Planning an event in a new destination? Partnering with a DMC can make all the difference! From insider access to local expertise, a DMC brings strategic event coordination that ensures your event runs smoothly—without missing a beat. Discover how a DMC’s knowledge, proactive risk management, and commitment to authentic experiences can elevate your event and make your guests feel truly connected to the locale.? #eventsuccess #purposefulplanning #destinationevents #localdmc??
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As an event planner or Professional Conference Organiser (PCO), you understand the importance of adaptability, quick decision-making, and swift action. Risk management in event planning isn't just about handling issues as they arise but also about proactively reducing the chances of incidents and their potential impacts. From meeting deadlines to tackling logistical challenges, Creative Hire have got your back. Discover 6 common risks and how to ensure your next event unfolds with flawless success by clicking the link to learn more. https://hubs.la/Q02wTZ5M0 #CreativeHire #CHInsights #eventprofs #exhibitions #EventRiskManagement #EventRisks #EventPlanning
How to Effectively Mitigate 6 Common Risks in Event Planning - Creative Hire
creativehire.com.au
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As an event planner or Professional Conference Organiser (PCO), you understand the importance of adaptability, quick decision-making, and swift action. Risk management in event planning isn't just about handling issues as they arise but also about proactively reducing the chances of incidents and their potential impacts. From meeting deadlines to tackling logistical challenges, Creative Hire have got your back. Discover 6 common risks and how to ensure your next event unfolds with flawless success by clicking the link to learn more. https://hubs.ly/Q02kP45v0 #CreativeHire #CHInsights #eventprofs #exhibitions #Event #EventRisks #EventPlanning
How to Effectively Mitigate 6 Common Risks in Event Planning - Creative Hire
creativehire.com.au
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Risk Classifications for International Events. ..."what the heck is that Blessing?" ?? When planning international events, understanding and managing risks is crucial. Events are typically classified into several risk categories, each with its own potential impact and likelihood which must be measured individually. “If you can't measure it, you can't manage it.” ...guru Peter Drucker. Here's my high-level overview... Operational Risks: These include logistical challenges, technical failures, and venue issues. They account for about 30% of overall event risks. Financial Risks: Budget overruns, sponsorship shortfalls, and unexpected costs fall into this category, comprising around 20% of risks. Safety and Security Risks: Attendee safety, emergency situations, and security breaches represent approximately 25% of event risks. Reputational Risks: Negative publicity, stakeholder dissatisfaction, and brand damage make up about 15% of risks. Environmental Risks: Weather conditions and natural disasters, especially relevant for outdoor events, account for roughly 10% of risks. Understanding these categories and their relative percentages helps in creating comprehensive risk management plans, ensuring the success of international events. Learn more about managing risks for successful global events at https://lnkd.in/eSiQ-GJz Blé Global - Facilitating Global Connections. #EventPlanning #eventprofs #RiskManagement #GlobalEvents #EventSuccess #thoughtleader #speaker
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Risk Classifications for International Events. ..."what the heck is that Blessing?" ?? When planning international events, understanding and managing risks is crucial. Events are typically classified into several risk categories, each with its own potential impact and likelihood which must be measured individually. “If you can't measure it, you can't manage it.” ...guru Peter Drucker. Here's my high-level overview... Operational Risks: These include logistical challenges, technical failures, and venue issues. They account for about 30% of overall event risks. Financial Risks: Budget overruns, sponsorship shortfalls, and unexpected costs fall into this category, comprising around 20% of risks. Safety and Security Risks: Attendee safety, emergency situations, and security breaches represent approximately 25% of event risks. Reputational Risks: Negative publicity, stakeholder dissatisfaction, and brand damage make up about 15% of risks. Environmental Risks: Weather conditions and natural disasters, especially relevant for outdoor events, account for roughly 10% of risks. Understanding these categories and their relative percentages helps in creating comprehensive risk management plans, ensuring the success of international events. Learn more about managing risks for successful global events at https://lnkd.in/emhbYevM Blé Global - Facilitating Global Connections. #EventPlanning #eventprofs #RiskManagement #GlobalEvents #EventSuccess #thoughtleader #speaker
