I’m sure many of you have been watching news reports about the missing Malaysian Airlines 777. This is a real-life situation that is incredibly tragic, especially for the families anxiously awaiting news about their loved ones on board that flight. Recently, a leading Asian media publication astutely asked me questions about SMMP and how this incident was a perfect example of why companies and senior leaders need to institute an SMMP. Remember there were many Asian nationals on board that plane, including about 20 Freescale Semiconductor employees, and that immediately exemplifies why having a separate meetings and events policy — from your corporate travel policy — is so important.
Just as corporate travel policies provide guidelines for the maximum number of employees, executives and contractors allowable per flight, guidelines on how many employees and executives can travel on a single flight to attend a conference, trade show or company-wide meeting must also be clearly articulated in a corporate meetings policy. Losing your precious human capital and senior executives could result in financially catastrophic consequences. Your company’s future strategies could also be in jeopardy if you lose key senior executives in a single flight.
If you still don’t have a meetings and events policy, you are behind the eight ball; don’t procrastinate any further. Let the search for MH370 be a reminder that time is ticking and you want to be prepared and ready for a tragic event like this, not scrambling to figure out what to do. For more on Risk Mitigation, Duty of Care and other best practices, read these additional blog posts: