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Topics: Career Development, Change Management, Talent Management
Face-to-face Conferences, what future?
The PMXPO Conference had an online attendance of 44,901 people (only those who attend the online Conference have the badge)

A few years ago I watched live a PMI Conference held in person and online

The other day I read a comment about online participation as a speaker in face-to-face conferences

Many lectures on the most different topics (with more than 5000 participants) are being held online

Many panels (several speakers) are being held online

After this pandemic, what will be the future of the Conferences?

Note: Always with your video broadcast
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Dear Luis,

I do not see a major impact in the most important face to face conferences in the future. I think that there will continue using the same format due to 3 reasons:

1 - Economical reasons, as example conferences like web summit, important PMI conferences, Scrum Gatherings, and other several key conferences etc... are important to drivers to the local economy and to many countries where are made.

2 - The human factor, many people go to that conferences not only to learn something, attend the presentations, but also to feel near of the key note speakers , sometimes there is a cult around this key note speakers that drags many fanaticos of brands and personalities.

3 - Many of these conferences imply interactivity, experiment and explore as base concept, this base will never be absolutely satisfied in a virtual way.

I agree with you that probably we will assist to a decrease of face to face conferences with less impact and with less persons but that together are the most of the conferences realized and that together also has more attendees they the most famous conferences.

This is only my opinion, I believe that as humans the phycological factor of face to face relationships will always impact this decisions and after this crisis we will find the right balance or not, people are unpredictable.

I do not know if your topic was written always thinking in International economic exhibitions or fairs, in this case I think most of this events will return.

One note outside of topic, in this time of crisis I see that many online trainings, workshops, conferences have been launched in place of face-to-face events, interestingly the price of these events has almost not decreased despite implying less expenses on facilities, logistics, indirect costs and potentially covering a larger audience. Are the institutions taking advantage of the moment?

Alexandre
...
3 replies by Luis Branco
Apr 05, 2020 6:47 AM
Luis Branco
...
Dear Alexandre
Thank you for participating in this reflection and for your opinion

I have been enjoying closely the behavior of young people .
They are always interacting.
These interactions are carried out online.
They prefer the mobile phone to face-to-face contact.
When they interact face to face, they are always connected to the mobile phone, that is, to the online contact.

In 2008, 13% of marriages were held between people who met online.
I would like to have data about what happens today :-)

In-person Conferences have a limited capacity whereas assistance in online Conferences is only limited to the platform's capacity

I was very excited to see the first speaker at the PMXPO Conference.Pre-recorded video intervention.
But, unfortunately, no more interventions were broadcast on video (direct or deferred)

I believe that PMI has to quickly upgrade its Conferences online (under penalty of not having much assistance)

Online Conferences have the advantage of being able to be deferred

Is Project Economy older than Creative Economy? :-)
Apr 05, 2020 7:03 AM
Luis Branco
...
Dear Alexandre

Your question about the prices charged by some companies is pertinent.

There are some chances to charge high prices for online courses:

1. Never heard of Khan Academy, Udemy, Cousera, Linkedln Learning and other companies and / or organizations providing online training

2. Its business models are from the industrial era (after the industrial era we have already lived the era of knowledge (information) and now the ages of experience and creativity)

3. They have few customers and their lead databases are very small

4. They are not aware that in the short term (2/3 years) the contents they teach will be obsolete

Since the platforms they use are free there is a high probability that the hypothesis you raised is true :-)
Apr 05, 2020 7:46 AM
Luis Branco
...
Dear Alexandre

Still on prices

Registration cost:
10 € per participant
Registrations:
45,000 participants (number of participants at the PMI Conference)
Revenue: € 450,000

Can companies with high registration fees manage to earn € 450,000 in revenue per organized course?
Apr 05, 2020 6:01 AM
Replying to Alexandre Costa
...
Dear Luis,

I do not see a major impact in the most important face to face conferences in the future. I think that there will continue using the same format due to 3 reasons:

1 - Economical reasons, as example conferences like web summit, important PMI conferences, Scrum Gatherings, and other several key conferences etc... are important to drivers to the local economy and to many countries where are made.

2 - The human factor, many people go to that conferences not only to learn something, attend the presentations, but also to feel near of the key note speakers , sometimes there is a cult around this key note speakers that drags many fanaticos of brands and personalities.

3 - Many of these conferences imply interactivity, experiment and explore as base concept, this base will never be absolutely satisfied in a virtual way.

