Transcript of "Charisma Productions Gazette Volume 2 Issue 5"
Charisma Productions GazetteVolume 2, Issue 5 May 2010The Importance of Meetings Don’t Believe the Snow Job theand Incentive Programs in a Facilities Give YouDown Economy Back By Popular DemandPenny Wise and Pound Foolish Mandatory Usage of In-house AVCharisma Productions Network Charisma Productions NetworkHistorically, incentive programs and meetings have Have you ever put together an event or meeting andbeen the early victims of economic downturns. In the used a facility? Did you need AV for your event? Didcurrent economy it has impacted the industry; there are the facility tell you that it is was mandatory to use theirreports of cancellations, delayed plans, and general in-house AV? Well, guess what? That’s a “snow job”cutbacks. With that as background, it is wise to restate the facilities use to make even more money fromthe need for continued use of incentives and meetings unknowing planners. Most facilities use private AVeven if on a somewhat contained basis. companies that have negotiated with the facility to provide service. What does this mean? Basically itSome managers react to these situations by means that the AV company provides an estimate of allimmediately cutting all “unnecessary” expenses without the equipment that you request and labor needed tolooking at bottom line impact. “Unnecessary” becomes complete the task.a very subjective evaluation. Others assess the value When your company sends the facility an RFP theyof each program before deciding the reasonable course have to make a profit on AV equipment and labor asof action. well. In order for them to make their profit, an extraThere are now numerous studies that show a very 40% - 60% is added to your cost on top of thedefinite relationship between motivation, the work equipment and labor rates. Let’s face it, they’re inenvironment, and bottom line profits. Satisfied workers business, like everybody else to make a profit.produce at a higher, more efficient rate. The In-house AV services charge you 40%-60% more thanmanagement dictum that employees are satisfied just a production company. Why? Because they haveto have a job in difficult times has long been disproven. contracted with facilities and they have to pay theKeeping employees and customers satisfied especially facility to be there. So, for example, a power surgein difficult times is the basis of reaping healthy profits. protector that you need in a conference room, can cost up as much as $50 per day compared to a using an continued on page 2 outside AV production company which usually includes power strips and A/C cables at no charge. What a difference!INSIDE THIS ISSUE After making numerous calls in the past months and hearing companies say that the facility they are utilizing1 The Importance of Meetings and Incentive Programs in has told them that it is mandatory that they use their in- a Down Economy house AV, I found the need to inform planners that this is not true! You don’t need to utilize in-house AV. As a1 Don’t Believe the Snow Job the Facilities Give You matter of fact, by doing so, you will have a MUCH higher AV bill than utilizing a production company. Not3 From Our IT Department only will you get a much lower AV bill, but you will also get more personalized service.4 Recommended Private Jet Company Also, by utilizing an outside production company you get a project manager that only works on your event.5 Recipe of the Month Whereas using the in-house company, they are there for the whole facility and the response time is very6 Linked In Monthly Surveys slow. On average the response time for an in-house AV service is 7 minutes as compared to an outside production company, working only for your company, of 1.25 minutes. Newsletter 1 continued on page 3
continued from page 1Incentive Programs in Down Economy programs are designed to offer incentive and motivation in employees and increasing the overallKeeping your employees engaged and giving them the performance of the company. An incentive programfeeling of being part of the team and appreciated will is a great way to show employees that you valuehelp them with the mental stress and will improve their their input while at the same time increasing youroutlook. An employee with a positive attitude is just as business potential.contagious in improving morale in the workplace as adisgruntled employee is in destroying morale.In the book, “Contented Cows Give Better Milk”, theauthors compared business results of companiesconsidered employers of choice with a comparablegroup of Fortune 500 companies. (An employer ofchoice is a company that is primarily people-driven.)Although the Employers of Choice had about 1/3 of therevenue of the others at the start of the study, over a10-year period (one that included a recession), they: Outperformed the latter about four to one in revenues, Increased net income 202% vs. 139%, Roughly doubled the net income of the latter group, Added 79,000 jobs while the latter LOST 61,000 jobs.The point: simply that a motivated, committed workforce --- one that continues to be recognized byincentive programs that reward excellent performance--- continues to achieve growth while others stagnate.Using these programs correctly is a competitiveadvantage, especially under difficult economicconditions. Measuring the success of incentiveprograms and meetings – whether return oninvestment (ROI) or return on objectives (ROO) or Push the