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GETTING “BUY IN”
for

STRATEGIC MEETINGS
MANAGEMENT PROGRAMS
(SMMP)
APRIL 24, 2013
Bios

Mark Hubrich, SignUp4
• Vice President of Client and Industry Relations
• Technology entrepreneur with over 13 years of software development
• Guest lecturer on meetings technology at Univ. of North Carolina

Charlotte & Kennesaw State University
• Meeting Industry Ambassador with GaMPI
©Your Corporate Source, Inc.2013
2
WHAT DOES “BUY IN” IMPLY?
 CONVINCING YOUR STAKEHOLDERS

 CHANGING WAYS

 GAINING APPROVAL & SUPPORT
©Your Corporate Source, Inc.2013
3
HOW IS “BUY IN” DEFINED?
‘In management and decision making, buy-in
signifies the commitment of interested or affected
stakeholders to support a decision, often by being

involved in the formulation.’

Source: Wikipedia
©Your Corporate Source, Inc.2013
4
WHO NEEDS TO “BUY IN”?
 EXECUTIVE SPONSORS
 MEETING SPONSORS
 MEETING & EVENT PLANNERS
 MEETING ATTENDEES
 FINANCE
 PROCUREMENT
 LEGAL
 RISK MANAGEMENT
©Your Corporate Source, Inc.2013
5
15 DOS & DON’TS
OF
GETTING “BUY IN”

©Your Corporate Source, Inc.2013
6
SOCIALIZE IN
ADVANCE
ACROSS THE
ORGANIZATION.

©Your Corporate Source, Inc.2013
7
SOCIALIZING SMM

 LEARN UNIQUE
STAKEHOLDER NEEDS
 IDENTIFY PAIN POINTS
 WHERE
POSSIBLE, RESOLVE
ISSUES
 LISTEN! LISTEN! LISTEN!
©Your Corporate Source, Inc.2013
8
ASSEMBLE AN
ADVISORY
COUNCIL JOINTLY
RESPONSIBLE
FOR THE
INITIATIVE.

©Your Corporate Source, Inc.2013
9
ASSEMBLE AN ADVISORY COUNCIL

 ESTABLISH BUSINESS
REQUIREMENTS
 ADDRESS CONCERNS
 AGREE ON POLICY
 CONSENSUS ON
BUSINESS MODEL
 ONGOING SUPPORT
©Your Corporate Source, Inc.2013
10
EDUCATE
YOURSELF &
LEARN FROM
OTHERS.

©Your Corporate Source, Inc.2013
11
EDUCATING & LEARNING

 JOIN & GET ACTIVE IN
INDUSTRY ASSOCIATIONS
 FOLLOW UPDATES IN THE
MARKETPLACE
 READ, ABSORB, QUESTION
 DRAW ON THE
EXPERIENCE OF OTHERS
©Your Corporate Source, Inc.2013
12
PROPOSE A
STAGED
APPROACH THAT
IS REALISTIC.

©Your Corporate Source, Inc.2013
13
TAKE A STAGED APPROACH

 BEGIN WITH GETTING THE
MEETINGS REGISTERED
 PROCUREMENT REVIEW OF
CERTAIN CONTRACTS
 STANDARD FORM OF
PAYMENT
 USE OF PREFERRED
SUPPLIERS
©Your Corporate Source, Inc.2013
14
ESTABLISH &
MAINTAIN
FREQUENT
COMMUNICATION
ACROSS THE
ENTERPRISE.
©Your Corporate Source, Inc.2013
15
COMMUNICATE EFFECTIVELY

 ESTABLISH EXPECTATIONS
FOR PERIODIC UPDATES
 BE CLEAR & CONCISE
 ENCOURAGE FEEDBACK &
DISCUSSION
 KNOW YOUR AUDIENCE

©Your Corporate Source, Inc.2013
16
BE REALISTIC IN
PROJECTING YOUR
TIMELINES.

©Your Corporate Source, Inc.2013
17
CAREFULLY PLAN YOUR TIMELINES

 BE REALISTIC
 CONSULT THOSE WHOSE
DELIVERABLES ARE SEPARATE
FROM YOURS
 BUILD IN TIME FOR
UNEXPECTED DELAYS
 CONSIDER THE IMPACT OF
VACATIONS & HOLIDAYS
©Your Corporate Source, Inc.2013
18
BUDGET & GET
APPROVAL FOR
TIME, RESOURCES
& EXPENSES.

