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Building A Global City -
  The Role of Business Events
    Business Events Sydney


 June 6th 2011
     Rohit Talwar
  CEO – Fast Future
rohit@fastfuture.com


                       Image source: embunpagi2009.files.wordpress.com
Convention 2020
•   Global strategic foresight study to help the meetings industry prepare for
    the decade ahead - Industry-wide sponsors
•   Multiple outputs Nov 2009 – December 2011
•   Recent survey on issues / strategies / business models for 2011 & 2015
Future Convention Cities Initiative
•   Cities that want to be at the leading edge of delivering business events
•   Focus on maximising long term economic benefit of events
•   Research, sharing of expertise and best practices
•   Meet four time a year
Destination Priorities 2011




        Find       Use web /social    Prioritise key
differentiators in media more to         events,
    the face of     promote the      industries and
      intense        destination     associations to
   competition                            target
Destination Strategies 2015




   Show ROI for                                           Show longer                      More
      event                                             term contribution                extensive
 owners/delegates                                         to economic                   data mining
                                                          development

Image sources: kylinetradeshowtips.com / dirtcheapgeo.com /backtothefuturetrading.com
The Opportunity
       • Conventions and
         Trade Shows are
         a multi-billion
         industry
       • Major contributor
         to knowledge
         exchange and
         business
         creation
       • But
Image sources: annieandyiannis.com / img.ibtimes.com
Growth is not Guaranteed




Image source: Piper Report
Global Competition is Growing




                   Thinking is Back in Fashion
Image source: Einstein.yu.edu
To win we Must Focus
                                 ‘Beyond Tourism’




Image source: asiatravel.com
ICCA Rankings - Subject Areas




The opportunity is to maximise knowledge transfer and value creation in
                    the key industries of the future
Seoul         Sydney
    Durban




   San                                    London
Francisco




            Abu Dhabi           Toronto
FCCI - Primary Research Activities

         Point Research
         and Knowledge
            Sharing




       Competitive Advantage                            Thought Leadership
            Research                                        Activities
Image sources: blogspot.com / innovaction-group.com /
The FCCI research agenda is
           focussed on the following value
                creation objectives




Image source: sparkplugging.com
Drive Economic Growth and
                         Job Creation




Image source: extlogics.files.wordpress.com
Maximising Sales Revenues




     Exhibitors / Delegates   Local
      Sponsors              Businesses
Image source: wadefinancial.co.uk
Maximising Knowledge Sharing
            through Business Events




Image source: library.nhs.uk
Business Innovation and
                     Performance Improvement




Image sources: ifgfunding.com
Showcasing Local Capability




Image sources: nanotech.sc.mahidol.ac.th / blogs.dickinson.edu/mindmeetsmatter
Leveraging Existing Infrastructure
          and Encouraging New Investment




Image source: directforeigninvestment.net
Nurturing New Ventures and
       Accelerating Emerging Industries




Image sources: teamaltman.com /
echnologylodging.com / picturesofcar.blogspot.com
Promoting Innovation and
   Driving Research and Development




Image source: ache2.asset-cache.net
Entering New Networks,
         Partnerships and Collaborations




Image source Tallberg Foundation
Awareness and Awards




Image source abclady.com
Which all contribute to




Image source tutpr2u.net
                           Job Creation
Citywide Alignment - London
Business Tourism Steering Group
 Senior group of industry figures with an interest in
 developing London’s global events business, across
 hotels, venues, transport, retail, corporate, agency, local
 government
 Research on client perceptions of the destination
 Comparative study into competitor destinations
 Industry Forums
 Clearer understanding reached of a joined-up approach
 Recommendations and future approach
Leveraging Sporting Legacy

