Tuesday, July 24, 2012

The Rewards of Going Green

 Reposted from Meetings & Incentive Travel - click here for link

Green meetings have returned to the spotlight. Both sponsors and program participants continue to place growing importance on green events and incentive-travel strategies.  As a result, many organizations are taking the time and strongly rethinking what it means to be green.

My colleague, Brian Hunt, and I recently attended and presented at the Green Meetings Industry Council (GMIC) Annual Summit this past April.  Our presentation, Green Strategies that Create both Business and Attendee Value, was an open discussion among more than 90 attendees.  Filled with great dialogues and exchanges, many questions came up regarding the difference between green-focused and green-friendly meetings/events and incentive travel integrations.  From those discussions, we offered up three ways to improve green strategy and create awareness within an organization.
  • Green in the Absence of Vision, Mission and Values - It’s important for companies to openly communicate green-related positioning, goals and practices.  When an organization lacks "green" identifiers and/or inclusions in its vision, mission and values statements, it’s highly likely that the culture doesn’t perceive the company as either green-friendly or green-focused.  Each organization needs to take a well-positioned stand to ensure it effectively communicates their position and the level of importance green means to them.  In doing so, employees, customers and channel partners are more aligned and help spread the "think more green" movement.
  • From a Single to a Triple Bottom Line - To draw forward the values of what green-related strategies can mean, organizations need to evolve beyond standard performance concepts.  In this case, it’s a Triple Bottom Line (TBL) concept that provides stronger strategic direction and a set of performance metrics based on People, Planet and Profit.  When green-related adoptions take place with only one or two of these in mind, we simply miss the mark of achieving the most effective value.  Evaluating across the TBL requires an appreciation of both tangible and intangible values of fiscal, quantitative and qualitative insights.
  • ‘Crawl’, ‘Walk’ and ‘Run’ Approaches - Organizations are interested in how green adoptions affect program operations, economics and overall participant experiences.  To more thoroughly understand these areas, we need to consider the progressive steps that help grow our green adoptions from both an organizational sponsor, as well as from a participant’s viewpoint.  Not too fast, not too slow, but at a pace that inspires adoption, provides meaningful experiences and influences future commitments.
Companies can easily assess how green they currently are and establish a benchmark for progress moving forward by asking the following questions:

• Do we integrate green efforts early in the meeting/event or incentive-travel planning process?
• How are we translating our green principles into actionable practices?
• Are our green practices strategic or do they represent standalone tactics?
• Do we work with sponsors, suppliers and vendors that align to our core principles?
• How are we evaluating performance?

Going green requires long-term and unwavering commitment to the Triple Bottom Line – People, Planet and Profit.  Answering simple questions about current green initiatives and setting future benchmarks helps provide direction for future efforts.  As companies progress, it is important to celebrate success, openly promote and advise others, and challenge those within the organization to change for the better.

Together, we all make a greater difference.

Sunday, July 22, 2012

Game Changers in Incentive Travel - Interview

In a recent interview with Te Revesz, who runs a fantastic internet radio weekly talk show - Global Reach from VoiceAmerica, I had the opportunity to talk about how organizations are enhancing employee, customer and channel partner relationships through business events.  Take a listen...



Here's the synopsis:

It’s an exciting time in the incentive travel industry. Companies that abandoned meetings, events and incentives (ME&I) in the economic meltdown have seen those savings outweighed by eroding customer, channel partner and employee engagement. Now they are coming back, but to a new paradigm. My guest, Jim Ruszala of Maritz Travel, is a recognized thought leader and innovator in incentives, loyalty and engagement. He’ll talk about the essentials of building a better ME&I strategy. Innovations in program design that can boost the returns – tangible and intangible – for your incentive investment. How to measure the performance of that investment. Why companies need to include both stakeholders and attendees (guests) when creating ME&I programs. How including families and adding corporate social responsibility elements can both be powerful motivators without busting the budget.

Interested on learning more about Te Revesz and her Global Reach program - click here