I agree with you that probably we will assist to a decrease of face to face conferences with less impact and with less persons but that together are the most of the conferences realized and that together also has more attendees they the most famous conferences.

This is only my opinion, I believe that as humans the phycological factor of face to face relationships will always impact this decisions and after this crisis we will find the right balance or not, people are unpredictable.

I do not know if your topic was written always thinking in International economic exhibitions or fairs, in this case I think most of this events will return.

One note outside of topic, in this time of crisis I see that many online trainings, workshops, conferences have been launched in place of face-to-face events, interestingly the price of these events has almost not decreased despite implying less expenses on facilities, logistics, indirect costs and potentially covering a larger audience. Are the institutions taking advantage of the moment?

Alexandre
Dear Alexandre
Thank you for participating in this reflection and for your opinion

I have been enjoying closely the behavior of young people .
They are always interacting.
These interactions are carried out online.
They prefer the mobile phone to face-to-face contact.
When they interact face to face, they are always connected to the mobile phone, that is, to the online contact.

In 2008, 13% of marriages were held between people who met online.
I would like to have data about what happens today :-)

In-person Conferences have a limited capacity whereas assistance in online Conferences is only limited to the platform's capacity

I was very excited to see the first speaker at the PMXPO Conference.Pre-recorded video intervention.
But, unfortunately, no more interventions were broadcast on video (direct or deferred)

I believe that PMI has to quickly upgrade its Conferences online (under penalty of not having much assistance)

Online Conferences have the advantage of being able to be deferred

Is Project Economy older than Creative Economy? :-)
...
1 reply by Alexandre Costa
Apr 05, 2020 7:35 AM
Alexandre Costa
...
Dear Luis,

Online conferences can be deferred but also face-to-face conferences.
In 2008, 13% of marriages were held between people who met online - This do not means that the face-to-face interaction has decreased only that the people found other paths to start to knowing each other, but i doubt that the total of 13% married without interacting first.

If you like statistics for example As of April 2017, Instagram reached more than 700 million monthly users, but what is the meaning off this?
with a deeper analysis we verify that seven out of ten hashtags on Instagram are from brands, Instagram audiences interact more on weekdays.

But if you take as example the Portugal reality not actually because of confinement examples::

1 - The frequency of nightlife venues has increased, and the income of these establishments, so consequently face-face interaction.

2 - The number of events for young people like like musical concerts has increased, most of these events has more than one day so consequently face-to-face interaction.

3 - The number of events related with finalist trips increased exponentially, trips that take an average of 7 days increasing face-to-face contact.

4 - I can even tell you that face to face contact has increased between ages of 0 and 6 years, in ancient times it was common to stay at home and the mother or family took care of the young children, nowadays daycare centers are a reality.

5- As the third EU countries with more people over 65 years the number of daycare and social centers for these people have increase and consequently increased face to face interaction, measures to avoid loneliness and isolation these days

So when we call statistics to analyse interaction we have to be careful to analyse all aspects. It's true that the young people are always connected to the mobile phone through online contact, but many of this contact is during classes, work or other events etc...
This does not means that they in the moment are not in an event of face to face interaction,it just means that they are contactable at all times and often these contacts are a prelude to personal contact.

if you what to see real time stats
https://www.pordata.pt/Portugal

So what do you think about social interaction increased or decreased in all age groups?

Alexandre
Apr 05, 2020 6:01 AM
Replying to Alexandre Costa
...
Dear Luis,

I do not see a major impact in the most important face to face conferences in the future. I think that there will continue using the same format due to 3 reasons:

1 - Economical reasons, as example conferences like web summit, important PMI conferences, Scrum Gatherings, and other several key conferences etc... are important to drivers to the local economy and to many countries where are made.

2 - The human factor, many people go to that conferences not only to learn something, attend the presentations, but also to feel near of the key note speakers , sometimes there is a cult around this key note speakers that drags many fanaticos of brands and personalities.

3 - Many of these conferences imply interactivity, experiment and explore as base concept, this base will never be absolutely satisfied in a virtual way.

I agree with you that probably we will assist to a decrease of face to face conferences with less impact and with less persons but that together are the most of the conferences realized and that together also has more attendees they the most famous conferences.

This is only my opinion, I believe that as humans the phycological factor of face to face relationships will always impact this decisions and after this crisis we will find the right balance or not, people are unpredictable.

I do not know if your topic was written always thinking in International economic exhibitions or fairs, in this case I think most of this events will return.