Big Red Button and Contactanything else – is the best way to show the value. Charisma Productions Network to helpMeasurement as a tool for planners and businessleaders is essential at all times. It addresses you with your next Incentive Program orrequirements of the Sarbanes-Oxley Act, the need to Meetingdemonstrate results to management, and, often, thejustification for one’s job.Both incentive suppliers and corporate planners saythat they are increasingly asked for data related tomeasuring program results. ROI analysis also helps acompany determine the impact of an incentiveprogram across the entire operation, something that iscrucial to avoiding long-term problems.According to the MPI Foundation, “…ROI is THEsingle most important tool for a meeting professional.In today’s economy, with more and more meetingprofessionals answering to their Procurement office,the emphasis on ROI has never been more important.”Employee Incentive Programs reward exceptionalemployees for reaching work goals, achievingmilestones or simply doing a good job. These types of Newsletter 2
continued from page 1From Our IT Department Snow Job When you give an RFP to a facility, they may come within your budget, but if you’re not careful and don’t read the fine print, you may get caught “holding the bag”. Every time you make a change, no matter how small, you will be charged extra. At the end of the event, when you get your final bill you’ll find surprise back-end service charges, local and city taxes, labor charges, that you weren’t expecting. So the next time you begin planning and choosing your facility, make sure the facility can accommodate the number of your attendees and rooms needed for your meetings. Also be sure they can put this in writing and that they will not do double booking for the sameIn order to optimize your computer it is recommended meeting rooms in your allotted time frame, because,that on a weekly basis you review and delete all you must remember, any changes made, big or small,unneeded files and programs that you do not utilize will be done at your cost.on a regular basis. One important question to ask is if they are a union orAfter a clean-up you should always de-fragmentize non-union facility. This can bring on even moreyour system. You do this by: charges because union facilities have higher labor 1. Go into your control Panel rates. 2. Find the Administrative tools icon. Double Most importantly remember always send your RFP click on it. with your budget constraints out to bid. Get at least 3 3. Find the Computer Management icon. bids, one being your facility, and see who can, not Double click on it. only, stay within the restraints of your budget, but can 4. On the left hand side find the Disk also provide you with the service that you would like to Defragmenter icon and double click on it. have. This is not going to cost you extra. Bids on This will begin your defragmenting process and RFP’s are at no charge to you. will tell you when the program completes. After this your computer should run smoother. Newsletter 3
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From Our Executive Chef, Gustavo CastanoInside-Out Chicken Cordon Bleu 3 tablespoons apricot jam ½ teaspoon chopped fresh thyme Kosher salt and freshly ground pepper 4 6-ounce skinless, boneless chicken breasts 1 cup shredded Swiss cheese (about 3 ounces) 8 thin slices black forest ham 5 tablespoons extra-virgin olive oil 1 shallot, minced ½ teaspoon Dijon mustard 2 tablespoons white wine vinegar 2 cups baby greensDirections: Mix the jam, thyme, salt and pepper to taste in a bowl. Lay out a long piece of plastic wrap on a cutting board. Place the chicken on half of the plastic wrap and then fold the remaining plastic wrap to cover the top of the chicken breast and pound the chicken to about ¼ inch thickness. Uncover the chicken breasts and brush half of the jam mixture evenly on top of each breast. Mound a quarter of the cheese on each piece of chicken, then wrap 2 slices of ham around each breast to cover the cheese. Heat 2 tablespoons olive oil in a medium nonstick skillet over medium-high heat. Add the chicken and cook until golden and crisp, 3 to 4 minutes. Turn and cook on the other side until cooked through but still moist, 3 to 4 more minutes. Meanwhile, whisk the shallot, mustard, vinegar and the remaining jam mixture in a medium bowl. Slowly whisk in the remaining 3 tablespoons olive oil to make a smooth dressing. Place each piece of chicken on a plate and drizzle with a small amount dressing. Toss the greens with the remaining dressing; serve with the chicken. Enjoy.Prep and Cook time: 25 minutesServes 4 Newsletter 5
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Thank You for Your SupportWe wish to thank our readers and our clients for their support and feedback helping to continually grow the CharismaProductions Network. We look forward to another successful year in 2010 as we continue to grow and provide youwith successful stress-free events.We appreciate hearing from all of you and strive to improve our articles and hope to have something for everyone atone point or another. Please send us suggestions for topics you would like to read about or if you have an article thatyou would like to share we’ll be happy to post it.: Please send all comments to: firstname.lastname@example.org Charisma Productions Network A Geoff Andrews Company 805-241-0566 www.charismaproductionsnetwork.com email@example.com Newsletter 7