          2015                      2016*                     2017                     2018
  • Rugby World Cup           • NFL Super Bowl          • World Athletics        • FIFA World Cup
  • Women’s Football          • World Hockey            Champs                   • Youth Olympic Games
  World Cup                   Champions Trophy          • Solheim Cup (Ladies’   • FIBA World Basketball
  • Amateur Boxing            • European Athletics      Golf)                    Champs
  World Champs                Champs                    • Hockey Euronations     • FINA Water Polo
  • World Masters             • Table Tennis World      • IPC World Swimming     World Cup
  Athletics Champs            Cup                       Champs (25m;             • Track Cycling World
  • World Disabled            • LEN European            Disability)              Cup
  Badminton Champs            Swimming Champs           • Track Cycling World
  • World Team                • Track Cycling World     Cup
  Badminton Champs            Champs
  • FINA Diving World
  Series
  • IPC European
  Swimming Champs
  • European Junior
  Athletics Champs
  • European Team             *Olympic Year – may
  Athletics Champs            limit event feasibility




Image source: London & Partners
Abu Dhabi – 30 Year Vision
•    Building an open, efficient, effective and
     globally integrated business environment
•    Adopting a disciplined fiscal policy that is
     responsive to economic cycles
•    Establishing a resilient monetary and
     financial market environment
•    Driving significant improvement in the
     efficiency of the labour market
•    Developing a sufficient and resilient
     infrastructure
•    Developing a highly skilled, highly
     productive work force
•    Enabling financial markets to become the
     key financiers of economic sectors and
     projects

Image source: redfiloeventarchitechts.blog.com
Abu Dhabi – Key Sectors
•    Education
•    Energy and Environment
•    Healthcare
•    Petrochemicals, Oil and Gas
•    Pharmaceuticals
•    IT, Telecoms + Communications
•    Transportation and Logistics
•    Construction
•    Culture
•    Food industry
•    Manufacturing and Infrastructure
•    Security and Defense
•    Tourism


Image source: flickr.com
Abu Dhabi – Infrastructure
• Health – Cleveland Clinic Abu
  Dhabi bringing high quality
  medicine
• Education – In Abu Dhabi
  branches of Yale University,
  Sorbonne, New York
  University and new Zayed
  University
• Masdar City – World first zero
  carbon, zero waste and car
  free city
• Science and Technology
• A new surface transportation
  Master Plan

Image source: mobilebillboardfranchise.com
Advantage Abu Dhabi
• A three-year Abu Dhabi Tourism Authority
  initiative aimed at catalysing and seeding
  innovative and viable business events
  aligned to the Abu Dhabi Government’s
  2030 Economic Plan

• Aimed at International Conferences and
  Exhibitions

• AAD Recipient:
How de we Shape the Future?




Image source: oytun.co.uk
Drive Citywide Co-ordination




Image source: masternewmedia.org
City Welcome




Image source: Australiantravelclub.co.uk
Sector and Country Targeting




Image source: prwatch.org
Ambassador Programmes




Image sources: conventionedinburgh.com / visitbrighton.com
Authentic Experiences




Image sources: dailymail.co.uk /digitaljournal.com
Conclusion –
         Location is not a Limiting Factor
• New economic era
• Too important to mess up
• A co-ordinated city-wide
  approach is critical
• Sector is a key facilitator of
  economic development


