This report provides an understanding of event management and planning, covering topics such as market research, developing event plans, implementing policies and procedures, and evaluating event success. The report focuses on KAIA Event Management, a UK-based company.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Managing and Planning an Event
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
INTRODUCTION.................................................................................................................................3 MAIN BODY........................................................................................................................................3 PART A.................................................................................................................................................3 Activity 1...........................................................................................................................................3 1. Identify the source of market and consumer research for event plans............................................3 2. Discusse the key principle of developing event plan which helps in fulfilling organizational requirement........................................................................................................................................4 3. Critically analyse the research approach, developing and agreeing plans to achieve successful plans..................................................................................................................................................5 4. Recommendation for successful events which provide overall growth to the business..................5 Activity 2...........................................................................................................................................6 1. Review examples of policies and procedures from a range of events and identify how they are implemented......................................................................................................................................6 2. Produce policies and procedures for an event and outline how they are implemented to maximise effectiveness......................................................................................................................................7 3. Analyse how a set of detailed policies and procedures for an event are implemented to maximise effectiveness, and make recommendations for effective implementation..........................................7 PART B.................................................................................................................................................8 Activity 3...........................................................................................................................................8 1. Resources required delivering effective event...............................................................................8 2. Key management skills required to manage effective events.........................................................8 Activity 4...........................................................................................................................................9 1. Discuss methods for monitoring and evaluating the success of an event.......................................9 2. Examine how to identify and deal with variances to ensure the success of an event...................10 3. Evaluate the results of monitoring the success of an event and make recommendations for improvements..................................................................................................................................10 CONCLUSION...................................................................................................................................11 REFERNCES......................................................................................................................................12
INTRODUCTION Event management and planning include various activities and functions such as convention, tradeshows, team building, ceremony etc. Event management requires multiple processsuchasbudgeting,settingtimetables,choosingandreservingeventlocations, securing permissions, preparing food, scheduling transport, designing a theme, organising events, choosing speakers and keynotes, assembling equipment and services, handling risk, and designing contingency plans(Fergusonand O’Connor, 2018). This report based on KAIA Event Management which is UK based company and helps in providing understanding of these concepts. This assignment covers various topics such as researched planning of events; implement various policies and procedures for event management. MAIN BODY PART A Activity 1 1. Identify the source of market and consumer research for event plans Organisationneeds to identify demand for theirplanned event andfurther they should makestrategiesaccordingly. For example you would like to arrange a fashion show in London. Whether there are people with little or no concern in fashion shows so planning forsuch event is not a good idea. This event going tofailed defiantly. Source of market and consumer research for event plans: In an organization, it is very essential to build strategies and further policies to implement their plans. But before that, they need to identify the sources of marketing and consumer research for effective event plans which help event management companies to get success. KAIA Event Management Company has some sources for market research which identified below: Market analysis: In anorganisation, before making any strategy event management company need to done market analysis. Market analytics involves identifying target customer knowledge. Find out who the target market likeage group, gender, education, occupation, level of awareness, employment, rank, affection, hate, temperament, habits, practices, faith, lifestyle, etc. Identify target consumer and their culture,practices and faith of the target market is really relevant so that we will not unknowingly harm culture and faith by our event there. For example,servebeefinHindumarriageisamortaldamage.InHindureligion,cowis considered a sacred animal (Surminski and Mehryar, 2020). On the other side, Served pork in
