Strategies for Effective Risk Management in Event Planning: A Comparative Analysis of Risk Associated with Hosting Events in Jakarta

This study investigates the topics of risk, crisis management, and resilience within the specific domain of event management. The primary objective is to analyze existing literature on these subjects and examine the event management practices in Jakarta, Indonesia. This study emphasizes the importance of differentiating between risk management, which focuses on proactively addressing potential problems, and crisis management, which deals with crises as they occur. The text highlights the recognition of a developing integration between these two fields within the comprehensive resilience framework, which spans several stages, such as prevention, planning, reaction, recovery, and learning. Moreover, it underscores the necessity of adopting an organizational framework to manage risk and crises effectively. This framework should comprehensively consider diverse organizational elements, including but not limited to size, structure, culture, and historical encounters. Nevertheless, despite the heightened demand for this all-encompassing and organization-focused approach, empirical research is still being conducted on resilience within the domain of event management. This study highlights the necessity for additional research on these pivotal topics, aiming to augment event management entities’ strengths and crisis management capacities.