Skift Take
Fact-finding missions for the C-suite that blend business travel, experiential meetings and insider knowledge. What's not to like?
Future of Work
As organizations start to embrace distributed work and virtual meetings, the corporate travel and meetings sectors are preparing for change. Read Skift’s ongoing coverage of this shift in business travel behavior through the lens of both brands and consumers.
A San Fransisco-based advisory firm is seeing more company bosses and their entourages embark on fact-finding trips around the world to gain better business insights.
From keeping up with artificial intelligence trends to managing economic turbulence — or even snooping around for startups — the world is fast-changing and organizations are looking for an edge, according to Neal Hansch CEO, managing partner at Silicon Foundry.
Hansch describes these types of trips as executive treks. “With the world opening back up, we’re seeing more executive and C-suite teams doing executive treks to Silicon Valley,” he said. “They want to come and see what’s the latest, what’s the buzz.” Silicon Foundry, which also runs a co-working hub in San Francisco, is welcoming its “members” from Sydney, Dubai and Sao Paulo alone in February and March.
Corporations aren't holding back on investing in new technologies, or spending on research and development, despite volatile market conditions according to analytics company GlobalData.
In its latest Company Filings Analytics – Trends & Signals report it found companies were continuing to engage in discussions surrounding potential investments as well.
“In line with the constantly evolving consumers’ needs and preferences, companies are actively seeking to adapt to emerging technologies and remain attuned t