techevent

MC Round Table Conclave 2019

Last year’s conference, as you all know, was a raging success. We were given a rating of 4.5/5. The success of this conference only made us want to do more for the next one and push the limits further.

We promptly fixed the conference well in advance for 11th September 2019. This time, we planned to do things differently. We planned to limit the number of speakers to just 3, excluding one keynote speaker, which is in concurrence with the general feedback given to us for our previous conference. Also, we wanted to have a different flow of events which was as follows: First, the keynote speaker takes the stage, followed by one speaker talking about a topic he/she specializes in, followed by round table discussions related to the topic just covered. This cycle repeats with each of our 3 speakers. Lastly, there shall be an open floor session where we give out a few topics, and each table discusses these topics based on their perspectives and returns to us with their summaries. 

We were partly piggybacking on the ALPSP conference since that was happening in the same venue that we had booked. Now, we surely expected a very good attendance considering our last year’s success and the proximity of our conference hall to that of the ALPSP conference. We went about writing to various potential attendees as early as June, but no one replied since it was a bit too early for them to commit (we were a bit over proactive may be :-). Nonetheless, we kept the registration window open for a generously long time. We had an ambitious target of 50 registrations, with a minimum target of 30.

But none of this actually worked in our favor. By the end of July, we were shocked to have had just 3 registrations! We figured that there were quite a few reasons for us to be in this spot. For one, a particular publisher had a customer review which happens only once in 3 years, and this contributed to a loss of at least 5 registrations. Apart from this, a major conference was coinciding with ours, and several publishers had committed their attendance there. To add to this, our loyal attendees& connections since a good 7 years too did not respond for various other reasons. So at this point, we had basically put ourselves in a big soup full of speakers but only garnished with a few attendees. We feared that our venue would look empty and create a poor impression on our attendees and speakers. Well, the harder the conflict, the more glorious the triumph !! No looking back, I’ve got to do this, is all I had in mind.

Went straight into damage control mode, reached out to Andrea, who is the designated round table moderator, and requested for her active participation in promoting our event. But she too had her hands tied with her new occupation after being elected the Chancellor for her locality. She however helped us out by arranging for the keynote speaker for our conference. We then decided to make this a public event. With almost a month’s brainstorming with Mr. Jignesh, I finally put together a compelling agenda for the event & we personally followed up and chased several people, pulled in a few favours too. The BD teamthen wrote more than 300 emails, several follow ups, created a micro site which stated the agenda of the conference (https://krishna270.wixsite.com/roundtable2019 | my first attempt at it, along with Sunil )&most importantly we struck a cross-promotion deal with ALPSP, where ALPSP promotes our conference as a pre-event to theirs, and in exchange, we incorporate their branding in our event and promote this in our list serve of 8000+ publishers. We finally saw some traction by mid-august with about 20 registrations. We still needed at least 10 or 15 more registrations at any cost. Luckily, as the event date neared we reached our target with 35 registrations. Had this been a paid registration event and/or a private event as planned before, it would have been much harder to get these many registrations. On a lighter note, people turn up, when breakfast is free: -P 😉

Packed our bags, boarded our flights, and I reached the venue on 10th Sept at 7 pm after some daylong customer meetings in the city. I was welcomed with a good number of hurdles right away. The venue of our conference had been allocated to some other event & this was not informed to us until we arrived at the De Vere Beaumont Estate Hotel.

