Meetings Mean Business Report Indicates Executives Find Value in Face-to-face
January 28, 2016
Not only do business leaders say in-person meetings are beneficial to operations, according to a new survey released by the national coalition Meetings Mean Business, but also face-to-face is critical to career development.
As a result, corporate leaders are making in-person meetings a financial priority and report increasing investment in face-to-face meetings in 2016.
“The survey looks at how face-to-face meetings help drive top-line growth and bottom line results for the business community, said Richard Harper, executive vice president at HelmsBriscoe and co-chair of Meetings Mean Business.
He added, “The results show that face-to-face continues to be a platform that provides value to the business community.”
The survey indicated that in-person meetings are beneficial to several aspects of business operations, including the ability to close deals, engage a team and develop professionally.
Executives who were surveyed reported that meetings improve their ability to network, grow professional and grow their company’s bottom line.
Four in five surveyed believe they have attended an in-person meeting, conference or event that would not have yielded the same success as one conducted remotely.
The survey also found that meetings enable successful and meaningful connections. The majority of executives agree that team engagement, collaboration, professional development and productivity are improved by participation in in-person meetings, conferences and events.
“In-person meetings are a priority investment for executive leaders, with 92 percent planning to invest as much if not more in 2016 as they did last year,” said Michael Dominguez, senior vice president and chief sales officer for MGM Resorts International and co-chair of Meetings Mean Business.
He added, “Business executives clearly understand the value of bringing people together in-person to achieve positive outcomes whether it’s for adding value to the bottom line, engaging their employees or growing their own careers.”
Here is what executives who were surveyed said more specifically about the value of in-person meetings:
· Nine in 10 executives say meetings improve their ability to close deals (93 percent), network (90 percent) and grow professionally (88 percent).
· Eighty-nine percent of executives agree that new business opportunities (86 percent), workforce engagement (80 percent), training (73 percent) and staying up-to-date on industry trends (62 percent) are best accomplished face-to-face.
· Ninety-seven percent find that meetings deliver a return on investment
· Eighty-six percent of executives believe that face-to-face meetings help improve the bottom line.
To learn more about our key findings check out our results here.
Partner Voices
Overview:
The award-winning Orange County Convention Center (OCCC) goes the extra mile to make every day extraordinary by offering customer service excellence and industry-leading partnerships. From their dedicated in-house Rigging team to their robust Exhibitor Services, The Center of Hospitality brings your imagination to life by helping you host unforgettable meetings and events. With more than 2 million square feet of exhibit space, world-class services and a dream destination, we are committed to making even the most ambitious conventions a reality.
In October 2023, the Orange County Board of County Commissioners voted to approve allocating Tourist Development Tax funding for the $560 million Phase 5A completion of the OCCC. The Convention Way Grand Concourse project will include enhancements to the North-South Building, featuring an additional 60,000 square feet of meeting space, an 80,000- square-foot ballroom and new entry to the North-South Building along Convention Way.
“We are thrilled to begin work on completing our North-South Building which will allow us to meet the growing needs of our clients,” said OCCC Executive Director Mark Tester. “As an economic driver for the community, this project will provide the Center with connectivity and meeting space to host more events and continue to infuse the local economy with new money and expanding business opportunities.”
Amenities:
The Center of Hospitality goes above and beyond by offering world-class customer service and industry-leading partnerships. From the largest convention center Wi-Fi network to custom LAN/WAN design, the Center takes pride in enhancing exhibitor and customer experience.
The OCCC is the exclusive provider of electricity (24-hour power at no additional cost), aerial rigging and lighting, water, natural gas and propane, compressed air, and cable TV services. Convenience
The Center is at the epicenter of the destination, with an abundance of hotels, restaurants, and attractions within walking distance. Pedestrian bridges connect both buildings to more than 5,200 rooms and is within a 15-minute drive from the Orlando International Airport. The convenience of the location goes hand-in-hand with top notch service to help meet an event’s every need.
Gold Key Members
The OCCC’s Gold Key Members represent the best of the best when it comes to exceptional service and exclusive benefits for clients, exhibitors and guests. The Center’s Gold Key memberships with Universal Orlando Resort, SeaWorld Orlando and Walt Disney World greatly enhance meeting planner and attendee experiences offering world-renowned venues, immersive experiences and creative resources for their events.
OCCC Events:
This fiscal year, the OCCC is projected to host 168 events, 1.7 million attendees, and $2.9 billion in economic impact.
The Center’s top five events during their 2022-2023 fiscal year included:
AAU Jr. National Volleyball Championships 2023
200,000 Attendees
$257 Million in Economic Impact
MEGACON 2023
160,000 Attendees
$205 Million in Economic Impact
Open Championship Series 2023
69,500 Attendees
$89 Million in Economic Impact
Sunshine Classic 2023
42,000 Attendees
$54 Million in Economic Impact
Premiere Orlando 2023
42,000 Attendees
$108 Million in Economic Impact
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