Outsourcing is “in” according to a recently released survey conducted by Corporate Meetings & Incentives Magazine, along with the National Business Travel Association Foundation and Financial & Insurance Conference Planners. The findings were part of a first-ever research project to explore trends among those at the top level of the meetings profession.
The survey explored everything from meeting managers’ education, experience, and certification, to the size of their departments and the number of meetings they plan, to whether or not they are responsible for combined meetings and travel—and how all of these correlate with salary.
Strategic meetings management (SMM) and outsourcing continue to be significant trends among this group. A little more than half of respondents said they outsource some functions, with sourcing and contracting, registration, and on-site logistics being the most popular ones. Most striking is the growth of SMM within companies, with a little more than two-thirds (67.4 percent) of respondents saying they either already have a program in place or plan to within the next two years.
Over half (53.7%) have preferred-supplier contracts in place with hospitality vendors/suppliers. The median number of vendors with whom they have preferred contract is five.
Copies of the complete research report can be downloaded for $159 from Penton Publishing’s online research store.
Pingback: Tweets that mention Outsourcing A Significant Trend Among Senior Meeting Managers | -- Topsy.com
Pingback: Cash Incentives Not Always the Best Employee Motivator