Our event starts at 7 am the next day and we are in this position! To add to our misery, the hotel was understaffed, mismanaged and overbooked with over 15 large scale events going on in parallel in various halls, and had no staff in-charge for our supposed hall. Turns out that the facilities management is outsourced to third party contractors. So the person responsible for booking the hall and the person on ground are two unrelated people altogether. The person on the ground just follows the checklist on the contract in a mechanical fashion without applying any common sense whatsoever. Now, with 15 large scale events going on simultaneously, the hotel had just 3 on-ground persons hired on contract. They were literally all over the place trying to do as much as they could to support all the events. I had to have our hall ready by that night at any cost. After a while, I was shown a new conference hall. This was a big 200 seater hall, which was unused for a very long time, but at this point of time, it was the only hall available. Now I had to make this hall look a lot fuller since we had just a 50 seater requirement. I did try a lot of on-the-spot improvisation to fill up the hall – arranged the tables wide apart in a zig-zag manner and whatnot. I asked for a partition to divide the hall into 2 parts, where one is the main conference area and the other becomes breakfast/networking area. We now required a PA system with microphones, a podium, and many such additional properties that would not have been needed for the hall we originally booked. I am now forced to pay up for these as additional expenses for no fault of ours but were promised that the properties will be delivered only the next morning since these have to be sourced from outside the hotel. With the help of the technician, I started to set up whatever little we could, to avoid hurrying things the next morning.

It was now 10 pm, and we turn on the in-house projector. And Voila! It does not work!
The hall has not been used for so long that they’ve forgotten to even maintain this space. The wiring was all gone. With no assistance from the hotel staff, we spent the rest of the night pulling down the false ceiling and replacing the wiring. We tried all sorts of combinations with our limited knowledge of the wiring in this hall and finally managed to get the projector to work at 11.20 pm. We swept, dusted and vacuum cleaned the entire place all by ourselves. I think we deserved at least a day’s wage to be paid to us by the hotel for putting us through this…but never mind!! We then placed all the conference material which was packed for us with great precision by Sunil and Poornima. Had it not been for them, I would have had absolutely no time to deal with this mess of a hall. I went about doing some more last-minute work like making table holders with MC branding, making signboards, etc. which were all originally supposed to be provided by the hotel.

We finished all this at half-past 1 in the morning. Take no chances, I made a checklist of all that is pending from the hotel including the podium, microphones, PA system, seat covers, etc. and handed it over to the hall in charge/technician, who in turn hands it over to the person replacing him after his shift ends at 3 am.

With very little sleep marred with restlessness, I returned to the conference hall next morning at 5.45 am, as I was informed that work would be resumed by the hotel staff at the same. I wasn’t too surprised to find the hall locked, no work done, no sight of the podium or PA system or anything we had asked for. The hall in-charge had not handed over the checklist to the person in the next shift. I somehow managed to pull in 3 random hotel staff and took matters into my own hands. The equipment reached the hotel at 7 am. I rushed and fixed up the PA system myself and got it working. The sound technician who arrived later took over that part. It was 7.30 am when the operations manager walks in to tell us that they couldn’t arrange the rest of the properties since it was too ‘last-minute’. I had to sternly remind them that it was because of their mismanagement and wrongly allocated hall that we had to request for these properties in the ‘last-minute’. Soon, Vidya and Lokanath arrived at the hall looking sharp and fully suited up – but then I had to ask them to get off the coats, roll up their sleeves and cover all the chairs with seat covers! Gentleman, thank you and I would have had a stress attack if I continued to stay alone in that room until 8 am. Your support at that time meant a lot.

“You sure can’t go back and change the beginning, but you can start where you are and change the ending”.We were finally ready exactly at 8 am when our attendees started arriving. The event went off very well with a few negligible hiccups here and there and……

We did it! We received a rating of 4.7 on 5… that’s better than last time! IN THE END, THIS IS ALL THAT MATTERED (Testimonial: ( http://www.molecularconnections.com/RTC_2019/)

Highlights of the Round Table

We always dream of traveling far and wide on work, driven by the misconception that it is luxurious and fancy. The truth is, business travel is extremely expensive and so we try to optimize the trip to the absolute maximum. We pack our schedule with at least 10 or 20 meetings per day, starting early in the morning and closing real late at night, every single day of our travel (our record on marathon meetings was set at the Frankfurt book fair last year. Between Mr. Jignesh our CEO and myself, we covered a total of 53 meetings in two days (without food/coffee, not even a loo break 😂😂). Every city we travel to throws at us different logistical problems, so most of the time we end up walking for kilometers together tugging our luggage, jumping in and out of trams, subways, buses, and trains, just to ensure we make it on time for our next meeting. We have to think twice before we pick our meal because the food is very expensive. We end up dealing with harsh weather. Several times we end up almost freezing in the snow while we wait for our next meeting or trains or bus, but we still have to look tip-top and present ourselves in our best manner and make MC proud.

