Strategic Analysis of Olympic Event Planning and Risk Management

This report provides a comprehensive analysis of Olympic event organization, focusing on the strengths, weaknesses, opportunities, and threats (SWOT) inherent in planning and executing such large-scale events. It examines the power of Olympic events, including athlete participation and ceremonial presentations, while also addressing weaknesses such as policy protests and doping concerns. The report identifies opportunities for business improvement and expansion through event excellence and increased audience engagement. It also highlights potential threats, including terrorist attacks and the growing professionalism of sports, emphasizing the importance of effective planning approaches. Key elements of successful event planning are discussed, including vision development, team creation, budgeting, partner recognition, and brand development, alongside risk management strategies for security, sponsorship, and finance. The report also evaluates successful planning criteria, various strategies for organizers, and the impact of macro factors like natural disasters. It concludes by emphasizing the importance of stakeholder relationships and cultural sensitivity, offering strategic differences for event risk management.

Lo 3
INTRODUCTION
Lo4
The SWOT analysis
An analysis of the strengths and
weaknesses, the opportunity and internal
threats, that's why the SWOT analysis is
selected. What helps the WT analyze the
organization of Olympic events, are the
following:
Power:
There are different kinds of strengths in
organizing Olympic events. Power is the
internal opportunity of the event industry.
Like the participation of the best athletes
from around the world, with a high level of
discipline that actively creates the power
of the event. Another highlight is the
ceremony of the Olympic event that
allows the host country to present itself to
the world.
Weakness:
A weakness of the Olympic event is

protested by various countries because of
the games
policies that lead to the impact of the
event. Some
differences in points and directions lead to
questions
about doping marked by the celebrants
event. Because of these weak bridges
lead to negative growth factors.
Opportunities:
Opportunities to create ways of excellence
because these events improve
strength and weakness of business
inefficiency, and
the opportunity to move your business
into different
places and succeed. Which includes a lot
sports ceremonies, an example is cricket,
what
leads to a higher audience in the country.
To
Restoring a fan's trust is a standard
higher anti-doping.
Threats:
Threats can affect the event industry,

both the events with our implementations
technologies, to create a good planning
plan
evenimente. Possibility as threats with
terrorist attacks to increase in the future.
Other
threats are that more sports growing in
natural professionalism. This leads to one
thing
effective and possible in plan and growth
factors.
Effective planning approaches
Planning is an important factor in the
industry
of events and organizing ceremonies of
Olympic event. These things also
contributed
brought success to the event, as well as to
satisfaction
with customer needs and expectations
and their fans.
Different stages help to organize one
successful event effectively.
There are different steps to building an
event

example:
➢Developing visions for the Olympic
Games
➢Create a team during the event
➢Create a budget for the event and select
location
➢Recognition of event partners
➢Develop the brand of the event
These processes help build a plan
effective of events, and eradication
issues related to risk management
where are the event and manage
threats. What if the risk manager jumps
refer to security, sponsorship and finance.
Example:
The moment the event takes place is
important to ensure a safe environment to
use safety equipment. It's important to
it provides staff security because it will
use this equipment both for its customers.
New trends bring problems that can affect
events that are specific to places with
insects,
such as promotional tools and progress

technological. What can be affected leads
to
influencing ExCel event planners
from London to plan the Olympics,
because customers want these techniques
and
equipment for the events they organize.
Affecting promotional tools
event management in expectations
customers.
An evaluation of successful planning
criteria a
events.
Different strategies to be adopted by
organizers and risk management
events. These strategies contain
measures
of security, sponsorship and funding. Is a
the possibility that some macro factors,
for example:
natural disasters, monsoon and other
factors
similar, which can lead to losses for those
who organizes the Olympic Games. They
are different

safety measures to be implemented by
organizers and find sponsors to fund
suitable. These things help a management
correct to create events (Cornelissen
2017).
In most cases, conflicts arise between
involved organizers and stakeholders,
in a way to be able to conduct the
Olympics in time and
effectively, those who organize will have
to
build a stable relationship with
stakeholders.
Which leads to a very high cultural
sensitivity
in the case of global events, therefore
organizers will have to take into account
the games
Olympics do not show cultural differences
and giving
proof of respect for the cultures of others
(Amato and
et.al., 2019).
Conclusion

In the studies above, it shows that there
are different forms
of events that take place in society, and
have different
shapes and sizes, shapes, and contents. a
the previous report concluding the
existence
the different behaviors of the industry
events that are essential to manage
efficient events. Some factors influence
the development of the events industry
and
increasing the industry's appearance of
events, what
brings value and contribution events to a
global economy both and increasing
demand a
motivation for different events.
Certain key factors that lead to influence
developments, the structure and
organization of the industry e
evenment.
Several macro factors lead to
influencing global events. To bring
event enhancements and minimize

the negative impact of macro factors, a
plan
what needs to be taken into account
organizers. After all, the reports they bring
to a conclusion of the strategic differences
that will be
implemented by the organizers at the
level
event risk management.
Reference
https://www.culturepartnership.eu/en/article/10-tips-for-successful-event
https://desklib.com/document/global-events-table-of-contents-introd-tqph
https://www.studocu.com/en-gb/document/university-of-greenwich/understanding-business/
unit-4-managing-an-event-assignment-1/9897094
https://www.wildapricot.com/blog/how-to-plan-an-event
https://webmobi.com/blog/key-elements-of-event-planning/
https://www.wildapricot.com/blog/how-to-plan-an-event
https://www.studocu.com/en-gb/login
https://www.projectmanager.com/training/how-to-plan-an-event