2023 Forbes Media LLC. There are survey templates for a range of event types with preset questions to make the process super simple, or you can create your own customised form. Effective performance management depends on effective goal setting. Having a list of people involved with the event and their contact information can help direct issues that arise to the right person. My rule of thumb: 15% over the total budget should help offset any costs you might have missed during budgeting. Thats why the way you phrase your goals can be so important when communicating expectations to your higher-ups. Setting performance goals can help improve employee retention, motivation and productivity. Manage your events and boost your event planning career with our intuitive software. Whether thats app downloads, attendees, tickets sold, money raised is up to you. Event professionals must be knowledgeable and experienced in the following: Additionally, todays event planners need to know how to deliver TV-quality video content, whether thats sourcing the right partner, employee, or software to make it happen. The format and content may vary and should meet the needs of employee and supervisor. Case in point? To implement your SMART goals and accurately measure success, explore how Eventbrite Boost can help market your next event. Use: I want my next event to generate 30% more revenue than the previous one from virtual and in-person ticket sales in the next six months. Yet, at the same time, it can also be profoundly stressful and chaotic. Will you need speakers or any educational content to reach your goal? Subscribing to our bi-weekly. Setting event goals and objectives will actually make planning your event much easier. Welcome new employees to drive improved morale. By making sure VIPs are included in the event planning strategy early, you can set milestones prior to the event to make sure they have the information they need in order to be a part of your event. The list can go on and on. An unrealistic goal will have the opposite effect. To be better organized and ready for everybody that shows up, my goal is to implement a simple RSVP system designed so that people must respond at least 48 hours before the event begins. Name my business - complete in 2 weeks. Your basic budget should include costs to cover the venue, staffing, service fees, catering, AV, event production, entertainment, furniture, decor, and technology. Get all the support you want for your events because we know hospitality matters. because theyre used to it. Hofstadters Law: It always takes longer than you expect, even when you take into account Hofstadters Law. Adapt customer service scripts when communicating. Your financial situation is unique and the products and services we review may not be right for your circumstances. While it may not always be feasible to set just one goal, especially for large organizations, what matters here is clarity. To achieve this, I will apply to 1 job per week for 2 months submitting a total of 8 job applications. Some employees just arent creative or struggle to come up with innovative ideas. Sounds like a common (and generic) goal but they turned it into something much more strategic. A 5% increase is not much, and raffles are popular. When setting goals, work with SMART goals, which are: For instance, saying you want to host the best marketing conference ever is not very specific or measurable. However, the SMART goal methodology can make your job easier. Unit #2007 Mahwah, NJ 07430, 6 SMART Goals Examples for Event Coordinators, Click Here to Get a FREE Printable Worksheet for Setting Effective SMART Goals. The objective follows the SMART framework, meaning the organiser has a clear guiding objective they can use to plan their event and then measure its success. You can use various metrics, such as the time needed to serve food to the guests, to indicate whether or not you were short-staffed. Using SMART goals helps you cover all of the bases. Complete projects without ongoing direction. Remember that if all else fails, technology often has your back. Objective: Sell a certain number of tickets at various price points to ensure you hit your goal. Performance goals help businesses measure where a business is compared to where it wants to be and can help bridge the gap between the two. Instead, theyre focused on learning what they can to make sure the next event is even better. Following an event,you have all the knowledge from what just took place fresh in your mind. For example, let's take the long-term goal of "Make my business official and operational in 8 months" and break it down into some smaller goals and give them due dates. When working with performance goals, focus on what you can control. Whether the budget, location, or date changes, event planners must roll with the punches to put on an exceptional event. Performance goals are usually productivity goals for employees to follow in order to boost a company's output or performance. To execute large-scale global events for hybrid and virtual audiences, the best planners use project management and other organizational software to keep tabs on every critical piece of information about an event. Busy event creators have limited time, so its critical that they understand the most important areas to focus on and prioritise them in an event planning checklist. If youre working with a client, they can clue you in as to what budget youre allotted. Define key performance goals Understanding the "why" is important " but you also need to quantify your goal. Meet the company standards for attendance and punctuality. Meanwhile, case studies can show you what your competitors are doing. It depends on the job role in question. Yet, at the same time, it can also be profoundly stressful and chaotic. . Proactively research new work techniques or tools. Similarly for outdoor events, creating a backup plan to point to in the case of inclement weather is never a bad idea. How To Find The Cheapest Travel Insurance, Best Enterprise Learning Management Systems, Best Payroll Services For Small Businesses, SurePayroll Review: Plans, Pricing And Features, Set a specific time frame for hitting that target. Heres how you should go about setting those SMART goals: Be as clear as possible when defining what you want to do by thinking about the aims and objectives of an event. Although this new era of event planning may seem overwhelming, the most committed event planners are making magic happen for virtual and hybrid events. Whether youre aiming to increase your revenue, grow your audience, or improve on feedback from attendees, using SMART objectives can help. But if you do have time, a timeline can help you with coordination as far out as days and weeks in advance to event day. S: This goal is specific: to ensure optimal communication and organization so that the event goes to plan. All rights reserved, How Bizzabos wearable event technology helped power HubSpots INBOUND, Riskalyze Partners With Bizzabo To Bolster Event Experience. Use: I want my next event to generate 100% more revenue than