Straight Talk: Sherrif Karamat, President and CEO, PCMA

April 6, 2022

Sherrif Karamat is a life-long learner with an impressive list of credentials—an MBA and post-graduate certificates in business, management, strategic negotiations, data intelligence and big data, to name a few. But some of his greatest lessons—personally and professionally—have come over the past two years of the pandemic. 

Capitalizing on those lessons is one of his top priorities as he guides the Professional Convention Management Association (PCMA) and its members in successfully moving forward in the evolving events environment. 

Reinvention is key, according to Karamat.

“Our industry has such a critical role to play in society,” he said. “We can’t go back to what ‘was’ and not provide new value.”

We sat down with Karamat to discover how he navigated and learned from the pandemic and get his thoughts on some of the best ways event professionals and the industry at large can innovate in a new era of events and what he is most looking forward to this year and beyond.

What are the biggest changes your organization has gone through in the past two years of the pandemic?

We’ve gone through so many changes, but one of the major ones is that we have been resolutely focused on data and data insights, so we can be responsive, not reactionary, to our members’ needs and our customers’ needs. We are hiring people with that kind of knowledge and data mindset. We are not in the technology business, we are in the business of human connections, and these are tools to enhance your connections. We want the best minds to help us to study that data, so we can develop experiences and products for what the audience wants. We’re never going to develop those products unless we are listening and responding, so we’ve been building an organization that's agile and responsive. Another change is that we have become a decentralized organization and have been progressively globalizing. We are now truly global and will develop the solutions close to where the people are as opposed to it all being developed in our Chicago office.

How do you think events should be different moving forward, and how can event professionals design the most impactful experiences?

There are four ways I think events must be transformed. The first is content. Are you listening to the challenges your industry is facing and delivering thought-provoking content that is relevant today? And not all with people speaking, but by bringing your audiences together for participatory, immersive and engaging conversations. Next is commerce. How you do business and create business opportunities and business networking is going to be critical. People are not going to walk down traditional trade show floors in the very near future. It doesn't mean that the trade show is dead. It’s the idea of commerce being alive and maybe greater than ever. Areas of commerce must be transformed into massive experiential brand experiences and brand innovations that allow people to engage in products and services. The third is community building. How can you be more inclusive with your community and allow them to feel like they belong and can contribute and shape the design of an event? The fourth is experience—the experience before, during and after the event. How do you intentionally design experiences that allow people to learn, grow, connect, conduct business, build relationships and feel like they belong? Events must be designed in that way, otherwise, people will go elsewhere or just not show up at all.

On stage at PCMA Convening Leaders (CL) in January 2022, you said COVID-19 may have been our biggest gift. What do you think was the real silver lining?

It's a painful thing to say when so many lives have been lost and people have suffered, and so I want to be mindful of that. But it has been a gift because I really believe that climate change can crush us all. The pandemic made us realize that we had better be careful. It was a cue to be more environmentally conscious and know that we have a responsibility to our future generations, and we can do better. As Scott Galloway said [during his PCMA CL 2022 session], we have the power to develop new fuel and new energy sources. [The cleaner environment as a result of people staying home] made the pandemic a precursor to much greater things. It was a wake-up call for all of us that we had better be careful and take climate change more seriously.  

What have you learned most about yourself during the pandemic?

I’ve learned that there's so much that we don't know. I’ve learned that little things matter, and we can do little things to make a lot of people much happier. I’ve found that people, even amid all the divisiveness and rhetoric of COVID, are a lot more caring. When you are home, reconnecting with family members more, you start realizing what's really important in life. You don't need to go on every trip around the world. You don't need to do everything. I've learned that sometimes we think our challenges are insurmountable, until you hear about someone else's challenges, and that you shouldn't always react to someone’s bad behavior because you don't know what's going on in their lives. I’ve learned to be a lot more patient. Most of all, I’ve learned that I still have a lot to learn.

What were some of the things you did for self-care and your overall well-being during the pandemic?

