Some individuals wonder about the need for corporate travel nowadays, when technology has pushed us to new levels of communication. When working remotely, video conferencing and Skype are wonderful ways to interact. But once it comes to crunching numbers, though, nothing beats corporate travel for face-to-face interaction.
When it comes to the importance of corporate travel, there are a few factors to consider.
INTRODUCING A NAME WITH A FACE
When it comes to closing business transactions and making significant decisions, face-to-face meetings are crucial. According to previous Oxford Economics research, adding a face-to-face interaction roughly doubles the rate of converting prospects to actual clients. Without a face-to-face meeting between corporate leaders, some Fortune 100 corporations will not sign any contracts. This makes corporate travel a necessity for some organizations.
OPPORTUNITY
When you’re out of the office on business, or off on a corporate trip, you have the opportunity to meet and interact with people you wouldn’t be able to meet or contact if you were working behind a computer screen. It’s simple to strike up a conversation with someone with whom you have no direct contact; it happens all the time. You might discover synergies between your industries or organizations while seated on a train, waiting in line, or being introduced by a mutual acquaintance. You rapidly extend your possibilities and uncover various channels of potential by moving out of the workplace atmosphere.
CORPORATE TRAVEL INCREASES INTERACTIONS BETWEEN HUMAN BEINGS
The personal encounter that sets good foundations for a future or present relationship is one of the key reasons why corporate travel is crucial. This can also help to reduce misunderstandings and foster a sense of oneness. Written communication on sensitive topics is frequently misunderstood and misinterpreted. It is far more helpful to have a physical meeting around the same issue in order to better grasp each other’s communication skills.
LEADERSHIP
The ability to inspire others, to have confidence in yourself and your organization, and to encourage others, even if you lack authority, are two crucial components of leadership. To do so, you must be visible to both your coworkers and your clients. Taking the effort to go and meet with them face to face might show them that you care about their achievement.
TECHNOLOGY
Technology is beneficial for a variety of reasons, and we probably wouldn’t have any business to travel for if it weren’t for it. It’s crucial to remember, though, that technology isn’t a replacement for being in front of your customers. Corporate travel is still the most effective approach to foster strong bonds and collaboration.
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