Virtual Business Trips: Traveling the World without the Jet Lag

1 . Virtual meetings will have to become the norm for businesses in the coming future to offset the losses suffered in terms of travel time expenses and exertion by executives . Face to face meetings do have their specific advantages which cannot be replaced by virtual meetings but they can be relied on if virtual meetings provide for the final framework of signing deals and taking final decisions . The biggest advantage of virtual meetings is the huge financial savings in the face of rising hotel and travel bills which can be result in more

effective workers who become more productive as compared to the conventional face to face meetings especially in the current scenario of increasing exertion levels and high costs

2 . Most businesses hesitate to use web conferencing primarily because of the presumed risks of losing on privacy when private and confidential matters have to be discussed . Face to face meetings ensure a personal touch in communication that further pave the way for forging new relationships in business and amongst the team members . It is felt that new relationships are better managed with face to face meetings Moreover , in competitive situations deals can be better closed since face to face contact is more effective in matters where commercial transactions and demonstrations are involved . However with the advancement of technology , the fear and risk of security leaks is gradually fading away and there is immense advantage in opting for video conferencing which now incorporate presentations and documents in...