               Ambition, Vision and Passion
                       shouldn’t be
Image source: mobilebillboardfranchise.com
Fast Future – Meetings Industry
            Services
• Briefings and workshops for executive
  management and boards of venues, CVB’s and
  associations
• Customised research on trends, technologies
  and new markets
• Development of strategies and business plans
• ‘Deep dives’ on key trends and technology
  developments
• Consultancy and workshop facilitation on
  innovation and new business models
                                                 39
Fast Future
•   Research, consulting, speaking, leadership
•   5-20 year horizon - focus on ideas, developments,
    people, trends and forces shaping the future
•   Clients
     – Industry Associations – ICCA, ASAE, PCMA, MPI
     – Corporates - GE, Nokia, Pepsi, IBM, Intel,
        Samsung, GSK, SAP, Orange, O2, E&Y, KPMG,
        Amadeus, Sabre, Travelport, Travelex, ING,
        Santander, Barclays, Citibank, DeutscheBank
     – Governments - Dubai, Finland, Nigeria,
        Singapore, UK, US
     – Convention Bureaus – Seoul, Sydney, London,
        San Francisco, Toronto, Abu Dhabi, Durban,
        Athens, Slovenia, Copenhagen
     – Convention Centres – Melbourne,
        Adelaide, Qatar, QEIICC
     – Hotels - Accor Group, Preferred,
     – Intercontinental
     – Congrex, Kenes
     – Aeroports de Paris / Schiphol Group
Future Convention Cities Initiative
•   Cities that want to be at the leading edge of delivering business events
•   Focus on maximising long term economic benefit of events
•   Research, sharing of expertise and best practices
•   Meet four time a year
•   Initiated and co-ordinated by Fast Future
Hotels 2020: Beyond Segmentation
             Objectives
• Identify change drivers and
  key success characteristics
  for the globally branded hotel
  sector over the next decade
• Examine the implications for:
  – Hotel strategy
  – Brand portfolio
  – Business models
  – Customer targeting
  – Innovation
Rohit Talwar
•   Global futurist and founder of Fast Future Research.
•   Award winning speaker on future insights and strategic
    innovation – addressing leadership audiences in 40 countries on
    5 continents
•   Author of Designing Your Future – Published 08/2008
•   Profiled by UK’s Independent Newspaper as one of the Top 10
    Global Future Thinkers
•   Led futures research, scenario planning and strategic
    consultancy projects for clients in telecommunications,
    technology, pharmaceuticals, banking, travel and tourism,
    environment, food and government sectors
•   Clients include 3M, BBC, BT, BAe, Bayer, Chloride, DTC De
    Beers, DHL, EADS, Electrolux, E&Y, GE, Hoover, Hyundai, IBM,
    ING, Intel, KPMG, M&S, Nakheel, Nokia, Nomura, Novartis,
    OECD, Orange, Panasonic, Pfizer, PwC, Samsung, Shell,
    Siemens, Symbian, Yell , numerous international associations
    and governments agencies in the US, UK, Finland, Dubai,
    Nigeria, Saudi Arabia and Singapore.
•   To receive Fast Future’s newsletters please email
    rohit@fastfuture.com
Designing Your Future
      Key Trends, Challenges and Choices Facing
          Association and Nonprofit Leaders
• 50 key trends
• 100 emerging trends
• 10 major patterns of change
• Key challenges and choices for
  leaders
• Strategic decision making
  framework
• Scenarios for 2012
• Key futures tools and techniques
• Published August 2008
• Price £49.95 / €54.95/ $69.95
• Email invoice request to
  rohit@fastfuture.com
Our Services
                                    Bespoke research; Identification &
                                    Analysis of Future Trends, Drivers &
                                    Shocks
  Public Speaking, In-
  Company Briefings,                                 Accelerated Scenario
  Seminars and                                       Planning, Timelining &
  Workshops                                          Future Mapping

Personal Futuring for
Leaders and Leadership                               Expert Consultations &
Teams                                                Futures Think Tanks

                                                   Identification of
    Design & Facilitation of                       Opportunities for
    Innovation, Incubation                         Innovation and Strategic
    & Venturing
    Programmes                 Strategy Creation & Investment
                               Development of
                               Implementation
                               Roadmaps
Example Projects
•   Public and private client research e.g. :
     – Convention 2020 – the Future of Business Events
     – Future Convention Cities Initiative – Maximising Long-term Economic Impact of Events
     – One Step Beyond – Future trends and challenges for the events industry
     – Hotels 2020: Beyond Segmentation – Future Hotel Strategies
     – The Future of Travel and Tourism in the Middle East – a Vision to 2020
     – Future of Travel and Tourism Investment in Saudi Arabia
     – Aviation and Airports e.g. Aviation 2030
     – Scenario Projects – Migration 2030, Future of Narcotics, Chemical Sector, Family 2030
     – Scenarios for the global economy for 2030 and the implications for migration
     – Designing Your Future (Published August 2008) – book written for the American Society
         of Association Executives & The Center for Association Leadership
     – Global Economies – e.g. The Future of China – the Path to 2020
     – The Shape of Jobs to Come – Emerging Science and Technology Sectors and Careers
     – Winning in India and China
•   Strategic advice to industry players
•   Confidential advisory and coaching services to CEOs and top teams
•   Public speaking at public conferences and in-company events
•   Future thinking workshops and retreats
Example Clients

