Your Competitive Advantage in a Global Market
Business travel has traditionally sat in an unusual spot—in between an operational expense and an investment. In the decade or so that I’ve worked in business travel, HBR and Egencia have had countless conversations with customers on the best way to approach corporate travel: to manage or not to manage? A cost to be minimized or a strategic investment in the company? Happy employees or happy chief financial officer?
The lack of data and insights about the strategic value of business travel has been a challenge. But getting to the core of this and truly understanding the impact of each and every business trip can make the difference between a good year and a great five to 10 years.
Unlocking business value in corporate travel exists today. Companies with a strong travel culture have well-managed travel programs in place that save them money and help their businesses scale and grow. Any company looking to safeguard its competitiveness should start with business travel.
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