C&IT STATE OF THE INDUSTRY REPORT AGAIN PROVIDES AN IN-DEPTH ANALYSIS ON THE KEY ISSUES IN THE UK EVENTS INDUSTRY.
C&IT Magazine recently published their State of the Industry Report 2015. Their annual survey of insight and analysis garnered from 200 corporate and agency event planners threw up a number of issues on both the client and agency side of the industry.
While budgets, resources, innovation, ROI and increasing delegate numbers and revenues were the top challenges facing corporate event planners. the event agencies were concerned with finding talented people, managing growth, procurement, lead times and pitching.
The Report also includes the Top 50 Event Agencies ranked by UK event-based turnover and this year, Banks Sadler were ranked 5th, one of the high climbers.
One of the key agency trends noted was managing growth – over 80% of the agencies surveyed expanded headcount in 2014 and a similar number expect to expand further in 2015. This brings its own problems as agencies struggle to find the right people to fill those gaps, particularly at a senior level.
Having recently been named by Great Place to Work® as one of the UK’s Best Workplaces, Banks Sadler is recognised as having a high trust, high engagement workplace culture which attracts and retains talent and helps drive thei business success.
Leigh Jagger, CEO, commented “Recruiting and retaining the right team is pivotal to the success of any event management agency and time and time again we hear from our clients that it’s our team that really make us stand out from the crowd. We’re delighted to be back in the Top 5 Event Agencies list. Growth of the business has been in line with our expectations and we have a good portfolio of clients, both new and existing. The growth has been across all sectors of business and we’ve opened a new office in Shanghai, which has diversified the brand. We’ve seen growth in our tech and creative output, with social media becoming a standard part of all product plans now. We know what our clients are looking for and we’re developing our business in line with their needs, which are becoming increasingly sophisticated.”
To read the complete State of the Industry Report 2015, visit C&IT Magazine website. The downloadable version will be available in July.
Jane Lees, Marketing Director
About Banks Sadler:
Banks Sadler is a global meetings and event management agency with a proven track record of delivering powerful global events services to both blue chip and SMEs. Passionate and client focused, Banks Sadler’s multi-award winning services can be used as a single service or complete solution, we offer the full range of event management and venue solution services including event production, venue sourcing, event management, corporate travel and event technology. Operating out of London, York, Düsseldorf, Paris, New York and Shanghai, every year we handle over 16,000 venue find bookings and 500 event management projects globally.