15-17, I'll be at CEMA Summit in San Diego talking about the New Realities of Branded Conferences, as well as presenting a session on Social Media 101 for event managers.

But attending conferences outside of my own profession is highly inspirational, as well. I love going to corporate events that my company attends to take in and explore ideas (not just focus on making sure my booth setup is going well). I truly enjoyed the "Study Tours" of Oracle Open World and Dreamforce that CEMA hosted last year. And I'm very sad that I missed the one for SAP Sapphire - I REALLY wanted to see that one!

In March of this year, I spent a little time at SXSW, Austin's famous Interactive, Film, and Music festival, taking in the buzz, plugging into the socialsphere, and absorbing the creativity.

A few weeks ago I had the pleasure of attending the Word of Mouth Marketing Crash Course in Austin, an event I highly recommend to all event marketers who have an interest in social media and guerrilla marketing.

What other not-exactly-event-marketing conferences inspire you?

Thursday, May 10, 2012

The importance of events in pre-commerce

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When you put yourself in the customers shoes and begin your dialog from there, an immediate connection develops that stems beyond basic commerce and encourages loyalty.
   - Steve Maraboli

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I had the pleasure of attending the Word of Mouth Crash Course yesterday in Austin, Texas, and enjoyed every single session I went to… Truly rare at a conference! While some of the conference logistics could be improved, the content was well curated to provide really sharp speakers with really interesting case studies and points of view. 
The content primarily centered on word of mouth marketing and the social media tools that amplify it, creating customer advocates, and using behavioral analytics to provide better customer experiences.
One of the great sessions I attended was a fireside chat with Bob Pearson, a former colleague at Dell, and author of Pre-Commerce: How Companies and Customers are Transforming Business Together. Did you know that only 1% of a consumer’s time is actually spent purchasing something online? 99% is spent researching, exploring, talking, evaluating, and engaging in other pre-purchase activities. And today, 3 out of 4 people look to their peers before making any purchase decision.
Events are huge part of pre-commerce. By bringing together like-minded customers and potential customers, you give them the opportunity to research, explore, touch and feel your brand, products, and solutions, and provide an outlet for them to talk to their peers about their options.
It’s important that your brand advocates are at your events to provide the customer voice that your prospects are seeking. While you probably already provide comp passes to your potential customers, be sure to keep some comps for your great retention accounts, too. The more you can have customer brand ambassadors speaking at your events and networking with your potential customers, the more word of mouth can influence purchase decisions on that coveted peer-to-peer level. 

 

Monday, April 2, 2012

Why offsites are imperative

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Fun is good.
   - Dr. Seuss


It takes a certain type of person to love event marketing. You have to thrive on tight deadlines, chaos, ambiguity, and late nights. You have to have a family who can support your travel, your need to be connected at weird times and in weird places. You have to want to be a workaholic.

And it takes a certain type of company to invest in these kinds of people. I’m not talking about salaries or massages or even vacation time. I’m talking about offsites. And again, I don’t mean scavenger hunts or movies with the team. I mean real, meaningful time together with the team to talk, share, laugh, think, plan, and gear up for the future.

During my time as a manager of a team of 18, I made it a point to hold an offsite every quarter. Yes, it’s a day or two out of the office which is a huge challenge for most people. Yes, it cost $500 or so ($25/pp). But YES, it is worth it.
My formula for a successful offsite is simple:
  • Spend a little money on an excellent facilitator; I hire two improv comedy instructors to lead us in creative thinking games and help get us through the day with levity and skill
  • Plan problems that need to be solved
  • Give groups time to solve the problems and present to the other groups   
  •  Intersperse the right meaningful activities for some fun and to get everyone’s juices flowing

Feedback from these offsites has been tremendous! Not only do we get a few hours to get our heads out of email and thinking about the future, but we get to play. Remember the FISH! guys from Seattle? They totally had it right – making sure your team gets a chance to play together while actually solving real-life problems produces AMAZING results.
Try it sometime! And let me know if you need a GREAT facilitator. I know a couple. :-)

Monday, March 12, 2012

Top 5 event things I'm ready to see evolve

All evolution in thought and conduct must at first appear as heresy and misconduct.
 - George Bernard Shaw 

5) Registration websites: you know me, you know my company. Why do I have to fill out the same information again?

4) Registration lines: They are the first impression of a conference. Why are they so hard to get right? Why do I have to wait so long, only to get something I then have to go into a corner alone to read and figure out what to do next next?

3) Plates and cups and not enough places to put them: The conference grab-and-go breakfast; the evening reception with appetizers. Never enough high boys, and no event venue uses those AWESOME plate+cupholder things that I can take to a tailgate party! Come on people! I need a free hand to shake/eat/social media with!

2) QR codes: I tried to like them. Really, I did. But I'm convinced they are mostly useless.

1) Badges! I hate where they hang, I hate waiting in line to get them, I hate that they flip around and do not serve their purpose for identifying people 100% of the time!

What do you want to see evolve?

Sunday, March 11, 2012

Why Social helps remote attendees

"Events are the original Social Media."
  - Liz Lathan

It's my mantra. :-) And on days like yesterday and today, I'm really living by it! South by Southwest 2012 (know as SXSW) is taking place in Austin, Texas, and my husband is attending live and in person. I, however, am home with our 4-year-old and our dogs who just had surgery. I'll get to join in the fun tomorrow, but in the meantime, I'm keeping up with the scene via Twitter, Facebook, Pinterest, and the various live blogs going on.

