The following is a guest blog from meeting design expert John Nawn.
Since I started working on MPI’s Business Value of Meetings research with Bill Voegeli of Association Insights, I’ve been wracking my brain for an explanation as to why our industry has such an aversion to measurement.
In 2011, The Economic Significance of Meetings to the U.S. Economy study found that the U.S. meeting industry directly supports 1.7 million jobs, $263 billion in spending, a $106 billion contribution to GDP, $60 billion in labor revenue, $14.3 billion in federal tax revenue and $11.3 billion in state and local tax revenue.
Yet hardly a single conference or meeting owner can tell us what they’re getting for their “investments.” It boggles my mind. How can this be?
It all makes me think of Dr. Brené Brown, who delivered a keynote presentation recently at IMEX America. Her message needs to be heard. It’s the kind of message that stops you in your tracks, makes you sit up and take notice, listen. Brown talks about the role emotions play, consciously and unconsciously, in the everyday decisions we make (think: emotions such as fear, shame and vulnerability, as well as characteristics such as courage, authenticity and integrity). It’s these darker emotions—these shadow emotions—that are at the root of why we as an industry haven't embraced measurement as a means of answering the question of why meetings matter.
It’s like we’re living in a collective state of denial that undermines our professional credibility and handicaps our abilities to drive the change and innovation that organizations are so desperate for today.
If we really want to change our behavior and begin measuring what’s worthy of being measured, we’re going to have to acknowledge these emotional barriers. The encouraging findings from MPI’s first white paper, The Business Value of Meetings: Perception vs. Reality, were that 1) organizations are defining the business “value” of meetings broadly, not just in financial terms and 2) organizations are finding a few key metrics to focus on that actually work for them.
The broad definition of value is worth noting because meetings have a variety of tangible and intangible outcomes. “But just because it’s hard to quantify,” notes one CFO from our study, “doesn’t mean it can’t be measured.” The fact that some organizations are successfully measuring the business value of their meetings demonstrates that it’s actually possible.
Perception vs. Reality identifies a number of false assumptions about measurement that meeting stakeholders and professionals make.
- Because measurement is so complicated, we’re bound to fail at it.
- Because we can’t define objectives for why we’re meeting, we can’t really measure success.
- Because measurement costs too much in time and resources, we’re not going to even try.
Now contrast these with the benefits of measurement cited by meeting professionals who have persevered under the same conditions.
- Because we defined our objectives, we run much more efficient meetings.
- Because we measure meaningful outcomes, we can better defend our budgets.
- Because we focus on results, we contribute more value to our stakeholders.
The difference in attitude couldn’t be any clearer. The decisions we make every day, such as the decision to measure the business value of a meeting or not, are driven by our emotions. We make excuses like those above based on our underlying emotions. The challenge is to make sure the right emotions are behind our decisions.
Here’s an exercise that might help you understand your underlying emotions regarding measuring the business value of your meetings. Ask yourself the following question.
“Why don’t I measure the business value of my meeting?”
Keep asking yourself why to each answer you come up with until you get to the underlying emotion behind your decision. The more honest you are with yourself, the less time this takes. Let me know what you come up with. You see, it’s time meeting stakeholders, professionals and even attendees showed real courage and leadership when it comes to measuring the business value of meetings.
After all, courage is simply the willingness to be afraid…and act anyway.
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JOHN NAWN is founder of experiential design firm,
www.ThePerfectMeeting.com, which is focused on optimizing the meeting attendee experience. He is a leading authority on meeting design, the future of meetings and related topics.