©Your Corporate Source, Inc.2013
19
PROPOSE A BUDGET ALLOCATION

 PROJECT MANAGER
 ADDITIONAL INTERNAL &
EXTERNAL RESOURCES
 EDUCATION
 TECHNOLOGY
 TRAVEL

©Your Corporate Source, Inc.2013
20
ASSESS YOUR
MOST VIABLE
DATA SOURCES TO
ESTIMATE ANNUAL
EXPENSES.

©Your Corporate Source, Inc.2013
21
IDENTIFY YOUR BEST DATA SOURCES

 ACCTS. PAYABLE/CREDIT
CARDS/PROCUREMENT/
FINANCE/TRAVEL/PURCHASE
ORDERS
 OFFLINE DATA FROM
INTERNAL GROUPS
 SUPPLIER REPORTS
 INDUSTRY BENCHMARKS
©Your Corporate Source, Inc.2013
22
SET REALISTIC
EXPECTATIONS.

©Your Corporate Source, Inc.2013
23
PROJECTING THE RESULTS

 BE CONSERVATIVE
 GIVE THE PROGRAM TIME TO
OPERATE & STABILIZE
 ESTABLISH REALISTIC
EXPECTATIONS
 PROJECT A 3 - YEAR VIEW

©Your Corporate Source, Inc.2013
24
BALANCE THE
BENEFITS OF
ENHANCED
QUALITY, VALUE, C
OSTS, & RISKS.

©Your Corporate Source, Inc.2013
25
OVERALL PROGRAM VALUE

 RISK MITIGATION
 CROSS-FUNCTIONAL
COLLABORATION
 LEVERAGING COSTS &
CONCESSIONS WITH
PREFERRED SUPPLIERS
 STREAMLINING OPERATIONS
WITH TECHNOLOGY
©Your Corporate Source, Inc.2013
26
ARTICULATE THE
BENEFITS CLEARLY
AND CONCISELY.

©Your Corporate Source, Inc.2013
27
REPORT CLEARLY & CONCISELY

 KNOW YOUR AUDIENCE
 CHECK & RE-CHECK YOUR
FACTS
 MAKE IT EASY TO FOLLOW
 HAVE A COMPELLING STORY

©Your Corporate Source, Inc.2013
28
LINK IT TO
OVERALL
BUSINESS
GOALS, TOP &
BOTTOM LINE
GROWTH &
PROFITABILITY.

©Your Corporate Source, Inc.2013
29
ALIGN WITH BUSINESS GOALS

 TIE THE PROGRAM TO TOP &
BOTTOM LINE GOALS
 INCREASED SHAREHOLDER
VALUE
 COMPETITIVE EDGE
 OPERATIONAL EXCELLENCE

©Your Corporate Source, Inc.2013
30
DEMONSTRATE
CONFIDENCE &
KNOWLEDGE, WIT
H ACCURATE &
MEANINGFUL
DATA.
©Your Corporate Source, Inc.2013
31
DEMONSTRATE A CLEAR PLAN

 EXHIBIT A BROAD PLANNING
PERSPECTIVE
 DISPLAY THOROUGH
SCOPING
 SPECIFY CRITICAL CONCERNS
 BE READY TO ANSWER
TOUGH QUESTIONS WITH
CONFIDENCE
©Your Corporate Source, Inc.2013
32
ESTABLISH A
SENSE OF
URGENCY WITH
SOUND
RATIONALE.

©Your Corporate Source, Inc.2013
33
EARN A POSITION OF PRIORITY

 PROVIDE A COMPELLING
RATIONALE TO MOVE
FORWARD
 PROVIDE CONSEQUENCES OF
DELAYING THE PROJECT
 SHOW THE POSITION OF
YOUR COMPETITORS IN THIS
SPACE
©Your Corporate Source, Inc.2013
34
“SELL IT” BASED
ON BUSINESS
OUTCOMES.

©Your Corporate Source, Inc.2013
35
CLOSE THE DEAL

 GENERATE INTEREST &
EXCITEMENT
 GET YOUR STAKEHOLDERS
ENGAGED
 SHOW THEM WHAT’S IN IT
FOR THEM (WIFM)
 GET APPROVAL
©Your Corporate Source, Inc.2013
36
QUESTIONS?

