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IMEX Politicians’ Forum
    May 25th 2011
        Rohit Talwar
     CEO – Fast Future
  Executive Director - FCCI
   rohit@fastfuture.com
Transformational Change?
                        It’s Only Just Begun




Image source: creativeclass.typepad.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
Event Management Strategies 2015




     Greater focus                                  Stronger focus      Increased
     on capturing                                          on        emphasis on the
    the knowledge                                   personalization overall ‘meeting
     generated at                                   and maximizing    architecture’ to
       an event                                        individual     ensure delivery
                                                        learning    against objectives
Image sources: gadgetheat.com / msnbcmedia2.msn.com / simonblog.com
Destination Strategies 2015




   Show ROI for                                           Show longer                        More
      event                                             term contribution                  extensive
 owners/delegates                                         to economic                     data mining
                                                          development
Image sources: skylinetradeshowtips.com / dirtcheapgeo.com / backtothefuturetrading.com
Next Steps – June – Dec 2011

• Venue Strategies
• Destination
  Strategies
• Technology
  Timeline
• Association Events
• Corporate Events
ICCA Rankings - Subject Areas




The opportunity is partnering 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 Beyond Tourism Study
• Identifying the longer
  term economic
  benefits resulting from
  key business and
  association events

• 6 cities participating

• Sydney already
  completed a similar
  exercise
Attributable Sales Revenues




     Exhibitors / Delegates   Local
      Sponsors              Businesses
Image source: wadefinancial.co.uk
Business Innovation and
                     Performance Improvement




Image sources: ifgfunding.com
Knowledge Transfer




Image source: businessesgrow.com
Research Opportunities and Funding




Image sources: anthonares.net /singularityhub.com / eurescom.de / unmediated.org
Entering New Networks,
         Partnerships and Collaborations




Image source Tallberg Foundation
Awareness and Awards




Image source abclady.com
Inward Investment




Image source selfones.com
Job Creation




Image source tutpr2u.net
Conclusion
• New economic era
• Too important to mess up
• Strategy, research and
  innovation now critical
• Convention 2020
  contributing to dialogue
• FCCI testing out strategic
  approaches
                                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
                                                 21
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
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 - FCCI and Convention 2020 Presentation to the IMEX Politician's Forum 25 05 11

  • 1. IMEX Politicians’ Forum May 25th 2011 Rohit Talwar CEO – Fast Future Executive Director - FCCI rohit@fastfuture.com
  • 2. Transformational Change? It’s Only Just Begun Image source: creativeclass.typepad.com
  • 3. 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
  • 4. 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
  • 5. Event Management Strategies 2015 Greater focus Stronger focus Increased on capturing on emphasis on the the knowledge personalization overall ‘meeting generated at and maximizing architecture’ to an event individual ensure delivery learning against objectives Image sources: gadgetheat.com / msnbcmedia2.msn.com / simonblog.com
  • 6. Destination Strategies 2015 Show ROI for Show longer More event term contribution extensive owners/delegates to economic data mining development Image sources: skylinetradeshowtips.com / dirtcheapgeo.com / backtothefuturetrading.com
  • 7. Next Steps – June – Dec 2011 • Venue Strategies • Destination Strategies • Technology Timeline • Association Events • Corporate Events
  • 8. ICCA Rankings - Subject Areas The opportunity is partnering to maximise knowledge transfer and value creation in the key industries of the future
  • 9. Seoul Sydney Durban San London Francisco Abu Dhabi Toronto
  • 10. FCCI - Primary Research Activities Point Research and Knowledge Sharing Competitive Advantage Thought Leadership Research Activities Image sources: blogspot.com / innovaction-group.com /
  • 11. The Beyond Tourism Study • Identifying the longer term economic benefits resulting from key business and association events • 6 cities participating • Sydney already completed a similar exercise
  • 12. Attributable Sales Revenues Exhibitors / Delegates Local Sponsors Businesses Image source: wadefinancial.co.uk
  • 13. Business Innovation and Performance Improvement Image sources: ifgfunding.com
  • 14. Knowledge Transfer Image source: businessesgrow.com
  • 15. Research Opportunities and Funding Image sources: anthonares.net /singularityhub.com / eurescom.de / unmediated.org
  • 16. Entering New Networks, Partnerships and Collaborations Image source Tallberg Foundation
  • 17. Awareness and Awards Image source abclady.com
  • 20. Conclusion • New economic era • Too important to mess up • Strategy, research and innovation now critical • Convention 2020 contributing to dialogue • FCCI testing out strategic approaches Image source: mobilebillboardfranchise.com
  • 21. 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 21
  • 22. 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
  • 23. 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
  • 24. 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
  • 25. 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
  • 26. 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
  • 27. 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