Association Event Network October 2016 | Page 8

Knowledge 8 October 2016 Why we need know-how Carina Bauer, CEO of the IMEX Group, explains how destinations’ areas of expertise are now the key differentiator for association meeting planners Among the most important factors when choosing an event location are infrastructure, accessibility and value for money. But is that really everything? Planners are increasingly looking beyond the venue and infrastructure requirements - the leisure appeal and logistics associated with the host destination are no longer the key currency. They are now considering the wider community and its relevant areas of expertise so they can tap into and benefit from an environment that complements and enhances their event. Relevance is the keyword. A destination with relevant expertise within the association’s sector can offer real added value to organisers. For example, around 190 organisations from the Hamburg metropolitan region are members of the Renewable Energy Cluster Hamburg (EEHH) founded in 2011. This network aims to pool the competencies of firms and research institutes and to promote co-operation in the sector. Experts and institutions in the host communities can be an invaluable resource as speakers, participants, exhibitors or sponsors. There can also be the opportunity to look behind the scenes with site visits to key companies within the sector. Tapping into these resources creates new business connections and the opportunity to exchange experience. For the destination, the event then brings long-term value to the local economy. The impact of an association event, of course, CN-10-16-AEM.indd 8 resonates throughout the destination with delegates (and potentially their families) spending on accommodation, dining and other activities. However, this is short term. The impact of association events on the host destination extends well beyond benefiting the visitor economy and showcasing the destination. When planning and evaluating events, tourism gain is no longer the key consideration. It’s about focusing on the role events play in driving real growth. International association events provide an opportunity for the experts based in that destination to share their knowledge on the world stage, creating a global platform for local talent. These events also have the capacity to influence policy, inspire innovation and boost knowledge transfer – which in turn feeds into the broader growth strategies of the destination. They can encourage collaboration between the destination and worldwide partners, and provide huge potential for inward investment to industries, universities and research institutes. That’s why many destinations, such as Australia, Dubai and Germany, now place their areas of expertise at the heart of their marketing campaigns. Matthias Schultze, managing director of the German Convention Bureau (GCB), confirmed this at the opening ceremony of IMEX in Frankfurt this year, stating that ‘no knowledge means no meeting’. Areas of expertise are now one of the key differentiators between destinations. Many destination marketing organisations and convention bureaux are now redeveloping their messages to align with their expertise – identifying these areas of expertise and then bidding for relevant events. There is much to gain from this approach. Stuart Ayres, minister for trade, tourism and major events for New South Wales, and keynote at the Politician’s Forum at IMEX in Frankfurt this year, said events had the ability to change policy settings in countries. “They have the capacity to bring innovation into our cities, into our states, but they also provide the opportunity for our innovators, for our thinkers, for our creative people to get on the world stage,” he said. Events bring together intellectual capital to share, invent and innovate, building relationships that can deliver 22/09/2016 14:39