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Impact of London Olympics 2012 - Essay Example

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Impact of London Olympics 2012

The 2012 Olympics will give a fillip to the London economy, and it is a major opportunity for all organizations in the metropolis.
Stadiums, swimming pools, courts, residential accommodation for athletes, officials and for spectators spring first to mind when most people think of the economic fall-out of a city being chosen for the Olympics. Physical assets have limits in reality, for returns cannot be achieved without qualified, skilled, experienced and motivated teams of people. The 2012 Olympics is a challenge for Human Resources Management, as much as it is a chance for civil engineers and architects to get busy! The Olympics represent an acute opportunity that comes to a city for about a week like a comet, once in decades! It nears years of careful preparation, with a full agenda for Personnel departments. Every function tends to inflate its own importance, but even those who are not full-time professionals from the Human Resources field will agree that finding and retaining people of the right caliber is going to be a major obstacle to be overcome, for any London institution to reap the rewards of their home city being selected for the 2012 Olympics. This document attempts to develop some key policies for a chosen London organization, so that it prepares for this major world event.
Every metropolis has an aquarium, and London is not lacking in this respect. The London Aquarium has an especially spectacular collection, and a central location that puts it in the path of major tour operators and individual tourists alike. It has certain appeal for all the people who will come to London to watch some part of the Olympics. The 2012 event promises to be a chance for the London Aquarium to experience a surge in revenues if it is able to gear up for the flood of visitors who will descend on London from all corners of the globe. Young people from parts of the United Kingdom other than London itself will be amongst the most prized ...Show more

Summary

The frenzied lobbying for votes to win the right to host the Olympics is a public indicator of the enormous and sustained economic advantages for candidate cities. London has been a major tourist and financial center for decades, but its vanguard position has always been under…
Author : willtheresa
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