The Guardian on Thursday highlighted a pressure campaign to get Microsoft to cap business travel emissions at 2020 levels. Supported by several organizations, including the Aviation Environment Federation, Carbon Market Watch and Stay Grounded, the #justuseteams initiative features video clips of young people pleading with the corporation to limit business travel’s contribution to climate change….
Cloud tech company Dropbox has never recorded an annual profit, but margins are up since 2019 thanks to remote work, layoffs and savings on travel and events. The company is betting everything on remote work. It didn’t just reorient its products to better serve customers working virtually. Execs also expect “significant” financial improvements by subleasing…
As the co-founder and CEO of Groupize, Alisa de Gaspe Beaubien knows a thing or two about technology facilitating travel and meetings management. She makes the case that integrating such technology throughout the enterprise is becoming more important as the very nature of work and workplaces experiences rapid evolution. The corporate travel market has traditionally…
Industry thinker Scott Gillespie of tClara is focused on determining which trips are and aren’t worthwhile. He advocates using a scalpel rather than a sledgehammer to cut away unjustified travel, and avoiding the trap of greenlighting trips only when employees go see customers. Nobody knows what travel budgets should be in 2021, but we do…
Recent coverage in mainstream publications gave the casual observer the impression that business travel might be dead. Here’s a sub-headline in Fortune this month: “The end of business travel?” The U.K.’s Telegraph in January asked, “Have Covid and Zoom killed business travel?” A BBC News podcast this week followed with, “Could the all-expenses-paid business trip…
It’s often said that companies saved money on trips not taken during the pandemic — as though they had a choice — and didn’t suffer much. But some outcomes show how not traveling can take a toll on operations, revenue generation and due diligence. Travel restrictions “severely limited” a clinical trial for pharmaceutical company BrainStorm…
Steven A. Altman is the director of the DHL Initiative on Globalization at NYU Stern’s Center for the Future of Management, where Phillip Bastian is a research scholar. Their article is republished here with permission as part of our licensing program. We welcome your comments below. Cross-border flows plummeted in 2020 as the Covid-19 pandemic…
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