As presented by Howard Givner, US MD of Grass Roots Meetings & Events, at Connect Marketplace in August 2017.
If you'd like to discuss how to apply any of these concepts to your upcoming event, please email us; we're happy to help.
About Grass Roots
Grass Roots operate Meetings & Events services from key locations in London, New York, Dusseldorf, Zurich and Singapore.
As specialists in strategic meetings management, attendee management and event services, they work with three of the Big Four professional services firms; nine of the top 15 investment banks and many other global organizations.
Grass Roots Meetings & Events manage over $190m worth of meeting spend, drive compliance within organizations and focus on improving the performance of meetings and events programs.
Visit https://grassroots.events
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Disruptions Facing the Event Industry - August 2017
1. Disruptions Facing the Meetings &
Events Industry
Howard Givner
Managing Director, Head of Americas
Grass Roots Meetings & Events
2. @GrassRootsM&E_USA @hgivner
Overview
2
1. Defining disruption.
2. Why people/companies get disrupted.
3. Types of disruption facing our industry:
a. Economics
b. Politics/security
c. Technology
d. Experiential
4. Questions?
5. @GrassRootsM&E_USA @hgivner 5
1. The disruption was their
distribution model
2. Explosion of ‘Innovation Labs’ so
big companies can create their
own disruption.
Unilever Pays $1Billion for Dollar Shave Club
12. @GrassRootsM&E_USA @hgivner 12
Blockbuster passes up
opportunity to buy Netflix
for $50 million in 2000.
Netflix is now $58 billion.
Blockbuster is gone.
Streaming? Who Needs Streaming?
14. @GrassRootsM&E_USA @hgivner
Identifying New Opportunities
1. Which industry standard features should be:
a. Raised
b. Reduced
c. Created
d. Eliminated
2. Result: open waters, less competition
14
17. @GrassRootsM&E_USA @hgivner 42
Of concern to us would be questions
around immigration and trade, and
whether those get communicated in a
way that translates into ‘You’re not
welcome to come into the United
States’
A rise in nationalism threatens the ability
of people to move around the world.
Arne Sorenson, CEO
Marriott International
20. @GrassRootsM&E_USA @hgivner
Impact So Far
Emirates cuts US-bound flights
due to weakened demand.
• Boston, Seattle, LA: 2 >1 daily
• Orlando/FLL 7 > 5 weekly
• 25 total fewer flights / week
45
21. @GrassRootsM&E_USA @hgivner
Impact So Far
NYC & Co.: 400k increase > 300k decrease
46
InternaJonal Visitors to NYC, in Millions
2011 2012 2013 2014 2015 2016 2017
10.6
10.9
11.5
12
12.3
12.7
12.4
10.6
10.9
11.5
12
12.3
12.7
13.1
22. @GrassRootsM&E_USA @hgivner
Security & Guns
47
States with Open Carry of Handguns (with permit) 15
States with Open Carry of Handguns (no permit) 31
States with Open Carry of Long Guns 44
23. @GrassRootsM&E_USA @hgivner
Discriminatory State/Local Laws
1. ‘Bathroom Bills’ (privacy/security driven)
a. North Carolina
b. Texas
2. Religious Freedom Laws
a. Indiana
b. Tennessee
3. Advocacy: Let state reps know how bills affect your biz
48
26. @GrassRootsM&E_USA @hgivner
Growth in Online Learning
What can we do better in person
than online?
• More engaging, interactive
content delivery.
• Facilitating human
connections.
• Create an ‘experience’
67
30. @GrassRootsM&E_USA @hgivner
Wellness / Mindfulness
1.Companies are more
focused on wellness:
meditation, yoga, downtime.
2.Opportunity: Position
meetings as a way to ‘get
away’ / ‘recharge’.
71
Dreamforce