CASE STUDY

Case Study

Case Study

Introduction

The paper will assess the set of practices, programmers and narratives that have been utilized to Carnival and will draw from evaluative structures to get a comprehensive outlook of the influence of the Carnival Triple Bottom Line Approach. It examines the function, the alternative, and effectiveness of diverse stakeholder assemblies engaged in forming Notting Hill carnival Triple Bottom Line Approach and sketches from Hede's (2007) understanding of Stakeholder Theory as it pertains to exceptional happening management.

Triple Bottom Line approach in modern event management

Other aspects of modern management right management, and organizations that relate to ethics, we might add to the list. Ethics is a very wide area. You will see many different definitions and explanation of conception, and you should feel free to develop their own ideas about ethics in terms of meaning, composition, methods and consequences. The main distinctiveness that companies show when implementation triple bottom line are: accepting responsibility and being clear - probably the most powerful ideas embodied in the triple bottom line and primary to good governance, integrated planning and operations when a company contributions to economic prosperity, environmental quality and social welfare reflected in strategic planning and management systems, a commitment to stakeholder participation and multi-dimensional measurement and reporting. (Burke 2007 45)

Figure One: Carnival Stakeholders

Notting Hill Carnival

The Notting Hill carnival has habitually been identified for its embedded in the nationwide finances, and in 2007 it was approximated that Notting Hill carnival developed roughly $TT 1 billion in revenue. As glimpsed in Figure Two, the Notting Hill carnival finances can be split up into two discrete localities - the centre and the lesser finances, which both have overflows in the overseas Notting Hill carnival economy.

The centre finances draw from income from the key drivers of the part namely mass, and pot, melodies while the lesser finances encompass localities for example tourism and hospitality, transport and media. Within the centre finances a farther sub-division can be utilized that demarcates the more customary kind of Notting Hill carnival undertakings from the more commercially oriented activities.

 

Figure Two: Carnival Economics

 

Given these components, Notting Hill carnival was progressively utilized as a stage to explain some of the country's most pushing development difficulties including:

The increasing polarization of the homeland along ethnic, political and class lines.

The requirement to diversify the finances away from its groundwork in natural gas and oil.

The requirement to find a vehicle to advance emblem 'Trinidad & Tobago' in a progressively globalised world environment.

As such, the Trinidad Notting Hill carnival convoluted was employed as an answer to the country's bigger developmental difficulties and not as a unit of Triple Bottom Line Approach investigation in and of itself. (Dunn 2004 45)

 

Implementation of objectives

The NCC and the other organizations of support have employed three major schemes to exploit the intrinsic standards of Notting Hill carnival. Firstly, they market it internally as a springboard for nationwide harmony employing the 'all ah we is one' ...