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TeleForums Bring
Big Benefits
- TeleForums are
easy and cost-effective for corporate housing companies.
- TeleForums can
often replace in-person meetings. In fact, 40 percent of corporate
travel managers use teleconferencing
as an affordable alternative to in-person meetings.
- TeleForums produce
big savings. According to MCI, a four-person face-to-face meeting
costs $5,200 (which includes airfare, meals, hotel bills and lost productivity/sales
time); a video conference costs $1,700 and a teleconference call costs
$700.
- It's easy to
attract internal and external expert corporate housing presenters.
This means expert presenters
can make a teleconference presentation from anywhere in the world, finish
their presentation, hang up and go back to their very busy days.
- More cost savings:
When corporate housing TeleForums are combined with web-based training,
we can eliminate the costs of producing and shipping training materials.
Plus, there's a quicker turnaround when the curriculum changes.
- A case study:
Budget Car Rental trained 667 new counter staff at a cost of $2,000
per person. This included travel and expense, but not their lost wages.
When they switched to a combination of teleconference calls and web-based
training, the costs are $156 per student. Plus, they are now able to
train a much higher percentage of new counter staff who previously were
not able to travel due to family commitments or other personal constraints.
- A case study:
Remote training saved Siemens $2,000 per employee per week. This applied
to 1,000 field employees scattered across 50 divisional locations. Previously,
employees spent two weeks per year in face-to-face training classes.
The company has since developed the Siemens Virtual University, a new
way to deliver training to remote employees over their corporate Intranet
and the students tested better because they had time to learn between
training sessions.
- Some research:
Is distance learning
really as effective as face-to-face instruction? Dr. Thomas Russell,
author of "The No Significant Difference Phenomenon", has
compared more than 300 studies on the effectiveness of all types of
distance systems. Russell concluded that there is no significant difference
in learning outcomes when comparing face-to-face with distance learning
options.
- TeleForums provide
world-wide reach. Participants can access corporate housing TeleForums
from anywhere, and no special technology is necessary beyond a telephone.
- TeleForums are
content-rich. A wide variety of corporate housing topics
can be covered.
- A corporate
report: A
report done by IBM's San José Programming Center on: Telephone Meetings:
A Tool for Inter-Center Communications by T. Capers Jones...."Telephone
meetings are substantially less expensive than live meetings. The participants
generally do not have to leave their offices, so there is no travel
time or expense...even to walk to the conference room is not required!
The average start-up time of only seven minutes is noticeably shorter
than for most live meetings, and the average meeting length of between
30 and 45 minutes is also short when compared to live meetings....When
the effectiveness of the telephone approach is added as a subjective
factor, the meetings appear to be uniquely inexpensive--possibly the
least expensive way of transmitting information to groups of individuals
in a timely manner."
PowerHour®
is a thought-leader
in executive
recruiting services, investment
banking consulting services, corporate
housing training, corporate
housing webinars and group
co-op buying services for our corporate housing clients around the world.
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