The old English phrase “Out with the Old and in with the New”, in its literal sense means “Moving forward” and that was one of the big takeaways for me at our conference in Munich this year.
Much of the conversation and discussion I heard and joined, was around many of the new challenges and opportunities facing our industry, many driven by the following client expectations; speed of service delivery, method of delivery, fee structure/fee models, blending of complimentary services, new providers/disrupters entering the market, so there is certainly plenty to keep the entrepreneurs within our industry focused and busy and the speed to innovate and implement will be key to future success, exciting times are ahead.
Another observation for me, was the number of new members at this year’s conference and the varying service categories that were represented. It was really great to see and hear this additional momentum and motivation and how new ideas and thinking will help shape our industry for the future.
As the market opportunity has grown over the last decade, in particular with organisations requiring more staff to be mobile, the number of people making International moves, often at their own request has seen significant growth, particularly within the Technology sector. There has also been a noticeable shift in the age profile and level of seniority moving, both of which have fallen and is likely to be a continual trend. This shift has led organisations to look even more closely at what is out there for them to “buy” that best fits their changing needs. As a consequence of this closer due diligence, many have now become better educated about the service models and delivery methods available and the operational layers and cost implications of the varying models. Many also understand that varying service scopes is an acceptable and practical way forward…. “One size fits all” is no longer always the requirement.
As we can see, things have and will continue to move forward and that is very much the mantra at EuRA, remaining proactive on and adapting to the new challenges our market and members face, is very much our focus and whilst this “Old President is stepping down, the New President is stepping up”, and Michèle Bramstoft will continue that momentum, with her own brand of dynamic motivation. EuRA remains in very safe hands.
I wish you all an enjoyable and prosperous summer.
Kindest regards and best wishes