Nyree McKenzie CF APMP’s Post

Exciting Tender Opportunity: UK Sport is launching a ground breaking pilot project as part of the System Master Planning programme (bit.ly/3ZbvsA3), for the British Olympic and Paralympic sporting system. This initiative aims to build common digital and data foundations across National Governing Bodies (NGBs) to enhance collaboration and efficiency. View Tender: bit.ly/40ZfJFw The pilot project and ITT is the first delivery step towards the vision of digital transformation across the UK sporting system. This pilot project is about proving benefits can be delivered, and that NGBs can collaborate to achieve them. The objective of the pilot is therefore to test the following hypotheses: 1. Data and digital investments can deliver business value 2. Collaborating across NGBs accelerates digital transformation 3. Data and digital ‘components’ can be efficiently and effectively reused or centralised across NGBs Submit your proposals by 19th December 2024. For more details, visit our website or contact Lewis Evans, System Master Planning Manager at UK Sport. UK Sport currently has three live tender opportunities, find out more: bit.ly/40ZfJFw #DigitalTransformation #DataInnovation #UKSport #Olympics #Paralympics #Collaboration

𝐏𝐚𝐫𝐢𝐬 𝐎𝐥𝐲𝐦𝐩𝐢𝐜𝐬 𝟐𝟎𝟐𝟒, a $12 Billion Economic Boost? With 10,500 athletes participating across 32 sports in 329 events over just 16 days, had some challenging twists on global supply chains. Given the sheer scale of the Olympic Games, will the economic benefits outweigh the investments for France and the International Olympic Committee – IOC ? How can businesses cope with the strain on supply chain networks and What does this mean for global supply chains? 👉 Let’s find out: https://bit.ly/3WGJQ0Q #ParisOlympics #Paris2024 #SportsSupplyChain #SupplychainFinance

Last week, Prow Kirk, Business Development Manager at BAI, attended a major industry event hosted by the IAQ (Infrastructure Association of Queensland Inc), where discussions centred around the upcoming Brisbane 2032 Olympic Games. Here are her key takeaways: • Planning for the future: Graham Fraine, Director-General of the Department of State Development and Infrastructure, emphasised the importance of planning not just for the 2032 Games but for the city's future beyond. He highlighted the latest recommendations from the 60-day review into sporting venues, stressing affordability, purpose, deliverability, and community legacy. • Inclusion and accessibility: Catherine Clarke, CEO of Paralympics Australia underscored the significance of planning the games with inclusivity in mind. She spoke passionately about providing opportunities and facilities for para-athletes and ensuring that venues, infrastructure, and transportation are connected and accessible to all. • Government action: The government has accepted most of the review's recommendations, with plans for venue upgrades and new infrastructure developments. Transport infrastructure is also being planned to accommodate the needs of the games and beyond. The panel discussion, featuring key stakeholders including Graham, Catherine, and Scott Smith, CEO of the Council of Mayors, covered various topics such as venue planning, transportation, sustainability, and leveraging learnings from past Olympics. As Australia prepares for Brisbane 2032, it's clear that collaboration and forward-thinking need to include connectivity infrastructure as an essential cornerstone to ensuring the success of the games and leaving a lasting legacy for the community. This means that connectivity needs to be a consideration right from the planning stage to optimise its benefits across all areas. Find out more: https://lnkd.in/gSM8h4wU Photo: Catherine Caruana-McManus, Director of Meshed, with Prow Kirk #Brisbane2032 #ConnectingCommunities #AdvancingConnectivity #ConnectedVenue

If you were to produce an Opening Ceremony for your negotiations, what would it be? Let’s take a few cues from the Olympic organizers on how to create an Opening Ceremony and go for the gold at the negotiating table. #openingceremony #2024olympics #negotiating

Paris is set to break even on the 2024 Olympics after spending $9.7+ billion. The first city to do so since LA, back in 1984. Following huge economic losses for host cities, the International Olympic Committee (IOC) is now prioritising bids that utilise existing infrastructure. London blew $15 billion in 2012, $20 billion for Rio in 2016 and Tokyo racked up a huge $28 billion, which only brought in $5.8 billion in revenue. Every single games since 1960 has had cost overruns, on average, spending 2.5x budget. As you can imagine, the bids to host the Olympics was on the decline. 2004 - 11 bids 2008 - 10 bids 2012 - 9 bids 2016 - 4 bids 2020 - 3 bids 2024 - 2 bids The IOC had to change the bidding process. Now, instead of a public bid, with the largest bidder winning the Olympics, it's a private bid with a greater emphasis on efficiency. It's no surprise that there is a lot of resistance to Brisbane hosting. Even if it does breakeven, there will be tons of expensive infrastructure to maintain. Just look at Sydney Olympic Park - it's barely used. I think the solution is to have the same city hosting the Games every four years. When the modern Olympics were created in 1896, we didn’t have international communications and jet travel. So in order to have the world participate in and enjoy the Olympics, you had to move it around. We don’t have to do that anymore. Thoughts?

