Operations Management Principles: A Presentation for Event Management

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Added on  2023/05/28

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This assignment presents a PowerPoint presentation designed for junior event management employees, focusing on the principles of operations and management within a conference center setting. The presentation addresses key learning outcomes, including the impact of the business environment (political, economic, social, technological, environmental, and legal factors) on operations. It analyzes the core operational activities, incorporating SWOT analysis, and explores corporate social responsibility and technology's role. The presentation also covers organizational strategy, decision-making processes, monitoring, and controlling, as well as the impact of operations on the supply chain. The resource allocation and risk management plan are not included in this solution, as only the presentation was provided. The presentation is supported by a bibliography of relevant academic sources.
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Principles of Operations
and Management
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Introduction
Operations management is considered as
the administrator of business practises
Star Event Enterprise is taken into
consideration
The functional departments of Star Event
Enterprise include the human resource
management, marketing as well as
production and sales
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Analysis of business
environment
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Political
The political scenario of a country is
usually unstable
In Australia, the political scenario is
stable and it provides the required
support
For example, the political scenario of
Australia can provide ample support for
the company to develop and engage in
organising events
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Economic
The economic condition provides stability
to a country
Stable economic environment Australia
can provide support to emerging
organisations
It can help Australia to host national film
festivals or sports events
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Social
Social factor denotes support provided by
the public to an organisation
Star Event Enterprise may face is that it
might need some time to develop its
reputation
Corporate Social Responsibility of the
company can be developed
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Technology
The technological factor can help Star
Event Enterprise to reach out to
customers
The company can base its events by
providing 3D experience to customers
The application of this particular concept
can help Star Event Enterprise to
continue with its development in the
country
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Environmental
The environmental factor of Australia is
sustainable
It needs to consider identifying and
organising the events that can help in
promoting sustainability
Star Event Enterprise can gain the
recognition by conducting sustainable
event arrangements
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Legal
Australian legal laws are strict
Star Event Enterprise need to consider
laws that can be associated with
employment
Star Event Enterprise needs to comply
with the Environmental Protection and
Biodiversity Conservation Act 1999
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Analysis of core operational
activities
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SWOT
Strength
Ability to rope in celebrities for promotion
Contribute in the increase of economic strength
Weakness
Weak in terms of financial strength
Huge employee turnover
Opportunities
Less competition in the market
Gain support from local authorities
Threat
Lack of proper infrastructure
Unstable environment for conducting the events
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Explanation of impact of corporate
responsibility and new technology
Corporate social responsibility can help in
understanding the activities that are
required in a society
Technology plays a major role in the
development of an organisation
Star Event Enterprise can use technology
to reach out to the customers as well as
use it to provide entertainment
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