The inference we can draw from our experience described so far is, Things can and will always go wrong because of several external factors which are not in our control. But we just can’t let such problems get in our way. We have to make adjustments, compromise, make smart strategic decisions and put up a great show in such a way that all the problems we face are invisible to all, but us.

But then, lucky for us, we are blessed to have a truly reliable workforce in MC!

2020ceo

2020:First step to another decade of Mind-blowing growth

Hi Family,

As the decade goes by – I reflect on how far we have come to this day. In 2009 we were ~200 people, 1-2 business offerings in one small office. Fast forward 10 years and we are >10x in team size, we have 10+ business offerings across 8 buildings in 4 cities. Now, we are amongst the top companies in the world in what we do. To say the least, we have “arrived”. THANKS TO YOU!!!

Our projects have become bigger, our sales have grown, our reach and impact have grown but in our hearts, we still remain small, agile and entrepreneurial and embody what really defines MC. 

2020 is a defining year in many ways, 

Externally:- We need to chisel our go-to-market strategy for the 5 divisions in the company – Publishing, Pharma, PSS, RWE & Tech and improve our visibility in the international markets. We are expanding globally, especially in sales and BD and overhauling our marketing presentations, collaterals, and conference presentations strategy. Growth is non-negotiable.

Internally:- the change that we are bringing is even more exciting. I’m really looking forward to the focus groups to define designations and map them to roles/tasks or improve our workflows and increase the efficiency of operations. I see more such organization-wide focus groups happening. I expect MC academy to become gold-standard – used by all of our operations and even support groups. Automation has to change how we run HR, Accounts and Admin functions.

All this cannot be done without a great and motivated team. You guys are the architects of this dream. Some of the key members of the team are already part of a very lucrative deferred bonus scheme. Plus HR has promised that they are launching a special scheme for the top talent in the company with fast track growth and additional m benefits. I am excited to see what you all can achieve… the potential is immense, the industry is opening up and we are at the right time and at the right place having the right platform to launch ourselves in the big data realm.

I have no doubt in my mind, that you all will take our company to newer heights in this decade the same way, you all did in the last one. From bottom of my heart – again – THANK YOU and with renewed vigor and tremendous faith in my team – I say, 2020, here we come. Wishing you all a happy new year.

Cheers!!

Jignesh

Thought Leadership Summit 2018

Krishna

Krishnaveni K

Director - Sales & Marketing

12th Sept 2018!! We hosted a round table conference on how publishers can “Achieving a Return on Investment from Content and Data Enrichment Projects” in London.  

Significant efforts and thought were put into planning, conceptualizing & hand-curating the program.  The event was by invitation-only, Round Table meeting for Senior Publishing Leaders to coincide with this year’s ALPSP International Conference at Beaumont House in Old Windsor

Beaumont House in Old Windsor

Next obvious question:  WHERE TO HOST IT? WHAT’S THE OBVIOUS CHOICE? 

We smartly positioned this event to save on cost & gained multifold:

  1. Capitalizing on international clientele, who were anyway going to attend ALPSP 2018 annual meet would help in drawing the right attention for MC’s event
  2. Tagging along with ALPSP (and our hard Negotiating skills 🙂 ) got us access to the venue at a highly discounted price !! double dhamaka 🙂

Combining MC’s Round Table with another internationally acclaimed conference, was indeed a strategic and an ingenious decision.  If not for this coincidence, Sigh!! Forget hosting a conference in London ever – the cost of hosting an event of this scale would skyrocket and MC has never invested nor will invest in “crowd-pleasing shows”.  Cost, pragmatism, biggest bang for buck and customer first still remained the focus.

