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The Value of Legacy

Below we present some of the reasons why various stakeholders can find it valuable to get involved in a legacy process.

Association
Copenhagen Legacy Lab

Association

  • Validate and achieve purpose, goals, and objectives
  • Contribute to solving global challenges
  • Increased number of delegates
  • Increased revenues from delegates and sponsors
  • Enhanced event strategy
  • Membership engagement and growth
  • Unlock new funding opportunities
Local host
Copenhagen Legacy Lab

Local Host

  • Solve local challenges within the field of research
  • Build a congress that leverages local knowledge and showcases the destination
  • Build a congress or event that stands out
  • Build a congress or event that creates awareness, buzz, and great stories
The Value of Legacy for Local Business Stakeholders
Copenhagen Legacy Lab

Business Stakeholders

  • Economic growth
  • Increased innovation
  • Increased export
  • Branding
  • Access to new knowledge
  • Talent attraction
  • New network and partnership opportunities
Educational stakeholders
Copenhagen Legacy Lab

Educational Stakeholders

  • Showcase research and field of expertise
  • International branding
  • Gain access to the latest knowledge
  • Networking and collaboration opportunities
  • Attract students and PhDs
  • Attract new funding
Governmental stakeholders
Copenhagen Legacy Lab

Governmental Stakeholders

  • Solve global, national, or local challenges
  • Showcase local destination
  • Strengthen public-private partnerships
  • Improve policy and legislation
  • Improve quality of life for its citizens
Destination
Copenhagen Legacy Lab

Local Destination

  • Broader value creation from congresses and events
  • Improve the local destination
  • Employer branding
  • Win more bids
  • Support long-term funding

Why Now?

Several forceful external realities are asserting pressure on the meetings and events industry. This questions our very reason to host and attend congresses and events.

Illustration af klimakrise
Copenhagen Legacy Lab

The Climate Crisis

The meetings and events industry depends on millions of people being flown around the world to meet in temporary settings. The consequence is a substantial carbon footprint. We see our necessary response as twofold; first, the industry must actively engage in reducing the carbon footprint of congresses and events. Second, the industry has an obligation to unfold the full potential of the meetings.

Illustration - Pursuit of Purpose
Copenhagen Legacy Lab

The Pursuit of Purpose

To woo clients, attract the brightest talents, involve citizens, and work with the best research partners in the future, progressive companies need a stronger purpose than merely generating short-term profit for their shareholders.

Pandemics
Copenhagen Legacy Lab

Health & Pandemics

COVID-19 has significantly impacted the global economy, and the meetings and events industry is transforming permanently as a consequence. The focus on health risks has increased both for the delegates attending in-person events and also in terms of the implications it may have on their place of employments.

Illustration - Tech Revolution smartphone
Copenhagen Legacy Lab

The Tech Revolution

The rapid development of new tech solutions, that can facilitate large and effective virtual meetings worldwide, is becoming cheaper, more advanced, and more real in its ability to transmit human communication and interaction. This will increasingly challenge the need to bring large numbers of geographically dispersed people together in one location for a given period of time.

Illustration - Collaborative Knowledge Production
Copenhagen Legacy Lab

The Collaborative Era in Knowledge Production

We live in a time, where the forms of knowledge production are undergoing massive changes due to the abundant availability of data, information, and knowledge. We are moving towards an era characterised by collaboration, internationalisation, interdisciplinarity, cross-sectorial alliances, openness, and problem-focused research. In this era, meetings will become even more important as platforms for disseminating and sharing information and networking.

Political instability
Copenhagen Legacy Lab

Political Instability and Unexpected Change

Global circumstances, such as political instability, war, and recession can lead to new and unforeseen situations. Thus, the industry must be ready to adapt, create sustainable business models, and use congresses and events as catalysts for positive change.

Gerda Marie Rist GMR
Congress

Lead of Copenhagen Legacy Lab

gmr@woco.dk

Jakob Kjeldgaard Jensen JKJ
Major Events

Manager - Copenhagen Legacy Lab

jkj@woco.dk

 

Read more about our work with congresses and events which Copenhagen Legacy Lab supports, by ensuring a broader value creation, supporting some of our strongholds here among Life Science, Green Transition, and Information & Communications Technology.