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Economic and political influence in conference and banqueting industry

Output of UK events in 2013 Adapted from Colston, 2013. It is estmated that about 1. Following the build up of events in the UK, event businesses have grown to about 25,000 with a workforce of upto 530,000 people Colston, 2014. There are however factors that influence the CandB industry as shown in the next section. Factors such as socio-cultural, economic, political, technological, environmental, and legal circumstances influence C and B development, it is therefore important discuss the impact of these factors.

The UK has very rich historical events which are properly documented for visitors delight. The desire to see, read and have an overall firsthand experience on events of antiquities in the UK influence most corporate decisions to host meetings and special programmes in the UK. There is always a need to celebrate successes and achievements PMBok, 2008. These celebrations are achieved through events.

The growth of the UK economy over the years has necessitated the organisation of various events which have in turn contributed to the emergence of the new industry. However, the challenge now lies on reporting and collection of data that will truly reflect the economic contributions of the CandB industry for enhance policy making.

Most policies that shape management and legal frameworks of industries are made by politicians. The policies of successive governments in the UK, especially those that border on immigration, have over the years strengthened the growth of CandB in the UK.

This growth trend in technology has various impacts on the CandB industry. First, most corporate organisations and accomplished individuals want their conferences and banquets to match the high tech level in which they operate. Moreover, as technology advancement soars, and results in almost virtual world where people now have the comfort of working from homes, events such as conferences and banquets now serve as the only livewire connecting real live people Goldblatt, 2001.

This escape from virtuosity is often designed with a touch of class to be relished. These and the floodgate of research opportunities provided by the internet have significant improved the current perception of events industry and contributed substantially to its growth. It is therefore important that managers of CandB remain proactive in their search for technology that will match the need of their customers 1. The UK government has enhanced the environmental outlook of the nation through modern infrastructural development and planning.

Nevertheless, as events related to CandB continue to grow, there is a need for organisers to monitor the environmental impacts of visitors. It is believed that adequate monitoring and control would ensure sustainable growth.

  • Hence, adequate consideration will be given to the culture of our expected guests;
  • There is therefore need to place discounts on the varieties of events we organise;
  • Legal Factors Legal factors involve — health and safety instruction, different prospects, customer civil rights and rules, product labelling and product safety;
  • International Journal of Event and Festival Management, 4 1 , 6 — 30;
  • The desire to see, read and have an overall firsthand experience on events of antiquities in the UK influence most corporate decisions to host meetings and special programmes in the UK.

It is necessary to ensure that events of epic proportions do not step out of their bounds. This would reduce the delays that comes from legal actions and encourage creativity which boost event management in the UK. The current global downturn has significantly affected the frequency of corporate activities with respect to organising events. Moreover, individuals would be considering price and quality with a view to earning value for their money.

With this in mind, it becomes clear that the level of competition among existing five star hotels will heighten. Therefore, it is important at this time in the development of CandB business to consider the following operational strategies with a view to optimising operational standards and winning more customers.

  • It has a high GDP, diverse economy, but also a few issues;
  • However, the challenge now lies on reporting and collection of data that will truly reflect the economic contributions of the CandB industry for enhance policy making;
  • Ut enim ad minim veniam, quis nostrud exercitation;
  • It is therefore important that managers of CandB remain proactive in their search for technology that will match the need of their customers 1;
  • Identifying and analysing existing research undertaken in the events industry;
  • Therefore as our organisation plans to host project managers in UK, an estimated 1500 guests are expected to grace the occasion, hence the need to adopt the following performance and quality review methods for stronger performance in future events.

Thus, secret shoppers some of our employees will be used to execute the due diligence in order to unfold the information we require about our competitors.

Moreover, there is need to exhibit flexibility in the packaging of banquets and conferences.

An Example PEST Analysis of The UK

Hence, adequate consideration will be given to the culture of our expected guests. This will enable us design and decorate venues with some cultural touch of class. This also has a way of improving the value of delivery to customers. There is therefore need to place discounts on the varieties of events we organise. This will include the creation of additional values such as customisation of events.

It is therefore important to avert disruption of events by obtaining relevant licenses for the events which will form the core of our CandB business.

Conference and Banqueting Management Essay

However, there is a standard for people who would handle, prepare, serve public food. Food and drink is the core part of conference and banqueting industry Zaruka, 2008. Accordingly, most professional bodies now carve out appropriate training programmes for people who want to make careers in sector where food and drinks are strategic to business performance.

  1. Discrimination law Health and safety law Environmental factors refer to ecological and environmental aspects such as weather, climate, and climate change. Ut enim ad minim veniam, quis nostrud exercitation.
  2. Legal Factors Legal factors involve — health and safety instruction, different prospects, customer civil rights and rules, product labelling and product safety.
  3. It is estmated that about 1.
  4. This will enable us design and decorate venues with some cultural touch of class. National Health Services Densely populated with 64.
  5. The United Kingdom is a constitutional monarchy that runs under the influence of a parliamentary system. For example environmental factors are more important to tourism sector where as economic and plotical factors are more important for the Banking sector.

It is important that we employ trained professionals with passion for events management and high sense of safety and hygiene. To remain truly international, it is important that religious inclinations of customers are considered when placing adverts of programmes and events on the website.

Such adverts should be encouraged to accommodate the varieties of religious and cultural values. The performance and quality review of events are used to assess ways of generally improving on-going and future events.

It is a widely accepted best practice procedure in management. Therefore as our organisation plans to host project managers in UK, an estimated 1500 guests are expected to grace the occasion, hence the need to adopt the following performance and quality review methods for stronger performance in future events.

Given the series of events that make a banquet and their cash requirements, the total budget sum is therefore distributed into the events.

What is PESTLE Analysis?

It is always necessary to review allocated funds to verify if it is enough to cater the needs of the. This is usually performed alongside the item of interest. For instance, assess the guests against the food and drink.

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This would ensure that adequate fund is allocated to that important segment of a banquet. For instance, some guests may have some dietary needs. It is therefore necessary to engage a nutritionist in order to identify the dietary options of these special guests. Uniformity in dressing code which matches the background decoration always leaves guests with special memories that initiate a come back to the same venue and organisers.

  • For example environmental factors are more important to tourism sector where as economic and plotical factors are more important for the Banking sector;
  • This will enable us design and decorate venues with some cultural touch of class.

This is usually in the hope of experiencing something new again. The dress code will be thoroughly reviewed to ensure it matches with the profile as well as touches upon cultures that will be represented at the event.

This has been adequately considered in the sale of ticket. It is important to review allocated table to ensure that it makes with the overall aim of the event in a unique style, which should resonate memories. Special consideration is also given to the disabled persons. Therefore of transportation to ensure a hitch free movement is necessary. This especially affects the outsourced programmes.

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It important to make alternative plans should such occasion arise. The review of this contingency plan is necessary. Identifying and analysing existing research undertaken in the events industry: Conference and Banqueting Manager. A future for event management: The analysis of major trends impacting the emerging profession Mair, J.

An exploration of events research: International Journal of Event and Festival Management, 4 16 — 30. Project Management Institute, 2008. A blueprint for marketing your banquet services. Ut enim ad minim veniam, quis nostrud exercitation.