Do you consider yourself to be an expert supplier into the sports events market? If so, which one of these is your experience: a. Most events run well with little wasted investment due to sound procurement and adequate engagement with the buyer. or b. Why is it I see the same mistakes being made for single or multi-sports events leading to unnecessary cost and schedule risk? or c. Somewhere in between as that is the way the events industry works! But what, if anything, can be done to ensure we continue to make event hosting more attractive to potential host cities. How much is core cost or not leveraging what is already being spent? What needs to change or be better understood? With 60 International Federations involved in the Lausanne Hosts Federations Summit, plus Cities/LOCs and multi-sector delivery experts, what shared learning can you offer to inform this debate? Let us know what you think or will you be with us to be seen and heard during 17th to 20th June. https://lnkd.in/gCBzWqg8 #HFS2024 #FHS2024 #sportbusiness #majorevents

Paris Olympics: A Budgetary Masterclass The Paris Olympics is turning heads, but not just for the athletic feats!🏆 It's remarkable how this event has managed to stay remarkably close to its initial budget. In an era where mega-projects often spiral out of control, this is a testament to exceptional financial planning and execution. S&P Global Ratings estimates that spending for the 2024 Summer Olympics in Paris will not exceed $10 billion, or roughly deviate by 25% from the original budget. The research noted that, in comparison, the 2020 Games in Tokyo and the 2016 Games in Rio de Janeiro had budgets that were over 350% and 280%, respectively, overrun. Who says big events can't be managed responsibly? Paris 2024 is proving that with the right strategies, it's possible to deliver a world-class event without breaking the bank. #ParisOlympics #Budgeting #SportsBusiness #Paris2024

So what can we learn for Paris Olympics medal count? 🥇 ...🌍𝐒𝐩𝐞𝐜𝐢𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧: In the world of finance, we often discuss the benefits of 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐞𝐬 𝐨𝐟 𝐬𝐜𝐚𝐥𝐞—how larger operations can reduce costs and improve efficiency. But when we apply this concept to Olympic success, an interesting trend emerges: sometimes, smaller is better. Take a look at countries like Uzbekistan and Kenya, These nations may have modest GDPs and populations, but they punched above their weight in the Olympic Games. Their secret? Specialization. By focusing their limited resources on niche sports where they have a competitive advantage, they achieve remarkable "ROI". Mid-sized nations, such as New Zealand and Hungary, offer a compelling counterpoint. They balance specialization with diversity, leveraging economies of scope to excel across various sports. Their ability to diversify while still maintaining focus allows them to achieve high medal counts with efficiency. So, what can businesses learn from this? In a world where bigger often seems better, specialization—focusing on your strengths—can deliver superior ROI. And for those who can, diversifying strategically allows you to benefit from both scale and scope. Efficiency isn’t always just about size; it’s about smart allocation, focus, and knowing where we can make the biggest impact. data source for medals count ,population and GDP: https://lnkd.in/gJx6XVFf

A question of sport: when sellecting the next hosts, does anyone in Zurich revisit the ambitious bid books that came out before the FIFA World Cups of 2014, 2018 and 2022? How many of the fantastic pledges and legacy-based promises made in those gov’t funded brochures are currently evident to those living in Brazil, Russia and Qatar? Have any lessons been learned? These will be the questions of sport that i put to my Auckland University of Technology Advanced Sport Event Management students next week. Could you answer them? https://lnkd.in/gkntgH-U

The Paris Olympics isn’t just about sports; it’s the art of strategy and planning! In business, we must be just as prepared to reach our goals. I’m here for strategic consultancy and business planning. 👉 You can reach out to me via LinkedIn/ https://lnkd.in/dKR6muas Profile. #ParisOlympics #StrategicPlanning #AchieveSuccess #BusinessWorld