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Financial Meeting Planners Face Special Challenges During Crises

SmartMeetings

When the going gets tough, the tough cut costs—at least in the financial and insurance conference sector, where budgets often are more likely to come under the scrutiny of regulators. More : Budget Financial Meetings: Doing More with Less. Risk management is a team challenge and should be approached from every angle.”.

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Budget Financial Meetings: Doing More with Less

SmartMeetings

Meetings in the financial and insurance sector require outside-the-box thinking. The economy was humming along before the coronavirus hit, but even then the majority of meeting planners in the financial and insurance industries were keeping their budgets in neutral. Financial and insurance meetings in the U.S.

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Five Risk Management Tips For Your Holiday Event

Event Leadership Institute

The answer is two words: risk management. Event organizers and hosts are responsible for the safety and well-being of their guests and the risks associated with events, in particular the serving of alcohol can be especially daunting. How can a holiday party planner be responsible for saving Christmas?

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Smart Moves in Las Vegas, New York and More

Smart Meetings

John Helderman and Stacie Michaels John Helderman (left) and Stacie Michaels (right), Fontainebleau Las Vegas Fontainebleau Las Vegas names Helderman chief financial officer. He has also served as vice president of finance for numerous Strip resorts and as president and CEO for the Goodwill of Southern Nevada.

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Money Talks: Defining an Event Budget

TicketBud

Instead, event planners are living within the constraints and are more reliant on proper planning and financial forecasting to ensure the success of their events. Why Event Budgets are Important A budget serves as a financial blueprint for a successful event, aligning expenses with desired outcomes and ensuring financial viability.

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The 33 skills meeting and event planners need to succeed

Plan Your Meetings

B: Project management. C: Risk management. D: Financial management. G: Stakeholder management. I: Site management. Develop financial summary. Evaluate effectiveness of risk management plan. B: Project management. Manage critical path. Manage contracts.

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What Is the Meetings Industry’s No. 1 Challenge?

PCMA Convene

In the 28th Annual Meetings Market Survey, respondents listed rising food and beverage costs as a major challenge. Nearly 30 percent of respondents’ answers in some way reference budgets or rising costs this year, with AV, food and beverage, and Wi-Fi expenses standing out as particular pain points. Risk management.