This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
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. An organization that undervalues the importance of procurement often pays for it in numerous ways—financial and legal.
Meetings in the financial and insurance sector require outside-the-box thinking. The economy was humming along before the coronavirus hit, but even then the majority of meeting planners in the financial and insurance industries were keeping their budgets in neutral. Financial and insurance meetings in the U.S.
This table below highlights how blockchain can disrupt various aspects of the financial services industry. Compiling and maintaining these databases is expensive for financial services; this can lead to duplication of effort and can delay transactions. All financial services firms, payment card networks, regulators.
Enhance client trust and confidence You can use event insurance to highlight your commitment to client well-being and riskmanagement, which could be a deciding factor for clients who prioritize a secure and stress-free event experience (aka, everyone). Get started today!
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. An organization that undervalues the importance of procurement often pays for it in numerous ways—financial and legal.
This approach allowed me to develop competencies in administration, diplomacy, negotiation, personnel management, financialmanagement, project management, business management, riskmanagement, and entrepreneurship.
THE ART OF THE DEAL Ogbeide sees negotiation experience as essential. They have to be able to manage a contract,” he said, “depending on the kind of meeting they’re having.”. RISKMANAGEMENT Ogbeide wants his students to learn to mitigate risk as it applies to meetings and events. How do you identify a risk?”. “We
CMP International Standards, for example, are updated every five years to cover the latest in strategic planning, project management, riskmanagement, financialmanagement, human resources, stakeholder management, meeting/event design, site management and marketing. Jessie States.
They want to know a vendor’s technical capabilities, financial stability, track records, and compliance considerations. Contract Negotiation Is Mutually Beneficial During this critical part of the process, prospects need to be strategic. CxOs are looking beyond surface-level metrics. It shows a willingness to improve.
So the interns should learn how you negotiate that type of situation.”. Of the 27 competencies listed in CIC’s handbook, it could be site inspection, contract negotiation, promotions, and publicity. THE ART OF THE DEAL Ogbeide sees negotiation experience as essential. How do you identify a risk?”. “We
Look into technical capabilities, financial stability, track record, and compliance considerations as well. Thorough due diligence will help mitigate risks and lead you to a reliable and trustworthy vendor. Strategically Negotiate Contract Terms During this critical part of the vendor selection process, be strategic.
Oren is one of the world’s leading experts on sales, raising capital and negotiation. Rudin, Founder and President of The Rudin Group is an acclaimed financial services marketing strategist and digital media expert distinguished by her ability to forecast, analyze and illuminate critical trends in the industry. Where to find him?
Walker is a faculty of the Foster School of Business, at the University of Washington, as Director of Experiential Learning in Analytics and Senior Lecturer of Marketing and International Business, where he teaches course in Analytics, Marketing, RiskManagement, and Digital Strategy. Where to find him? Seema Acharya Who is she?
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. Why Event Budgets are Important A budget serves as a financial blueprint for a successful event, aligning expenses with desired outcomes and ensuring financial viability.
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. When Marriott-owned organizations are the only game in town, your choices and the ability to negotiate goes down to zero. Hotel negotiations.
We organize all of the trending information in your field so you don't have to. Join 42,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content