Event Management
is looked upon as a sunrise industry
in the service sector. The word 'Event'
now needs to be re-defined in view
of the manifold growth of the various
'happenings' in the ‘commercial’
as well as in the 'non-commercial'
world. Be it private happenings or
public events, everything now is done
on 'big scale'. 'Image' is the key
word today. This 'image' building
exercise today needs a professional
manager, either an individual or an
organization, depending on the size
of the exercise.
Secondly, the Awesome growth of Event
Management industry is due to the
sudden spurt in Live Entertainment
Shows (domestic and international),
corporate events (product launches,
dealers meet), various exhibitions,
seminars, conferences, carnivals regional
and national festivals.
More than 800 companies have forayed
into events. Growth is therefore 30%
annually. Recently, a study on Live
Entertainment industry was done by
Pricewaterhouse Coopers to study and
evaluate the untapped opportunities
in the Indian Entertainment Industry.
The report unfolds the story of gradual
growth in live entertainment shows
and the consequential growth in the
Event Management Industry. The positive
side is the growing acceptance of
professional event management in both
public and private sector.
Event Management involves planning,
creatively organizing and executing
an event – a product or brand
launch, an exhibition, a concert,
a show or even a conference. Event
Management is the most intimate form
of marketing. It is a controlled activity
aimed at the target audience. It is
also called 'experiential marketing',
or ‘niche marketing’,
where the environment is controlled
to suit the needs of the product or
the show being showcased.
The fact is that the event management
industry is approximately eight to
ten years old in India and is still
gaining momentum. In today's frenetic,
time-chasing world, event management
has actually become a viable career
option. With each year passing by,
an increasing number of job openings
are available. As a matter of fact
it offers immense scope for the youth.
An event manager is like a circus
leader who has to perform many different
functions. The various functions handled
by event managers are organizing seminars,
exhibitions, concerts, cricket matches,
road shows, functions, events, etc.
An event manager has to, in the initial
stages; fetch clients for the organization.
The next stage delves into the conceptualization
of the whole show around the theme
as required by the client.
The major functions remaining relate
to executing the event by creating
publicity hype and also marketing
the show, guaranteeing awareness among
the public about the show to ensure
its success. The hype can be created
through the print media, TV, etc.
The venue has to be booked and properly
organized for the show. Other outsourcing
aspects like lighting, food, stage,
stalls, electric equipment, ticketing
etc are to be taken care of. Performers
have to be booked in case of marriages
or parties according to requirements.
As events cannot be managed single-handedly,
companies have structured their organizations
to employ people in various departments
required to organize a successful
event.
It is in this light that event management
has become one of the most strongly
emerging careers in India today. Event
management is considered to be a fascinating
and thrilling profession that requires
a lot of toil and energy. Industry
experts see enormous job opportunities
in this field. |