Intelligent CIO Europe Issue 66 | Page 78

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• Quantify benefits : Assess the tangible and intangible benefits of the software , such as reduced travel expenses , improved productivity and enhanced collaboration .
• Calculate the ROI : Subtract the total costs from the total benefits and divide the result by the total costs . Multiply this figure by 100 to obtain the ROI percentage .
Meeting efficiency
This metric measures the overall effectiveness of your meetings in terms of agenda completion , decisionmaking and problem-solving . High meeting efficiency rates indicate that your meeting room software is facilitating productive discussions and helping teams reach their objectives .
To measure meeting efficiency , consider implementing the following practices :
• Establish clear objectives : Before each meeting , set specific , measurable , attainable , relevant and time-bound ( SMART ) goals .
• Monitor agenda completion : Track the percentage of agenda items completed during each meeting .
• Evaluate decision-making : Assess the effectiveness of problem-solving and decisionmaking during meetings by reviewing the quality and timeliness of decisions made .
Remote work enablement
This metric measures the extent to which your meeting room software supports remote work and distributed teams . High remote work enablement rates indicate that your software is effectively bridging the gap between in-person and remote collaboration .
To gauge remote work enablement , consider these strategies :
• Analyse connectivity and accessibility : Measure the percentage of remote employees who can seamlessly connect to the meeting room software and access all necessary resources .
• Survey remote / hybrid employee satisfaction : Regularly collect feedback from remote employees regarding their experiences with the software and its impact on their productivity and collaboration .
• Track remote work productivity : Monitor key performance indicators ( KPIs ) for remote
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