The Business of Events Policy Agenda - objective 1 📊 Revamping SIC Codes for Accurate Industry Representation 📊 The business events industry, encompassing conferences, meetings, exhibitions, and trade shows, plays a vital role in driving the UK economy. However, the current Standard Industrial Classification (SIC) codes do not accurately reflect the diverse and dynamic nature of our industry. 🛠️ Why this matters: 1. Accurate data collection: Updated SIC codes will ensure better data collection, allowing for more precise economic analysis and policy-making. 2. Targeted support: With accurate classification, the industry can receive more targeted support and funding, enhancing growth and innovation. 3. Visibility and recognition: Properly categorised, the industry will gain the visibility it deserves, highlighting its contributions to economic growth and employment. 🏛️ Call to action: We recommend the UK Government collaborates with industry leaders to update the SIC codes, reflecting the true scope and impact of the business events sector. Let's work together to ensure our industry gets the recognition and support it deserves. 👥Followers: share your views and comments #BusinessEvents #UKGovernment #SICCodes #PolicyInitiative #EconomicGrowth #IndustrySupport #UKElection2024
Revamping SIC Codes for Accurate Industry Representation
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An interesting white paper from The Business of Events on ISIC Codes and the Global Events Economy. UKEVENTS (Org) has also been highlighting the SIC challenge for many years. This white paper provides a comprehensive review of the issue and proposes some solutions that can be considered. #SIC #ISIC #eventsindustry /gb
Marketing & Communications Director at Identity, part of The Human Network, UKEVENTS executive committee member and communications lead, Fast Forward 15 mentor
Standardised Industrial Classification (SIC) codes, as we call them in the UK, are the means by which a Government can measure the scale of an industry. Anyone who has read my copy over the years will know that I believe that the codes must be updated to better reflect the true scale of the Events Industry. The codes aren't a silver bullet by any means, but provide foundation level data for which to evidence to Government the value of our sector. Without sufficient codes, we are banking on good faith and PR. In the meantime, our conference, meetings, exhibitions, and other event value is being subsumed by other identifiable (albeit often related) sectors, such as hospitality, tourism, and administration services. However, the UK's SIC code system is simply a regional deviation from the UN's ISIC system, managed by the UN Statistics Division. If we are to effect change, then we must lobby the UN to expand the code classes to better represent the scale and depth of the industry. To get us started, our last act in 2024 is the publication of a new White Paper: ISIC Codes and the Global Events Economy. Everything you need to know is in here, including some suggested meantime solutions. Download, read, advocate: https://lnkd.in/gDtsRsRT That's me done for the year, signing off. Have a Merry Christmas and a Happy New Year. The Business of Events #conference #exhibition #meeting #eventprofs
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Today is the last (business) day for institutional members to receive the deeply discounted registration rate for the annual conference! Three reasons to do it now: 1. Save $200 on registration for your institution 2. Get it off your to do list 3. Once registered, you can share the good news and encourage others to do the same! Register at https://buff.ly/3Kk5AK9 #URMIA2024 #AnnualConference #NewOrleans
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Business Development Executive at WiseTech Global | Optimizing productivity and costs for global freight forwarders with CargoWise.
Will you be joining us at the NCBFAA conference in Fort Lauderdale this month? Make sure to attend the panel with Craig Seelig, Product Manager – Customs and Compliance, and other experts in the field. They will discuss how AI is revolutionizing logistics by streamlining customs procedures, like document analysis and anomaly detection, and maintaining compliance in the global trade industry. #WiseTech #artificialintelligence #automation #technology.
