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Time to Get Picky About Those Conferences?
Source/Type:
Compound Semiconductors Online - Editorials
Author: Tom Griffiths - Publisher
November 9, 2006... The words ring too often in a growing industry… "There's a new conference
this year." The immediate response (right after the 'aaaarrrggghhh' sound)
is often pre-programmed, "Where, when, how much, and why the heck do we need
another one… don't we have enough already?" Simple answer to that last one
is yes, and no. Yes, we have plenty of them and probably too many when you look
at the worldwide picture and automatically assume you need to be at every one.
But when there's a new can of soup on the grocery shelf do you fall to your
knees and plead with the store manager not to make you buy another one because
your cart and pantry are full? Or is it more likely that you only pick the flavors
that look attractive to you.
It's called a choice, and as long as you have a system and resolve to
quickly evaluate the choices, more are better. This may seem basic, but when
there were just a few conferences, we tended to automatically attend them all.
We may not have noticed how many we are now signed up for as they crept up on
us one or two at a time over the years. Time for the blasphemy: If the schedule
is over-filled, it's time you dropped some. So how do we make it an efficient
decision making process? We've gathered some input over the last few decades
and are happy to share what's come our way.
Who's writing the story? You don't judge a book by its cover, but by
the author, the table of contents, and by what qualified commentators have to
say about that book. The best conferences are put on by "authors" (organizers)
that have something more at stake… skin in the game, so to speak. That means
having core business components that depend upon on the growth and success of
the industry. As a 'for instance' we run news and resource sites dedicated to
the LED, solid state lighting and compound semi industries. If things turn the
wrong way here, we don't have the option to drop the event, buy a list and turn
to the paper airplane industry for our next conference. Our objective is to
help the industry succeed and grow our business as a result, rather than picking
a growing industry because "that's a good place to make some money". PennWell's
Strategies Unlimited fits that bill as well. They've been with the industry
since virtually day one, generally producing the highest quality market studies
you'll find for this industry. And guess what? Studies don't sell in industries
that are contracting. No growth, no business for them. That's a big reason we
support their annual Strategies
in Light event, scheduled this year for February 12 to 14 in San Jose, California.
Once you have a knowledgeable and committed organizer, the next ingredient
is the agenda. Does it have flow, or is it a bunch of spaghetti topics that are
thrown against the wall to see what sticks in hopes there's at least a couple
things that appeal to somebody? (At least there's plenty of time to return the
phone calls you're missing while you're wasting your time there!). With a strong
agenda, not only do you hear from industry innovators and leaders, but you'll
see a progression that builds from one topic area to the next, allowing a complete
picture of the technology, market, or (speaking generically) techniques to unfold
for the target audience. Sometimes it's bottom-up, and other times top-down
(to frame the picture before the details are filled in). Either way, the key
is that progression which should take the attendee on a path that spurs new
ideas and approaches that will focus their business. If your information needs
match a good portion of the agenda, go!
Hunting the contacts… Keep in mind that it's possible you may not need
the information, but that you need access to the audience that it will draw.
If it's for the contacts, examine the opportunity cost of attending. Is the
audience fit strong enough that you are going to get a good number of new or
renewed contacts? Keep in mind that just moving some relationships forward a
step is more than worth the price of admission. Is the location near areas where
you can do some business on either side of the conference? An executive retreat
or technical conference makes sense in one of those "fun" places. When it comes
to business conferences, it just makes sense that they would be in an area that's
either within striking distance of other productive visits, or designed to simplify
travel.
A final sort… If you're still not sure on a go or no-go, then it's time
to ask what people have to say about this particular conference. (Don't put
much stock in the testimonial on the website unless the comment is credited
to an attendee of last year's conference, not some generic "past conference").
If the conference is a new one, don't discount it. It may be an ideal replacement
for one that is only doing a half-way job right now. Ask what the organizer
has done before. Are they specialized in this or a related area? Did you look
at the agenda of those related conferences to see how it flowed and if the topics
seemed consistent and on-target? If they don't have links to past conferences
or information, send a note to ask for some. If the conference has been around
in previous years, does it seem that past companies (speakers, sponsors) are
returning to support the conference from year to year?
None of the questions are hard, and given how precious our time is these days,
it's worth a little homework to save a week if it's the wrong one, or possible
put you a year ahead if it's the right one.
Next up… To sponsor, exhibit, or "none of the above"?
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