Business Objectives:
- To assist a Sales Manager and a particular salesperson who needs
"coaching" possibly on key sales or just to survive, or
- To assist a CEO who wants to provide a "useful perk" to board
members or "key executives" who work at a distance from the
corporate office by reducing commute costs and wasted travel times, or
- To assist a Product Development Manager working with a particular vendor
on a key new product
Business Benefits:
- Reduce travel and commute costs
- Speed product sales and product development cycle times
- Improve quality of communications
- Speed delivery of training and coaching
- Improve overall quality of meetings and training
Current Scenario:
2-hour weekly meeting/training sessions with a 1-hour 50-mile commute each
way (a common Southern California or any Big City scenario).
Proposed Video Conferencing Solution:
Give a PC/Laptop with a good Webcam to
each person with LAN, Cable, DSL or Wi-Fi internet access.
Financial Payoff from Proposed Solution:
A detailed cost benefit spreadsheet has been prepared to calculate the return
on investment for the system, assuming a 50% reduction in the number of meeting
trips and typical corporate costs and expenses in the USA. The results are:
|
Net
Monthly Savings |
|
|
|
$465 |
per month |
|
Breakeven: |
|
|
|
2 |
months |
|
Savings
over 5 years: |
|
|
|
$26,792 |
|
|
Net
Present Value - at a |
10.0% |
interest
rate |
$18,225 |
|
|
Internal
Rate of Return: |
|
|
508% |
per year |