Global Events: Macro Environment, SWOT, and Successful Planning

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Added on  2023/06/18

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This presentation provides an overview of the positive and negative impacts of global events on the macro environment, using the Tokyo Summer Olympics 2021 as a case study. It evaluates political, economic, technological, legal, and environmental factors, offering recommendations for improvements and solutions. A SWOT analysis highlights the strengths, weaknesses, opportunities, and threats associated with hosting such events, emphasizing the importance of internal and external analysis for successful planning. The presentation concludes that understanding and analyzing these factors are crucial for effective decision-making and event organization, promoting economic growth and development while mitigating negative impacts.
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Global Events
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Table of content
Introduction
Positive and negative impacts of global events on macro environment
Evaluate the macro environmental factors
Recommendations for improvements and solutions for a specific event
SWOT Tools
Critically evaluate the criteria that are essential for the successful planning of events
Conclusion
References
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Introduction
The hosting of various global events such as the Olympics,
World Cups and different cultural festival provide the
opportunity for growth and development to the hosting countries.
The following presentation will highlight the positive and
negative factors along with the influencing criteria on global
events that impact its decision making process.
Along with SWOT analysis and its impact on the internal and
external environment that need to be considered by the event
industry.
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Positive and negative impacts of global events
on macro environment
The global event such as Tokyo summer games Olympics 2021 has an direct impact on the macro
environmental factors.
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Political factors:
This factor is conceded with the government policies
and regulation which have direct impact on the global
event organizations.
Events such as Tokyo summer games Olympics 2021,
saw new rules and regulation being established due to
the situation of COVID-19.
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Tourism and economic factors:
The event of Tokyo summer games Olympics 2021 has
enabled Tokyo to attract large number of audience both
domestic and international to attend the event.
This has given arise to economic growth in the country as
there has been an increase in revenue from enterprises such
as local vendors, hotels and other facilities to assist
travellers.
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Technological factors:
The event of Tokyo summer games Olympics 2021
have an direct impact on the technological
environment as it is crucial to have advance
technological resource to how such massive event.
The event promotes development of new and effective
technology which assist the organization of the event.
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Legal factors:
The event of Tokyo summer games Olympics
2021 impacted the legal environment by
introduced various laws.
These laws were relative to the interaction
between the local community and the foreign
travels. due to the restriction of COVID-19
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Environmental factors:
The event of Tokyo summer games Olympics 2021 has
caused and impacted the environmental factor of Tokyo as
due to the large attendance of audience.
The massive audience resulted in increase in waste and
pollution affected both the foreign travellers and local
community.
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Evaluate the macro environmental factors
The macro factors of environment play a crucial role while
organizing an event in an effective manner to ensure growth
and development of event industry. The event of Tokyo
summer games Olympics 2021 had direct impact on the
political environment of the host country as it saw effective
placement of regulation to safeguard their local community as
well as foreign travels from the COVID-19 situation.
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In addition to this Tokyo summer games Olympics
2021 helped in establishing various laws to assist
foreign travels from conflict. On the contrary the
event had a massive negative impact on the
environment of Tokyo as it saw increase in waste and
pollution due to large attendance of audience.
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