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Horizon Scanning Report
Horizon Scanning Report
Horizon Scanning Report
Sophia Carvajal
06 November 2018.
Introduction
This report will analyse the innovative side of events, by looking at current innovations that have
been adopted into the industry and how they have impacted it. Moreover, the theory in the report will
determine which type of innovation are they and where they are allocated in the Innovation Space
Model according to the radical or incremental axis. Finally, the second part of this report will
identify the future trends marketing, events and consumer behaviour will be from 2018 and beyond,
and what kind of innovative strategies event planners have available and the constraints they face
when innovation comes in the process of organising events.
Types of innovation and where they belong in the Innovation Space Model
According to Bessant and Tidd (2007), suggested that in order to understand what types of
innovation are the ones that previously were mentioned, it is important to emphasise the capability of
managing innovation is a great achievement, if this capability is pointing in a suitable direction for
the organisation. Innovation has 4 P’s which is a strategic process of exploring the space, these take
place along an axis running from incremental through to radical change, the potential space within
which an organisation can operate, this is call Innovation Space Model. Innovation can take many
forms, from simple, incremental development of what is already out there, to radical development of
totally new options (ibid, 2007).
In relation to the innovations mentioned previously and the 4 P’s of Innovation, it can be said that,
first of all, Events Concepts could be classified as an incremental process innovation, even though it
is considered as new ideas or themes to make events more dynamic and interactive, here is a
variation or even a combination already existed projects and meetings structures. To continue, the
Technology side of innovation has had a massive impact in the events sector and it could be argued
that this type of innovation is radical paradigm innovation, because technology could be seen as a
fundamental change and experimental practices of a science discipline, according to Yin et al (2017).
Also, the authors said that not only in non-scientific contexts technology has been used, but in
creative sectors such as events, therefore this has had a profound change in fundamental model or
how people perceive events with high-tech services or products. Finally, Ticketing is placed as
radical process innovation, the reason is the online ticketing and mobile ticketing apps that have
been emerging in the recent years. It could be argued that this type of innovation fits in the subject of
technology, which it could, however, the idea of buying a ticket for an event online has radically
changed the process of booking adding the fact of obtaining services or products prior the event
making it easier for the consumer.
Having said that, these three types of innovation have been allocated in the Innovation Space Model,
according to their features and levels of innovation as appears in Figure 1. Events Concepts are
found in the Process direction more towards incremental, while ticketing is found at the other
extreme of process, focusing on innovation as well as technology coming from the paradigm axis.
Future events, marketing and consumer trends
Future Marketing trends
Hall (2018) stipulated that for 2019 onwards, there will be 5 different marketing trends to consider.
Firstly, he mentioned that people are no longer trusting in ads as it was used to, but more on other
people they know and reputable content. Even though ads might be at the end of the list, marketers
started to invest more on content marketing, influencer marketing, referral partnerships and other
methods that can add value to audience. In the second place, creativity will set successful marketers
apart suggesting that businesses should consider integrated campaigns and creative distribution
tactics to engage audience members. Moreover, the author continued said that those companies that
put up barriers between departments would fail in the long run, because those leading companies are
built on departments that work together, he finished adding ‘great content can fuel other parts of the
company, resulting in better talent, lower costs and improved relationships with investors’ (ibid,
2018). Fourthly, understanding the way customers communicate is vital, due to high expectations
from companies will communicate with them in the ways they like, this is the reason why marketers
pay close attention to customers’ communication preferences. Finally, the advances on marketing
automation and technology will help marketers to make better decisions and save money.
Future Events trends
The US Bureau of Labor Statistics estimates that the event industry is likely to grow 44% by 2020,
which is significant in an economy that is becoming more digital and, consequently, more virtual,
according to Hendricks (2017). He continued adding that part of this reason is that Millennials on the
whole look for authenticity in the brands they select, and events are a great way to create authentic
experiences with a brand.
Booker (2017), observed that for 2018 and beyond, the events industry will have at least 22 trends
including food and drink, technology, venues, networking and more. To name a few of these coming
trends are: increase in team development events, increasing a better security awareness in events,
facial recognition technology for check-ins, attendee feedback and improved on-site security, unique
catering options with new technology, plastic disposables will disappear and livestreaming will have
a major impact on events industry, facing the battle of audience attention.
Future Consumer Trends
Considering that UK is departing from the European Union, this action will bring a direct impact in
the country’s economy, however, consumers’ attitudes, behaviours and values will continue to be
affected by everything around them from key consumer trends that brands and companies need to
address in the next year and onwards (Crosbie, 2017). Some of these trends are being released from
stress, it has been noticed that there are 14 items that cause British stress, reported a 90% of the
sample (Crosbie, 2017), people are finding the right mechanisms to cope with issue. Also, going
greener is another consumer behaviour taking place in society, considering what people actually need
to buy and not feeling guilty of not doing something environmentally friendly.
Booker, B. (2017). 22 Event Trends for 2018 - Eventbrite UK Blog. [online] Eventbrite UK
Blog. Available at: https://www.eventbrite.co.uk/blog/event-trends-for-2018-ds00/ [Accessed
6 Nov. 2018]
Crosbie, D. (2017). Helping British consumers search for solace: Key trends for the year
ahead. [online] GfK Insights Blog. Available at: https://blog.gfk.com/2017/10/helping-
british-consumers-search-for-solace-key-trends-for-the-year-ahead/ [Accessed 6 Nov. 2018].
Getz, D. (2013). Event Studies. [ebook] Oxon: Routledge, p.225. Available at:
https://books.google.co.uk/books?
id=BOMsBgAAQBAJ&pg=PA225&dq=definition+of+innovation+in+events&hl=en&sa=X
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%20of%20innovation%20in%20events&f=false [Accessed 5 Nov. 2018].
Hall, J. (2018). 5 Marketing Trends To Pay Attention To In 2019. [online] Forbes. Available
at: https://www.forbes.com/sites/johnhall/2018/06/17/5-marketing-trends-to-pay-attention-to-
in-2019/#b1118c560f71 [Accessed 6 Nov. 2018].
Hendricks, D. (2017). Three Trends Changing the Events Industry. [online] Inc.com.
Available at: https://www.inc.com/drew-hendricks/top-3-trends-driving-change-for-the-
events-industry.html [Accessed 5 Nov. 2018].
Holub, J. (2015). 10 Innovative Event Concepts That You Will Want to Duplicate. [online]
LinkedIn. Available at: https://www.linkedin.com/pulse/10-innovative-event-concepts-you-
want-duplicate-juraj-holub/ [Accessed 5 Nov. 2018].
Oates, G. (2017). 3 Trends That Will Disrupt the Meetings and Events Industry in 2017.
[online] Skift. Available at: https://skift.com/2017/01/04/3-trends-that-will-disrupt-the-
meetings-and-events-industry-in-2017/ [Accessed 6 Nov. 2018].
Osborne, J. (2017). The Influence of Technology in the Events Industry - New Sledge Site.
[online] New Sledge Site. Available at: http://www.sledge.co.uk/blog/the-influence-of-
technology-on-the-event-industry/ [Accessed 5 Nov. 2018].
Quinn, B. (2013). Key Concepts in Event Management. [ebook] London: SAGE Publications,
pp.57-60. Available at: https://books.google.co.uk/books?
id=q2tEAgAAQBAJ&printsec=frontcover&dq=innovation+in+the+events+industry&hl=en
&sa=X&ved=0ahUKEwjSwdSD_r3eAhXqCsAKHTzcDwMQ6AEIUjAH#v=onepage&q=in
novation%20in%20the%20events%20industry&f=false [Accessed 5 Nov. 2018].
Yin, E., Ansari, S. and Akhtar, N. (2017). Radical Innovation, Paradigm Shift and
Incumbent’s Dilemma The Case of the Auto Industry. Future Studies Research Journal:
Trends and Strategies, [online] 9(1), p.140. Available at:
https://www.researchgate.net/publication/316583077_Radical_Innovation_Paradigm_Shift_a
nd_Incumbent's_Dilemma_The_Case_of_the_Auto_Industry [Accessed 6 Nov. 2018].
Appendix List
Figure 1
Carvajal, S., (2018). ‘Horizon Scanning Report’ Creative Media and Events. 1468: Creative
Media and Events. University College Birmingham. Unpublished report.