Steps towards measuring the ROmI of your meeting
The steps towards mesuring the ROmI of your meeting:
Aim
The aim and substance of the conference is discussed with the venue operators. Such dialogue is important since conference setups and concepts must be customised to facilitate achieving these aims.
Satisfaction
1st evaluation point: Assessing the satisfaction of participants is the first step in determining the RoMI. Satisfied participants will have benefited more.
Learning
2nd evaluation point: To which degree have participants at the conference achieved new knowledge and found inspiration for new ways of working, etc?
Application
3rd evaluation point: How is this new knowledge applied? Follow-up assessment of how new knowledge has been applied.
Benefit
4th evaluation point: Assessing the benefit of doing things differently, e.g. achieving enhanced product quality or efficiency, greater professionalism or job satisfaction, etc.
Result
The compiled data will form the basis of a RoMI assessment, which in turn will lead to further learning before the next scheduled conference.
The ROI Methodology
The Meetovation Return on meeting Investment concept is based on The ROI Methodology deveolpped by EVENT ROI Institute. Learn more about The ROI Methodology here ... (PDF)