For Inspiration and Savings, Some Firms Now Meet at Other Companies' Offices
When Spartan Motors Inc. CEO John Sztykiel met with his executive team this past fall, he drove to a conference room at manufacturer Peckham Inc., 26 miles away.
It is an offbeat tactic that the chief executive has devised for saving money and generating new ideas: holding meetings at other companies' offices.
Other executives have had the same idea in recent months.Managers at companies including specialty-vehicle maker Spartan and utility giant Duke Energy Corp. say the change of scene encourages creativity and lets employees pick up smart ideas from other companies.
At some companies, the practice grew out of the recession, but executives plan to keep doing it as the economy improves. It can be thousands of dollars cheaper than conducting off-site meetings at hotels or rented venues.
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