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Rohit Talwar Building A Global City - The Role of Business Events - Sydney 06 06 11

  • 1. Building A Global City - The Role of Business Events Business Events Sydney June 6th 2011 Rohit Talwar CEO – Fast Future rohit@fastfuture.com Image source: embunpagi2009.files.wordpress.com
  • 2. Convention 2020 • Global strategic foresight study to help the meetings industry prepare for the decade ahead - Industry-wide sponsors • Multiple outputs Nov 2009 – December 2011 • Recent survey on issues / strategies / business models for 2011 & 2015
  • 3. Future Convention Cities Initiative • Cities that want to be at the leading edge of delivering business events • Focus on maximising long term economic benefit of events • Research, sharing of expertise and best practices • Meet four time a year
  • 4. Destination Priorities 2011 Find Use web /social Prioritise key differentiators in media more to events, the face of promote the industries and intense destination associations to competition target
  • 5. Destination Strategies 2015 Show ROI for Show longer More event term contribution extensive owners/delegates to economic data mining development Image sources: kylinetradeshowtips.com / dirtcheapgeo.com /backtothefuturetrading.com
  • 6. The Opportunity • Conventions and Trade Shows are a multi-billion industry • Major contributor to knowledge exchange and business creation • But Image sources: annieandyiannis.com / img.ibtimes.com
  • 7. Growth is not Guaranteed Image source: Piper Report
  • 8. Global Competition is Growing Thinking is Back in Fashion Image source: Einstein.yu.edu
  • 9. To win we Must Focus ‘Beyond Tourism’ Image source: asiatravel.com
  • 10. ICCA Rankings - Subject Areas The opportunity is to maximise knowledge transfer and value creation in the key industries of the future
  • 11. Seoul Sydney Durban San London Francisco Abu Dhabi Toronto
  • 12. FCCI - Primary Research Activities Point Research and Knowledge Sharing Competitive Advantage Thought Leadership Research Activities Image sources: blogspot.com / innovaction-group.com /
  • 13. The FCCI research agenda is focussed on the following value creation objectives Image source: sparkplugging.com
  • 14. Drive Economic Growth and Job Creation Image source: extlogics.files.wordpress.com
  • 15. Maximising Sales Revenues Exhibitors / Delegates Local Sponsors Businesses Image source: wadefinancial.co.uk
  • 16. Maximising Knowledge Sharing through Business Events Image source: library.nhs.uk
  • 17. Business Innovation and Performance Improvement Image sources: ifgfunding.com
  • 18. Showcasing Local Capability Image sources: nanotech.sc.mahidol.ac.th / blogs.dickinson.edu/mindmeetsmatter
  • 19. Leveraging Existing Infrastructure and Encouraging New Investment Image source: directforeigninvestment.net
  • 20. Nurturing New Ventures and Accelerating Emerging Industries Image sources: teamaltman.com / echnologylodging.com / picturesofcar.blogspot.com
  • 21. Promoting Innovation and Driving Research and Development Image source: ache2.asset-cache.net
  • 22. Entering New Networks, Partnerships and Collaborations Image source Tallberg Foundation
  • 23. Awareness and Awards Image source abclady.com
  • 24. Which all contribute to Image source tutpr2u.net Job Creation
  • 25.
  • 26. Citywide Alignment - London Business Tourism Steering Group Senior group of industry figures with an interest in developing London’s global events business, across hotels, venues, transport, retail, corporate, agency, local government Research on client perceptions of the destination Comparative study into competitor destinations Industry Forums Clearer understanding reached of a joined-up approach Recommendations and future approach
