Responsibilities of the Six Critical Event Management Functions (Essay Sample)
Instructions: You are the tournament director for a local junior golf tournament. Compose an outline (minimum of 750 words, approximately 3-4 pages excluding title and reference pages) detailing your responsibilities for each of the six (6) "Critical Event Management Functions" (i.e., see below). Explain how you would complete these responsibilities. 1. Finance/Budgeting - The process developing a written plan of revenues and expenses for a particular accounting cycle; the budget specifies available funds among the many purposes of an organization to control spending and achieve organizational goals. 2. Risk Management - Protecting a business or organization from anything that could possibly go wrong and lead to a loss of revenue or customers; developing management strategy to prevent legal disputes from arising and to deal with them if they do occur. 3. Tournament Operations - Pre-event, actual event, and post-event activities for staging an event. 4. Registration System - A system for registering participants in events and collecting and disseminating the appropriate information. 5. Volunteer Management - The supervision of volunteers involved with an event; it involves two areas (1) working with event organizers and staff to determine the areas in which volunteers are needed and the quantity needed and (2) soliciting, training, and managing volunteers. 6. Event Marketing - The process of promoting and selling a sport or special event; it encompasses nine areas: sales of corporate sponsorship, advertising efforts, public relations activities, hospitality, ticket sales, broadcasting, website development and management, licensing/merchandising, and fund-raising. Please begin a new section when presenting information for each of the aforementioned responsibilities. Also, identify each type of responsibility's name (i.e., finance/budgeting, risk management, tournament operations, registration system, volunteer management, and event marketing) in BOLD font within the text. These are broad topics, so you can be brief with some and more detailed with others. It is up to you. Be creative. Your outline should include a minimum of three (3) references
Sports Management Outline - Critical Event Management Functions
Name
Institution
Course
Date
Sports Management Outline - Critical Event Management Functions
Junior Golf Tournament Director
In order to ensure the success of such an event as a gold tournament, a lot of planning and preparation is required. Thus, a proficient leader must be at the forefront in steering the plans to make the event successful. A director is a useful person in such planning. In fact, it is the most crucial position. For the director to be successful, he or she must ensure that the functions of event management are properly carried out and this means that he or she must concentrate on organizing the event. Six critical functions of event management must be carried out by the director to ensure success of the tournament. The functions listed and explained below are the most critical in event management and the director must know how to handle them:
1. Finance/budgeting
Without finances, the event would not even take place. As such the finance and budgeting function is one of the most critical functions of any event. It includes establishment of a pan of expenses and income involved in the tournament (Block, Hirt & Danielsen, 2018). The budget will include the available capital for the event and how it is to be spent to make it successful. A look at previous financial budgets is one way of ensuring proper financial management for the tournament as it will go a long way in making estimations and projections for the upcoming event. The budget
Other Topics:
- Assessment Into The Vector Aeromotive Corporation DevelopmentDescription: Companies whether private or public need to incorporate the company. The incorporation process leads to separation of the company from its shareholders (Srinivasan, 2005). As such, the shareholders are reported to about the firms operation by the directors. The directors act as a bridge between shareholders...3 pages/≈825 words| 5 Sources | APA | Management | Essay |
- Vroom and Jago’s Five Levels of Subordinate Participation in Decision-MakingDescription: The five levels of subordinate participation in decision-making are based on the Vroom-Jago contingency model. According to Vroom and Jago, there is no best of leading or making decisions in an organization. Instead, the most appropriate or optimal course of action depends on or is contingent upon external...3 pages/≈825 words| 4 Sources | APA | Management | Essay |
- Strategy for the Lawn Care CompanyDescription: The case study is about a company called the Lawn Care Company. The company is in the business of producing and selling the highest grade of fertilizer. However, the company does not apply its fertilizer on behalf of its customers. Due to this concern, park and golf courses lament that the Lawn Care Company...2 pages/≈550 words| 1 Source | APA | Management | Essay |