More than 300 independent trade show executives, suppliers and industry media convened April 1-4 for the 2024 Society of Independent Show Organizers (SISO) CEO Summit at the Ritz-Carlton Hotel in Amelia Island, Fla. The pre-registered attendance was the highest ever for this event, said SISO CEO Vincent Polito. The previous attendance record was set in 2019 when 295 industry leaders gathered in April at The Sanctuary in Kiawah Island, SC.
SISO welcomed 35 first-time attendees, said Clarion Events CEO Lisa Hannant, who is serving as this year’s SISO chair after Arc CEO Americas Mary Larkin completed her one-year term and moves to the SISO immediate past chair role.
The three-day event offered content on a wide variety of topics, from a global economic forecast and the impact of AI to exclusive exhibitor research and a case study on sustainability.
As in years past, the attendee and speaker list featured a who’s who of industry leaders (see who attended in 2024 here). The Informa Connect team — which publishes Trade Show News Network, BizBash, Corporate Event News, Meetingsnet and Exhibitor News Now — was also onsite for this annual meeting of C-level executives.
Among the many educational sessions held at the conference was an underlying focus on the state of the exhibitions industry as the second quarter of 2024 begins. Here are 13 takeaways we noted during the event.
Looking ahead
The 2024 SISO Leadership Conference will be held Aug. 13-15 in Philadelphia. The next SISO CEO Summit will be held March 31-April 3, 2025, at the Omni Barton Creek in Austin.
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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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