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BY PROF GEETA NAIDU HEAD OF DEPARTMENT DEPARTMENT OF TECHNOLOGY S.B.JAIN INSTITUTE OF TECHNOLOGY, MANAGEMENT &
intangibility inseparability:
Characteristics of Services
Canned Ready- AutoDraperies, RestRepairs: Air foods made mobiles Carpets aurant auto, house, travel clothes meals landscaping
MOSTLY GOODS
MOSTLY SERVICES
Alternate Careers
Event Management
Event Management is a multi-million-dollar industry, growing rapidly, with thousands of mega shows and events hosted regularly.
On the professional side, event management is a glamorous and exciting profession that demands a lot of hard work and dynamism.
An interesting area in Event Management is organizing parties and disco nights. The Event Manager is responsible for :designing the basic framework, marketing , hunting for sponsors, working on the logistics, locating the site/destination,
hiring performers ,
books the artistes, arranges for transport for different people, a nd on the D' Day co-ordinates, plans and finalizes every aspect of the event.
Some of the vital aspects of Event Management are :(i) Striving to be in constant touch with the client.
(ii) Collection of regular feedback on the services rendered. (iii) Planning pertaining to the service package. (iv) Budgeting (v) Logistic planning The key to success in such a profession is creativity and a very professional attitude. In order to fulfill these requirements, one needs to undergo a proper and effective training too.
The event manager is required to plan a complete event by working on an interpersonal level with people.
He needs to meet deadlines and make the end-product a great success.
JOB OPPORTUNITIES
One can work as an event manager in companies like Wiz craft, television channels like Zee TV, coordinate fashion shows for companies like Lakme and organize award ceremonies for magazines like Film fare.
One can also work as a public relation executive in various media and advertisement houses and tourism sector.
One can work as an event manger and coordinator in companies like Ogilvy and Mather, Percept' D mark, CNBC TV, DNA Network and Encompass abroad.
Films
and serial production houses, hotel industry, tourism, the corporate sector, BPOs (Business Processing Outsourcing), newspaper houses and the fashion industry are some of the sectors where an event manager is required.
Remuneration
Event Management jobs for fresher's in India pay handsomely. Remuneration in this field fluctuates according to the type of the event that is managed. The sky is the limit for a successful event manager. While after a course in event management, a fresher can start his/her career with Rs.5001000 per day, the starting salary for professionals in corporate sector can be anywhere between Rs.30, 000 and Rs. 1,50,000 ( according to event). Once an event manger attains experience in the field, he/she can command over the charge depending on his/her client
Finally, the mindset essential to inculcate for success in this profession:Finally, the mindset essential to inculcate for success in this profession:(i) be prepared for teamwork. (ii) round the clock (iii) To be mentally and physically prepared to meet the demands of the situation at any odd hour of the day. (iv) To be primarily an extrovert and a natural expert in Public Relations. (v) Possess leadership abilities. Today, there a number of people, who have entered the field because they realize the potential of the market where demand and supply is concerned. In fact, the most profitable aspect of this field is the need for creativity. And that is how and where one earns.
Marketing tool
Event management is considered one of the strategic marketing and communication tools by companies of all sizes. From product launches to press conferences, companies create promotional events to help them communicate with clients and potential clients. They might target their audience by using the news media, hoping to generate media coverage which will reach thousands or millions of people.
They can also invite their audience to their events and reach them at the actual
event..