In light of the recent economic turmoil, venues are turning from hiring out rooms for private parties to approaching businesses interested in holding corporate events. It seems there is more justification for having a fun day out teambuilding than having an evening holding a lavish party. We take a look at the types of corporate events on offer to see if it is possible to still throw a good old fashioned party to get ahead in business.

One of the most popular corporate events for businesses is a team building day. Team building is used by companies to strengthen bonds between colleagues and to identify new skills that could be of benefit in the workplace. Team building days can be structured with set activities that are specifically aimed at identifying useful skills or they can be more sociable affairs.

Structured days may involve treasure hunts or specific tasks such as organising and delivering a fashion event. This type of corporate event allows each member of staff the chance to demonstrate their strengths, something that is not always possible in the workplace. It also gives an opportunity for colleagues to get to know each other on a deeper level, which in turn can enhance working relations and cooperation.

Structured team building events ultimately help a business run more efficiently as strengths and weaknesses are identified, which means that job roles can be adjusted to suit each person. It may also strengthen bonds within a team at work which will yield greater productivity. Alternatively, a more social corporate event could be organised which has the potential to reap similar rewards.

Businesses are expected to be able to demonstrate that they have corporate social responsibility, and as such corporate events can be organised to raise money for charity. Holding a themed charity event or a gala as part of a team building exercise has the potential to push the skills and abilities of each member of staff whilst encouraging networking and bonding.

The challenge of organising an event will give staff a chance to demonstrate skills that would otherwise go unnoticed in the workplace. It will also allow a network of bonds to be created across disciplines, something that is hard to achieve whilst working. The actual event will bring with it a chance to network with other industry professionals and even meet potential clients. Ultimately, it will bring much needed visibility to a company through fundraising; and to keep afloat at this time is the most important aspect of staying successful.

Dom Donaldson is a business expert.
Find out more about Corporate Events and the team building packages on offer today from Accolade Corporate Events.

This entry was posted on Saturday, July 18th, 2009 at 9:39 pm and is filed under Team Building. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.