Exhibition News June 2019 | Page 13

International single preferred growth channel, or development path, we use a multi-channel growth policy,” he said. “We’re active in 20 countries, we serve roughly 15 industries with more than 200 events - we have to adapt to each market and situation. If we want to keep strong, entrepreneurial DNA alive within a structured company that means that we are always looking for constant balance between strategy and opportunity.” Mary Larkin Glocalisation - a US perspective Day one also saw a panel discussion featuring Gabrielle Weiss, publisher and editor, Trade Show Executive, Mary Larkin, executive vice president, Diversified Communications, Cassandra Farrington, co- founder and CEO, Marijuana Business Daily and president at Anne Holland Ventures and Dianna Steinbach, vice president – international Services for ISSA. The focus of the discussion was the move by US organisers, who historically focused on national events, to a more international view for new launches. Steinbach described her business’ growth strategy: “The way we’ve been growing has been through mergers and acquisition within our industry, both from associations and from events, as well as joint ventures in some cases with local partners. “Our format is to evaluate what makes the best business sense, almost every one of our expansions and acquisitions has had its own structure based on the local market or the players we were talking with.” Exhibitions 2.0 On day two of the conference, Denzil Rankine of AMR International took to the stage to discuss the next stage in the evolution of exhibitions. Rankine spoke about challenging elements of the historical exhibitions model, and wondered whether there could be a new way to approach them. “This is an industry that hasn’t been in a hurry to make changes compared, for example, to retail,” he said. “But we are now coming into a time of unprecedented pressure and change.” Rankine mentioned some of the giants of the exhibition world – CEBIT and Interbike – which have closed their doors over the past year. He pointed out the huge importance of delighting attendees. “We don’t want the concept of hostages, or people who have to go because they have to go,” he explained “It is possible to make more money while delighting your customers. But we have to be very careful to make sure we’re not just taxing them by saying, ‘here’s a service you pay for but you don’t value’.” EN Robert Peston Denzil Rankine June — 13