Planning Corporate Events in an Uncertain Economy

In an uncertain economy, it is important to findfoster even longer term relationships.
creative ways to promote current and futureBoard Retreats
business. Events are sometimes considered a luxuryGet away from the office for the day (or two) to
and are often the first thing to be cut from aregroup and refocus. In challenging economic times,
company budget. It is important to realize the valuestress levels are high and it is often very productive
of bringing a group together toward a common goalto combine relaxation with strategic planning. Plan a
which can have both immediate and longtermretreat at a resort or facility that offers meeting
benefits.space, accommodations and a variety of leisure
Company "All-Hands" Meetingactivities such as golf, spa treatments, fitness
Consistent communication is a common thread ofcenters and other recreational activities.
well-run companies. Employees perform better whenProduct Launches
they have a clear understanding of the objectives,Let the world, or at least your target demographic,
successes and challenges their company isknow about your new product offering. Create a
experiencing. Bring the group together at the officebuzz by inviting your customers and vendors to a
or an off-site location to keep them informed. Hire apremier party at an innovative location. Host a
caterer to bring in food to complement the meetingcocktail party at a nearby restaurant. If you are
or select a different location that fits your company'sworking within a tighter budget, host an open house
culture.onsite at your location and invite clients, employees
Training Sessionsand vendors to stop by.
Set up your sales and support teams for success byTeambuilding Events
offering training sessions that give them theWhen employee morale is low and stress is high due
knowledge to succeed in a tough market. They willto economic downturns, it is important to infuse
gain a competitive edge by learning first hand aboutsome fun into the workplace. Schedule an activity or
your product and/or services' features and benefitsteambuilding session that will get your staff
and how to overcome objections. Bringing the teaminteracting and working together. Ideas can range
together in person will allow them to ask questionsfrom structured teambuilding instruction to
and share successes with their co-workers that willouttof-the-office activities such as yacht cruises,
inspire future sales.cooking classes, bowling and scavenger hunts.
Client EventsSeasonal Celebrations
A loyal client can never be taken for granted.Don't forget to thank your employees for all of their
Additionally, a vital part of the business cycle is tohard work by celebrating at least a few times a year.
continue to find new prospects and grow theSummer/Fall picnics are a great way to get some
company's customer base. Business dinners andfresh air and can even include family members.
luncheons are an ideal way to take discussions out ofHoliday parties come at a great time to show
the office to create a more productive and relaxedappreciation for the accomplishments of the year and
atmosphere. Thanking long-time company supportersto set the stage for the successes to come.
with a client appreciation event can also help to