Companies these days mostly focus on the well-being of their employees. Because, why not? It leads to profitability, employee satisfaction and hence, results out in customer loyalty. While every other organization has these core wants in mind, they mostly slide the main cause under the rug. Here is the tea, managers. The travel culture of your organization can do wonders to your employees.
By increasing the rate of traveling of your organization your employees can get prone towards the associations with clients. Nothing shoots up the trust more than actually seeing the person face to face thus, the travel culture gives you a faster reach on your sales and at the end of the day, the histogram of your maximum profitability goes up. Traveling also gives the international companies a chance to meet or give workshops to their employees as they settle in front of them, all this just by the traveling culture of an organization.
It might not be an alarming result, but when we compare the rise of an organization with big travel culture, to the organization with a low travel culture, you will be in shock to know just how wrong we are getting things done. 15% employee satisfaction noted in the organization with low travel culture, on the other hand, 35% scorching employee satisfaction in the company with big travel culture as surveyed by Harvard Business Review. The list doesn’t stop here, profitability margin reached 47%, with 29% on the company with lower travel culture. Customer loyalty and retention? They show up with a remarkable 50%, while it was of 21% without travel. Last, but not least, the market share went up by 43%, while the companies who don’t focus on their travel culture are left behind by 22%.
This is high time that the organization discern their strategies and think of their travel culture as a way of making progress, and not a cost increasing activity. Grow the traveling diaries of your organization and see it reap with rewards that are both tangible and intangible.