Video Conferencing Lets You Leave Unnecessary Business Trips

Video conferencing lets you leave unnecessary business trips

With the development trend of global economic integration, the most effective strategy for enterprise development is to open up new markets. According to relevant investigations, compared with companies that focus on the domestic market, export-oriented companies have achieved faster operating income and profit growth for the second consecutive year. Developing new markets is a mature growth route, but it also faces many challenges. The most important one is business travel, followed by local supervision and risk management.

When you inform a busy official manager and ask him to visit another country on a regular basis, the news may be unpopular. Business travel pressures increase with age, frequency of travel, and rank. Lost or delayed baggage, poor quality of the Internet connection or no signal, a series of problems involving long-distance flights in the economy class and late transportation problems plagued business travel, making it less efficient.

At the same time, the company’s financial staff will complain, the route price will increase by 2.5%, the hotel price will increase by an average of 3.5%, the car rent will increase close to 6%, and the cost increase will be enough to make the financial staff crazy. The key is that this increase doesn’t see any decrease. the trend of. Are all business trips impossible? Given the hardships and costs of a business trip, do companies really need to increase their business travel to gain overseas business growth? The answer is no.

Exploring new markets is undoubtedly necessary for the development of the company, but business travel is not necessary. In the past, we were restricted by remote communication barriers and had to conduct frequent business trips; but today, we have today’s most advanced communication tool—video conferencing. Many of our business trips are completely replaceable. Videoconferencing is not only an effective means to reduce business travel expenses, but also helps companies improve the status of corporate communications.

At the same time, video conferencing can bring other advantages, such as reducing office costs by promoting telecommuting. Can also expand the company can recruit talent: According to a survey, 79% of respondents said that video conferencing to replace travel can encourage postpartum women to return to work.

Another way to reduce business travel is to set up an office or branch office in the local area, and recruit local talents, because the expatriate talents will encounter various difficulties and cause the business to fail. A global CEO survey showed that 70% of CEOs said that they plan to mainly recruit local talent as long as the market needs them. Only 17% said they plan to deploy personnel across regions.

Although this method has reduced business travel, it also brings with it managerial problems. How to effectively manage local branches is an urgent problem for enterprises. A high-quality videoconferencing system similar to the US source can solve these problems, share, edit, and label multiple types of documents; audio, video, and text interact in multiple ways; multiple audio and video, and desktop sharing; plus Various auxiliary functions, such as recording, name, grouping, and electronic voting, can be said to be convenient and simple to use.

While looking ahead to exploring new market opportunities, companies may wish to examine their own business travel status. Is it really necessary to go on a business trip? Can we replace it with a video conference? Can we rely more on local talents instead of allowing expatriate managers to fly around to solve all problems? This will not only save costs, but also improve corporate performance.