Role
of Event Management in Corporate Communication By
Basil Mbuna
Event
Managers or Corporate Communicators
The
question as to whether the corporate communications team in organizations has
to take on the additional responsibility of organizing events has to be
answered in the wider context of the organizations size and the budget that it
allocates for this purpose. Though many multinationals spend lavishly on event
management and hire professionals for the purpose, in recent years, the budgets
for hosting events (both professional and fun) events has been slashed in many
companies because of the recession. The other factor that is at play (no pun
intended) here is that many corporate communication professionals often have
degrees in mass communication and have background in advertising. This helps
them to fulfill the role of event managers for which they are hired by many mid
size and smaller companies. Further, in multinationals it is common for event
management professionals to be part of the corporate communications function
because these companies have the latitude to spend more.
Role of Corporate Communications Team in
Event Management
As
can be seen from the discussion above, the line between event management and
corporate communications is often blurred in smaller companies where the
corporate communications team has to handle events of smaller scale. For
instance, the various Town Hall meetings and other sessions need both the place
and the logistics to be arranged. This entails booking an auditorium or a hall
and ordering for food and refreshments apart from arranging transport to and
from the venue. All these activities are typically handled by event management
companies in larger companies that have budgets for the same. As we discuss
below, multinationals have dedicated event management teams within the
corporate communications function. However, for many smaller companies, they
need to make do with the corporate communications team handling the events
themselves.
Some Real World Examples
Companies
like Oracle, IBM, and Fidelity have full time event management teams within the
corporate communication function. This is because these multinationals organize
events periodically and with great frequency. Hence, there is a need for a
dedicated event management team within the corporate communications function.
Of course, this is not to say that these teams do not take the help of external
professionals in organizing the event. Just that depending on the scale of the
event, the in-house event management teams handle the show for smaller events
and for events of great magnitude, they outsource the function to professional
event management teams. For instance, whenever the CEO or the President has to
address the employees and whenever the annual day is celebrated, the scale of
the event is such that professional event management is required. For other
events, the in-house event management teams can get the job done.
Closing Thoughts
If
you have ever attended an event organized by a multinational or even large cap
companies like Infosys, you would be surprised by the degree of professionalism
that is displayed. This is partly due to the evolution of these companies into
world-class entities and partly due to the fact that these companies are under
media glare most of the time and hence, they cannot afford to slip up when they
interact with the external world. Even in-house events are often choreographed
and managed by professionals, which shows the extent to which event management
has become synonymous with corporate communications.
By
Basil Mbuna
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