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Formal mtg. policies still rare.

Publication: Business Travel News
Publication Date: 23-JAN-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Companies remain split over whether to implement formal corporate meeting management policies to save money and control risks, according to an exclusive Meetings Monitor survey. While some buyers said their corporate culture does not support strict policies and mandates, others said a clear policy is key to streamlining the meetings management process.

According to the survey of 186 corporate meeting buyers, 60 percent said their companies do not have a formal policy regarding meeting and conference operations.

The results mirrored a similar Meetings Monitor survey taken in 2004, when 59 percent of respondents said their companies did not have formal policies. However, 23 percent of respondents in the 2004 survey said their companies planned to adopt a formal policy, suggesting the proliferation of policies has stalled or that implementing a formal policy takes longer than one year.

Dick Zeller, vice president of consolidation solutions for Maritz Travel Co., said many companies who planned on implementing meeting policies may have found the process is more difficult and longer than they anticipated.

"It...

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