Association Event Network September | Page 6

Xxxx FLEXIBILITY IS KEY, SAYS written by Martin Fullard 6 ICCA REPORT ICCA Global Association research reveals importance of partnerships and flexibility of associations and suppliers in a post-Covid world RESEARCH CONDUCTED BY ICCA during May 2020, in collaboration with the African Society of Association Executives (AfSAE), Asia Pacific Federation of Association Organizations (APFAO) and the European Society of Association Executives (ESAE) examined the post Covid-19 strategies and plans of almost two hundred associations around the world. Among the more in-depth results, which are available to ICCA members and the ICCA Association Community and the members of the partner associations, key findings in the research suggest 66% believe that Covid-19 will fundamentally change how they operate in the future. Event and sponsorship revenue sources are under review by 55% of associations, while 49% are reviewing membership models. It is also suggested that 84% intend to include hybrid and digital elements to events going forward, with a general opinion that they should lead to increased attendance, while 60% of respondents believe that there are limitations to the ultimate success of virtual events when compared to face to face. Elswhere, 28% said geographic rotations are under review and likely to change in the future while 78% would consider the use of a meetings management company going forward. There is significant opportunity for the supply side of the meetings industry to support clients through increased flexibility and innovation. ICCA CEO, Senthil Gopinath said it is clear that the Covid-19 situation is fast moving. He said: “We have gone from what was www.aenetwork.co.uk effectively a complete global shut down in April, to 29% of respondents now saying they believe delegates will travel as long as the right health and safety measures are in place. “This research provides important statistical evidence for the perceptions and opinions many of us already had. It is clear the partnerships between suppliers and associations have become more important than ever, and this is exactly what we are facilitating in our global community of suppliers and associations. “It remains a trying time for our industry but there is hope for all, particularly if we are flexible and work together towards new and creative solutions.” The report concludes by highlighting the fact that there is “volatility” in the market and a need to innovate and create solutions. It says for the long-term benefit of all the industry must work together, in partnership, and be flexible. It also notes that venues and destinations must appreciate the financial needs of clients if they are to survive, clients must equally understand that without their longterm support the venues and destinations cannot survive. Respondents accepted and believed that meetings offer big value in terms of both knowledge and finances.