Meeting effectiveness program optimization
View Patent ↗A method and system of developing an event designed to appeal to prospective attendees associated with an event-owner. First and second different events are defined as a function of modeled values and defined attributes having values corresponding to collected preferred values. The event-owner compares the first reward program to the second reward program as a function of the weighted prospective attendee preferred values and selects and implements one of the events based on the provided comparison.
1. A computer implemented method of developing an event designed to appeal to prospective attendees associated with an event-owner, said method executed by at least one processor, said method comprising:
receiving by the processor one or more attributes of an event to be developed and preferred values of the attributes, wherein said preferred values of the attributes are collected from a survey completed by a plurality of the prospective attendees;
modeling by the processor the collected prospective attendee preferred values to generate weighted prospective attendee preferred values for the attributes;
building by the processor a user interface decision support tool from the weighted prospective attendee preferred values, wherein said user interface decision support tool is configured to simulate the prospective attendees' preference for subsequently developed events;
defining by the processor a first event as a function of a set of attributes and a first set of attribute values received from the event-owner that correspond to the set of attributes;
defining a second event as a function of the set of attributes and a second set of attribute values received from the event-owner that correspond to the set of attributes, wherein for at least one attribute the corresponding attribute value of the first set is different from the corresponding attribute value of the second set;
displaying by the processor for the event-owner the first and second events; and
providing by the processor via the user interface decision support tool a numeric comparison for the event-owner of the first event to the second event as a function of the weighted prospective attendees preferred values, said numeric comparison quantifying the prospective attendees' preference for the first event to that of second event;
receiving by the processor breakout session preferences from a plurality of the prospective attendees utilizing Q-sort surveying;
analyzing by the processor the collected breakout session preferences to determine one or more of the following for potential breakout sessions: the reach of the breakout sessions, frequency of the breakout sessions, and overlap of the breakout sessions.
2. The method of claim 1 , further comprising:
generating by the processor a survey that is a choice-based conjoint experiment;
presenting by the processor the survey to the plurality of prospective attendees to gather data from the prospective attendees; and
analyzing the data through hierarchical Bayesian multinomial logit.
3. The method of claim 1 , wherein the user interface decision support tool is a conjoint simulation tool which simulates choices among multiple event designs.
4. The method of claim 1 , wherein TURF (Total Unduplicated Reach & Frequency) analysis is conducted on the breakout session preferences to determine one or more of the following for potential breakout sessions: the reach of the breakout sessions, frequency of the breakout sessions, and overlap of the breakout sessions.
5. The method of claim 1 , wherein the break session preferences relate to one or more of the following: the content of the breakout session, the format of the breakout session and the speaker type of the breakout session.