Now, how do we get people to attend the “Round Table”? the focus is, of course, not to please and plead our existing clients but to attract new potential targets.  Moving on to the most challenging task…

  • Conceptualizing – why should one attend this meeting and listen to us?
  • What should be the right size of this meeting?
  • The format of the meeting? Topics of relevance to the industry?
  • What impact do we want to create? And what take-home message?
  • Who should be the speakers? And why?
  • What branding do we do around the event?
  • Target Market?

Pondered through a zillion questions & after months of brainstorming, freezing on a plan – We decided to get a consultant on board to execute our plan. And the plan was to tackle the next big potential 30-40 customers of ours, lock them in the room, literally and show that what we got to offer, without us “blowing our own trumpet”.   WE DECIDED THAT WE WILL NOT SPEAK AND LET THE GOOD WORK WE DID IN THE PAST, SPEAK FOR US!!

We lined up some speakers, who appreciate our good work, saw the potential of working with us and got them to talk about, why they chose to work with MOLECULAR CONNECTIONS.  Isn’t the best marketing always “word of mouth”??  and thanks to high-quality work done by MC family – our credibility within the industry has always been “top notch”.  

BD team generated a list of 250+ targeted leads including highly relevant companies, decision makers within those companies, invited them to attend the Round Table. 

Few months into the campaign – we had about 5 attendees.  Nervously, I started panicking and chasing the consultant make a splash and get more people on board and mid-august – we were still at 15 attendees. 

Since this was our first international conference, we did not want to make a public announcement, which restricted event promotion and hence registrations.  This was the challenge we decided to work with. 

Mission chase!!  run till you hit the targeted 40 attendees.  Note, this was a free event for attendees and still it was challenging for us to get them on board.  You can only imagine what it takes to put together a paid event. With just few weeks for the conference, sever personal calls were made to explain prospective attendees from across the globe “why this is one of its kind an event one should not miss”.  After multiple follow ups, late night calls, email blasts J, registrations started flowing in and at the end of sept, we were over booked for the round table.  We were thrilled to see the positive result and hard work paying off.

Some really exciting publishers and attendees came on board & we were short of space at Buckingham 4 (that’s where the conference happened).  Isn’t this a nice problem to have?  we sadly had to turn down a few registrations due to space constraints.

Top Registrations
Glimpse of backend preparations in full throttle
Speakers:

Max Gabriel

Max Gabriel joined Taylor & Francis Group, the Academic Publishing Division of Informa, as Chief Technology Officer (CTO) in 2015, where he is responsible for technology strategy, delivery and operations for the Group.

Max was previously CTO of Pearson India and Africa, where he was responsible for digital transformation. In this role, he successfully launched the company’s first tablet-based learning product in India.

Before joining Pearson, Max held senior technology leadership roles at Diageo, Pfizer and JP Morgan Chase. During his time at Diageo, Max led the Global Marketing Automation programme to deliver a cross-brand consumer engagement platform. At Pfizer, as Chief Enterprise Architect, he led the strategy and architecture for a sales transformation programme to implement a multi-channel customer-centric sales model in North America.

Max began his career as a programmer in the financial services industry, having completing his B.S. degree in computer science from M.S University, India. Max actively mentors and advises several tech start-ups in the media and education domain.

David Smith

David is currently Head of Product Solutions at the Institution of Engineering and Technology (The IET) where he’s responsible for most of the ‘techie’ things to do with scholarly product development. When not involved in scholarly publishing, he likes to indulge in astronomy, tinkering with things, and restoring a 1960 1600 MGA that currently resides in his garage. He’s not on Facebook, but he does tweet (a lot) (@drs1969).

