Meetings could actually cost a lot for the company. This is a fact overlooked by many managers and thus over expense occurs. The standard expense according to an article by Betsy Bondurant entitled “Getting Started with Standard Meetings Management Programs” estimates about 1% to 3% of the total company’s revenue. The numbers may seem low but if given worth of a big company worth 100 billion, the expense on meetings would be 1 to 3 billion. This huge loss on meetings expenses drives the motivation for setting up strategic management programs. To start off a successful strategic program ...
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Dining-in is an opportunity for members to gather at official military functions to recognize an individual’s or a unit’s achievements, to honor one or more distinguished guests or to say goodbye to the retiring members and welcome new ones. It is a “formal dinner for the participants of a wing, unit or organization” (qt. in OPNAVINST, 1). The event follows the lively pattern of dining-ins held by units during the World War II. Apart from food and beverages, the event may also include a time for entertainments after the formal program of awards and speeches. Addition to ...
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