  • 27. Leveraging Sporting Legacy 2015 2016* 2017 2018 • Rugby World Cup • NFL Super Bowl • World Athletics • FIFA World Cup • Women’s Football • World Hockey Champs • Youth Olympic Games World Cup Champions Trophy • Solheim Cup (Ladies’ • FIBA World Basketball • Amateur Boxing • European Athletics Golf) Champs World Champs Champs • Hockey Euronations • FINA Water Polo • World Masters • Table Tennis World • IPC World Swimming World Cup Athletics Champs Cup Champs (25m; • Track Cycling World • World Disabled • LEN European Disability) Cup Badminton Champs Swimming Champs • Track Cycling World • World Team • Track Cycling World Cup Badminton Champs Champs • FINA Diving World Series • IPC European Swimming Champs • European Junior Athletics Champs • European Team *Olympic Year – may Athletics Champs limit event feasibility Image source: London & Partners
  • 28. Abu Dhabi – 30 Year Vision • Building an open, efficient, effective and globally integrated business environment • Adopting a disciplined fiscal policy that is responsive to economic cycles • Establishing a resilient monetary and financial market environment • Driving significant improvement in the efficiency of the labour market • Developing a sufficient and resilient infrastructure • Developing a highly skilled, highly productive work force • Enabling financial markets to become the key financiers of economic sectors and projects Image source: redfiloeventarchitechts.blog.com
  • 29. Abu Dhabi – Key Sectors • Education • Energy and Environment • Healthcare • Petrochemicals, Oil and Gas • Pharmaceuticals • IT, Telecoms + Communications • Transportation and Logistics • Construction • Culture • Food industry • Manufacturing and Infrastructure • Security and Defense • Tourism Image source: flickr.com
  • 30. Abu Dhabi – Infrastructure • Health – Cleveland Clinic Abu Dhabi bringing high quality medicine • Education – In Abu Dhabi branches of Yale University, Sorbonne, New York University and new Zayed University • Masdar City – World first zero carbon, zero waste and car free city • Science and Technology • A new surface transportation Master Plan Image source: mobilebillboardfranchise.com
  • 31. Advantage Abu Dhabi • A three-year Abu Dhabi Tourism Authority initiative aimed at catalysing and seeding innovative and viable business events aligned to the Abu Dhabi Government’s 2030 Economic Plan • Aimed at International Conferences and Exhibitions • AAD Recipient:
  • 32. How de we Shape the Future? Image source: oytun.co.uk
  • 33. Drive Citywide Co-ordination Image source: masternewmedia.org
  • 34. City Welcome Image source: Australiantravelclub.co.uk
  • 35. Sector and Country Targeting Image source: prwatch.org
  • 36. Ambassador Programmes Image sources: conventionedinburgh.com / visitbrighton.com
  • 37. Authentic Experiences Image sources: dailymail.co.uk /digitaljournal.com
  • 38. Conclusion – Location is not a Limiting Factor • New economic era • Too important to mess up • A co-ordinated city-wide approach is critical • Sector is a key facilitator of economic development Ambition, Vision and Passion shouldn’t be Image source: mobilebillboardfranchise.com
  • 39. Fast Future – Meetings Industry Services • Briefings and workshops for executive management and boards of venues, CVB’s and associations • Customised research on trends, technologies and new markets • Development of strategies and business plans • ‘Deep dives’ on key trends and technology developments • Consultancy and workshop facilitation on innovation and new business models 39
  • 40. Fast Future • Research, consulting, speaking, leadership • 5-20 year horizon - focus on ideas, developments, people, trends and forces shaping the future • Clients – Industry Associations – ICCA, ASAE, PCMA, MPI – Corporates - GE, Nokia, Pepsi, IBM, Intel, Samsung, GSK, SAP, Orange, O2, E&Y, KPMG, Amadeus, Sabre, Travelport, Travelex, ING, Santander, Barclays, Citibank, DeutscheBank – Governments - Dubai, Finland, Nigeria, Singapore, UK, US – Convention Bureaus – Seoul, Sydney, London, San Francisco, Toronto, Abu Dhabi, Durban, Athens, Slovenia, Copenhagen – Convention Centres – Melbourne, Adelaide, Qatar, QEIICC – Hotels - Accor Group, Preferred, – Intercontinental – Congrex, Kenes – Aeroports de Paris / Schiphol Group
