10 Types of Corporate Events in India
A business thrives not only due to sales but also due to other factors. Extravagant product launches, gala dinners for clients, employee enrichment outings and so on are essential for the smooth functioning of a business. These events are part of corporate event management initiatives. When the business needs external assistance for events, corporate event management companies come in to the picture.
Here are 10 types of corporate events conducted in India for various purposes:
- Shareholder Meetings and Board Meetings
Corporate executives from a company’s global and local offices come together to discuss business reports at board meetings. Listed companies also conduct shareholder meetings to discuss the performance of their shares for investor benefit and to take critical business decisions.
Event management services are brought in for the necessary arrangements for conducting these meetings.
- Business Conference
Conferences to discuss the latest happenings in the industry, to create brand awareness, and more, are organised by business houses from sectors such as technology, telecommunication, marketing, finance, etc. Networking dinners are arranged separately or as part of a conference. Corporate event management companies in Mumbai are hired by companies who do not have dedicated event management teams or support personnel.
- Training Events
Business workshops and seminars are conducted by corporates from time to time to enrich their talent. Corporate event management companies help you to organise these events while you focus on the training content.
- Press Conference
Corporates conduct press conference to communicate an important decision, discuss their new products or to put forward their stand during controversies. Usually, experienced professionals from reputed event management services firm support corporates to organise successful press conferences.
- Corporate Parties
Corporate event management companies in Mumbai also work to put together successful informal events such as product launch parties, cocktail parties, sales success bash etc.
- Trade Shows
For every industry, there are a number of trade shows arranged by corporates. Companies participate in these trade shows to promote their products and services. But to run a carefully co-ordinated event, experts from event management services are hired.
Corporate firms send out their executives on retreats to beat the stress that comes with their responsibilities. Usually, these retreats are of 2-3 days with couple of team meetings merged with fun activities in the retreat schedule.
- Award Functions
To appreciate the efforts of employees, corporate firms come up with award functions. Event management services arrange the entire event for corporates. These events are great for boosting employee motivation.
- Outdoor / Sports / Cricket Matches
Sports events such as cricket matches are organised by corporate firms within the company or with other companies run by the parent company to bring in an element of fun at work. This in turn, leads to brand awareness and employees generally love such events.
- Team Building Events
A business grows when teams work in harmony. Corporates hire corporate event management companies to plan and execute onsite or offsite team building events for their employees. These events also turn out to be stress busters and help team members to bond with each other.