©Your Corporate Source, Inc.2013
37

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Getting “Buy-In” for a Strategic Meetings Management Program (SMMP)

  • 1. GETTING “BUY IN” for STRATEGIC MEETINGS MANAGEMENT PROGRAMS (SMMP) APRIL 24, 2013
  • 2. Bios Mark Hubrich, SignUp4 • Vice President of Client and Industry Relations • Technology entrepreneur with over 13 years of software development • Guest lecturer on meetings technology at Univ. of North Carolina Charlotte & Kennesaw State University • Meeting Industry Ambassador with GaMPI ©Your Corporate Source, Inc.2013 2
  • 3. WHAT DOES “BUY IN” IMPLY?  CONVINCING YOUR STAKEHOLDERS  CHANGING WAYS  GAINING APPROVAL & SUPPORT ©Your Corporate Source, Inc.2013 3
  • 4. HOW IS “BUY IN” DEFINED? ‘In management and decision making, buy-in signifies the commitment of interested or affected stakeholders to support a decision, often by being involved in the formulation.’ Source: Wikipedia ©Your Corporate Source, Inc.2013 4
  • 5. WHO NEEDS TO “BUY IN”?  EXECUTIVE SPONSORS  MEETING SPONSORS  MEETING & EVENT PLANNERS  MEETING ATTENDEES  FINANCE  PROCUREMENT  LEGAL  RISK MANAGEMENT ©Your Corporate Source, Inc.2013 5
  • 6. 15 DOS & DON’TS OF GETTING “BUY IN” ©Your Corporate Source, Inc.2013 6
  • 8. SOCIALIZING SMM  LEARN UNIQUE STAKEHOLDER NEEDS  IDENTIFY PAIN POINTS  WHERE POSSIBLE, RESOLVE ISSUES  LISTEN! LISTEN! LISTEN! ©Your Corporate Source, Inc.2013 8
  • 9. ASSEMBLE AN ADVISORY COUNCIL JOINTLY RESPONSIBLE FOR THE INITIATIVE. ©Your Corporate Source, Inc.2013 9
  • 10. ASSEMBLE AN ADVISORY COUNCIL  ESTABLISH BUSINESS REQUIREMENTS  ADDRESS CONCERNS  AGREE ON POLICY  CONSENSUS ON BUSINESS MODEL  ONGOING SUPPORT ©Your Corporate Source, Inc.2013 10
  • 11. EDUCATE YOURSELF & LEARN FROM OTHERS. ©Your Corporate Source, Inc.2013 11
  • 12. EDUCATING & LEARNING  JOIN & GET ACTIVE IN INDUSTRY ASSOCIATIONS  FOLLOW UPDATES IN THE MARKETPLACE  READ, ABSORB, QUESTION  DRAW ON THE EXPERIENCE OF OTHERS ©Your Corporate Source, Inc.2013 12
  • 13. PROPOSE A STAGED APPROACH THAT IS REALISTIC. ©Your Corporate Source, Inc.2013 13
  • 14. TAKE A STAGED APPROACH  BEGIN WITH GETTING THE MEETINGS REGISTERED  PROCUREMENT REVIEW OF CERTAIN CONTRACTS  STANDARD FORM OF PAYMENT  USE OF PREFERRED SUPPLIERS ©Your Corporate Source, Inc.2013 14
  • 16. COMMUNICATE EFFECTIVELY  ESTABLISH EXPECTATIONS FOR PERIODIC UPDATES  BE CLEAR & CONCISE  ENCOURAGE FEEDBACK & DISCUSSION  KNOW YOUR AUDIENCE ©Your Corporate Source, Inc.2013 16
  • 17. BE REALISTIC IN PROJECTING YOUR TIMELINES. ©Your Corporate Source, Inc.2013 17
