Education Session Descriptions:
SUNDAY,
APRIL 22
3:30 - 4:30pm
Full!
Introduction
to Travel Management for Executives New to Travel
If you are new to travel, do not miss this session! This unique
program is designed especially for executives who are new to
the business. A seasoned business travel professional will define
the travel management process and the building blocks essential
to an effective program. You'll gain invaluable insights on
the key principles and best practices that will enhance your
ability to manage your travel spending and improve your relationships
with suppliers.
MONDAY,
APRIL 23
9:15 - 10:30 am
Alphabet Soup: Making Sense of Business Travel-ese
With the advent of so many new travel technologies and purchasing
processes there's an urgent need to standardize language, from
acronyms to argot, not just for those of us in the corporate
travel industry but for anyone (CEOs, CFOs, for example) who
deals in any meaningful way with travel. Terms like "direct
connects," "direct bookings," online booking," and "web booking"
all have subtle differences, and each mean different things
to different people, even within the same organization. Danny
Hood, an industry visionary will share a dynamic look at what's
on the technological horizon as well as define the essential
terms of today's techno environment.
Doing
Business Globally: Cultural Perspectives
For all the logic of globalizing travel programs, enormous hurdles
exist. Corporate cultures aren't consistent country to country,
never mind region to region. Neither is policy, and often for
good reason. Laws and informal local practices prohibit standardisation
of certain mandates, such as those involving the use of charge
cards. Even how people respond to being "managed" varies-in
some countries, employees openly flaunt guidelines; in others,
they're followed to the letter. This session, presented by Tim
de Nordwall, Institute for Intercultural Management, will cover
cross-cultural issues affecting everything from technology usage,
purchasing habits, and up, down, and horizontal communication.
Full!
Strategic
Sourcing and Procurement-based Travel Management: The New Model
Strategic sourcing is a purchasing technique successfully used
by scores of companies to help them make intelligent selections
of suppliers, and leverage their buying power with them. The
first part of this session will cover sourcing basics from the
corporation's perspective: setting goals for travel sourcing
initiatives; applying strategic sourcing principles to the specific
needs of travel, and the role of outside consultants in the
sourcing effort. The second part will emphasize the procurement-based
model for managing travel costs. Topics will include consortia
buying, online auctions, self-reservation systems, substitutes
for travel, measuring savings, and maintaining senior management
support for purchasing initiatives. Attendees will receive sample
sourcing workplans, a sample airline RFP, a travel policy scoring
tool, proforma business cases and a strategic sourcing readiness
test.
Corporate
Group Travel: The Big Picture (part 1 of 2)
For many companies, group travel makes up a significant percentage
of overall travel spend. Yet few organizations have the same
purchasing disciplines in place for meetings as they do for
individual corporate travel. Part 1 of this dual session will
focus on ways companies are getting a handle on meeting costs
through the consolidation of all travel purchases (transient,
meetings, events, incentives, etc.) and forging sweeping deals
with vendors. How to measure benefits of a meeting management
program, collecting and analyzing data, and getting buy-in for
these initiatives will also be discussed.
Whose
Data Is It Anyway?
When Continental Airlines began insisting that corporate customers
who receive discounts disclose precisely how much they spend
with rival carriers, several long standing clients immediately
began questioning their preferred supplier agreements with Continental.
The flap reinforced just how complex, and contentious, the issue
of data privacy and data ownership is. This session will be
a high-level, open dialogue among representatives on all sides
of issues- suppliers, travel managers, and third-party data
consolidators--who will discuss their views on how data may
be used and shared.
3:00
- 5:30pm
K.I.S.S. the Complicated Contract Goodbye: Corporate and
Supplier Roundtable Workshop
This intensive, two and a half hour session revolves around
a single theme: contract process and management. The objective
is to determine an industry-wide best practice for what's typically
the most costly, time-consuming, burdensome-and, by the way,
absolutely critical-aspects of business travel management. The
workshop format is designed to encourage networking and benchmarking
with peers; by session's end, attendees will have worked out
a process that allows buyers and suppliers to effectively and
efficiently negotiate and implement win-win contracts. Participants
will be split into corporate-only and supplier-only groups,
after which a facilitator will guide the discussion along these
main categories:
1
- RFP Process: Online auctions, consortium issues, level
of detail necessary, role of procurement.
2 - Contract Process: legal office involvement, risk
management, role of consultants, procurement, performance measurement
and consequences.
