The Future of Meetings

Rising gas prices, airline cutbacks, canceled and delayed flights, skyrocketing travel costs…these are just a few of the challenges facing businesses today. As a result, more and more companies are looking for ways to eliminate or at least greatly reduce travel expenses, and they’re re-examining how they’ll conduct meetings in the future.
Trying to eliminate meeting expenses is not a new concept for business.
After 9/11, the airlines temporarily shut down. When the airports reopened, many people were afraid to fly. In response, companies rushed to try virtual meetings — namely video conferencing and web conferencing — in an attempt to save time and money. But the tools available had limitations. On a personal PC, video conferencing was slow due to low bandwidth speeds that made the video fuzzy. High-quality systems were confined to a few video conferencing rooms, which were always booked. Web conferencing, using a combination of audio, text messaging, and PowerPoint, was useful but limited.
Additionally, people tended to overreact and do all meetings virtually.
Since no one had “meeting guidelines” in place, companies learned some hard lessons —that there are times when you actually need to see someone face to face, there are times when an audio conference will do, and there are times when an email is perfectly fine. With greatly diminished meeting outcomes due to the lack of guidelines, video conferencing and Web conferencing went back to playing a minor role as companies reverted to traveling for their meeting needs.
Fortunately, people didn’t completely abandon video and web conferencing.
Companies use video and web conferencing today more than ever before because they discovered the technology. Now it’s time for corporate America to step it up a notch and use the new meeting technology to not only save costs, but also to build relationships.

The Future of Relationships
The challenge today is that many companies are going into crisis mode.
Because air travel and gas costs are high, they’re using video and web conferencing, as well as the new high-end videoconferencing called telepresence offered by Cisco and HP, to save travel money. However, if their only motivation is to save money on travel, rather than the more important goal of enhancing communication and collaboration throughout the enterprise, then they’re simply creating another fad. Video conferencing has evolved tremendously over the past few years, and companies need to use the technology of today to pave the path to future profits, all of which hinge on relationships.
Visual communications heighten the bond you have with someone when you cannot see them face to face. It’s about adding dimension to the communication. There’s a reason why you shake someone’s hand when you meet them: the more senses you involve, the higher the connection.
How to Make Visual Communications Work
Before you mandate that video conferencing be the only way of conducing meetings, consider the following principles of visual communications.

  • First, realize that the need to meet, establish relationships, and share
    information, knowledge, and wisdom is not going away. No amount of high-tech gadgetry is going to change that in a fundamental way. That’s why face-to-face meetings are still the dominant form of meeting and extremely relevant, because there is no better way to build trust. In our increasingly global marketplace, trust is the glue that creates strong, successful, and enduring business relationships. Those who believe video conferencing will end face-to-face meetings are using “either/or” thinking, which often occurs when dazzling new technologies first appear. They view the new thing as destined to totally supplant the old thing, except that rarely happens.

  • Companies that make visual communications work will have the new and the
    old coexisting by allowing each to do what it does best. Video conferencing is a superb tool for saving travel time and expense, focusing on a structured agenda, obtaining senior-level points of view in real-time, building consensus, and making announcements. It’s not so good at smoothing out contentious give-and-take or handling emotional or sensitive issues.
    Fortunately, both virtual meetings and face-to-face meetings are readily available. It’s not either/or anymore. “Both/and” thinking is the new paradigm.
    In the past, video conferencing required a big fancy room with expensive
    equipment. That’s not the only option for video anymore. Many new computers come with a built-in video camera. That means you can do video conferencing on a personal laptop from your desk, your home, or anywhere in the world.
    The software is free and comes with your system. And with some computers, you can have multiple people on at the same time and video conference with them all at once.
    Despite the current conditions of gas prices, transportation costs, and airline cuts, the need to meet, share knowledge, and develop relationships will continue. Therefore, successful meetings will depend on your ability to master the concept of visual communications and develop guidelines that leverage both old and new tools to build trusting relationships that foster greater communication, collaboration, and community.

    Daniel Burrus is the founder and CEO of Burrus Research and author of six books, including the highly acclaimed Technotrends. Over the past two decades he has established a worldwide reputation for his exceptional record of accurately predicting the future of technological change and its direct impact on the business world. Dan monitors global advancements in technology driven trends to help clients better understand how technological, social and business forces are converging to create enormous, untapped opportunities. For more information, please visit: www.burrus.com.

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