Diversity and Factors Influencing the Global Events Industry

Global Events

Table of Contents
Introduction......................................................................................................................................3
Main Body.......................................................................................................................................3
Diversity of global events industry and its structure & organising different events within a
given society...............................................................................................................................3
Factors that have influenced the development of the events industry on both a local and global
level.............................................................................................................................................5
Evaluation of key factors that have influenced development of the event industry and role of
different events within a society.................................................................................................6
Key factors that have influenced and shaped event industry and their role................................6
Evaluation which demonstrate value, impact and legacy of a range of global events together
within the environment in which organisation operate...............................................................7
Review management strategies to support the responsible event across the range of global
events..........................................................................................................................................8
Critical evaluation of specific management strategies................................................................9
Impact of the global events on different levels on the environment.........................................10
CONCLUSION ............................................................................................................................10
REFERENCES..............................................................................................................................11
References......................................................................................................................................13

Introduction
Management of an event can sometimes proves to be a complex process considering
several aspects of market conditions and regular changes in consumer behaviours. The term
event management refers to application of techniques derived from project management for
ensuring better usage of resources being invested in the event. In the given context, operational
working of “ExCel, London” which is an exhibition and international convention centre in the
Royal Docks, East London. The respective exhibition centre started its operations since 2000 and
was owned by Abu Dhabi National Exhibition Company (Arriagada and Ibáñez, 2019). For the
given report, various researches will be conducted on the specified business operational area of
the corporate firm with respect to engage better usage of resources for performing better business
operations. Moreover, this report is is an inclusion of exploring factors through which chosen
company can attain its growth objectives and will evaluate factors that influence growth factors
for the given company.
Main Body
Diversity of global events industry and its structure & organising different events within a given
society
Diversity in an organisational firm plays an important role as it motivates respective
employees working in the corporate firm to develop understandings of team effort and complete
organisational goals with effective use of resources. In the given context of diversity of global
events industry. Operational working at “ExCel, London” seeks to focus on such diversity which
makes creates a better understandings regarding organisational goals and assist in simplifying
efforts being produced by respective employee working in the corporate firm (Arrowsmith and
et. al., 2021). There are different ways for grouping events, it includes form, size and content;
Local or community events
Such types of events targets local audience and are subjected towards extraction of fun
activities, entertainment and socialising. This type of events include ranges of benefits,
strengthening social aspects in the society, good society environment etc.
Organising such events takes place at a small-scale working of a local authority or a
community. A series of actions can be supported at local level can be arranged for organising
such events. This includes;

 Pulling working in team.
 Budgeting
 Communicating
 Licensing (event permission, insurance etc.)
 Cost reduction methods
Mega events
These types of events are an inclusion of attracting significant number of tourists or local
individuals to gain economic benefits in a given economy or society. Such types of events aims
at attracting interest of public that has a scope nationally as well as internationally through
mediums of media converge and spectator attendance (Belhabib and et. al., 2018). These types of
events possess the potential to influence working of the entire economies in the global media. In
its inclusion generally Olympic games, FIFA World cup are example of games that fits under the
category of such events.
As being indulged in organising a mega event various factors are to be taken in
consideration with respect to large number of visitors and their related securities. In the process
of organising a mega event large amount of resources are being invested which further adds to
burden on the organisers of the event. The structure of such types of events includes variety of
work departments under which operations of events are being distributed (Boardman, Henninger
and Zhu, 2020). Such types of events have large number of mediate reach and comes with large
amount of investment of cost resources in a given economy.
Mega events