Posted by: olymponomics | April 20, 2012

Political risk and mega-events

The recent events in Bahrain in the lead-up to the F1 Grand Prix might have been rather predictable in view of last year’s cancellation. More broadly, though, civil unrest and internecine political conflict are a potential flash point for mega-events. Last summer’s riots have encouraged preparation of crisis management standards for London 2012, while there is the usual chatter from protest groups ahead of the Games, this time directed at ‘unethical’ activities of corporate sponsors. The need for event organizers to manage their ‘reputational’ risks (and those of their corporate partners and private sector contractors) have increasingly come to the fore in the Olympic context, although political risks remain a major issue to be managed.

Advertisements

Responses

  1. Really interesting. The economics of hosting the Olympics are interesting, too.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: