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Partnering to Win: Unlocking the Potential of International Conventions Betsy Bascom CEO, Global Connectworks Ltd. . May 2012 ©Global Connectworks Ltd 1 OBJECTIVES 1. IDENTIFY 2. SELECT 3. PLAN 4. CONNECT 2 Why conferences? An efficient and effective way to improve business results for companies and stakeholders .... and create connections and relationships with people that can play a big role in your success 3 4 Meeting people face-to-face... people do business with people they trust 5 Identify and understand the value proposition of international conferences and events Access to new people Connect with partners, investors, potential clients, industry leaders Access to different markets Gives you insight into the marketplace Should inspire you 6 Selecting the right conference First.....Identify your corporate and personal objectives 7 sessions keynote agenda panels refocus ROI Create a plan partnering serendipity sponsor speakers investor reconnect relationship building present Website Plan “B” conferences networking trends results inspire connect identify your objectives be targeted business development education exhibitor industry intelligence mentor goals elevator pitch out-license Business cards create opportunities schedule plan, plan, plan follow-up alliance management receptions In-license 8 What to look for? Type of event A. B. C. D. Investor/Financial Business Development - Partnering/Networking Medical/Scientific Education Conference location A. Is this a market I am interested in? B. Opportunity to set up meetings outside the conference What is offered A. Online partnering B. Opportunity to participate on a panel C. Company presentation 9 What to look for? Who is attending A. Key industry influencers B. Target Investors C. Target partners Who is speaking Who is the conference organizer Who are the sponsors How many people attending Side events – education, receptions 10 Licensing Executive Society World Congress on Industrial Biotechnology & Bioprocessing BioEquity Europe C21 Bioventures ChinaBio® Partnering Forum EuroMedtech Partnering for Global Impact American Society of Clinical Oncology Bio International Convention Euro-Biotech Partnering Summit BIO India International Conference In3 Med Device 360 BioPartnering Latin America BioPharm America BioSpain Pharmaceutical Strategic Alliances BioPartnering FutureEUROPE Phoenix Conference AdvaMed Newsmakers in the Biotech Industry The Biotech Meeting BIO Investor Forum AusBiotech BIO-Europe BioPartnering China World Stem Cell Summit Biotech Showcase JP Morgan Healthcare Conference BIO CEO & Investor Conference The Burrill Personalized Medicine Meeting Therapeutic Area Partnerships FDA/CMS Summit BioPartnering North America BioEurope Spring American Association for Cancer Research BioPartnering India Future Leaders in the Biotechnology Industry C21 Bioventures Allicense World Vaccine Congress 11 Bio Int. Convention Bio Europe JP Morgan Bio Investor Forum Bio CEO & Investor Type BD BD Investor Investor Investor Target •Biotech •Pharma •Media •Biotech •Pharma •Large cap biotech •Pharma •Venture-stage growth companies •Emerging public cos. •Established & Emerging publicly traded biotech cos. Attendees 15,600 + ∙ 65 countries •Global CEOs •BD execs •Pharma •Policy Makers •Prof. Advisors 2,900+ ∙ 48 countries •Global CEOs •BD execs •Pharma 4000 ~ •Investors •Analysts •Industry execs •Pharma 700 •Investors •Analysts •Industry execs •Pharma 1200 •Investors •Analysts •Industry execs •Pharma Format 21,000 Partnering meetings 157 Co. presentations Networking 125 Sessions 1800 Exhibits Receptions 14,700+ Partnering meetings 183 Co. presentations Networking 20 Sessions 94 Exhibits Invitation only Co. presentations Side events Receptions 120 Co. presentations Discovery Track presentations Partnering 140 Co. presentations 12 “With proper planning, in just four critical days a year, you can set up a full year of business connections, partnering possibilities and exposure to many innovations for the future of biotech!” 13 Why people attend the Bio International Convention? 1. 2. 3. 4. 5. 6. 7. Participate in partnering meetings in the BIO Business Forum Make new business contacts Obtain leads for products/services Keep up to date on industry trends/issues Network with colleagues Attend the educational programs/sessions See specific potential partners/company(s) within the BIO Exhibition 8. Meet with existing customers/partners/vendors 9. Marketing my company’s products 10. See new products or developments 14 Planning your time at the Conference Identify your objectives Identify the opportunities Create a schedule 15 Identify your objectives What do you want to get out of attending? Know who you want to meet and consider how you will do that 16 Identify the opportunities 1. Familiarize yourself with the agenda and deadlines 2. Mine the website attending, speaking, presenting, exhibiting, sponsoring, hosting 3. Who is... 17 18 Identify the opportunities 19 Who is attending, speaking, presenting, exhibiting, sponsoring 20 Create a plan Create a list of people you want to see and meet Do the background research Don’t forget your elevator pitch Be prepared to change your plan 21 Don’t attend a conference without a plan 22 “The people who prepare to attend an event come away with a much difference experience than those who just show up.” 23 Connecting with your targets How do you know who to meet with and how do you meet them? 24 Networking Networking is extremely powerful, but it takes time. Create a plan to meet potential clients or partners and build a relationship with them over time and you’ll start seeing results. Networking is all about connecting with new professionals and building relationships 25 26 Connecting with your targets • Attend sessions where they are speaking • See what sessions key influencers are attending • Figure out what it takes to get on the reception list...do you need to be a speaker, member or a sponsor? 27 The BIO One-on-One Partnering system can be utilized by Business Forum attendees and exhibitors to schedule meetings in the exhibitors’ booths. 28 Business Forum vs. Exhibitor Partnering 29 Power Partnering 30 Power Partnering 1. Complete your profile 2. Set you availability 3. Identify your targets A. Research – background information B. Be focused in your asks C. Don’t spam the system 4. Request meetings A. Customize your request B. Follow-up with a personal email 5. Don’t miss the first round of scheduling 6. Attend the Business Forum reception 31 Power Partnering 32 Power Partnering 33 Tips for Success Plan, Plan, Plan...create backgrounders Create a company and personal schedule....but be prepared to change it Personalize your experience based on your goals Spend time with people you did not come with ...get out of your comfort zone Follow-up...Write a note on the Business Card...and send an email when you get home 34 Serendipity is not an Accident 35 The value proposition of attending conferences..the return on your investment and objective can be PRICELESS Questions? 36