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Free Management Dissertations - Some Of The Major Benefits Derived From Video-conferencing Include, But Are

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Some of the major benefits derived from video-conferencing include, but are not limited to cost savings in travel, accommodation, staff time, greater and enhanced communication amongst employees at distant locations, and between suppliers and customers. (Video Conferencing UK, 2005)
The Growing Importance of Video-Conferencing In the Face of Global Events
As also briefly outlined in the opening paragraphs, it is the access to information and knowledge that has enabled individuals and organizations to stay abreast of their nearest competitors, an aspect that is true for businesses an academia alike. Simply put, a business organization cannot remain competitive if it does not have access to advance information in its respective industry; similarly a teacher cannot impart education/training to its pupils if he/she remains behind latest set of researches and information about their respective subjects. Acknowledging the fact that the present day era in fact comprises of a networked environment, the importance of video-conferencing takes on truly dynamic dimensions. This is all the more true in the face of global events which can leave a devastating effect on the local and international economy, and upon which no individual, organization or country can command any measure of control.
Examples of such global events that have shattered economies, devastated entire countryside’s, and left a trail of human misery and loss of property include the tragic events of September 11, the SARS (Severe Acute Respiratory Syndrome) virus of South East Asia, the devastating tidal waves of Tsunami destroying precious life and property from Island of Maldives in South East Asia to the shores of Dar-es-Salaam in the East African country of Tanzania. It is events such as stated in the preceding lines which makes the importance of communication tool of video-conferencing ever more critical in the present day environment.
The need for information technology tools such as video-conferencing is further precipitated in view of the diverse nature of our societies across the globe, which in turn give rise to political, economic, and social risks, the threat of global diseases, terrorism including bio-terrorism either or all of which then pose a significant challenge not only to the productivity and economics of a nation, but to the individuals and organizations across the globe as well. Just as the significant nature of advances in medical research that have triggered a revolution in the treatment and care of variety of diseases, the revolution in information technology has accomplished similar results, providing and collecting crucial data and information from every corner of the globe and atmosphere for the general benefit of global populations.


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