3 - Contract Negotiation: performance monitoring, supplier
utilization, effective rates paid, tracking, measuring and reporting.
A
summary of highlights will be collected and reported at the
end of the session and will appear in subsequent ACTE publications.
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TUESDAY,
APRIL 24
11:00am
- 12:15pm
Full!
Online
Travel Procurement: On the Road to e-Commerce Success
With a few notable exceptions, B-to-B e-Commerce has been more
bust than boom. The absence of short-term ROI for many e-Commerce
technologies and the inability of most e-Markets to achieve
substantial liquidity is causing backlash among businesses that
are beginning to demand results from their investments. Internet-based
procurement automation (e-Procurement) -- including the online
procurement and management of travel services -- is one area
of e-Commerce than is positioned to deliver such an immediate
payoff. Tim Minahan, Managing Director, e-Business at the Aberdeen
Group, sorts through the e-Commerce hype, details the benefits
and pitfalls of e-Procurement, and maps a strategy for effectively
deploying online travel management as part of a larger e-Procurement
initiative.
Doing
Business Globally: Cultural Perspectives
For all the logic of globalizing travel programs, enormous hurdles
exist. Corporate cultures aren't consistent country to country,
never mind region to region. Neither is policy, and often for
good reason. Laws and informal local practices prohibit standardisation
of certain mandates, such as those involving the use of charge
cards. Even how people respond to being "managed" varies-in
some countries, employees openly flaunt guidelines; in others,
they're followed to the letter. This session, presented by Tim
de Nordwall, Institute for Intercultural Management, will cover
cross-cultural issues affecting everything from technology usage,
purchasing habits, and up, down, and horizontal communication.
Supplier
Survival: Selling Effectively into the Strategic Sourcing Environment
Many travel suppliers view the success of strategic sourcing
projects as a threat to their survival. This session will cover
the basics of strategic sourcing and the critical selling implications
for travel suppliers. Key topics are the new decision makers
and what they need to know about travel suppliers, understanding
and reframing the value proposition, working under and over
the RFP, and tying travel policies to pricing. Attendees will
receive a worksheet for assessing an account's travel policy
and likely ability to move market share, tips for anticipating
a strategic sourcing initiative at large accounts, and a checklist
of key success factors for selling into a strategic sourcing
project.
Corporate
Group Travel: Effective Management of Meeting & Event Expenses
(part 2 of 2)
Effective Management of Meeting & Event Expenses will be a case
study of Accenture's meeting management program, focusing on
its use of a payment system designed specifically for meetings
and group events. (Working with its corporate card supplier,
Accenture developed an electronic solution that provides paperless
statements, customized expense coding, and a means to sort and
filter transactions for management reporting purposes.) This
session will also illustrate other best practices in meeting
management, from leveraging suppliers to using new booking technologies.
Realities
of Direct Connections: Perspectives from the Top (part 1 of
2)
The ability to book an airline ticket, a hotel room, or a car
rental directly from supplier inventory sounds great in theory.
But what's it like in practice? Is GDS bypass worth the effort?
How much money can be saved--and are these savings at the expense
of service? This session, presented in two parts, will begin
with Part 1. Realities of Direct Connections: Perspectives from
the Top. Here, a panel of CIOs representing various industry
segments (GDS, car, hotel, agency, air) will discuss the capabilities,
advantages and disadvantages of this controversial method of
booking.
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2:45
- 4:00pm
Dispelling the Hype of the Digital Age
Does technology make you apprehensive? You're not alone. Most
people fall prey to what digital-age expert Evan Solomon calls
the "circle of anxiety"-the constant, and nerve-wracking, need
to keep up with the latest high-tech hardware and software,
gadgets and gizmos. Solomon, co-founder and executive editor
of Shift Magazine, an award-winning publication about media,
entertainment and technology, will explain how and why people
should only adapt new technology that allows them to focus on
their core competencies…and why they should ignore the hype.
Analysts
Take On the Travel Industry
Airlines are on a merger spree; hotel companies are hell-bent
on expanding even as economies slow and room inventory soars;
car rental companies are reporting disappointing earnings. A
leading financial analyst covering these segments will describe
the micro- and macroeconomic trends affecting these three industries,
then offer predictions on how the relative health or weakness
in each segment will affect service and price.
Realities
of Direct Connections: A Case Study (part 2 of 2)
The ability to book an airline ticket, a hotel room, or a car
rental directly from supplier inventory sounds great in theory.
