This report discusses the diversity of the global event industry and the factors that impact its development. It explores the role of events in society and evaluates the range of global events. The report also reviews management strategies that support events and assesses the critical impact of global events on the environment.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Global Events
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Contents INTRODUCTION...........................................................................................................................1 PART A...........................................................................................................................................1 P1 Diversity of global event industry..........................................................................................1 P2 Discuss numerous factors which impact development of the events industry globally........2 M1 Factors which has influenced structure, development and organization..............................3 D1Critically examine the role which impact the event industry and the role play in society.....3 Task 2...............................................................................................................................................4 P3 Produce an evaluation for the range of global event..............................................................4 P4 Review management strategies that support the event...........................................................4 M2 Critically evaluate the management strategies for the event industry...................................5 D2 Assess critical impact of global event on the environment....................................................5 PART B............................................................................................................................................5 (Covered in PPT).........................................................................................................................5 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................7
INTRODUCTION Global events are run out by international industry that organise different types of programme and events which attracts people and maintain a good image. It is important for business organisation to manage their functions and events as well. It mainly focuses on exhibition and conference whichprovide information at level. All events are organise by a planner or manager who organise the events as per their clients. To understand about Global events International Confex has been taken that is UK based company organise events for their customers and others successfully (About International Confex, 2019). It organise public, corporate, wedding and private events at large scale. This report covers information such as factors which can influence the diverse events, impacts of the events on environment which are responsible for event development, impacts of macro environment in global industry that influences decision making of business (Mendelsohn and Saher, 2011). PART A P1 Diversity of global event industry Event: This means any programme and something that happens in order to aware people, enjoys and promoting the new product in market is consider as event. In other words, a planed and organized occasion for the purpose of enjoying and providing information. For example, sports match, wedding planning, world cup etc. Different types of events are as discussed: As per size Local or community events:This means to conduct the occasions and events by collecting the people of various communities at public place is consider as community events. Herein, no discrimination occurs between people on the basis of community, culture, colour, sex, language etc. Such type of event are organised to develop the economic growth and improving the social relations which helps to increase awareness. Mega events:Such events need very short time to organise and earn huge amount of profit. These are organised to encourage people at the global level. It need lot of investment for the purpose of protecting position level and tourism at marketplace (Melezhik and et. al., 2012). As per the content or form Sports events:Events are organised for the purpose of different types of sports such as athletics, Olympics, World cup, Fifa world cup so on. To organise such content and form of 1
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
event are require government regulations which helps to conduct such events. It organised at wider level which attracts people more and helps to gain competitive advantages. Business events:Such events are organised only for business purpose that requires minimum 15 people to organise this. It helps to develop the healthy and business relations which processed to high profits. This involves promotional, marketing and others activities to organise the business events. Structure of event industry Event management companies:This consider those organisation which are established to conduct the event and managing them properly as per customer requirement. For instance, social events, meetings, wedding plan, conference etc. Venues:This states places which are important to organised an event. Places and venues are the key point of success and growth which attracts customers by location and conduct successful events (Nelson and Bancel, 2011). Event industry:In business environment there are many event organised industry that provide proper facility and arrangements to people to organise an events and earn desired results effectively. Role of event in society Events are the organised plans which runs by event organiser as per customer or organisation demand in order to aware people which helps to increase the sale of business. It impacts positively as success and development of country as well as organisation. Events are playing important role in society as it helps to build good relations with society and their people and keep in touch. For instance, Festival events, culture events, society planning, kitty events etc. which helps to maintain good relations (Classen and et. al., 2011). It also develop understanding and link between people by organising events and creating different opportunities for people. Moreover, by sharing ideas and thoughts people can attain the social objectives. P2 Discuss numerous factors which impact development of the events industry globally Event industry at national and international level organise the plans accordingly which helps to attracts the people more and increasing economical growth (Taks, 2013). In global business there are various factors which can impacts on global development such as: 2
