Olympic Legacy and Sports Development

Event
Operational
Management

TABLE OF CONTENTS
2. RISKS IN THE LONDON OLYMPICS ...................................................................................3
2.1 Analysis..................................................................................................................................3
2.2 Recommendations..................................................................................................................5
3. INNOVATION IN THE LONDON OLYMPICS ......................................................................5
3.1 Analysis of innovation in London Olympics.........................................................................5
3.2 Recommendations..................................................................................................................7
Conclusion.......................................................................................................................................9
References......................................................................................................................................11
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INTRODUCTION
Operational management refers to effective and efficient administration of business
operating functions. It mainly deals with acquisition, development and optimum utilization of
resources in order to increase business profitability. In all the business organization, managers
are responsible for managing the business operations effectively. The managers require
identifying distinct planning and analysis techniques that helps to identify different kind of
operations. Further, managers are responsible for determine different operational problems that
the organization may face in the future period. With the help of this, management can take
necessary decisions and make improvement strategies in order to mitigate the problems. In
context to event, event managers are responsible for managing the operating functions. Event
operational management involves the management of event's operating activities mainly includes
project management (Kerzner, 2013). Initially, the event planners plan the operations and
manage it by applying different techniques. They make business risk analysis and take corrective
actions in order to remove the negative consequences. Event managers identify the customer
needs and make strategic plans that how event operations will contribute to achieve its targets.
The event managers apply different management techniques for operating successfully. It
includes scheduling, time management strategies and managing its inventory. Moreover, the
managers are responsible for managing the event resources such as human resources. They
manage the employees and motivate them on a regular basis that helps to increase the event
operational capacity. Effective operational management will lead to improve the event
performance and achieve its operational goals.
London Olympics games are organized by London, United Kingdom. Till the year 2015,
London held the Olympic Games in the year 1908, 1948 and 2012. International Olympic
Committee hosted the first Summer Olympics games in the year 1908. The event was held
between 27th April, 1908 and 31st December, 1908. In this Olympic, 22 nations were took
participate in 110 events. Then after, 1948 Summer Olympics were held from 29 July 1948 to 14
August, 2012. In this Olympic Games, 59 nations took participation in 136 events. Germany and
Japan were not took part in this Summer Olympics. Third time Summer Olympics were
conducted in the year 2012. The games were organized by Olympic Delivery Authority (ODA)
and London Organizing Committee of the Olympic and Paralympic Games (LOCOG). Olympic

Delivery Authority is responsible for developing the venues and infrastructure facilities for
organizing the games such as Olympic stadium and parks. The authority is greatly responsible
for healthy and safety requirements, sustainability, designing and accessibility for the
infrastructure, diversity and fulfil all legal requirements. The concerned authority built Olympic
stadiums, make efficient planning and deliver transport services to support the games. Moreover,
under the legacy requirement, the authority make contracts and agreements for constructing
buildings and developing infrastructure. It includes agreements for buying and selling lands for
constructing Olympic parks. 30 venues are required to construct for organized 2012 Olympic
games with cost of 2.4£ billion. However, the transport infrastructure project required investment
amounted to 17£ billion. On contrary, LOCOG is responsible for preparing and organizing the
Olympic Games. The authority organizes series of events such as recruitment and training to the
volunteers and inspires peoples to take part in the games. The Olympic Games includes different
eventual activities. One of the most important activities is Athletics that concerns with running,
marathon and racing. Further, it includes swimming, Ice Skating, Diving, Badminton, Basketball,
Football, Judo, Volleyballs, Table Tennis, Wrestling, Ski Jumping, Gymnastics, Shooting and
others. London Olympic Games is an opportunity for bringing entertainment in London. The
games give chance to the individuals for enjoying healthy and happy lives.
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