a Muslim function likewise will create trouble. Find out where much of your target audience resides and you can channel marketing campaigns to them. With the help of it,KAIA’s manages identify potential area to capture as well as consumers which generate profit for them. Competitors’ analysis: It's about collecting information about the rivals. Check out theircompetitorssuch as differentage group people, professionals, expertise level, and event planning experience, turnover, current value, PR (media and corporate contacts) and market share.Checkouthowtheysupportandcarryouteventplanactivities. Theywillhavetoattendeveryeventarrangedbyyourrivalsandproduceaneventreportfort hispurpose.Eventsummarywillincludevariousactivitiessuchaslightingconfigurations promotionalmaterialsusedentirelocationlayoutprogramandfoodmenucontactdetailsofpro moters,supporters,consumersetc (Kim, 2019). In addition, it covers various other functions like blueprint of entire event, client partner, sponsors, decorator etc. Manager’s ofKAIA have to done competitor’s analysis or further evaluate their strategies or policies to get success in their event plants. With the help of market or competitive analysis, KAIA event management company able to collect required information which helps in completing their event. Market or competitors analysis is the most usable source of research which implemented by event management company. 2.Discussethekeyprincipleofdevelopingeventplanwhichhelpsinfulfilling organizational requirement There are some basic principles for the successful event which helps business to get growth and they should require implementing to generate more revenue. These principles are as follow which can be used by KAIA Event Management Company and it describe below: Objective of any event: While preparing for any event, managers should clear with some aspects such as what is the purpose of it? Team required skilled people or not? Without clear objective of any occasion it is quite impossible to achieve their target. Managers of KAIA should follow this principle to fulfil business or consumer requirement. Budget: After identifying event objective, preparing budget is the second most essential principle of event plans. Efficient control of budgets reduces the hazard. Managea great event with unlimited resources is easy, but for delivering an event within a limited budget is great management thatneeded. Event manager of KAIA should focus on this principle and manage their budget properly(Fried and Kastel, 2020).
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Target customers: There are multiple types of events, so managersshouldnuild their strategies accordingly. For example: a product launch event required to target consumer market or the people who going to consume that particular product. Before making any strategy, event managers of KAIA should implement this principles for satisfy their consumer as well as business needs. It is one of the event objectives of every event to identify their customers and further formulate strategies accordingly. Along with it, there are more principles as well which required to analyse for the development of any event. It further helps organization and consumers to modify their event or any function accordingly. 3. Critically analyse the research approach, developing and agreeing plans to achieve successful plans In the event management company such as KAIA, they follow various research approach such as market or competitors analysis. These approaches help in identify target audience, their competitor’s strategy and policies which is beneficial for them to achieve their event goals & objectives(Rodrigues, Zaric and Stanford, 2018).For example company launch an event for new product related to food, so they initially target the consumers who can buy those particular products. They need to target such age group people who are interested in this product and further they evaluate their competitor’s strategy for the further analysis.Withthehelpofcompetitoranalysis,managerabletodonetheirplanning accordingly and perform all the required actions for the successful completion of every event plan. 4. Recommendation for successful events which provide overall growth to the business There are some recommendations which help the event management companies to get success or achieve their target which helps in improving their overall performance as well. Some of them are as follow: If event is very large than planning should be done in advance and it can be four to five months ago. Smaller event required one month advance planning. Planning should be flexible in various aspects such as location, time, type of event, supply of required material for the decoration and also ensure that changes will meet the expectation of planning. At the time of planning event, there are various unexpected expenses so they need to negotiate and set low price in order to maintain low cost for the entire event.
seats and the comprehensive budget for the function. Mention all the services provided by the event management companies to get success in their work or satisfy their clients. 2. Produce policies and procedures for an event and outline how they are implemented to maximise effectiveness There are some steps which required by the event management company to produce such policies and procedures for particular event. Some of them mentioned below: ď‚·Produce event goals & objectives ď‚·Manage their team for an event ď‚·Produce budget and build master plan ď‚·Collect information, book venue, sponsors and marketing ď‚·Evaluate day to day process and then review the process In order to implement successful eventpolicies and procedures, follow certain steps to get the best results. These steps should follow by KAIA which are discussed below: Consultation: When designing eventpolicies and procedures, they need to coordinate with all key stakeholders, including members of health and safety, contractors (especially those who work for you on a regular basis)and of course their employees. Consultation will verify that everyone in the workplace recognizes the importance of organizational policies and procedures, and why they need to be successfully applied. Consultation helps to build more successful policies and practices and gives workers more incentive to obey them. Adaptpolicytosuityourbusiness:Thepoliciesandproceduresthat companyfollow must be specific to the company needs and not only taken straight from a standard manual. If event using policies and practices from a different source, than it is essentially to adjust them into workplace and business. Clearly describe responsibilities: All policies of event have to be simple and descriptive. Steps should be established in layman's terms and simple. This will create a 'open source standard,' thereby providing a benchmark that can be used to determine whether or not the health and safety responsibilities in the workplace are being met(Danese, Molinaro and Romano, 2018). 3. Analyse how a set of detailed policies and procedures for an event are implemented to maximise effectiveness, and make recommendations for effective implementation. While conducting any event, it is very essential for the event management company to build policies and procedures which helps in executing plans effectively and efficiently. Manager of KAIA event planner agency need to organize their event activities and workplace
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
which helps them to perform better. In addition, before executing ant plan they need to set goals & objective of each event and make sure that it will be clear and achievable. With the help of policies and procedures, employees able to perform or achieve event gaols and it will maximise the efficiency as well as effectiveness. PART B Activity 3 1. Resources required delivering effective event For effective implementation of any event, company required various resources which help in successful completion of event and all are discussed below: Human resources: Focusonparticipants on how to hire participants for the event. Recruiting members requires more than just finding participants who may be able to be of support at an event. Selected candidate should have certain skills such as communication, verbal or written skills, professional in treating audience. Financial resources: Members are advised to look at all budget problems like start- up costs, event administrative costs, refreshment costs, event-related costs, advertising costs and cost of follow-up events. The costs of the location, estimated refreshment costs and program costs will be three budgetary areas which will include different lists. When all budget categories have their defined objects, each list is given priority and the budget objects are submitted to the Area Service Committee. Venue: The planning committee is forced to look at all issues related to the venue, keeping in mind the aim and goal of the event. Facility requirements may depend on whether the event is a group gathering, day of training, or panel discussion. One of the initial considerations of venue selection is to find a location that is convenient, so that the facility can accommodate the expected attendance and any conference and setup of events. Above mention required to for the successful event and managers of KAIA should focus on the required and manage them properly as per requirement(Kayalvily, Soh and Deshinta, 2018). 2. Key management skills required to manage effective events There are various management skills which required for managing events and some of them are discussed below which KAIA event planner need to implement.
Peopleskills:Individualhavetocommunicateeasilywithseniormanagers, government leaders, vendors, colleagues, sponsor representatives, clients, supervisors, suppliers,staffandeventattendants.Toworkwithawidevarietyofpeople effectively, they will need to be able to handle conflicts adeptly, be a positive yet friendly negotiator and retain the sense of humour. Flexibility: Event planners have to act as concierge for one second and courageous leaders for the next. It's part of the job to clean up messes and make tough calls — fast, quiet, and efficiently. Keep cool, finish itand get back into the show going. Listening skills: It's important to be able to recognize what the main stakeholders want from your event. Such people might not be in the business of activities, so the lingo does not talk or know what is true. In key discussions, pay attention to what is said — and what is not said. Passion: Genuine passion allows them tocontinue the overcome bumps in the road and keep calm when all sounds lost. It also contributes towards bursts of innovation and motivation, rather than just trying to get through the dayto make something amazing. Organised:The have to be able to manage about 50 items at once to run every event effectively. This multi-tasking ability is important for smooth preparation as well as efficient implementation of an event(Zachko and Kobylkin, 2018). The successful planners have programs that are foolproof, turn-by-step checklists and useful software devices. Activity 4 1. Discuss methods for monitoring and evaluating the success of an event. There are some methods which helps the event management agency to get success at the time of managing any event. It discussed below: MonitorSocialMediaActivity:Duringthedaysleadinguptotheevent companyshould be involved in social media. It will excite guests and talk about it on their own sites of social networking. After the event they need to keep closely tracking social media activity. Post event survey: With surveys, they get more than a general understanding of the experience of the visitors. This helps eventagencytoidentify weaknesses that could be built on (e.g., inadequate location, lack of entertainment).