Motivation and requirement of different events:This factor states that motivation is important for business organisation as it helps to increase the organisational productivity and profitability. The main purpose of conducting the events isto motivate and attracts the people which helps to fill the requirements. For instance, personal, social and culture are those factors which can affect the global event industry by attaining market share and profitability. Moreover, it helps to raise the financial position of country by organising events. Event history and social factors:the main focus of this element considers society, geography and culture which helps to attracts the people more. Social factor involves changing in demand and fashion which needs to arrange the events accordingly. To organise any events there should be history and interest information of people which can impacts positively on global event (Wang and Snoussi, 2014). For instance, International Confex Event industry manage the events by focusing on beliefs, shared values and culture and organise the events accordingly which helps to develop the global events efficiently. Thus, above mentioned factors can impacts on development of global events. It can influence the International Confex Event industry by focusing on social and motivational factors it can increase the development of Global events. It helps to operate the all functions successfully and create a good position in market. Moreover, by organising event globally CSR also increases which leads to economical growth and development (Kirkendall and et. al., 2012). M1 Factors which has influenced structure, development and organization In business environment there are various event industry that organises events and plans which helps in economical development and growth of organisation. Macro factors are consider as those factors which impacts on event industry and improve the rigid working structure, development and sustain economic development. It is important for event industry to improve the organisation development, structure and culture which can influence the event industry (Zscheischler and et. al., 2014). All are playing different role in society such as they enhance the education and knowledge of society people, provide job opportunity, reduce the poverty level by organising international events. D1Critically examine the role which impact the event industry and the role play in society From the above factors it has been critically evaluated that events in society are helpful to increase the living standard of people. It helps to enhance the knowledge and experience of people by organising events globally. With the help of global event industry become more 3
resourceful and financial strong which helps to meet with expectations.Motivation and history event requirement industry are those factors which can shape the event industry and conduct events successfully (Wang and et. al., 2014). Task 2 P3 Produce an evaluation for the range of global event Sustainability has gained much importance in recent years. If the events are planned in a sustainable manner then it will create value among the stakeholders of the company and also benefits the nation with the improved environment. So, with sustainability a lot of wastage has reduced which has decreased the negative effect on the society as a whole. International Confex, a well known exhibition centre has also been successful in creating legacy in the way that they hold a very strong belief in using the recycled things which creates a sustainable environment. Their efforts has also enhanced the female participation in the Olympics and they even gives best facilities. As the business gives best facilities in the field of sports events, a lot of pollution is created like carbon emission and due to this there is a strong need for them to increase the use of sustainable methods and resources (Doherty and Clayton, 2011). A very standard example of this is when Rio has initiated with a program in 2016. Rio made the medals from the materials which were recycled for the ceremony in the Olympic games. They also made use of solar technology to save the energy and even created a sustainable design of their logo. This has created a lot of positive impact on the environment and had left a lasting impact or legacy among the local people. So, the global events should be planned in a way that it creates positivity in the environment and leaves a much lasting impact. P4 Review management strategies that support the event There are various strategies followed by the event managers to manage and develop many global well known events and to make them work smoothly. Events are organized for many reasons like enhancing the image of the brand, increase the sales by taking the leads from thereandtobuildrelationshipswiththecustomers(Franz-Wachtelandet.al.,2012). International Confex must develop objectives that are specific, attainable, can be completed on time, can be measured and must be realistic. They should also use key performance indicators i.e. KPIs to measure their performance and to look that where they are standing. Event organizers can also make appropriate budgets to forecast the expenditures so that there are no unnecessary 4
