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Risk Management: Events are Risky Business 

SmartMeetings

Weighted risk tracking helps manage real contingency requirements We all plan events months in advance, years in advance, or maybe even, days in advance. Because of that not only do our risk management plans need to be well-thought out but so do our finances to cover those risks. Turns out there is.

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2024 Contracts Playbook

SmartMeetings

What to watch For Contracts don’t sound exciting. But if you look at them another way, event contracts are a dynamic landscape that can either serve as a solid foundation for your event, or a swampy marsh full of lurking danger! Lots of legal language, tons of details—essentially, a heavy lift. Are staff rotating roles?

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Risk Management: Addressing Meeting Emergencies When the Industry Resumes

SmartMeetings

How will meeting professionals address risk post-COVID-19? Why should meeting professionals address risk? If you were a client looking to contract with a meeting planner or a company, which would you want to work with one that did not address risk? Why should you address risk?

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The Importance of Risk Management in Events Planning

Eventinterface

Disappointment thus makes way for the grim realities of what happens when an event doesn’t meet targets: the company loses revenue, and relationships with key suppliers might be at stake. This is why risk management is crucial for event planners. THE RISK FACTORS TO CONSIDER Risk management involves a lot of aspects.

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New Contract Essentials in an Ever-Changing Environment

SmartMeetings

2022 contracting will require going back to basics. The beginning of a new year brings the promise of new events, incentives and meetings. Contracting in the current Covid climate, however, is complex—everything feels unsettled, so it’s hard to know how to plan. How do we navigate this ever-changing environment?

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The Importance of Risk Management in Events Planning

Eventinterface

Disappointment thus makes way for the grim realities of what happens when an event doesn’t meet targets: the company loses revenue, and relationships with key suppliers might be at stake. This is why risk management is crucial for event planners. THE RISK FACTORS TO CONSIDER Risk management involves a lot of aspects.

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Preparation is the Key to Risk Management

Smart Meetings

Risk management is a dedicated preparedness rather than simply a mental exercise, according to Lisa Sommer Devlin, the most recent Smart Meetings webinar host. In her talk, “Risk Management 101,” she outlined strategies for dealing with the risks of the industry, as well as how to actively avoid them.