Over the past couple of years, economic conditions and the state of the business world have created a corporate culture for many companies where a fun and relaxed atmosphere was “outlawed”. Any resemblances of fun or enjoyment were viewed as lack of focus or dedication. In the end, employee morale suffered and stress levels rose to new heights.
More and more, research is proving that FUN can actually be a good thing for the overall health of a company. As Maureen McKeon quotes in her article How to get from good to great – the shocking truth, “an increasing body of research demonstrates that when leaders lighten up and create a fun workplace, there is a significant increase in the level of employee trust, creativity and communication — leading to lower turnover, higher morale and a stronger bottom line.”
For event and meeting planners, fun translates into greater participation and increased overall satisfaction from attendees. After all, who wants to sit all day in a cold, sterile meeting room listening to one monotonous session after another then lunching on the infamous rubber chicken? Instead, try spicing things up with exotic locations, fine dining, and a bevy of recreational activities to keep the “juices flowing”. Hosting a corporate function on a cruise ship might just be an ideal, economic way to inject FUN into a stale program and create excitement before it even begins.
It’s time to put the fun back in FUNction and remember…nobody ever complains when they’re having a good time!
Tags: Bevy, Business World, Corporate Culture, Cruise Ship, Dirty Word, Economic Conditions, Employee Morale, Employee Trust, Fine Dining, Having A Good Time, Juices, Mckeon, Mdash, Meeting Planners, Meeting Room, Recreational Activities, Relaxed Atmosphere, Rubber Chicken, Shocking Truth, Stress Levels
Did you know that 90% of meeting planners polled state that their budgets are smaller due to the over-all economic slump? What’s more, over one third of planners predict they will book fewer meetings due to public opinion. In 2009, the PCMA/AMEX/Ypartnership sent surveys to professional meeting planners in order to gauge the effect of economic conditions and media feedback on meeting planning in 2010. The survey covered a number of topics including:
• How many meetings were hosted in 2009? How many are planned for 2010?
• Geographically speaking, where are meetings held?
• How much impact does the economic downturn have on meetings planned for the future?
• Does the media have an impact on how and if meetings are scheduled?
The outcome of this survey will not surprise most meeting planners. The economic crunch has and will continue to affect the number and type of meetings scheduled for the upcoming year. Negative media attention is a factor in the decrease of meetings. Bad press has the biggest negative impact on the largest meetings. Luxury and upscale accommodations are things of the past, at least for the moment.
Meeting planners as a group must point out that face to face meetings are an important part of industry interaction and curtailing these activities has a negative effect on companies. Reinstating corporate and government meeting can have a positive impact on U.S. economy and on personnel morale.
Tags: Amex, Budgets, Economic Conditions, Economic Crunch, Economic Downturn, Economic Slump, Economy, Face Meetings, Face To Face, Industry Interaction, Many Meetings, Media Attention, Media Feedback, Meeting Planners, Meeting Planning, Negative Impact, Pcma, Public Opinion, State Budgets, Upscale Accommodations, Ypartnership