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
spending in the process of events. Government plays a crucial role in marketing of the national events and funds a lot of conferences and exhibitions for the general public. Government partners with various private event companies to effectively plan and organize the events and implementing the strategies to make them successful as they comprises a major part for the growth of the economy. Events can be well planned and marketed with the use of social media like Instagram, Facebook, and even new techniques like SEO, pay per click, etc. so that awareness can be increased among the people (Sun and et. al., 2016). International Confex uses print as well as social media to encourage people to come to the event and to enhance enthusiasm among the sports lovers. Marketing and promotions are the main strategies for the global events. M2 Critically evaluate the management strategies for the event industry Propermanagementstrategiescanbehelpfulinmaximizingthereturnsofthe stakeholders. Companies should focus upon the stakeholders and should make efficient use of various resources used by the organization for the events as this will directly impact their returns. International Confex make various efforts to convey the sustainable activities they are doing which make people aware and leaves a direct positive impact in the minds of all the stakeholders. They even manage to organize the meetings on timely basis to make several decisions and bring innovation in their current strategies. All these management strategies help the company in making the global events successful. D2 Assess critical impact of global event on the environment The huge events conducted at a global level has a huge impact on the society. The impact is both negative as well as positive. Negative impact is there as these events harms the environment a lot and creates a lot of emissions as well. So, companies should definitely take some steps to increase the CSR activities and use the resources which are sustainable in nature. Event organizers should understand the impact they are creating on the environment and must take responsible steps to reduce that impact (Turner and et. al., 2014). More activities must be planned which will create value for all the stakeholders and overall improvement can be there in the economic and social environment as well. 5
PART B (Covered in PPT) CONCLUSION From the preceding information it has been concluded that global event are those events which attracts the people by collecting at one place. It is important for event industry to focus on external and internal factors which helps to deal with difficulties and shows positive and negative impacts. There are different types of global events such mega event, local and community events that are depends on size, form and content which are run by a person who have knowledge about management and controlling the functions. Management event strategies are consider SMART objectives and budget planning and event management strategy which helps to deal with all events and make them successful. 6
REFERENCES Books and Journals Mendelsohn, R.O. and Saher, G., 2011.The global impact of climate change on extreme events. Washington, DC: World Bank. Melezhik, V. and et. al., 2012.Reading the Archive of Earth’s Oxygenation: Volume 3: Global Events and the Fennoscandian Arctic Russia-Drilling Early Earth Project. Springer Science & Business Media. Nelson, R. and Bancel, P., 2011. Effects of mass consciousness: changes in random data during global events.Explore.7(6). pp.373-383. Classen, D. C. and et. al., 2011. ‘Global trigger tool’shows that adverse events in hospitals may be ten times greater than previously measured.Health affairs. 30(4). pp.581-589. Taks, M., 2013. Social sustainability of non-mega sport events in a global world1.European Journal for Sport and Society. 10(2). pp.121-141. Wang, T. and Snoussi, H., 2014. Detection of abnormal visual events via global optical flow orientation histogram.IEEE Transactions on Information Forensics and Security. 9(6). pp.988-998. Kirkendall, E.S. and et. al., 2012. Measuring adverse events and levels of harm in pediatric inpatients with the Global Trigger Tool.Pediatrics. 130(5). pp.e1206-e1214. Zscheischler, J. and et. al., 2014. A few extreme events dominate global interannual variability in gross primary production.Environmental Research Letters. 9(3). p.035001. Wang, Q. and et. al., 2014. Temporal-spatial characteristics of severe drought events and their impact on agriculture on a global scale.Quaternary International. 349. pp.10-21. Doherty,T.J.andClayton,S.,2011.Thepsychologicalimpactsofglobalclimate change.American Psychologist. 66(4). p.265. Franz-Wachtel,M.andet.al.,2012.GlobaldetectionofproteinkinaseD-dependent phosphorylationeventsinnocodazole-treatedhumancells.Molecular&Cellular Proteomics. 11(5). pp.160-170. Sun, W., and et. al., 2016. Changes in extreme temperature and precipitation events in the Loess Plateau (China) during 1960–2013 under global warming.Atmospheric Research. 168. pp.33-48. Turner, S. K. and et. al., 2014. Persistence of carbon release events through the peak of early Eocene global warmth.Nature Geoscience. 7(10). p.748. Online AboutInternationalConfex.2019.[Online].Availablethrough: <https://www.international-confex.com/> Mendelsohn, R.O. and Saher, G., 2011Melezhik, V. and et. al., 2012Nelson, R. and Bancel, P., 2011Classen, D. C. and et. al.,2011.Taks, M., 2013Wang, T.and Snoussi, H., 2014Kirkendall, E.S. and et. al., 2012Zscheischler, J. and et. al., 2014.Wang, Q. and et. al., 2014Doherty, T. J. and Clayton, S., 2011Franz-Wachtel, M. and et. al., 2012.Sun, W., and et. al., 2016.Turner, S. K. and et. al., 2014. 7