Latest headlines: Mark Coxon on the battle of the AV monoliths, Murphy Daley on setting her team up for success and more
August 12, 2021 | Volume: 12 | Issue: 15
Gary and I talked this week on rAVe [TV] about how hybrid meetings are here to stay. With everything going on with the delta variant of COVID-19, there is a good chance people will continue to take many of their meetings from home. But some may choose to work and take meetings from the conference room just because they want to. In multiple conversations, I’ve heard this idea of “meeting equity,” the idea that everyone — no matter where they take the meeting from — should have the same experience. So how are you looking for and encouraging manufacturers to build solutions that can create that experience? Do such things ~actually~ exist? Or are we doomed to …… some version of this forever? (I will add that we sang happy birthday to a member of rAVe staff the other day; half of us were in the office and half over Zoom — it didn’t go well.)
Speaking of here to stay, Mark Coxon wrote a good piece on all of the mergers and acquisitions that have seemed to take over lately. My big question is: Are the mergers and acquisitions here to stay? Is this simply a COVID-amplified trend? Or a cycle of business? If these continue, is having only a handful of mega-integration firms suitable for the industry? We’ll see!
That’s all from me this week; I’ve probably given you plenty to ponder.
It’s Merger and Acquisition season again, and if you didn’t see it, Diversified just brought HB Communications into its fold and staked its claim as the world’s largest AV integration firm. In 2019, AVI-SPL and Whitlock became one as well, making it the previous heavyweight champ.
Like G-force when a roller coaster takes off, the COVID-19 lockdown shoved me deep into my own seat. Forces greater than myself took away the freedoms I was used to. Possibilities were restricted. But work still had to happen. I had to find new ways to reach out of my space to work with others. I wanted to do anything I could to set my team up for success. We were in this together, just separately. What could I do to improve this situation?