Issue in Contemporary Management Essay Example | Topics and Well Written Essays - 1000 words

Issue in Contemporary Management - Essay ExampleIt is difficult for a small organization to effectively manage, control and prepare between different diverse organizations. Moreover, statutory power given to LOCOG regarding ownership, compensation, and regulation is temporary. In other words, LOCOG has to give up all the fundament facilities developed for the capital of the United Kingdom Olympics after the Olympics which will definitely reduce their receiptss after the London Olympics.Infrastructure development opportunities are immense as part of conducting London Olympics. Development of infrastructure to world-class level will change the face of London city. LOCOG will receive a share from international Olympics committees broadcasting revenue and also from their own marketing efforts. This revenue can be utilized for the economic development and regeneration. Increased employment opportunity is other advantage of conducting Olympics in London. The public will also get an opp ortunity to know more about different culture which will help to grow the English culture.It is unaccepted to conduct Olympics without causing some inconvenience to the public. Some of the local businesses needed to be displaced to develop infrastructure for the London Olympics. This displaced business groups may engage in legal battle with LOCOG. Infrastructure development to world class standards is a major challenge. Ensuring value for money and economic benefits to the cost bearing public is another flagellum to the LOCOG. The public is lavishly extending their support to the Olympics considering a huge return in terms of economic development and infrastructure development. Failure to fulfil the expectations of the public may create problems for LOCOG in future. Stage management and coordination of events are also not an easy task for LOCOG considering its small structure. Propaganda spreading through media is another threat for this event. Many people are spreading the