Declining attendee numbers at annual meetings is a trend being played out across the globe, with shareholder and member engagement being a top of mind issue for many organizations. One of the questions we get asked most frequently is “How do they do it in other countries?”.
With our team working in countries across Canada and The Americas, the UK, Continental Europe, Southern Africa, the Middle East, Singapore, Malaysia and Australasia, Lumi is fortunate to have a unique perspective on the world of AGM, and how meetings are changing across the world.
Our latest whitepaper, Global AGM Trends, not only answers this frequently-asked question, but also sheds some light on the changing landscape of meetings, and how the use of technology is at the forefront of this change.
To put this into context we need to think retrospectively. Traditionally, the format of Annual General Meetings has remained relatively unchanged for years. And with the core two functions of an annual meeting - one being the forum for collective engagement between shareholders and the board; the second being a decision making event for the passing of resolutions - also remaining constant, there has been little need to evolve.
However, with the greater diversification of the shareholder / member base, together with the rise of the digital age, there is a need to maintain the relevance of the annual meeting, and this focus is common across all industries, sectors, and organizations - whether listed or non-listed.
The adoption of digital and online methods within the annual meeting has grown over the past few years from a small percentage of early adopters to a major trend across industries (Prism Cosec, 2017).
The world of meetings is changing and the ripple effects are being felt across the globe. Regardless of location, continent or regional norms, annual meetings have evolved.
If you are interested in finding out how some of the key influencer countries across the world are reacting to the digitalization of annual meetings we have created a free whitepaper which is available for a limited time only. Although the reasons vary from country to country, the result is the same, digital participation in annual meetings is inevitable and growing year on year. Click the button below to get your free copy today.