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Take a look at the 2023 statistics of IAPCO’s Annual Member Survey, based on annual return data provided by IAPCO members. A very interesting and insightful report underlining the ever-growing importance of the meetings industry in the global economy! https://lnkd.in/dD_tVrbm #IAPCO #meetingsindustry #survey #afeacongress
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BFSLA conference session update: Tokenising financial and investment assets: is it a thing? Chair Paul Richter, ANZ and joined by speakers Anton Didenko, UNSW and Urszula McCormack, King & Wood Mallesons. Art works can be represented by non-fungible tokens (NFTs) – but so can financial and investment assets such as bonds, loans, shares and even carbon credits. Why might financial institutions be interested in tokenisation? How do tokenised assets fit within the existing legal and financial regulatory framework, and what does that mean for transactions? Using a case study approach, this session will explore key regulatory and transaction considerations when dealing with tokenised assets, including financial services law implications, challenges with taking security and more. Dr Nuncio D'Angelo Kerryn Smith Kerry Beaumont Katrina Gardiner Dr Ann Wardrop Matt Cunningham James Edward John Connell Tony Ryan Helena Busljeta Josh Cairns To register click on the link https://lnkd.in/dbQc98AE
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FGAS Scheme Director • Consultant and Expert Witness • IOR Past President • Rising Stars winner 2023
The IOR is not the professional institute I once believed it to be and loved being a part of. Conversations held with other members recently indicate a lot of them are also unhappy with the current direction of travel and behaviour of certain people. Given that there is an AGM coming up and that any other business for the agenda needs to be announced in advance I’m proposing the following votes be made available to the members: 1. The members have no confidence in the CEO to take the Institute forward. 2. The members have no confidence in the President Elect to lead the Institute in a professional manner. It is clear that the members are not happy with the way our President Elect has behaved. It is also clear that the members are not happy with the way the chief executive has behaved. A failure of the board to allow these votes of confidence to take place will demonstrate very clearly that they have no leadership ability and will only serve to further weaken their position in the eyes of the members and damage the reputation of the IOR as a whole. I feel the CEO and President Elect now need these votes to give them legitimacy. If they lose please note I do not make this move for myself, I have done my time - but I will happily propose and support other, more suitable, candidates for these roles. I have noted that although I have the private communications agreeing to hold the online AGM in October, and the events page on the website no longer says it will be held in person on 5th November, that no official notice of this has been given to the members. Maybe the duplicitous CEO is backtracking on the sly online AGM move and feels the constitution change is no longer needed now I’ve walked away? I’m happy to publish the meeting notes to highlight the level of intimidation I was subjected to - so the members all see for themselves how disgracefully the CEO and certain trustees behaved. I would welcome thoughts from members of the Institute of Refrigeration UK who deserve to know the truth about how they are being represented.
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Will you be joining the NCBFAA conference in Fort Lauderdale this month? Make sure to catch Craig Seelig, Product Manager – Customs and Compliance, on a panel with other experts as they discuss how AI is transforming logistics and customs processes. Topics will include document analysis, anomaly detection, error reduction, and regulatory compliance in global trade. #WiseTech #artificialintelligence #automation #technology
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#icmr #conference #registrars #capitalmarket The President/Chairman of Council, ICMR, Mr Oluseyi Owoturo appreciates the Regulators, the Strategic Industry partners, the Council members, the conference organising committee, CEOs of Registrars Companies, the conference delegates, the Guest Speakers, and the Press for making the 13th Annual Conference of the Institute a huge success. The partnership and collaboration continues as we drive growth in the market....
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Plan your exhibitions and events with confidence. The #CEIR Predict Conference gives industry execs and leaders a detailed breakdown of our comprehensive research report, the CEIR Index, as well as insights into current trends, what to expect in our industry, outside forces that will affect your events, and the knowledge to plan with confidence. The conference is just a few days away. Registration is trending at an all-time high and space is limited. Request your invitation before it's too late: https://lnkd.in/g2auKw8a
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Boost your efficiency in claim processing by attending the April webinar, Unlocking Claim Confusion: The Key is Proper Documentation. Visit AAOMS.org/CEonline to register.
The Business of Events 'working together' yes please INSTITUTE OF EVENT MANAGEMENT