{"id":123,"date":"2009-04-22T16:02:50","date_gmt":"2009-04-22T10:32:50","guid":{"rendered":"http:\/\/pvcpartners.in\/blog\/?p=123"},"modified":"2009-04-22T16:02:50","modified_gmt":"2009-04-22T10:32:50","slug":"business-travel-and-class-distinctions","status":"publish","type":"post","link":"http:\/\/pvcpartners.in\/blog\/?p=123","title":{"rendered":"Business Travel and Class Distinctions"},"content":{"rendered":"<p>Spending policies are being reconsidered by companies, including cutbacks on travel and perks for executives. Some of these cutbacks can create severe dissonance amongst the team.<\/p>\n<p>A good guiding principle is \u201cfrugality\u201d (not stinginess). It is a time tested principle and goes long in building and sustaining an organization&#8217;s culture and values. What does this translate into in terms of the guidelines for senior management and organizational leaders?<\/p>\n<ul>\n<li>Travel as you deem fit for the purpose of that journey &#8211; train, bus, car, air-economy, air-business, air-economy and business (for multiple legs) and combinations that make (common, good) sense.<\/li>\n<li>Travel in a manner that is sustainable &#8211; be conscious of the carbon footprint that it creates and help minimize that.<\/li>\n<li>Be aware of global macros and their outlook in future months and quarters. Take a call which is coherent to what you would like to communicate within and outside of the organization.<\/li>\n<li>Above all: Lead by example across every sphere as leaders of your organization and community at large.<\/li>\n<\/ul>\n<p>If you think this only applies to small companies or start-ups, how about some inspiration from a company with over US$ 3 billion in sales and a team of over 8,000 people? NetApp is #1 on Fortune\u2019s list of the \u201cBest Companies to Work For\u201d.<\/p>\n<p>According to Fortune: What makes it so great? Employee enthusiasm for the legendary egalitarian culture helped catapult NetApp to No. 1 after six years on our list. Typical of its down-to-earth management ethos, NetApp early on ditched a travel policy a dozen \u00adpages long in favor of this maxim: &#8220;We are a frugal company. But don&#8217;t show up dog-tired to save a few bucks. Use your common sense&#8230;&#8230;&#8230;&#8230;&#8230;&#8221;\u00a0<\/p>\n<p>As Fortune states even in these tough times the company has gained market share, hasn&#8217;t laid-off people, and has more than $2 billion in cash in hand.<\/p>\n<p>More at &#8211; <a href=\"http:\/\/money.cnn.com\/magazines\/fortune\/bestcompanies\/2009\/snapshots\/1.html\">http:\/\/money.cnn.com\/magazines\/fortune\/bestcompanies\/2009\/snapshots\/1.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spending policies are being reconsidered by companies, including cutbacks on travel and perks for executives. Some of these cutbacks can create severe dissonance amongst the team. A good guiding principle is \u201cfrugality\u201d (not stinginess). It is a time tested principle &hellip; <a href=\"http:\/\/pvcpartners.in\/blog\/?p=123\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10,3,13,1],"tags":[9,4,121,36,58],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/pvcpartners.in\/blog\/index.php?rest_route=\/wp\/v2\/posts\/123"}],"collection":[{"href":"http:\/\/pvcpartners.in\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/pvcpartners.in\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/pvcpartners.in\/blog\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/pvcpartners.in\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=123"}],"version-history":[{"count":1,"href":"http:\/\/pvcpartners.in\/blog\/index.php?rest_route=\/wp\/v2\/posts\/123\/revisions"}],"predecessor-version":[{"id":124,"href":"http:\/\/pvcpartners.in\/blog\/index.php?rest_route=\/wp\/v2\/posts\/123\/revisions\/124"}],"wp:attachment":[{"href":"http:\/\/pvcpartners.in\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/pvcpartners.in\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=123"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/pvcpartners.in\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}