The social pipe from SXSW is insane. Every refresh of my social tool Hootsuite brings up like 400 new posts. Every picture I see of sessions has 80% of the attendees looking down at their digital device (presumably taking notes or posting about the speakers' thoughts).

Tips that I'm picking up from being a remote attendee this weekend are:

Ensure that your hashtags are available to remote folks. I can find the hashtags of the sessions I like on the sxsw.com website, so I can filter the feeds for the sessions I want to follow. Yesterday, I spent an hour following #sxswi #whedon to keep up with the Joss Whedon session I so desperately wanted to be at.

Enlist in live blogging or live tweeting help. Thanks to the good folks at Snarkmarket, I was able to watch live blogging of the aforementioned Joss Whedon session of the conference. The blogger was a guy from NPR who did a great job of paraphrasing the fireside chat, the audience questions, and Joss's responses. Pairing that with the Twitter feed made me feel like I was there! I was privy to the floor seating outside of the session because it was so packed. And I even was privy to the high five that Joss gave an attendee on his SuperBetter quest!

Have a Pinterest board. Here's one I'm not seeing yet from SXSW. I search for SXSW and I just get a few results. I heard that some brands were doing Pinterest boards, but I haven't found them yet. From the Tweet stream, I know Pinterest is the hot topic at SXSW, so now we have to go figure out how to make it work, how to make it work for events...and how to monetize it!

Check the stats. The social pipe from SXSW is insane. I can't keep up. But the SXSW organizers must be loving it! Make sure your company has a Social Media Listening Center - doesn't have to be as sophisticated as Dell's (http://twitpic.com/8t7804), but someone should monitor the feed, the statistics, and the tone of the conversations happening at and around your event.

More posts to come after I actually get my chance to BE at SXSW tomorrow!

Wednesday, January 11, 2012

Leaders of the future


If your actions inspire others to dream more, learn more, do more and become more, you are a leader.
  -
John Quincy Adams 
I’m in a leadership class through the employee resource groups at my corporation and we’re studying a great book called “Leaders of the Future 2.” My team recently taught a chapter on leading through crisis and complexity. One of the sections talked about nonprofit leadership, another on Army leadership, and another on corporate leadership.
I was completely fascinated by the differences among the three, and the subsequent threads that can be woven through them. Army leadership (or armed forces, more accurately), promote their leaders 100% from within. They don’t put out job openings for commanders or generals. Therefore their entire culture is focused on teaching, training, mentoring, and teaching every person how to teach, train, and mentor. Amazing! I have seen very few organizations that have a good succession plan, even among the rank and file team members. I see groups that are shocked and totally unprepared when a team member finds a new role. The majority of corporations hire “important” roles from outside, believing that experience in a similar role in another company will bring wisdom far beyond anything learned within the walls of the company.  I don’t understand. I don’t disagree or dislike it because I’m sure one day I’ll be looking to leave and find a role based on that principle, but it got me thinking about my organization.
I confess that I don’t know how to mentor effectively. I can train. I can teach. But how do I mentor someone to take over my job? I honestly don’t know how I got my job myself, so how could I possibly mentor someone else to take it over? Are there training classes on how to be a good mentor? I should look into that...
One of the teachable moments about crisis for me was that corporate and nonprofits leaders spend their lives avoiding crisis, while the Army trains their leaders for a crisis, understanding that crisis are inevitable and you’re sure better know how to lead and manage through them if you want to survive.
Nonprofits also fascinate me, having worked at two of them and volunteered at many of them. Due to the unfortunate salary discrepancy, a lot of leaders in associations are very young, needing a lot of mentorship from their board of directors (many of whom are more experienced in their roles or have experience in corporations). Taking the lessons learned in the military and in corporations to the board of a nonprofit is a vital way to nurture nonprofit leadership.
From this, I took away the importance of fostering leaders, nurturing leaders, and mentoring leaders for the future. I was inspired to rejoin a nonprofit board I left about five years ago. I was inspired to seek out a mentor of my own and try to feel my way through this mentorship idea. My next challenge: learning how to take someone that I want to mentor and convince them that they need mentoring… where’s the book on that?

Tuesday, January 3, 2012

The zombie apocalypse and my skills


You're a great friend but if the zombies chase us, I'm tripping you.
  - Anonymous
So I’m reading this book about the zombie apocalypse (I know, completely silly… it’s called World War Z – TOTALLY recommend it), and it’s presented as a historical account of the zombie war. One chapter talks about the skills of the population in the face of this unique society-rebuilding challenge. It calls out the service providers versus the workers, and gives a fictitious example of a maid having to be the manager of her former employer because the maid has actual useful skills, as opposed to the former employer who was something like a marketing executive in a corporation.
The topic really piqued my interest as I’ve been thinking lately about how I really don’t produce anything anymore. I manage people and I manage projects, and I write words electronically, but I don’t MAKE anything. What useful skills do I have that would transfer into a post-apocalyptic world? I could maybe cook something. Or lightly mend the mildly wounded. Or nail some boards together, if asked. I learned to make a pillow in my 8th grade Home Economics class.
Zombies, aside, what skill could I learn that would make me useful outside of the corporate and computerized world?