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…
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 ...
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“Impact of London Olympics 2012 Essay Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.net/miscellaneous/314303-impact-of-london-olympics-2012.
The events will continue for month and a half from 27th July to 12th August 2012 and will contain nearly 300 gaming events in various categories. This is the third time England is organizing Olympics. Prior to this, England had the honors of arranging them in 1908 and 1948(Barrow, 2011).
Organisational Structure The London Olympics and Paralympics games organised a committee which was to look after at the affairs of the event, LOCOG was created with Lord Coe as its Chair. This committee is responsible for staging the games and to raise funds by means of sponsorship.
Thus, the target audience comprises of young, energetic, sport loving and health conscious individuals between the age brackets 15-35. Moreover, it is also worth saying that we cannot rule out the potential target audience which lies beyond the bracket: those who are above the age of 35.
However, events like Olympics and Paralympics not only serve the above objective, but also represent a higher perspective. “More than ever, sport is a universal language and play the role of catalyst in today’s society as a means of improving the quality of life and well being.
Such was the case in Montreal for the Olympics held there, where the building construction outweighed the influx of investment capital, thus making them the most costly games on record.
If planning is properly tuned, the games can prove a substantial economic boon to the host country and the surety that the costs will be recouped and continue to ensure businesses thrive years after hosting the games.
Clegg, Chief Executive of the British Olympic Association (London2012), an Olympic village has been designed where the ‘aspirations are to create an Olympic Village which will reflect the efficiency of Sydney, the quality of the living accommodation in Athens and the carnival
It is mentioned that Olympics 2012 would take place in London. This is the third time in history when the city has been given this honor to host the event. The last two times it hosted the event in 1940 and 1948. London won the bid out of four big cities: Paris, Moscow and New York in a close one-on-one with Paris by 4 votes.
In 2005, London won the bid to host the 2012 Olympic Games, closely beating its rival Paris. However, this bid faced so much political contentions with arguments on the benefits of such a mega event and the
These disciplines in total conduct more than 300 sporting events, further signifying its larger appeal in the global platform. The last Olympic Games were hosted by London in the year 2012 (Hunter, 2012). Gray (2012) in a report
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