After he received his D.phil in Molecular Biology from the University of York, David decided to join scholarly publishing. Currently, he is a technology strategist with strong background in developing profitable digital products for research and academic markets. He has more than 15 years of experience in leveraging technology, project management, strategic thinking, relationship building innovations and profitability.

Jonathan Griffin

Jonathan is the Managing Director at IFIS, a scientific publisher which specializes in food and nutrition.  Jonathan has been developing digital services for the academic and regulatory markets for the last 15 years. He has worked for Thomson Reuters and the British Standards Institution, where he was Head of Market Development.

Most recently, he worked at the Publishers Licensing Society, where he developed new licensing tools that won two innovation awards in 2017. He has an MBA from Edinburgh Business School.

Jonathan Hevenstone

Jonathan is the Senior Vice President of Business Development at Atypon.

Jonathan is responsible for setting and executing Atypon’s market and sales strategy as well as managing the sales and business development team. He has over fifteen years of diverse experience in the publishing and publishing services industries, including seven years in a sales and business development leadership role managing relationships with the world’s largest publishers and online retailers.

Jonathan holds a Bachelor of Arts degree from Dartmouth College and a Master of Arts degree in English Literature from New York University.

Finally, On the 6th of Sept, we were event ready ahead of time!!

I cannot thank Sunil, sushmitha (from BD team) Vidya, Lokanath (from IT and MC Labs) enough in getting the material all well packed and safe to London & administration team for their support in helping find the right vendor to work with.  All 40 bags, program material, feedback forms, discussion charts, every tiny material was personalized with the attendee names engraved on it. THE MC WAY 🙂

Having arrived at the venue on 11th Sept – it was time to Dot the i's and cross the t's . Gearing up for the big day !!
And there came the 12th of Sept …

Attendees started walking in at 8.15am. Even before we & the breakfast was ready:-P

Registrations followed by quick networking meet and greet session started bang at 8.30am. 

Andrea Powel, the consultant we chose to work with did the scene setting for the day and announced the format of the event once again and the discussions begun J

This special event focused exclusively on how scholarly publishers are creating commercial value from their data and content assets, either through new product development, operational efficiency or adding value to existing resources – including the challenges of extracting new value from archival content, the appropriate use of artificial intelligence in product development and the importance of data modelling and ontologies. 

The meeting was structured to facilitate in-depth interaction with peers from across the sector, by means of detailed case study presentations and “Chatham House” style discussions on topics of particular interest or concern.  Attendees were invited to share their concerns and key challenges in order to benefit from the insights and experiences of others around the table.

We concluded with Jignesh’s closing remarks “We had an amazing line-up of speakers, intellectually stimulating discussions and the round table did generate clear takeaways on some pressing industry issues”

Setting up productive conference discussions requires a well-defined strategy.  From venue location to presentation materials, each detail can impact the atmosphere and the outcome of a roundtable. We embarked on a journey through the best approaches to setup this event and launched the inaugural edition successfully.  We did a similar international event for our IPR business on – 2nd Nov 2017 with 150 participants attending the conference from across geographies.  Hoping this trend continues and we diversify hosting many such impactful events for MC’s businesses in the future.

‘Thank you Jignesh for the opportunity, reliance & allowing me a free hand in planning & executing this event, while you stood behind like a pillar of support & guidance’.

It was incredibly satisfying to receive positive & overwhelming feedback from the attendees and to have put up such a high quality program.  Icing of the cake was the standing ovation at the end of the conference for creating “a forum such us this” & us ‘MC’ taking lead on bringing global publishers to one intellectual consortium.  Nothing of this sort existed prior and we remain the pioneers in curating community beneficial events.   A clear showcase of MC thinking ahead of time & being “Thought Leaders in the industry” !!

A glimpse of the feedback from the attendees about the event

More than 90% of the participants reviewed the event, its contents, format, speakers, Topics chosen for the round table nothing less than “excellent to Very good”

For those who wish to catch glimpses of all that I narrated in action – do check out this video: