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Riskmanagement 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, “RiskManagement 101,” she outlined strategies for dealing with the risks of the industry, as well as how to actively avoid them. Legal Risks.
It can also be effectively used by meeting and event teams of all sized to deliver better end products. Effective procurement strategies not only ensure that companies get the best value for their money but also play a role in riskmanagement, innovation and corporate social responsibility.
With today’s headlines, riskmanagement is on every event professional’s radar. The best way to take steps toward protecting your attendees in the case of emergency is to have a clear emergency management plan for each event you host. Incentive Research Foundation (IRF) Event Disruption Study. Hire local PD.
As we speak with meeting and event professionals for our Interviews with Planners series, we continue to be amazed by the variety of books that help these talented professionals in their jobs as planners. Although traditionally a marketing book, the takeaway of standing out in a field of cows is very important in the events industry as well.
The eventmanagement industry is one of them, in fact, one of the most affected ones. . Well, the very essence of an event is when people accumulate at a place for a purpose, interact, network, learn and have a good time. But, what is a hybrid event then? In simple words – A mix of both virtual and in-person events.
Event planning & management is one of the most stressful jobs in the world. Somehow great event planners can make it all look like a cakewalk. Categories of event planning & management skills. Event planners need to do the same. People management. Change management . Negotiation.
In today’s competitive landscape, differentiating your event or venue business is crucial. Everywhere we look, there are new venues and event services sprouting like dandelions. It demonstrates proactive riskmanagement By offering or requiring event insurance, you showcase your commitment to riskmanagement.
The eventmanagement industry is one of them, in fact, one of the most affected ones. Well, the very essence of an event is when people accumulate at a place for a purpose, interact, network, learn and have a good time. But, what is a hybrid event then? In simple words – A mix of both virtual and in-person events.
The eventmanagement industry is one of them, in fact, one of the most affected ones. Well, the very essence of an event is when people accumulate at a place for a purpose, interact, network, learn and have a good time. But, what is a hybrid event then? In simple words – A mix of both virtual and in-person events.
Increase your visibility and share your knowledge: The call for speakers is now open for the MeetingsNet track at The Special Event. Session proposals are now being accepted for the MeetingsNet track at CaterSource + The Special Event show happening February 12 to 15, 2024, in Austin, Texas.
It can also be effectively used by meeting and event teams of all sized to deliver better end products. Effective procurement strategies not only ensure that companies get the best value for their money but also play a role in riskmanagement, innovation and corporate social responsibility.
Strategic meetings management is a concept that’s over 20 years old but has recently taken on a new form. As an event planner in today’s digital age, you have the opportunity to take on a much more strategic role within your organization. The time for strategic meetings management is now.
Meeting professionals who use a slow-down in face-to-face meetings due to coronavirus (COVID-19) containment measures to work on their skills will be prepared to thrive when a new events marketplace emerges after the all-clear sign. Event & Meeting Management Fundamentals Starts March 31. Upcoming Courses.
So rather than concentrating on the hurdles involved in event planning , let’s focus on the wonderful perks of this unique profession. Event planners are no strangers to airport terminals and hotel check-ins. Plus, bleisure travelers know that stays can always be extended, either before or after meetings and events.
Risk-reduction actions for safer events in 2019. How safe are your meetings and events? Here are some action items and ideas that you can implement at whatever stage of your meeting you are in, from Choosing a Location or Venue, to negotiating The Contract , or creating a Communications Policy.
There’s just one thing left – making your career as an event planner official “on paper.” . But what are the top event planning courses for planners? In reality, you don’t actually need a formal education, accreditations, or affiliations to launch your own event planning business or to even get a job at an event planning company.
Better contract negotiations. For our largest event in 2016 we had to turn away more than 150 people. This event originally was just for our state but now is becoming a regional event. This event originally was just for our state but now is becoming a regional event. •We Cut back on meeting frequency. •
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! Even if that more adventurous perspective doesn’t make you any happier about them, they’re a necessary part of the meetings and events industry.
DTCC has already proven that complex post-trade events inherent to credit default swaps (CDS) can be managed with distributed ledger technology in a permissioned, distributed, peer-to-peer network. Investment banking, asset management, corporate banking, hedge funds, ForEx trading, clearinghouses, central banks, regulators.
This approach allowed me to develop competencies in administration, diplomacy, negotiation, personnel management, financial management, project management, business management, riskmanagement, and entrepreneurship.
Make sure that they have experience with different types of events,” she said, “and different stages of the event-planning process.”. WORKING WITH STAKEHOLDERS “They need to be able to work with both internal and external stakeholders in order to ensure a successful event,” said Godwin-Charles A. How do you identify a risk?”.
I definitely think that sometimes we don’t trust the interns,” said Liz King, CEO of Liz King Events as well as the techsytalk event-technology platform. “So So many people hire interns and then let them stand around at an event. So the interns should learn how you negotiate that type of situation.”. In 2014, the U.S.
Taking the time to meet with representatives from a potential client in various settings – short calls or even industry events – builds trust and mutual understanding. Contract Negotiation Is Mutually Beneficial During this critical part of the process, prospects need to be strategic. It shows a willingness to improve.
Another thing to mention is that the EU’s AI Act only applies to EU members and is being negotiated by the 27 member states. The Council of Europe’s instrument is being negotiated by 47 member states as well as observer states and non-member states such as the United States, Canada, Japan, Mexico, and Israel.
DO: Take time to network with vendors at industry events where you can have a relaxed conversation about the latest trends and challenges that isn’t necessarily set up as a sales pitch but more of an exploration and peer discussion. DO: Review the contract thoroughly and running it by your legal and compliance department before signing.
Today’s intense focus on key performance indicators, event-tech stacks and designing brilliant experiences has made the need for advanced education—from a university, association or DIY commitment—almost a requisite for getting hired…and for thriving. Robert Payne School of Hospitality & Tourism Management in 2019. Jessie States.
Event planning is a lucrative and evergreen career choice. The global eventmanagement market is estimated to be worth $6.36 With the rapid growth in the event industry, now is the time to get certified and propel your career. What Is Event Planning Certification and Why Do You Need It. Professional Credibility.
According to Allied Market Research , the event industry was worth $1,135.4 A career in the “Events industry” is a viable option, according to these reports. A skilled event planner must be an excellent multi-tasker to manage various aspects of an event seamlessly. Online EventManagement Courses.
Why have a keynote speaker at your event? The sole idea of organizing any business event or a conference is to engage with your audience and build a strong brand by providing value by the means of sharing knowledge, insights or present compelling stories. This where you need keynote speakers at your event or conference.
Why have a keynote speaker at your event? The sole idea of organizing any business event or a conference is to engage with your audience and build a strong brand by providing value by the means of sharing knowledge, insights or present compelling stories. This where you need keynote speakers at your event or conference.
Group Gmbh, headquartered in Berlin; Alessandro Cortese, CEO of the European Society for Radiotherapy & Oncology (ESTRO), based in Brussels; and Nata Nambatingué, congress manager for the European Society of Cardiology (ESC), in Sophia Antipolis, France. What could the Brexit mean for international meetings and business events?
Group Gmbh, headquartered in Berlin; Alessandro Cortese, CEO of the European Society for Radiotherapy & Oncology (ESTRO), based in Brussels; and Nata Nambatingué, congress manager for the European Society of Cardiology (ESC), in Sophia Antipolis, France. What could the Brexit mean for international meetings and business events?
With the pandemic and public concern fluctuating in the midst of uncertainty, event planners and professionals are left with an enormous responsibility to prepare themselves, their guests and their contracts for whatever comes next. Event Contract Essentials in the Covid Era. Meeting professionals today are riskmanagers.”
Imagine purchasing tickets to a highly-anticipated event promising exclusive talks with podcast celebrities and a panel with the actors from Supernatural and Harry Potter. Instead, event planners are living within the constraints and are more reliant on proper planning and financial forecasting to ensure the success of their events.
While budgets may be stagnant, planners are still under pressure to deliver memorable experiences and raise the bar from one event to the next. A collaborative approach will always benefit you in all aspects, including managing costs.”. Maybe a three-hour event is 2.5 Work with Partners—and Haggle. hours,” says Huggins.
The Philadelphia Marriott Downtown’s decision to host the Moms for Liberty national convention has lawmakers asking questions, and raises important riskmanagement issues for meeting professionals to consider. In their letter, the lawmakers urged the hotel to reconsider hosting the event and posed three questions: 1.
Are you a brand-new student of QC Event School – or thinking of enrolling? Alternately, perhaps you’re a recent graduate and want to start your own event/wedding planning business… But aren’t sure where to begin or how to be successful? But First… Have You Joined the QC Event School Virtual Classroom Yet?
Are you a brand-new student of QC Event School—or thinking of enrolling? Alternately, perhaps you’re a recent graduate and want to start your own event/wedding planning business… But aren’t sure where to begin or how to be successful? But First… Have You Joined the QC Event School Virtual Classroom Yet? Why Choose QC?
Are you a brand-new student of QC Event School – or thinking of enrolling? Alternately, perhaps you’re a recent graduate and want to start your own event/wedding planning business… But aren’t sure where to begin or how to be successful? But First… Have You Joined the QC Event School Virtual Classroom Yet?
event contract. Foster, CHME, an attorney with Foster, Jensen & Gulley , for an exclusive Q&A on event contract essentials in the Covid era. Listen to “Event Contract Essentials in the Covid Era” on demand. Meeting professionals today are riskmanagers. and assume the risk for deciding to attend.
The importance of safety is something that simply cannot be overstated in the world of events and entertainment. Be it conversations around COVID-19 vaccination or cyber-security , there are many ways to look at safety at events. So today, we are exploring what it takes to plan a safe event. This is a non-negotiable!
The beginning of a new year brings the promise of new events, incentives and meetings. We advise working with your legal and riskmanagement to establish acceptable approaches to what could be problematic, what solutions will be explored and the timing. 2022 contracting will require going back to basics. Build in More Time.
The demand for in-person events is on the rise. Whether it is as a stand-alone event or part of a hybrid model, the desire to meet in-person is very much there. So how can organizers make a safe return to in-person events? NEW eBOOK – 10 Critical Steps to Successful Hybrid Events. It hasn’t gone away.
Hotels were a recurring topic, as planners noted a decrease in the ability to negotiate contracts, along with pressures associated with lowered commissions and increased competition for space. Clients affording events. Cost of events and market saturation. Declining association management. Hotel negotiations.
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