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Friday's event planning game-changer:?Risk Mitigation and Contingency Planning: Unexpected challenges can arise during event planning, and sourcing agencies excel at risk mitigation. From navigating unforeseen issues to implementing effective contingency plans, they bring a level of preparedness that minimizes disruptions. This proactive approach instills confidence that your event will unfold seamlessly, regardless of unforeseen circumstances. In conclusion from this weeks posts, while the DIY approach might seem appealing, the immense value offered by sourcing agencies is hard to overlook. Their expertise, time efficiency, cost savings, customization, and risk mitigation collectively contribute to the success of your events. When aiming for excellence, consider the strategic advantage that partnering with a sourcing agency brings to the table. #hpnglobal #trustedadvisor #relationshipsmatter #meetingsandevents #meetingprofs #meetingplanners #eventplanning
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Reputational risks management and mitigation: Empirical evidence from the wedding organizer sector The purpose of this research is to identify and determine reputation risk mitigation strategies that may arise in the business processes of wedding activities at Lifetime Organizer Bogor. A poor reputation for a wedding organizer can drive consumers to switch to competitors with a better reputation. Therefore, effective reputation risk management is crucial for wedding organizers. The research holds significant practical implications for wedding organizers, providing a tailored approach to reputation risk management. The proposed strategies, informed by the risk assessment framework, empower companies to navigate the dynamic event planning industry effectively, Read more https://lnkd.in/d4Vc4MSb
(PDF) Reputational risks management and mitigation: Empirical evidence from the wedding organizer sector
researchgate.net
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Even the most meticulously planned events can encounter unexpected challenges. Therefore, it is imperative for event organizers to be well-prepared and equipped with effective crisis management strategies. In this event industry expert series, Esther Solanilla Sánchez-H. shared valuable insights and actionable tips to help event organizers effectively mitigate risks, maintain control, and safeguard the success of their event. Read the full interview at: https://lnkd.in/gkadVuzm #EventPlanning #CrisisManagement #EventManagement #EventMarketing
Mastering Crisis Management During Live Events With Esther Solanilla Sánchez-H. - Accelerate the Growth of virtual & hybrid events
https://blog.10times.com
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We're all expert planners so why do we really need Event Managers? For when it's all going nonlinear, things go south, the other shoe drops.. you get where we're going with this. In short: sh** hits the fan. No really, here's why event management matters: top-tier vendor selection on-site management seamless coordination risk management and mitigation These are all skills built with experience and know the field they operate in - just like in any other job, no amount of planning will keep you safe from unexpected issues. An experienced event manager will avoid or work around the issues that come up. #EventManagement #ConferencePlanning #Events #EventProfs
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Safeguard your event! ?? We know that prioritizing effective risk techniques and comprehensive crisis management always leads to event success and safety. ?? #MagicbyWizardStudios
Managing risks in event planning — Wizard Studios
wizardstudios.com
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There’s always a new destination to explore, or emerging trend to try out. But one thing you should never forget to review? ??Your corporate event safety, risk, and wellbeing policy. To get more insight into what you should be considering, we spoke with Kate (McMahon) Campisi, Business Leader for FCM Meetings & Events Americas, to gather our top three tips for 2024 ?? https://okt.to/qa6DoA #DiscoverTheAlternative #MeetingsAndEvents #BusinessTravel #TravelSafety
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Transforming meetings into seamless experiences, together. | Certified Meeting Professional | Hotel Sourcing & Logistics Expert | WBENC - Certified Women Business Enterprise (WBE)
1 周100%! Collaborating with local DMCs is essential. The resources and expertise they bring to the table can truly transform the process of finding venues, restaurants, and transportation in unfamiliar locations. Even with my extensive nationwide network, I always find that I gain so much by relying on the insights and connections of local DMCs. Their knowledge makes the planning process not only more efficient but also much more enjoyable.