Global Events: Organisational Structure, Roles, and Impact
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This report discusses the organisational structure and roles of global events in society. It explores the factors influencing the development of global events and their impact on the environment. The report also covers management strategies for successful global events.
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Global Events
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Table of Contents Introduction.....................................................................................................................................3 Task 1..............................................................................................................................................3 P1 Organisational Structure of global event and roles of various global events in the society.3 P2 Development of global events are influences by various factors......................................5 Task 2...............................................................................................................................................6 P3 Operating the environment of global event in terms of value, impacts and legacy..........6 P4 Management strategies which is responsible for the development of global event..........7 TASK 3 and TASK 4 ( Power Point Presentation)..........................................................................8 Conclusion....................................................................................................................................14 References.....................................................................................................................................15
Introduction The large scale events including festivals, formal parties, Olympics and concepts include in the Global event industry that develops and organised. These events are different in sizes and are of different types. Companies under the global event industry are differentiated on the basis of size, type, resources, organisers and many others. This report is in the context of London's ExCeL exhibition centre who organises events at global level. In 2012, London's ExCeL exhibition centre conducted an Olympic event in which they get success and sustainability in the market (Xia and et.al., 2019). This report covers brief explanation of global event industry and their role. It includes environmental factors that influences the mega event. Also there is internal and external analysis to be presented on this discussion. Task 1 P1 Organisational Structure of global event and roles of various global events in the society. Global events are such type of events that have a global reach but it organise only from shorter period of time. It require significant investments and sponsorships from big companies, organisation, businesses and many others and have an impact on population and built the successful environment. There are many ways to categorize the diversity on the basis of size, form and content. Societies and event audiences are increasing nowadays due to which ethnicity and diversification are rapidly increasing. To increase the diversification in global event industry there are various strategies which needs to be adopt such as ๏ทAvoid the invisible minority effect: It suggest that for any mega event there is a need to have majority of people where discrimination should be strictly avoided. ๏ทPay attention towards the event professionals: It refers to the selection of leaders and managers who have responsibilities and duties to make the global event successful. ๏ทBroaden the selection pool: It suggested that there is a need of proper planning of global event including speakers, facilitators, panellists and many others. ๏ทSet the objective criteria and analyse the budget: It refers to understand the proper plan which is to be implemented to make the global event successful. There is a need to have budget planning in every department of the global event so that there must be set criteria and analysation of global event (Jones and et. al., 2019).
The structure of the event industry Various organisations are hosted mega events, which maybe the event specified bodies. The companies who organise event are generally organise them on a contract basis. They are responsible for all the products and services which is useful in implementation of the global event. Event management companies:It is a necessary task to examine the organisation which are taking the responsibilities of event management. There are different type of events including business parties, mega event, family parties that handled by the event manager. Therefore it is a responsibility of such event management companies to help the organisation in planning and procedure of the mega event. ' Venue:It is a systematic approach that determine the size and decorum of the global event. Different events including the business parties, Olympic games, World cup, family parties are different of sizes. Different sizes have different ways of presentation in the global event. Event size:The size of the event is categorize on the basis of size of the event. Common categories include major events, mega events, hallmark events and local communities events.1.Major events:It refers to the big events which include media attention and economic events. Major sporting event involves competition between teams and individuals, attract the public event on national and International basis.2.Hallmark events:There are those event which are identified with the spirit of town, region and city. Some examples include The Kentucky Derby in the USA, The Chelsea flower show in UK. Hallmark events simply increase the efficiency of that particular region or city.3.Mega events:Mega events are so large and specified that affect the whole economies and reverberate in the global media. The revert generally developed with the competitive bidding. Examples include FIFA world cup, Olympic games. 4.Local communities events:Most communities produce a host of festivals and events that are targeted the local audience and stage primarily for social fun and entertainment value. Such events also help to expose people in innovating of their new ideas, sports and art activities. Role of various Global events that takes place in the society
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๏ทMega events generally helps to gain profit and increase the demand of the people. If the mega event maximise their profit from the expected budget then it helps the global event to make the best use of it or put it for the next best mega event which will be organize. ๏ทEvents develops the existing resources and social cohesion which states that events are organisedto maximise their profit. Profit maximisation helps the country standard of living and increase the level of satisfaction in the society. P2 Development of global events are influences by various factors Various types of events and festivals has long existed as the significant part of the human society and it diversified as the forms of public display, rituals and collective celebrations. It suggest that people in all culture recognized the need for communal creativity and celebrations. The diverse nature of events influenced the factors in the event industry globally. Industry growth:The continuous rise the global event are all such events which have emerged as the main growth that drives in the sector. Global events are playing an increasing important role in the marketing and communication. Nowadays the global event has become an integral part of the global event. Examples include monarchy and anniversaries of of the major historical events have played a key role in various public celebrations include their traditions, image and culture of Britain for hundred years (Scholz and et. al., 2019). The contribution of mega event in the global economy:In the global economy, mega events usually plays a major role because they organise at biggest level. It has been suggested that the budget of such event are higher and because of the they impact the whole economy efficiently. Demand and motivations for different type of events:Events which set at the higher level are generally set of higher demand of the people because they satisfied by watching the event. It has been suggested that motivation of people are based on demand. If people gets motivated then the motivation level is generally increasing. Major conferences and exhibition centre for the global event in the main cities are informed before the organisation to be take place generally by templates or on the official websites. Event history and socio cultural development:It refers to the social and cultural impact directly examine towards the participants because it includes demographics and cultural requirements which impact on the revenues of the company that sponsored the mega event.
The above factors conclude that impact on events that influences the development of the event industry globally. These factors are very important to be taken into the consideration for the global event because these factors helps the event in maximising the profit. Task 2 P3 Operating the environment of global event in terms of value, impacts and legacy The values, impacts and legacy of a global event in based on all the factors including social, cultural, economical, environmental and political aspects. Benefits from these factors on the environment are because of the high popularity and support of sponsorships, organisations, start-ups. The value, impacts and legacy of global events are well documented and the strategies are properly developed on the environment. The recent explosion of events led to the increasing economic analysis and event benefits. Events have both positive and negative impact on their stakeholders and communities host. To achieve the best result from parties there is a need to develop and maximise all the positive impacts and strictly reduce negative impact. Positive and negative impacts are listed below: Positive impact ๏ทDirect impact of social and cultural factors on implementing the global event. ๏ทCommunity events and celebrations on national days increase the pride that gves a positive reflection of global events in the society. ๏ทSome events are highly effective and create a great awareness in the society. ๏ทGlobal events helps the people in creating some innovative ideas and reflect new ideas. ๏ทEntertainment provided in a friendly environment and it can be stated that events contribute in the political debate and helps to develop the nation. Negative impact ๏ทMajor factors on the environment that can affect the global event, faces a negative impact somewherewhichneedstobereduceincludingsustanceabuse,badbehaviour, environmental damage, noise disturbance, financial loss, loss of authenticity and many others.๏ทThere is a high possibility of terrorist attacks in the mega events. Therefore the global events needs high security and safety to strictly avoid any damage and major functions. Contribution of the global event in the economy
๏ทNational level:Global events which organise at national level are direct impacted the society. It is because public come from different countries and are from different religion and states. Such type of global events helps the nation in increment of the foreign currency (Oda and Fiebrink, 2020). ๏ทRegional level:Collection of the domestic tax helps the event in developing the economy at the regional level. It includes the events from particular area, district or part of a nation.๏ทLocal level:It refers to the events organize at local level which helps the people in increasing the job opportunities and develops economic growth. Event legacy Long term impact on the stakeholders: Stakeholders include organisers, visitors and investors which helps the global event to leads the success. The success of event attract public of different countries and it generally helps the global event maximise profit. P4 Management strategies which is responsible for the development of global event Management strategies are a series of technique that helps in controlling or directing the global event and helps in achieving the set of goals. The management strategies include Corporateenvironmentalmanagementmodel:Tostopdamagingthenatural environment this strategy is to be implement to achieve profit and increase the level of satisfaction. This strategy helps in development of the capabilities which is helpful in increasing the enhancement of new market. It gives a rough idea about the execution of global event or it it can be successful or not. This strategy also helps in analysing the impact of environmental factors in the global event (Otto and et. al., 2020). Balance scorecard:This strategy helps the global event in measuring the performance of every department which is taken into the consideration. The strategy also provide feedback and analyse hypothetical situations so that owners and managers of the global event will possibly able to recover them. Hence, balance scorecard is helpful in analysing the performance of events and achieve goals and success. Government plays an important role the development of event because if any big size of event is taken place in the society then it is a duty of a government to know about it. Government helps them in arranging the venues and also take responsibilities for the major global and political events. There are various rules and regulations set for such events, that has made by the
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government to make the proper safety for the people and arrange the event in efficient and significant manner (Wehey and et. al., 2019). TASK 3 and TASK 4 ( Power Point Presentation)
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Conclusion The above discussion concludes that, one of the growing industry in the society is global event industry which helps the nation in increasing the growth and achieve success in a proper manners. Global event industry has a diversified structure in terms of size, forms and factors. Furthermore, PESTLE and SWOT has been used in the discussion because the models are helpful in analysing the environmental factors that impact the global event organisation. The models helps in analysing both internal and external factor in order to attain them or achieve higher competitive edge. In addition to this, various techniques and strategies are also discussed in this discussion to develop the effective business decisions and achieve desirable results in shorter duration.
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