One note outside of topic, in this time of crisis I see that many online trainings, workshops, conferences have been launched in place of face-to-face events, interestingly the price of these events has almost not decreased despite implying less expenses on facilities, logistics, indirect costs and potentially covering a larger audience. Are the institutions taking advantage of the moment?

Alexandre
Dear Alexandre

Your question about the prices charged by some companies is pertinent.

There are some chances to charge high prices for online courses:

1. Never heard of Khan Academy, Udemy, Cousera, Linkedln Learning and other companies and / or organizations providing online training

2. Its business models are from the industrial era (after the industrial era we have already lived the era of knowledge (information) and now the ages of experience and creativity)

3. They have few customers and their lead databases are very small

4. They are not aware that in the short term (2/3 years) the contents they teach will be obsolete

Since the platforms they use are free there is a high probability that the hypothesis you raised is true :-)
Apr 05, 2020 6:47 AM
Replying to Luis Branco
...
Dear Alexandre
Thank you for participating in this reflection and for your opinion

I have been enjoying closely the behavior of young people .
They are always interacting.
These interactions are carried out online.
They prefer the mobile phone to face-to-face contact.
When they interact face to face, they are always connected to the mobile phone, that is, to the online contact.

In 2008, 13% of marriages were held between people who met online.
I would like to have data about what happens today :-)

In-person Conferences have a limited capacity whereas assistance in online Conferences is only limited to the platform's capacity

I was very excited to see the first speaker at the PMXPO Conference.Pre-recorded video intervention.
But, unfortunately, no more interventions were broadcast on video (direct or deferred)

I believe that PMI has to quickly upgrade its Conferences online (under penalty of not having much assistance)

Online Conferences have the advantage of being able to be deferred

Is Project Economy older than Creative Economy? :-)
Dear Luis,

Online conferences can be deferred but also face-to-face conferences.
In 2008, 13% of marriages were held between people who met online - This do not means that the face-to-face interaction has decreased only that the people found other paths to start to knowing each other, but i doubt that the total of 13% married without interacting first.

If you like statistics for example As of April 2017, Instagram reached more than 700 million monthly users, but what is the meaning off this?
with a deeper analysis we verify that seven out of ten hashtags on Instagram are from brands, Instagram audiences interact more on weekdays.

But if you take as example the Portugal reality not actually because of confinement examples::

1 - The frequency of nightlife venues has increased, and the income of these establishments, so consequently face-face interaction.

2 - The number of events for young people like like musical concerts has increased, most of these events has more than one day so consequently face-to-face interaction.

3 - The number of events related with finalist trips increased exponentially, trips that take an average of 7 days increasing face-to-face contact.

4 - I can even tell you that face to face contact has increased between ages of 0 and 6 years, in ancient times it was common to stay at home and the mother or family took care of the young children, nowadays daycare centers are a reality.

5- As the third EU countries with more people over 65 years the number of daycare and social centers for these people have increase and consequently increased face to face interaction, measures to avoid loneliness and isolation these days

So when we call statistics to analyse interaction we have to be careful to analyse all aspects. It's true that the young people are always connected to the mobile phone through online contact, but many of this contact is during classes, work or other events etc...
This does not means that they in the moment are not in an event of face to face interaction,it just means that they are contactable at all times and often these contacts are a prelude to personal contact.

if you what to see real time stats
https://www.pordata.pt/Portugal

So what do you think about social interaction increased or decreased in all age groups?

Alexandre
Apr 05, 2020 6:01 AM
Replying to Alexandre Costa
...
Dear Luis,

I do not see a major impact in the most important face to face conferences in the future. I think that there will continue using the same format due to 3 reasons:

1 - Economical reasons, as example conferences like web summit, important PMI conferences, Scrum Gatherings, and other several key conferences etc... are important to drivers to the local economy and to many countries where are made.

2 - The human factor, many people go to that conferences not only to learn something, attend the presentations, but also to feel near of the key note speakers , sometimes there is a cult around this key note speakers that drags many fanaticos of brands and personalities.

3 - Many of these conferences imply interactivity, experiment and explore as base concept, this base will never be absolutely satisfied in a virtual way.

I agree with you that probably we will assist to a decrease of face to face conferences with less impact and with less persons but that together are the most of the conferences realized and that together also has more attendees they the most famous conferences.

This is only my opinion, I believe that as humans the phycological factor of face to face relationships will always impact this decisions and after this crisis we will find the right balance or not, people are unpredictable.

