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University: Icon College of Management and Technology
The conference and banquet management industry in the UK has achieved the fastest growth and recognition of people in the market. The continuous rise in growth of the industry has also provided various business opportunities for enterprises in this sector and enables them to innovate products and services in the market. The present report is based on an analysis of various important events, conferences, and banqueting of organizations. Analysis of œService on a plate is a catering business enterprise which has its operations in different countries of UK. In addition to this, different factors which has provided an influence on the development of enterprise. Further, key strategic and operations issues are involved in the appropriate management of a given conference or banquet. At last, performance and quality review techniques used by the conference and other banqueting industries are discussed in this report.
The conference and banqueting industry is among the largest industries of UK. It is one of the fastest growing sectors of economy. This industry is divided into two groups i.e. Conference and Banqueting. The former industry serves for the officialsâ events and formal activities while the latter sector serves all informal events like weddings, celebration, family occasion or special events (Aldebi, Ali and Abdulhassan, 2017).
The sector has a huge size of operations and management. At present, 46000 hotels are engaged in this business. According to the statistics of year 2017, the industry as generated profit of around ã42.5 billion per year. This sector is quite attractive to foreign clients and tourists to avail the benefits of this industry. It is one of the 4thlargest industries in terms of employment and revenue generation. It employs around 5 million employees on a full-time job on 127000 properties as part of infrastructure. The size of industry remains significant market to boost the economy of UK. Conference and banqueting industry is extremely diversified in terms of services provided by it.
The scope of this industry is quite big. It comprises of hotels, catering agencies, pubs, clubs, restaurants, and motels, etc. Many tourists and foreign clients visit UK. The famous city like London and its prime location is the main attraction of tourists across the world. There are around 1.3 million business events are held every year in UK. These events are attended by 85 million people every year. There are many hotels in UK to accommodate such large numbers of attendees and tourists.
Further, the size of this sector can be divided into small, middle and large ranged according to number of days meetings are held and participant who attend these conferences. The small size conferences are held for 1-3 days and consist of 400 participants. The medium-ranged conferences are continued for 2-5 days and have approx 800 participants. Whereas,large ranged meetings are held for 6-8 days and includes 3000-4000 participants. The origins of these meetings is international. The most popular kind of conference is small ranged. It is conducted on a large pace and whenever necessary.
Thus, Service on Plate has great scope of growth due to expansion and flourishing of conference and banquet industry.
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Dissertation Help Assignment Help Coursework HelpEmail :Â help@globalassignmenthelp.com.auThe factors which contributed in the development of Conference and banqueting industry in UK are:
There are certain external factors which affect on growth and development of conference and banqueting industry like,
The company should properly analyse these factors as they contribute in the development of the conference and banquet industry.
There are many operational and administrative issues arrived in the effective management of Conference and banqueting industry. The administrative issues are:
The operational issues which are faced by the conference and banqueting industries are:
The success of this sector depends upon the performance and quality services provided by the company while managing the conference and banqueting services. To effectively evaluate the performance of the organization, it is required to evaluate its employees. In the conference and banqueting industry each and every employee is important and their performance would contribute to the success of the business. Thus, it is important for event companies to periodically evaluate the quality and performance of their employees. To accomplish this purpose firm can use the effective technique i.e. Program Evaluation and Review Technique (PERT).
The PERT is a management planning and control tool. This technique measures the performance of an individual on basis of cost and time relationships. This technique provides a network diagram with an initial point to a finishing point which is termed a path. The amount of time required to complete the activities in sequences along that path figures out the time required by an employee to complete their work. It is done by the project manager within the company. It provides further assistance in monitoring the activities, keeping track of them, and helping in solving complex issues of the company.
The company can use management techniques like Six Sigma to improvise the quality and performance of employees. Further, the company can review its performance on basis of;
Attached in PPT
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You may also like to read:Â R/508/0581 European Union Competition Law
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