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Event portfolio and multi-purpose development: Establishing the conceptual grounds

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  • Ziakas, Vassilios
  • Costa, Carla A.
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    Abstract

    While sport events usually hold a prominent position within a host community's event portfolio, little is known about how they can be synergised with other event genres to maximise their overall contribution. As event portfolios remain a neglected area of study, there is a gap in the sport and event management literatures regarding the nature and implementation of event portfolios and their implications for the management of sport events. The potential of an event portfolio is that it may function as a system assembling different event stakeholders in a network and serving multiple purposes through the employment of joint strategies pursuant to the attainment and magnification of specific ends. This requires that the different events be cross-leveraged within the portfolio for multi-purpose development. Consequently, this paper conceptualises event portfolios as multi-purpose developmental tools for host communities and stresses the need for a holistic approach to be adopted in their study. With this in mind, literature on event leverage, sport event tourism as well as inter-organisational networks is reviewed and integrated. On this basis, a multi-disciplinary comprehensive framework for the study of event portfolios and a research agenda are proposed. Main directions for future research include exploring the nature and character of event portfolios, investigating event interrelationships, explicating inter-organisational relationships of events networks and learning how to build community capacity in event portfolio management.

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    Bibliographic Info

    Article provided by Elsevier in its journal Sport Management Review.

    Volume (Year): 14 (2011)
    Issue (Month): 4 ()
    Pages: 409-423

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    Handle: RePEc:eee:spomar:v:14:y:2011:i:4:p:409-423

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    Related research

    Keywords: Event leveraging; Synergy; Events network; Inter-organisational relationships; Holistic approach; Integrated planning; Multi-disciplinary perspective;

    References

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    1. O'Brien, Danny & Gardiner, Sarah, 2006. "Creating Sustainable Mega Event Impacts: Networking and Relationship Development through Pre-Event Training," Sport Management Review, Elsevier, Elsevier, vol. 9(1), pages 25-47, May.
    2. Calvin Jones, 2005. "Major events, networks and regional development," Regional Studies, Taylor & Francis Journals, Taylor & Francis Journals, vol. 39(2), pages 185-195.
    3. GarcĂ­a, Beatriz, 2001. "Enhancing Sport Marketing through Cultural and Arts Programs: Lessons from the Sydney 2000 Olympic Arts Festivals," Sport Management Review, Elsevier, Elsevier, vol. 4(2), pages 193-219, November.
    4. Christine Green, B., 2001. "Leveraging Subculture and Identity to Promote Sport Events," Sport Management Review, Elsevier, Elsevier, vol. 4(1), pages 1-19, May.
    5. Matthew J. Burbank & Greg Andranovich & Charles H. Heying, 2002. "Mega-Events, Urban Development, And Public Policy," Review of Policy Research, Policy Studies Organization, vol. 19(3), pages 179-202, 09.
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