This class was the first opportunity I had to learn about the event planning industry. I knew that it took a lot to put together an event, but I had never fully realized how much actually goes into it. As a hospitality major, event planning is a necessary skill to have even though I do not plan to become an event planner. If I had the option to start working in this industry tomorrow, there would be several things that would either help or hinder me. The first strength I would bring to the event planning industry is my ability to budget and manage money. With my personal finances, I am very strict about my spending habits, and I am constantly trying to find ways to save money. For example, I spent hours this past weekend researching the best deals on kitchen supplies for my house next fall. I made a spreadsheet of all of my options that fit the perfect balance between price and quality along with dozens of promo codes that could apply, and it quite literally paid off. My ability to organize and manage my own money as well as to save money would be beneficial in the event planning industry. I would be able to offer my clients various options based on a wide variety of different budgets. Prioritizing is key; it is important to determine which areas would be most …show more content…
It would take time before I could build the necessary relationships with the venues, photographers, linen and design companies, entertainment businesses, and so many others. I would be able to organize and budget for all of the different vendors I would hire, but I do not have any relationships with them being inexperienced in this industry. If I were to start in the event planning industry tomorrow, I would need to utilize as many resources as I can in order to build the key relationships with vendors in the Peoria
I found this case study particularly interesting; in retrospect this class would have been extremely helpful prior to starting my husband’s business. I now see the importance of having a clear financial plan and projection, along with a strong command of your market share. My husband and I have been able to muddle through the areas were did not know or understand in running a business, but prior knowledge would have been a valuable
Therefore, I hope that I can achieve many new valuable experiences as well as friendships through this class. As a student, I believe I have the responsibilities to pay attention in class, and contribute to the class as much as I can. Besides, I need to ensure that I finish homework before coming to class and seek for help when needed. My goal is to become a successful business woman, who has the opportunities to work with different countries and cultures around the world. I am confident that this class will help improving my analytical and organizing skills, which are helpful and beneficial for my career in the
The first of the two careers to be analysed is an event manager, sometimes also called event organisers or event planners. Prospects UK (2012) describes event managers as being the ones responsible for event production from its conception, right through to its completion. This can include the initial planning and organisation of the event, the development of a management plan to assist in the preparation (Gascoyne Development Commission, n.d.), and the coordination of all aspects of the event on the day its being held (Prospects UK 2012). This career was chosen as I feel like I would enjoy the creative aspects of planning my own unique, memorable and enjoyable events.
I had to plan fun events, but also make them very inexpensive. This was an
Another strength that I have is being an active listener. I listened to my clients and utilized a lot of micro skills. Insuring confidentiality was also a strength that I developed closer to the end of field placement. Conducting assessments and making sure I tracked and exhausted the topics was also a strength that I identified throughout field. Practicing from a strengths perspective was also another area I excelled at when working with my clients. A skill that I could work on is being more conscious of self in terms of body language during interviews, because at times I find myself with my arms cross which may give an indication that I’m closed off or
I am not going to lie this class was my hardest it felt like I didn’t know what was going on at all time. It not like I wasn’t learning anything in there is just that I didn’t really get the class at all. Every time went on Capsim to do work I never get anything do because I didn’t know what I was doing. Is not like I didn’t like the class the class I just us doing the Capsim online was hard for some people because they didn’t know what to do. Next semester I think the class should be thought like microeconomic because more people we will it better. Another idea I was thinking was we could do a field trip to some business meetings even though I know students in college don’t do feel trip. The feel trip will give us an ideal of what a real
The key elements of business success are the people involved, the location, the supplies that are available, the plan that’s made as well as cost.
Planning a Party The process of planning a party takes a lot of time and focus to get every detail covered. First of all, you must decide where you will have the party, maybe a club house or your own home. When you have that decided, then there are several other steps you must take in order for your party to be successful. You have decided on a location, and now it is time to make a list of the people who will be attending.
Overall, this has been one of my favorite classes in that I can work at my own pace, make my own deadlines (besides the due dates), and communicate with others in ways I had never done before. I am more of a hands on, face to face, confrontation kind of student,
Compared to my competitors, my strengths are my languages, technology skills, education, work ethic and the ability to follow directions. The first strength that I am aware of is I speak three different languages. Also, I have decent technology skills. I have a great educational background from KU. Work ethic is another one of my personal strengt...
The barriers of entry that could possibly affect the market in which my event planning business operates is brand loyalty and economies of scale.
I am going into event planning, in the sector of the hospitality industry. Event planning industry is on the rise and is not glued to one specific genre, hence, there are several to choose from. Event planning is needed for all sorts of occasions such as, birthday parties, weddings, fundraisers, product launches, concerts, anniversaries, fashion shows, conferences, graduations, business meetings, and much more! It is an industry that will never stop growing and improving. Specifically, an event planner job includes working with clients, creating a positive self-image, networking with clients, and personal and financial gain.
Parties can range from house warming parties, to birthday parties, holiday parties, engagement parties, etc. You can even throw parties just to have fun. Find a reason to celebrate, whether it is a holiday, a special occasion, an achievement, a big announcement, a new endeavor, a job well done or a journey completed. The reason you are partying will set the tone.
Taking this class this semester has really changed the way that I have viewed myself when it has come to work and the different companies that I have worked before. I have taken a psychology class before but I have never taken one that relates to management and organizations. This class has really helped me answer different questions such as why I was unhappy at some jobs, enjoyed some managers over others, and what motivated me to work hard at jobs. It’s good to learn that there are different terms and definitions for different feeling and things I experienced at jobs to know that their other people experiencing these things also. I will be going into a management position after I graduate, and this class helped me to learn many different ways to go about managing and things to avoid to keep a positive working environment.
Of course the impact depends on the goals, but most of the companies want events to be more than just an advertisement for their brand. If done well, events have the power for creating a powerful and lasting impression of all that the company can deliver. By allowing the people to get experience and interact with the company, product or service while participating in an event, you will be connected to potential buyers.