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New program saves conglomerate more than US$2 million in first year

Success story - snapshot
 

Industry: Multinational conglomerate - Engineering & manufacturing

Service: Strategic Meetings Management

Location: Global scope, initial launch in North America

Facts:

  • Centralize, restructure and optimize M&E program
  • Develop a global meeting strategy and event policy

Brief

  • Design a new global event program aligned to company environment and culture and solve their main pain points:
    • Decentralized organization with redundant groups planning meetings
    • Disparate processes for sourcing and planning
    • Multiple meeting technologies

Solution

  • Developed a global meetings and events policy, including a payment solution strategy to support compliance
  • Streamlined processes and resources to drive operational excellence
  • Created a business intelligence strategy, including technology and data analytics optimization 

Result

  • Consolidated multiple meetings technologies into one provider
  • Stakeholder engagement led to a double-digit adoption increase
  • Deployed a centralized organizational plan with a fully outsourced service team
  • Saved nearly USD 470,000 in first 6 months and more than USD 2 million in a year

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