What Is A Corporate Event?

A Corporate Event is an event held which is funded by a Business or Businesses this may take several forms and be put on for a variety of reasons.

These events are big business in the Corporate world and help to keep Companies competitive within their industries both in terms of the marketplace and the retention of staff. Some Companies will hold budgets for periodic events and have an internal team who undertake the planning and execution of these, where there are large scale events Companies will look for external Event Planners to take this role on.

A Corporate Event will have a set of objectives and it is the job of the team to meet these objectives on the delivery of the event, the objectives of the event will also determine the type of event that will be organised.

Once the objective is determined this will lead to the type of Corporate Event that is put together, of course some of these events could be a mixture of more than one type if this is on a large scale taking place over a period of days for example.

Company Meeting

A Company Meeting is normally held onsite between employees of a business or with other outside suppliers who may be providing a service.

These types of gatherings could be regular meetings to discuss a particular subject with a specific team such as a Daily or Weekly Meeting, A Monthly Roundup or an Annual General Meeting (AGM) to discuss Company Performance with Directors providing information and a presentation. 

Team Building Day

Working well within a team at a workplace is essential and there are various ways a Business will try to bring teams together more closely, one effective method for this is Team Building which is bringing together these groups of people and helping them get to work together better through activities and role playing.

It is thought that Team Building can encourage proactive participation from individuals to engage together more cohesively and collectively in reaching a required goal.

Activities would include things like solving Puzzles, putting together Presentations, creating scenarios and indulging in Team Role Play all with the common purpose of encouraging people to get to know each other, build ideas and create a better sense of a team.

Modern Team Building of course is more than merely putting a group together in a team to thrash out an activity, event companies will offer far more diverse ideas for businesses to think about.

There are activity days at outdoor activity centres which take on a range of themes such as Water Sports, Team Games and Sports, Escape Rooms, Glamping and Treasure Hunts.

All Team Building ideas will of course be subject to budget and time expectations of the company and can be done quickly on site with a limited budget as well as being held offsite for several days for a larger scale spend.

Staff Incentive Day

A Staff Incentive Day is thought to be an essential part of any business to encourage staff and employees in their roles.

Employees are an intangible asset to any company on the balance sheet, you cannot underestimate the value of good staff and what that means to the bottom line and profitability of your business.

Businesses need to be competitive when hiring staff to ensure so that they can recruit and retain the most qualified and experienced staff for the future success of their business. 

Keeping employees happy with benefits should be extended to other incentives throughout their employment and staff incentive days are a way of saying thank you to staff for either achieving a common business goal or just because you want to be nice.

Staff Incentive days should be about rewards so need to be distinguished from a team building day and this is where the business can lavish attention on their staff by giving or doing something for them such as organising a Social Outing or providing treats such as Food and Drinks on a regular basis.

Incentives do not need to cost a fortune even the smallest of ideas would be appreciated and the benefits felt wide within the workforce.