I’ve always been a health and fitness person, and since the gyms were closed a lot, I bought a Peloton. I’m hooked on it. I've also learned to slow down and that everything does not have to be done in the next second.

What are you most excited about for this year and beyond for PCMA?

One is that PCMA is resolute about delivering value to its membership and its audience and that PCMA is working on reimagining itself. So, I'm looking at how we will create new products that people are really interested in and looking at PCMA and its brands, and how that will evolve over the next couple of years, starting with this year. I’m also looking forward to a lot more of the next generation getting involved. They're bringing so much energy and different lenses into the picture. A lot of what happened with the [recent] resignations is that leaders did a bad job of creating next-generation leaders. Leadership is not a popularity contest, and it can be hard when everything rests on your shoulders. We must prepare people and develop them for that. So, I’m excited about what I see, and I think our future is bright.

Lastly, what's the first place you want to go for leisure as the world fully opens to travelers?

I want to go back to Positano on the Amalfi Coast and eat pasta for breakfast and lunch. I just love it there and the beauty of the Mediterranean. I think everybody should go and experience that once in their life.

Don’t miss any event-related news: Sign up for our weekly e-newsletter HERE and engage with us on TwitterFacebook and  LinkedIn!



Add new comment

Partner Voices
Every day, MGM Resorts hosts organizations and individuals from around the world with a diverse array of business purposes, needs and expectations. But they all have one thing in common—a host committed to making their meetings sustainable and unforgettable through close partnership and responsible meeting practices. Harnessing the Sun Meetings at MGM Resorts are predominantly powered by the sun, thanks to its innovative 100-megawatt solar array. As the largest directly sourced renewable electricity project in the hospitality industry, the solar array features 323,000 panels and produces up to 100% of MGM Resorts’ daytime power needs in Las Vegas.* Built in 2021, the solar array reduces the carbon footprint of meetings—and all of MGM Resorts—while still delivering an enlightening and electrifying guest experience. Leading Water Stewardship Knowing water is essential to operations, guests and employees, MGM Resorts has long employed various conservation measures and has doubled down on its commitment in recent years to become a leading corporate water steward. In 2022, MGM Resorts President and CEO Bill Hornbuckle signed the CEO Water Mandate, a United National Global Compact, becoming the first gaming company to endorse the initiative. The company replaced more than 200,000 square feet of real grass with drought-tolerant landscaping in Las Vegas and pledged to reduce water use by 33% by 2025 and by 35% by 2030. Between 2007 and 2022, MGM Resorts saved more than 6 billion gallons of water through water conservation. Fostering Diversity, Equity & Inclusion MGM Resorts serves a world of diverse people, perspectives and experiences by cultivating a workforce culture that embraces all of humanity. From mindful recruitment and hiring practices to meaningful social responsibility initiatives, MGM Resorts is a welcoming and inclusive space for veterans, individuals with disabilities, people from diverse backgrounds, LGBTQ+ community members and more. The company’s commitment to supplier diversity drives innovation by extending competitive opportunities to local and diverse-owned suppliers, while the MGM Resorts Supplier Diversity Mentorship Program provides diverse-owned businesses tools and resources to enhance and grow their businesses. Paying it Forward MGM Resorts knows that great companies must serve the greater good. That’s why paying it forward is part of its approach to meetings and events. Through the Feeding Forward Program, MGM Resorts collects and preserves unserved and untouched food from conventions held at its properties, then safely donates to food-insecure people through a partnership with Three Square, Southern Nevada’s primary food bank. Since 2016, MGM Resorts has donated more than 3.7 million meals, with a goal of 5 million meal donations by 2025. Donations include unserved perishable prepared foods from events, perishable unprepared food from MGM Resorts’ kitchens and nonperishable food items from minibars and warehouses. From world-class venues and experiences to industry leading responsible meeting practices, MGM Resorts is proud to host meaningful and sustainable events. *Not including The Cosmopolitan of Las Vegas