  • 41. Future Convention Cities Initiative • Cities that want to be at the leading edge of delivering business events • Focus on maximising long term economic benefit of events • Research, sharing of expertise and best practices • Meet four time a year • Initiated and co-ordinated by Fast Future
  • 42. Hotels 2020: Beyond Segmentation Objectives • Identify change drivers and key success characteristics for the globally branded hotel sector over the next decade • Examine the implications for: – Hotel strategy – Brand portfolio – Business models – Customer targeting – Innovation
  • 43. Rohit Talwar • Global futurist and founder of Fast Future Research. • Award winning speaker on future insights and strategic innovation – addressing leadership audiences in 40 countries on 5 continents • Author of Designing Your Future – Published 08/2008 • Profiled by UK’s Independent Newspaper as one of the Top 10 Global Future Thinkers • Led futures research, scenario planning and strategic consultancy projects for clients in telecommunications, technology, pharmaceuticals, banking, travel and tourism, environment, food and government sectors • Clients include 3M, BBC, BT, BAe, Bayer, Chloride, DTC De Beers, DHL, EADS, Electrolux, E&Y, GE, Hoover, Hyundai, IBM, ING, Intel, KPMG, M&S, Nakheel, Nokia, Nomura, Novartis, OECD, Orange, Panasonic, Pfizer, PwC, Samsung, Shell, Siemens, Symbian, Yell , numerous international associations and governments agencies in the US, UK, Finland, Dubai, Nigeria, Saudi Arabia and Singapore. • To receive Fast Future’s newsletters please email rohit@fastfuture.com
  • 44. Designing Your Future Key Trends, Challenges and Choices Facing Association and Nonprofit Leaders • 50 key trends • 100 emerging trends • 10 major patterns of change • Key challenges and choices for leaders • Strategic decision making framework • Scenarios for 2012 • Key futures tools and techniques • Published August 2008 • Price £49.95 / €54.95/ $69.95 • Email invoice request to rohit@fastfuture.com
  • 45. Our Services Bespoke research; Identification & Analysis of Future Trends, Drivers & Shocks Public Speaking, In- Company Briefings, Accelerated Scenario Seminars and Planning, Timelining & Workshops Future Mapping Personal Futuring for Leaders and Leadership Expert Consultations & Teams Futures Think Tanks Identification of Design & Facilitation of Opportunities for Innovation, Incubation Innovation and Strategic & Venturing Programmes Strategy Creation & Investment Development of Implementation Roadmaps
  • 46. Example Projects • Public and private client research e.g. : – Convention 2020 – the Future of Business Events – Future Convention Cities Initiative – Maximising Long-term Economic Impact of Events – One Step Beyond – Future trends and challenges for the events industry – Hotels 2020: Beyond Segmentation – Future Hotel Strategies – The Future of Travel and Tourism in the Middle East – a Vision to 2020 – Future of Travel and Tourism Investment in Saudi Arabia – Aviation and Airports e.g. Aviation 2030 – Scenario Projects – Migration 2030, Future of Narcotics, Chemical Sector, Family 2030 – Scenarios for the global economy for 2030 and the implications for migration – Designing Your Future (Published August 2008) – book written for the American Society of Association Executives & The Center for Association Leadership – Global Economies – e.g. The Future of China – the Path to 2020 – The Shape of Jobs to Come – Emerging Science and Technology Sectors and Careers – Winning in India and China • Strategic advice to industry players • Confidential advisory and coaching services to CEOs and top teams • Public speaking at public conferences and in-company events • Future thinking workshops and retreats