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MASTERING MEETING ROOM SOFTWARE METRICS : A PRACTICAL GUIDE FOR CIOS AND IT LEADERS
Encouraging a metrics-driven mindset will help to create a culture of continuous improvement , according to Ed Morgan , COO , DisplayNote . Here he offers his practical advice for capturing these essential metrics and three action points to help you get started on your journey towards meeting room software mastery .
In 1969 , when Apollo 11 successfully landed on the moon , it was a testament to the power of mastering metrics . The mission relied on precise calculations and measurements for trajectory , fuel consumption and life support systems to ensure the safety of the astronauts and the success of their lunar landing . Just as meticulous attention to metrics was essential for that historic mission , mastering meeting room software metrics is crucial for organisations aiming to enhance collaboration and productivity in today ’ s fast-paced business environment .
Capturing key metrics ROI
This metric is used to evaluate the financial efficiency of your investment in meeting room software . Calculating the Return-On-Investment ( ROI ) can
To kick-start your journey towards meeting room software mastery , follow these three essential action points .
help you demonstrate the value of your investment to stakeholders and justify future spending .
To calculate the ROI of your meeting room software , consider the following steps :
• Identify direct and indirect costs : Direct costs may include software licensing fees , hardware expenses and IT support , while indirect costs could encompass employee training and time spent on setup and maintenance .
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