The key to developing a good strategy is to ask yourself “where do you want to be in five years?” and then making choices necessary to drive towards this future. While I really can’t predict the shape of business travel in 2015, I do think that the face of this business will change, and change dramatically, if the prevailing trends in technology, travel and traveler behavior continue. Specifically there are three technology themes I see as changing both how and what we deliver to our clients; personalized traveler centric servicing, more sophisticated data capture, and travel alternatives.
Traveler Is King: More Traveler Choices Enabled through Technology
I believe that individual traveler needs will come to the forefront in driving the design of our solutions. This traveler centric focus will be driven by several factors. First - mobile technology has improved to the point that we can identify where the traveler is and where he is going to be - and to send him context relevant, rich content to improve both his travel experience, and the cost effectiveness of his travel. As the airlines unbundle content we can also find better and more efficient ways of serving up this content to the traveler that don't require waiting in the queue to purchase at the airport. Second, as the travel experience gets more fraught with challenges, due to contracting capacity, security concerns, etc - our job will be to offset these disturbances by providing real time data and alternatives to the traveler to maximize her productivity on the trip - if we can prevent her ever leaving the office to go to the airport to catch a delayed or even cancelled flight, we've had a major impact on both his productivity and quality of life. Third, younger travelers are more savvy with technology than people of my era (I'm giving nothing away here -but lets just say there was no computer on my desk when I started working) - and we need to build servicing that not only keeps up with their expectations but takes advantage of their higher level of sophistication to provide a better experience for them and more cost savings for their employers.
Market Intelligence: More Isn't Better, Better is Better
Data has come a long way in this industry from the days where we worried about quality, completeness and timliness, again in accordance improvements in technology. As we build better, smarter, web service based applications we can more seamlessly provide data back through intelligent and efficient search technologies. These platforms, along with improvements in both travel and expense management technology, should allow for the first time for us to provide data, benchmarking and consulting that get not just at the spend related to the categories we've booked directly for our clients but the total trip spend, from door to door. The enhanced data sets will also inform more intelligent choices by our clients in how to manage their travel - to know which travel is related to building their business and which travel is optional - and to move closer to a world where they can calculate an ROI on their travel and meetings programs.
Good Travel Management May Mean Not Recommending Travel
Finally, I think travel alternatives will provide meaningful replacements for the first time to actually arriving in person. The newest versions of telepresence technology provide a much enhanced experience for the user, and are starting to approximate an in person experience. As service providers, our ability to provision and book this kind of technology for our travelers, and to identify trips that would be ideal to switch to telepresence needs to be a core part of the service we provide. We should be driving penetration of this technology even though it cannibalizes our traditional services, because it ultimately best fulfills what our customer needs. Clearly it will never replace fully the need to spend time face to face, it is a viable and necessary complement to travel. All in all we need to adapt and change as the technology and the travelers change. We could continue to optimize what we have done traditionally (and we do - because we still believe that having terrific offline servicing is the point of entry to even be in the business) but to quote Edward de Bono, "Removing the faults in a stage coach may produce a perfect stage coach, but it is unlikely to produce the first motor-car". What we do will continue to change, and with it we will also change.