But what's it like in practice? Is GDS bypass worth the effort?
How much money can be saved--and are these savings at the expense
of service? Part 2. Realities of Direct Connections: A Case
Study will illustrate how Accenture and its travel agency, airline,
and booking product worked together to make direct connects
happen. The focus will be on how they did it, how it worked,
and how they measured its effectiveness, followed by a discussion
on whether this concept may be right for your company.
Canadian
Business Travel Issues: Roundtable Workshop
For all the talk about consolidation of the US airlines, Canada
has been quietly facing the real conditions of an airline monopoly
ever since the merger of Air Canada and Canadian Airways, which
now holds a powerful 80% market share. But there's promising
news: two smaller carriers, Roots Air and WestJet, are expanding
service and lowering fares as they do. (Roots is even paying
8% commissions.) In this roundtable session, a facilitator will
prompt discussions on three major issues facing Canadian companies:
how to optimize airline agreements in this dynamic marketplace;
facing rising hotel costs while the Canadian dollar remains
weak; and the business case for adopting new efficiencies, such
as automated expense reporting, self-booking products and meeting
management tools.
www.The Trip Not Taken.com
Ask travel managers how to bring costs down, and the first thing
they will say is, "don't go anywhere." One way to reduce group
travel and still meet corporate objectives is to use Web conferencing
for virtual meetings and training sessions. The technology allows
presenters to upload text, visuals and other enhancements (annotation
tools, software demonstrations, streaming audio and video) before
making live presentations. This session will focus on how companies
can benefit from virtual meetings, and how to calculate the
ROI for this type of implementation.
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4:15
- 5:30pm
Online
Business Travel Fulfillment Solutions
One of the biggest fallacies about online bookings is that they're
totally do-it-yourself. Many companies are finding, to their
relief, that behind the scenes (and screens) is a variety of
customer support services, both automated and human-powered,
to help travelers with everything from destination queries to
driving directions to help with complicated or multi-leg itineraries.
Besides covering the ways to drive traveler usage of online
booking systems, a panel will review and discuss B2B portals,
how to compare transaction costs using different booking methods,
and how to better evaluate different fulfillment products.
Strategic
Sourcing and Procurement-based Travel Management: The New Model
(identical to 4/23 9:15 - 10:30
session)
Strategic sourcing is a purchasing technique successfully used
by scores of companies to help them make intelligent selections
of suppliers, and leverage their buying power with them. The
first part of this session will cover sourcing basics from the
corporation's perspective: setting goals for travel sourcing
initiatives; applying strategic sourcing principles to the specific
needs of travel, and the role of outside consultants in the
sourcing effort. The second part will emphasize the procurement-based
model for managing travel costs. Topics will include consortia
buying, online auctions, self-reservation systems, substitutes
for travel, measuring savings, and maintaining senior management
support for purchasing initiatives. Attendees will receive sample
sourcing workplans, a sample airline RFP, a travel policy scoring
tool, proforma business cases and a strategic sourcing readiness
test.
Does
Your Travel Management Program Measure Up? -- Roundtable Workshop
How well is your travel management program performing? Are you
saving money, getting reasonable service for your travelers,
building beneficial relationships with suppliers? How often
should you measure, review and consequently modify your travel
program? This session, which will combine the presentation of
examples of successful measurement efforts with roundtable discussions
involving corporates and suppliers, will help participants exchange
ideas before determining a solid list of measurement best practices.
Full! Travel
Agencies - Will They Be Around In 2005?
Have commission caps, direct connects and online booking products
made travel agents obsolete? The answer is a resounding no.
Many agencies are thriving, having successfully made the transition
from intermediary to provider of direct services, and from commissions
to fees. This session will focus on new pricing models for agency
services and which suit various business objectives; and service
evaluation, including measuring agent productivity and determining
the value of account managers. Case studies of agency best practices
will round out the session.
CRM:
The New Wave in Customer Care
In this era of consolidation and competition in the travel industry,
the suppliers who succeed are the ones who are able to stay
close to their customers. That's where customer relationship
marketing comes in. Rather than focusing primarily on gaining
market share, savvy suppliers are now using novel CRM techniques
to enhance current relationships with corporate travel customers
and to maximize the lifetime value of accounts. This session
will help suppliers learn about the latest trends in CRM including,
how to gather, evaluate and apply all available information
about travelers, their purchasing patterns and their preferences,
to help develop effective service strategies and targeted offerings.