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Preparation is the Key to Risk Management

Smart Meetings

Risk management is a dedicated preparedness rather than simply a mental exercise, according to Lisa Sommer Devlin, the most recent Smart Meetings webinar host. In her talk, “Risk Management 101,” she outlined strategies for dealing with the risks of the industry, as well as how to actively avoid them. Legal Risks.

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Knock, Knock … Are Your Attendees’ Rooms Secure?

MeetingsNet

Electronic hotel-room keycards with a security vulnerability puts a new risk-management issue on planners’ plates. A meeting professional’s responsibilities are far reaching, but they haven’t typically required knowledge of the host hotel’s guest-room door keycard system. That’s changed. Grimes asks.

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Contracts and Negotiations Amid Covid: Best of What’s Worked in 2021

Smart Meetings

This year, we talked tips, tricks and insights with legal professionals on negotiating event contracts and navigating the current legal landscape. While some hotels are doing the right thing by taking Covid safety protocol seriously, even offering on-site testing, it’s especially important to have contracts squared away.

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Money Talks: Defining an Event Budget

TicketBud

Now, imagine showing up to the event, hearing that most speakers backed out after not getting paid, and then being asked to help cover the costs of the event’s outstanding hotel bill of $17,000. Event budgets also act as a risk management tool. Whereas, starting too late can mean less options and premium rates.

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10x Your Next Conference: Why Now, More Than Ever, You Should Use Holistic Procurement Methodology

Smart Meetings

Effective procurement strategies not only ensure that companies get the best value for their money but also play a role in risk management, innovation and corporate social responsibility. A 7-Step Process A true process will go beyond RFP sourcing and site selection, contracting and negotiations.

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10x Your Next Conference: Why Now, More Than Ever, You Should Use Holistic Procurement Methodology

SmartMeetings

Effective procurement strategies not only ensure that companies get the best value for their money but also play a role in risk management, innovation and corporate social responsibility. A 7-Step Process A true process will go beyond RFP sourcing and site selection, contracting and negotiations.

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Event Contract Essentials in the Covid Era

SmartMeetings

Meeting professionals today are risk managers. Pandemic-era contracts now require contract clauses that include Hotel Protocols and Policies for Covid-19 prevention. The planner can get dinged if attendees are able to get lower rates at the same hotel, so focus on room nights. What if a hotel cancels due to bankruptcy?

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