I do not know if your topic was written always thinking in International economic exhibitions or fairs, in this case I think most of this events will return.

One note outside of topic, in this time of crisis I see that many online trainings, workshops, conferences have been launched in place of face-to-face events, interestingly the price of these events has almost not decreased despite implying less expenses on facilities, logistics, indirect costs and potentially covering a larger audience. Are the institutions taking advantage of the moment?

Alexandre
Dear Alexandre

Still on prices

Registration cost:
10 € per participant
Registrations:
45,000 participants (number of participants at the PMI Conference)
Revenue: € 450,000

Can companies with high registration fees manage to earn € 450,000 in revenue per organized course?
Luis -

Will the percentage of conferences that shift to a virtual mode increase? Possibly.

Will face-to-face conferences disappear entirely? Unlikely.

Remember that only a small fraction of the different values gained from attending in-person conferences is the knowledge gained.

In-person networking at such events is usually more effective than that at virtual events - just look at the flood of "Hi I am X from Y - here's my LinkedIn profile" chat messages during the recent PMXPO.

What this may do is force the organizers for in-person conferences to make the value proposition sufficiently greater than a virtual equivalent - that may end up culling a number of the "lazier" ones.

Kiron
...
1 reply by Luis Branco
Apr 05, 2020 9:23 AM
Luis Branco
...
Dear Kiron
Thank you for participating in this reflection and for your opinion

I hope to walk around to find out if I was right on my prognosis: "Soon (10 years) the face-to-face Conferences will enter Jurassic Park"

You know better than me that it is quite possible to create a network of online contacts
Apr 05, 2020 9:18 AM
Replying to Kiron Bondale
...
Luis -

Will the percentage of conferences that shift to a virtual mode increase? Possibly.

Will face-to-face conferences disappear entirely? Unlikely.

Remember that only a small fraction of the different values gained from attending in-person conferences is the knowledge gained.

In-person networking at such events is usually more effective than that at virtual events - just look at the flood of "Hi I am X from Y - here's my LinkedIn profile" chat messages during the recent PMXPO.

What this may do is force the organizers for in-person conferences to make the value proposition sufficiently greater than a virtual equivalent - that may end up culling a number of the "lazier" ones.

Kiron
Dear Kiron
Thank you for participating in this reflection and for your opinion

I hope to walk around to find out if I was right on my prognosis: "Soon (10 years) the face-to-face Conferences will enter Jurassic Park"

You know better than me that it is quite possible to create a network of online contacts
Speaking from experience since I volunteered for a local PMI chapter for a long time.
Face-to-face was already slowly dying off - for shows that content and delivery was not innovative enough which is why PMXPO, Scrum Gatherings, etc were thriving. I've seen large PMI chapters run small conferences and small chapters run large ones. It all depends in the involvement (sales/marketing/delivery) of the organizers.

I believe that face-to-face will take a huge hit b/c of the virus' economic impact, firms will not have "educational" budget and individuals will not be able to afford it. On the other hand, herd mentality makes everyone move online - so you will see decreased prices (supply & demand, my friends).
...
1 reply by Luis Branco
Apr 06, 2020 4:20 PM
Luis Branco
...
Dear Andrew
Thank you for participating in this reflection and for your opinion

In addition to the quotas of members of the local chapters, the only sources of income for the Chapters are the Conferences and other initiatives conceived in a creative way and properly disseminated.

It is important that the speakers and / or the content presented by them are current and that they add value to the participants.

The prices charged are also a variable to be taken into account
Apr 06, 2020 12:49 PM
Replying to Andrew Soswa
...
Speaking from experience since I volunteered for a local PMI chapter for a long time.
Face-to-face was already slowly dying off - for shows that content and delivery was not innovative enough which is why PMXPO, Scrum Gatherings, etc were thriving. I've seen large PMI chapters run small conferences and small chapters run large ones. It all depends in the involvement (sales/marketing/delivery) of the organizers.

I believe that face-to-face will take a huge hit b/c of the virus' economic impact, firms will not have "educational" budget and individuals will not be able to afford it. On the other hand, herd mentality makes everyone move online - so you will see decreased prices (supply & demand, my friends).
Dear Andrew
Thank you for participating in this reflection and for your opinion

In addition to the quotas of members of the local chapters, the only sources of income for the Chapters are the Conferences and other initiatives conceived in a creative way and properly disseminated.

It is important that the speakers and / or the content presented by them are current and that they add value to the participants.

The prices charged are also a variable to be taken into account

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