the previous one. Build relationships among peers that foster collaboration and discussion of new ideas.. Setting performance goals can help you with the following: Praised by project managers, the SMART goal-setting system is one of the best ways to set performance goals. By measuring the KPIs of your event, you can check how high your return on investment (ROI) is and to what extent your previously defined goals have been achieved . Doing this can give you inspiration for the likes of newly popular hybrid events and innovative health and safety measures like bubble concerts. It also helps you to keep an eye on supplier news, new products and services, and developments in technology. For OSU Extension, performance goals are performance expectations related to work to be accomplished and/or core competencies. Goals shouldnt be binary but should allow a range of outcomes. Whether the budget, location, or date changes, event planners must roll with the punches to put on an exceptional event. Rather than make decisions based on gut alone, planners use data to challenge instinct and inform their next moves. Setting SMART event goals. Time-Bound: This goal is time-bound, as the aim is to increase profits by 5% at the next event and by another 5% at the following event. Specific. 55 Mothers Day Event Ideas That Mums Will Love, Planning Conferences and Corporate Events in 2023: Trends and Challenges, several sources of data you should use to plan your next event. Just as a company or a corporation has a vision and mission, so shouldnt your events have them, too? All rights reserved. 7600A Leesburg Pike, West Building, Suite 300, Falls Church, VA 22043. What went well, what didnt go well? Your objective should be something you can realistically achieve. Refer to our Privacy Policy or contact us at privacy@cvent.com for more details. Show by asking open-ended questions that you are engaged in conversations.. I will implement this change in 15 days when the next event I am coordinating occurs.. Your event VIPs could be keynote speakers, celebrities, dignitaries, or event stakeholders. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. How to Plan the Best Event in 10 Stress-Free Steps19 Event Trends That Will Shake Up Meetings & Group Business in 2020, Free Event Management Software for Planners and Properties. Specific performance goals depend on the employees job role, but they should always be connected to the overall business goals. Develop an interest in creative approaches. Unfortunately, because of this hope, many event organizers have avoided mastering the skills needed to succeed in an increasingly hybrid and virtual ecosystem. Case in point? Or are you looking to attract and engage with a specific group? You could create general goals, such as planning a certain number of events per year. Event KPIs (key performance indicators) therefore directly drive event ROI and inform how successful was the event. A: This goal is attainable because many people are looking for jobs. Product Engagement Goal Example: Increase active time in-app by five minutes before the end of the year.. Product engagement goals are relevant to SaaS companies, marketplaces and social media networks. To foster a better attitude: Ensure that your tone, body language, and other nonverbal cues convey the proper respect and attitude toward others.. But, by knowing what your VIPs will require ahead of time can help you can plan for the unexpected. More specific goals could include increasing the company's event attendance rate. They are commonly used in workforce management. Sales goals work well as employee performance goals for salespeople. This article looks at 6 examples of SMART goals for event coordinators. A goal to plan a week-long country music festival by the end of the month is time-based and specific, but its probably not attainable or realistic. Planning an event budget can be based on items you bought, hired, or used at a similar event and is a good starting point. My SMART objective is for my next event to generate 30% more revenue than the previous one from virtual and in-person ticket sales in the next six months. SMART Goal Example Summary: I will land my dream job working for a SaaS company like Shopify and travel long-term as a digital nomad. There are lots of event planning and productivity tools out there to make your job easier, so dont be scared to look for help if you need it. Use: I want my next event to generate 30% more revenue than the previous one. S: This goal is specific to allow for greater organization through an RSVP system that requires guests to RSVP at least 48 hours before the event. Create a website - complete in 2 months. However, the SMART methodology enables you to set goals that can help overcome these challenges. Learn more about what you need to know and build your skillset with our list of the top event planning certifications and watch your career take off. Specific: This goal is clear to increase initial profits by 5% by hosting a raffle, with a raffle twice the size in the following event granted the first one is a success. Focus on the ability to think creatively. Facebook, Twitter, Instagram, and Pinterest are just some of the platforms you should be using on a regular basis as the owner of an event planning business. This communication will regard the responsibilities which all relevant parties have. 2. An event coordinator has many responsibilities that pose specific challenges, including hiring the correct number of staff, maintaining a budget, networking, dealing with the weather, not having experience, not being organized, etc. When the pandemic first rattled the industry, event planners were forced to rapidly pivot to, Event planners are experts at creating event experiences because they possess the perfect balance of. Avoid taking professional criticism poorly. Two examples of SMART goals for event planners. Earn a Promotion. Create a course of action for projects without supervision. Cooperate with others to foster team spirit. Why are you inviting attendees to your event? Total number of qualified leads acquired at the event, Sponsors highly rank their satisfaction with the event, Individual promo code tracking link performance, Social media mentions using designated event hashtag on each platform, The majority of attendees polling highly satisfied with event speakers, Number of total active community members after event (compared to total number before the event), Numerical results from attendee satisfaction surveys, Number of total event check-ins compared to registrations as a percentage, Event community engagement online as measured by social media interactions OR specified activity on event app, Social media posts, likes, and shares pertaining to the event, Ticket sales and individual ticket type performance, Individual sponsor page engagement on the event website, Number of repeat attendees (for recurring events). Why the way you phrase your goals can be so important when communicating expectations to your higher-ups outcomes. 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