Global convention industry consulting firm, GainingEdge, now has a new internal unit, GainingEdge Analysis & Research (GEAR), where its mission is to expand and improve the quality of research available to international convention destinations.
GEAR will focus on issues of destination competitiveness, new forms of market intelligence, and new insights into the dynamics of the global meetings industry.
GainingEdge CEO, Jon Sivertson, said the vision for GEAR is to fill a research gap in relation to both the convention industry and the association community.
â€śOur industry has never really had a dedicated research unit. We were struck by the lack of real quantitative analysis available to support quality decision-making processes.
“We want GEAR to be the go-to when people are focused on facts-based decision making,” Sivertson said.
Long-time GainingEdge consultant, Milos Milovanovic, has been tapped to helm GEAR. Milovanovic further shared that GEAR came out of a journey that began in 2018 with the publishing of the first annual International Convention Destination Competitive Index, the 3rd edition of which was released in December 2020.
He added GEARâ€™s next contribution will be â€ścutting-edgeâ€ť research into the â€śintellectual capitalâ€ť of convention destinations around the world. For instance, the next report will have a big impact on destinations, and how they go about pursuing international conventions.
â€śWeâ€™ve done a deep dive on the leadership of 3,500 international associations and developed a database of association board members and the cities where they live. From this research, we will be helping cities to understand how well they are doing in terms of the number of their local leaders who are active members in governing bodies of international associations.”
Milovanovic said the upcoming report would also help cities understand how well they are leveraging their influencers to secure conventions.
â€śWe want to help them in their recovery strategies as they pursue future growth. Intellectual capital is a main driver of how conventions decide where to meet. We want to help destinations to understand how well they are harnessing that intellectual capital and to find quick pathways to the people they need to engage in the process of securing conventions.â€ť