Measure revenue vs Overheads cost: It is about taking in extra money. So to make money, company have to invest money, so if the event ends up being a blast, you will spend more money than you can bring in. Take into account, howeverthat marginally missing the plan or receiving a little less revenue than anticipated does not necessarily make the event a loss (Yusuf, St. John III, Covi and Nicula, 2018). Above mention methods helps the KAIA event planner to evaluate their event success and further improve overall performance by making effective strategies. 2. Examine how to identify and deal with variances to ensure the success of an event There are some tops which help the event management company to ensure that event is successful. It is recommended to KAIA planner to implement it and some of them are mentioned below: Promote event earlier: Taking everyone more time to prepare and advertise the event would ultimately ensure you had a well thought out implementation plan and a good strategy for implementation. Before they send out invites make sure to do so early enough to give certain attendants time to incorporate it into their plan. Budget management: Budgeting and monitoring event's costs is an aspect which will certainly decide its success when itdone properly(Kemp, 2018). This will enable every event to be successful, but not only as a success for itself but for the entireorganizer. This will help your attendantstoo. Interaction from client sides: It's so important to make sure the audiences get advantage of being at the event. Their presence and engagement can be sustained in the form of contests or Q&A sessionsif necessary. 3.Evaluatetheresultsofmonitoringthesuccessofaneventandmake recommendations for improvements After evaluating their event success, event planner need to find the improvement area to get more success or increase overall efficiency as well as effectiveness. There are some recommendations to improve event performance and it discussed below: Leverage technology: To be more effective and offer a better product, event professionals should employ all sorts of technology. Use Google street view to search locations and set out plans to optimize locations(Clifton, 2019). KAIA can provide additional Navigation for local volunteers to more easily manage the roads. Plan surprises: To build a "wow" factor in their events, add unexpected elements. This may mean something easy such as offering gummy bears on a hot dayor hot chocolates
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
at the end of a rainy day or poignant that means capping a multi-day event with a convincing survivor’s ceremony. CONCLUSION From the above discussion it has been concluded that event planner need to done various activities which help the organization to plan successful event. They required various resources such as financial, human, strategies etc. In addition, there are several ways to monitor the success and aid event manager to formulate strategies accordingly.
REFERNCES Books & Journals Ferguson,K.andO’Connor,S.,2018.Sporteventmanagement.InManagingSport Business(pp. 561-588). Routledge. Surminski, S. and Mehryar, S., 2020. The role of national laws in managing flood Kim, W., 2019. Managing Big Data in the Meetings and Events Industry: A Qualitative Study.31(7). pp.415-429. Fried, G. and Kastel, M., 2020.Managing sport facilities. Human Kinetics Publishers. Rodrigues, F. F., Zaric, G. S. and Stanford, D. A., 2018. Discrete event simulation model for planning Level 2 “step-down” bed needs using NEMS.Operations research for health care.17. pp.42-54. Bertilsson, L. And et.al., 2019. Urban flood resilience–A multi-criteria index to integrate flood resilience into urban planning.Journal of Hydrology.573. pp.970-982. Danese, P., Molinaro, M. and Romano, P., 2018. Managing evolutionary paths in Sales and Operations Planning: key dimensions and sequences of implementation.International Journal of Production Research.56(5). pp.2036-2053. Kayalvily, T., Soh, K.Y. and Deshinta, A.D., 2018. Planning Application with Voice Recognition to Assist Procrastinators in Managing Time.INTI Journal,1(17). Yusuf, J.E., St. John III, B., Covi, M. and Nicula, J.G., 2018. Engaging stakeholders in planning for sea level rise and resilience.Journal of Contemporary Water Research & Education,164(1), pp.112-123. Clifton,D., 2019.HospitalitySecurity:Managing Securityin Today'sHotel,Lodging, Entertainment, and Tourism Environment. CRC Press. Kemp, R. L., 2018.Strategic planning in local government. Routledge. Zachko, O. and Kobylkin, D., 2018, September. Discrete-event modeling of the critical parameters of functioning the products of infrastructure projects at the planning stage. In2018 IEEE 13th International Scientific and Technical Conference on Computer Sciences and Information Technologies (CSIT)(Vol. 2, pp. 152-155). IEEE.