Improving Convention Center Management Using
Business Analytics and Key Performance Indicators
Volume 1 – Focusing on Fundamentals
Volume 2 – Advanced Practices
I wrote this book because I believe convention centers can perform better. Many in senior management feel likewise and have a sense of their center’s potential for growth. As busy as they are, there’s little time available for thoughtful development of a fulsome management strategy to lift their center’s performance. In their work environment it’s common for management’s attention to be diverted and overwhelmed by the small problems of the day. Meeting agendas where important matters are reviewed are often deferred. Why is this so? While business and operational data are there, they are mostly financial with few if any operational metrics such as labor productivity or net square footage. The data are also not collected and organized in a form that is easy to follow, draw conclusions and acted on. Action is most likely not data – based but rather based on intuition and gut feeling. How can you get past this, where can you turn? The answer is to adopt and embrace business analytics and key performance indicators (KPIs). My book guides you through that process. It ties theory to actual practice. It rolls out sound practical advice from an author who has experienced and succeeded in what was one of the toughest work environments in our industry. Other KPI advice and “how to” books do not touch on performance metrics unique to our industry. The KPIs they describe are very general and only presented in publications such as annual reports. This book is best suited for practitioners who work at convention centers or with companies that services convention centers. These are the individuals who make things work: managers at all levels, from senior leadership to floor supervisors. This book is also a useful resource for those in graduate schools of business, hospitality and hotel administration. Others may find it informative too; political staff, city managers, hotel operators, bond underwriters and investors, citizens groups, and all those businesses that either supply, service, or depend on convention center events.
Early Reviews
“Myles shares his experience by demonstrating a practical and data - driven approach to managing convention centers. His use of analytics provides the basis for identifying strengths, weaknesses and opportunities for growth. Myles makes this a must read for convention management looking to optimize performance and demonstrate results.”
— Skip Cox. Senior VP - Research and Measurement, The Freeman Company
“Finally! A refreshing perspective on convention centre management in North America. These economic engines have long been viewed as loss-leaders, which this book aptly points out. Well done to Myles for bringing clarity and perspective to these undervalued assets.”
— Lorenz Hassenstein, President and CEO, Metro Toronto Convention Centre
“Thank you Myles for filling this critical gap! Having served convention centers across North America and the U.K. for 20 years, it is clear that analytics-based management systems are succeeding at the expense of centers that continue to ‘manage-by-gut’. This book provides an effective, step-by-step guide as to how to administer the right KPIs to deliver success. I highly recommend it to anyone involved in the management of convention centers.”
— Bob Pascal, former Chief Marketing Officer, Centerplate, Inc.
Myles McGrane was formerly the General Manager for the Javits Center in New York .He also held management positions at NBC, Ogden Corp. and Centerplate. Presently he is owner of the convention center consultancy, MTMConsult, LLC. Previous to his business career he was a Navy pilot. He holds degrees from the US Naval Academy and the University of Tennessee.
Where to Buy
To purchase the books, go to: Business Expert Press and click on the book covers.
Each volume is separately priced. Discounts are available until 10/30/2020.Use code OR2020.
Ebook version is available. Price is less than paperback
Amazon Gardners Books Kobo.com (ebooks)
Contents
Introduction
Chapter 1 Convention Center Business Fundamentals
Chapter 2 Sales and Marketing
Chapter 3 Earned (or Operating) Revenue Details
Chapter 4 Operating Expense Details
Chapter 5 KPIs Applied: The Case of the Contradictory KPIs
Chapter 6 Customer Service
Chapter 7 Security and Safety
Chapter 8 Facility Condition, Readiness, and Capital Spending
Chapter 9 Human Resources (HR)
Chapter 10 Sustainability
References
About the Author
Index
Contents
Introduction
Chapter 1 Convention Center Business Fundamentals: Derivatives
Chapter 2 Sales and Marketing Derivatives
Chapter 3 Earned (or Operating) Service Revenue Details: Derivatives
Chapter 4 Operating Expense Details: Derivatives
Chapter 5 KPIs Applied: The Case of the Declining Profit Margin
Chapter 6 Security and Safety Derivatives
Chapter 7 Facility Condition and Capital Spending Derivatives
Chapter 8 Human Resources Derivatives
Chapter 9 Sustainability Derivatives
Chapter 10 Presenting and Displaying KPIs
Chapter 11 Framework and Context and Steps for Implementing a KPI Program
Chapter 12 Last Word
Addendum: The COVID - 19 Pandemic
References
About the Author
Index