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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. A 7-Step Process A true process will go beyond RFP sourcing and siteselection, contracting and negotiations.
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. Ask your venue contact about existing riskmanagement or emergency procedures already in place.
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. A 7-Step Process A true process will go beyond RFP sourcing and siteselection, contracting and negotiations.
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. In normal times, your siteselection process would include factoring in airlift, weather, meeting space, number of guestrooms, etc. Timing is everything.
CMP International Standards, for example, are updated every five years to cover the latest in strategic planning, project management, riskmanagement, financial management, human resources, stakeholder management, meeting/event design, sitemanagement and marketing. Jessie States.
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. For meeting professionals, the situation is a good reminder of several site-selection and risk-management best practices.
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