Virtual Meetings Case Study for Mis

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VIRTUAL MEETINGS: SMART MANAGEMENT Case in Brief: For many businesses, extensive travel is a fact of life. The expenses incurred by business travel have been steadily rising in recent years, primarily due to increasing energy costs. In an effort to reduce travel expenses, many companies, both large and small, are using videoconferencing and Web conferencing technologies. Videoconferencing figures to have an impact on the business world in other ways, as well. More employees maybe able to work closer to home and balance their work and personal lives more efficiently; traditional office environments and corporate headquarters may shrink or disappear; and freelancers, contractors, and workers from other countries will become a larger portion…show more content…
Another example: presence-based visual collaboration tools enable workers to immediately locate and communicate with coworkers and partners, regardless of their current location, to solve customer issues in real-time and without the wasted cycles of voice mail and email exchanges. The result is decreased worker frustration, faster problem resolutions, and increased customer satisfaction and loyalty. Productivity / Efficiency Videoconferencing and visual collaboration tools are moving away from the scheduled environment of the departmental conference room to the ad-hoc, unscheduled work style of the desktop. Conferencing on demand delivers immediate productivity boosts and time savings to all knowledge workers by enabling them to integrate visual communications and desktop-based collaboration tools into their normal workflow process. The result is an immediate impact on the bottom line. Higher Impact and Focus Videoconferencing can help an organization inject higher impact into their meetings and conference calls, especially when compared to an audio-only meeting. Higher impact during meetings translates into shorter, more effective meetings with minimal workflow disruption. Studies have shown that videoconferencing meetings tend to be shorter than in-person meetings, leading to less wasted time. Competitive Advantage Using videoconferencing can give a company a competitive advantage. For
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