The benefits of Virtual AGM, or as it is more commonly known, the Annual General Meeting, have been debated for some time now. Many questions that were raised at the previous AGMs regarding the format and content have been answered in this latest webcast.
In essence, the change over was a positive one because industry experts that are new to the industry and attend these annual general meetings can gain a greater understanding of the key issues facing the industry, and how best to resolve those issues.
This change also helped many industry professionals that had attended previous AGMs but had been unable to attend due to location or other constraints, be able to attend and benefit from the knowledge gained.
The benefits of Virtual AGM, or annual general meeting live webcasting, has come at a time when many industry participants are under pressure to increase productivity, cut costs, and maximize profit.
New strategies and options are being introduced as companies try to cut costs and increase profit margins while remaining efficient and profitable. In addition to many of the changes, the fact that the general public can attend the meeting online makes the virtual AGM even more advantageous.
This is because webcasting allows attendees to view the event and all of the key minutes to live, which is often not the case with traditional AGMs.
As a result, more customers can participate in the process, which can only mean better business, as well as greater engagement for participants, and ultimately a more positive experience for all attendees.
While there are several benefits of virtual AGM, the most notable aspect is the increased efficiency and productivity provided by the process.
With a greater number of attendees being able to participate in the meetings and webcast, the amount of time that can be spent on any important action or decision during the meeting is significantly increased.