CPO Rising has been actively publishing thought leadership, technology analysis, and supply management best practices for many years and the result has been a steady stream of valuable content that sometimes gets lost in the shuffle. To help our readers keep better track of our ideas on certain topics, we’ve developed a new series in which we will feature a sampling of impactful insights and recent articles on the topics that matter most to CPOs and other procurement executives (Note that readers can also search different categories by clicking on “Articles” found in the blue menu bar directly under the CPO Rising logo or by searching “Tags” under the sponsor logos on the right hand navigation bar). We’ve started with Strategic Sourcing and Accounts Payable topics, but are now moving onto indirect spend categories, such as business travel and expense management. Enjoy!
4 Meetings and Events Management Articles You Should Read
1. The CFO’s View Of…Meetings and Events Management
From our article entitle, The CFO’s View Of…Meetings and Events Management: The Chief Financial Officer (CFO) of the typical organization is now tasked with more than ever before, often asked to be the “savior” of enterprises that struggle to maintain a clear picture into total cash and corporate finances. CPO Rising is pleased to present a series that highlights the “CFO’s view” of various functions and categories within the contemporary enterprise. Today’s article highlights the CFO’s perception, involvement, and ultimate impact upon the complex spend category of strategic meetings and events. Read more from this article by clicking here.
2. Events Management in 2015: How Will It Evolve in the Year Ahead?
From our article entitled, Events Management in 2015: How Will It Evolve in the Year Ahead?: The realm of complex spend management is never a dull arena. From contingent workforce management to business travel and expense management, these industries encapsulate multiple “worlds” within the average organization, from finance to procurement to human resources, operations and beyond. Gone are the days when executives would push these categories off to the side in favor of more seemingly-strategic endeavors. In an age when millions of dollars are spent on complex spend categories (i.e., nearly a third of the overall workforce is now comprised of non-employee talent, business travel can cost upwards of 12%-to-14% of an enterprise’s overall budget, etc.), it is critical for every company, no matter the size, to view these areas in a much different light. Read more from this article by clicking here.
3. Then and Now: A Technology Evolution Series, Part III: Event Management
From our article entitled, Then and Now: A Technology Evolution Series, Part III: Event Management: The most interesting aspect of the event / meeting complex spend category is that it “touches” multiple functions within the average company. Most professionals would assume that the marketing unit would hold the main responsibility for managing strategic meetings and events, however, the procurement function (at least in those companies who view events as a true spend category) must be involved to effectively spend on-budget. The technology of today is a pure indicator of this level of cross-functional coordination between the divisions that can (and should!) manage corporate events. Read more from this article by clicking here.
4. Why 2015 Will Be a Critical Year for Events Management
From our article entitled, Why 2015 Will Be a Critical Year for Events Management: Enterprises have been conducting conferences, meetings, and events for decades with the purpose of driving revenue, improving customer relationships, boosting training efforts, and reaching new audiences and communities. The industry itself (and those executives tasked with developing, planning, executing, and managing corporate meetings) has undergone major shifts in recent years, as companies feel the pressure to build initiatives and approaches [including strategic meetings management (SMM) programs] that can address spend management, social engagement, marketing, and mobility avenues. Read more from this article by clicking here.
Tagged in: Ardent Partners Research, Chief Procurement Officer, Christopher Dwyer, Complex Categories, CPO, Lists, Strategy
