SRISRI MBA Event Management

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    What are Events and what do you knowabout it ?

    History of Event management

    What are the different types of Events?

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    Event Management is the act of managingsomething that happens at a given placeand time

    Event management is the application ofthe management practice of projectmanagement to the creation anddevelopment of festivals and events.

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    Event Management involves studying theintricacies of the brand, identifying thetarget audience, devising the eventconcept, planning the logistics andcoordinating the technical aspects beforeactually executing the modalities of theproposed event.

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    Event management is considered one ofthe strategic marketing and communicationtools by companies of all sizes

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    Event management seen turning eventful

    The organized live entertainment industrycomprises about 10-15 major players holding30% of the turnover."Earnings in the upper categories reported a

    growth rate of over 30% since 1994," - Goldblatt

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    What do you think is the future scope ofEvent Management and why ?

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    2000 2002 2004 2006 2008 2010

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    5%20%

    20%5%15%

    35%

    SportsArtsFelicitationsFestivalsPersonalCorporates

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    The industry is likely to grow on a conservativebasis by at least 15% in the next one year and atleast 18% over the next three years

    Size of the live entertainment industry isexpected to touch Rs 1,600 cr by 2009

    Moreover, with television channels expected toboost their viewership further through contentand events.

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    The most popular events produced byprofessional event managers include (inorder): corporate human resource events,association conventions and social eventssuch as weddings, birthday parties andother private events

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    ClutterFragmentation of viewershipMedia cost inflationTo many channels

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    Target audienceFocused communicationWord of mouth Higher brand recallInvolvement of all senses hence thrillingInstant feedbackEasily customisableBarter or in kind benefitGood events to TV contentOnly method for legally constrained

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    Brand Building1. Creating awareness to launch new

    products/brands2. To highlight the added features of

    product/service3. Rejuvenating brands4. Image building

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    Focusing the target market1. Help avoid clutter2. Enable interactive mode of

    communication

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    Venue

    Media

    Organiser

    Clients

    EventInfrastructure

    TargetAudienceEVENT

    KEY ELEMENTS OF EVENT

    EVENT

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    o Competitive eventso Artistic expressiono Cultural celebrationso Exhibition eventso Charitable eventso Special business events

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    Who, where, what, when, and how?

    Identifying Event Goals and Listing objectives

    Conducting a Competitive AnalysisCreate an appropriate Vision and Mission for an Event,Managing Event PlanningSchedules

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    Earlier big city now all small townsFastest growing industryMany professional training coursesCorporatization

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    GovernmentNGOs PrivateCorporateClubs, pubs, discothequesIndividuals

    Countries, states, region etc

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    ExposureContactsNetworking

    A creative highGood remunerationMulti field experienceEnhancement of other skillsA medium to be independent

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    Self employedJoin a existing firm, corporate etcPart timePart of marketing team, PR etc