  • 18. CAREFULLY PLAN YOUR TIMELINES  BE REALISTIC  CONSULT THOSE WHOSE DELIVERABLES ARE SEPARATE FROM YOURS  BUILD IN TIME FOR UNEXPECTED DELAYS  CONSIDER THE IMPACT OF VACATIONS & HOLIDAYS ©Your Corporate Source, Inc.2013 18
  • 19. BUDGET & GET APPROVAL FOR TIME, RESOURCES & EXPENSES. ©Your Corporate Source, Inc.2013 19
  • 20. PROPOSE A BUDGET ALLOCATION  PROJECT MANAGER  ADDITIONAL INTERNAL & EXTERNAL RESOURCES  EDUCATION  TECHNOLOGY  TRAVEL ©Your Corporate Source, Inc.2013 20
  • 21. ASSESS YOUR MOST VIABLE DATA SOURCES TO ESTIMATE ANNUAL EXPENSES. ©Your Corporate Source, Inc.2013 21
  • 22. IDENTIFY YOUR BEST DATA SOURCES  ACCTS. PAYABLE/CREDIT CARDS/PROCUREMENT/ FINANCE/TRAVEL/PURCHASE ORDERS  OFFLINE DATA FROM INTERNAL GROUPS  SUPPLIER REPORTS  INDUSTRY BENCHMARKS ©Your Corporate Source, Inc.2013 22
  • 24. PROJECTING THE RESULTS  BE CONSERVATIVE  GIVE THE PROGRAM TIME TO OPERATE & STABILIZE  ESTABLISH REALISTIC EXPECTATIONS  PROJECT A 3 - YEAR VIEW ©Your Corporate Source, Inc.2013 24
  • 25. BALANCE THE BENEFITS OF ENHANCED QUALITY, VALUE, C OSTS, & RISKS. ©Your Corporate Source, Inc.2013 25
  • 26. OVERALL PROGRAM VALUE  RISK MITIGATION  CROSS-FUNCTIONAL COLLABORATION  LEVERAGING COSTS & CONCESSIONS WITH PREFERRED SUPPLIERS  STREAMLINING OPERATIONS WITH TECHNOLOGY ©Your Corporate Source, Inc.2013 26
  • 27. ARTICULATE THE BENEFITS CLEARLY AND CONCISELY. ©Your Corporate Source, Inc.2013 27
  • 28. REPORT CLEARLY & CONCISELY  KNOW YOUR AUDIENCE  CHECK & RE-CHECK YOUR FACTS  MAKE IT EASY TO FOLLOW  HAVE A COMPELLING STORY ©Your Corporate Source, Inc.2013 28
  • 29. LINK IT TO OVERALL BUSINESS GOALS, TOP & BOTTOM LINE GROWTH & PROFITABILITY. ©Your Corporate Source, Inc.2013 29
  • 30. ALIGN WITH BUSINESS GOALS  TIE THE PROGRAM TO TOP & BOTTOM LINE GOALS  INCREASED SHAREHOLDER VALUE  COMPETITIVE EDGE  OPERATIONAL EXCELLENCE ©Your Corporate Source, Inc.2013 30
  • 31. DEMONSTRATE CONFIDENCE & KNOWLEDGE, WIT H ACCURATE & MEANINGFUL DATA. ©Your Corporate Source, Inc.2013 31
  • 32. DEMONSTRATE A CLEAR PLAN  EXHIBIT A BROAD PLANNING PERSPECTIVE  DISPLAY THOROUGH SCOPING  SPECIFY CRITICAL CONCERNS  BE READY TO ANSWER TOUGH QUESTIONS WITH CONFIDENCE ©Your Corporate Source, Inc.2013 32
  • 33. ESTABLISH A SENSE OF URGENCY WITH SOUND RATIONALE. ©Your Corporate Source, Inc.2013 33
  • 34. EARN A POSITION OF PRIORITY  PROVIDE A COMPELLING RATIONALE TO MOVE FORWARD  PROVIDE CONSEQUENCES OF DELAYING THE PROJECT  SHOW THE POSITION OF YOUR COMPETITORS IN THIS SPACE ©Your Corporate Source, Inc.2013 34
  • 35. “SELL IT” BASED ON BUSINESS OUTCOMES. ©Your Corporate Source, Inc.2013 35
  • 36. CLOSE THE DEAL  GENERATE INTEREST & EXCITEMENT  GET YOUR STAKEHOLDERS ENGAGED  SHOW THEM WHAT’S IN IT FOR THEM (WIFM)  GET APPROVAL ©Your Corporate Source, Inc.2013 36