Establishing an appropriate and effective governance framework should be an event organiser’s first priority when designing an operating model for the delivery of an event.
Early investment in proper governance structures and processes will result in more effective decision making, risk management and outcomes.
Understanding the distinction between “governance” and “management and operations” is particularly important in the context of events:
- Governance (i.e. the Board) is responsible for determining the organisational purpose, vision, strategy and values – i.e. where the organisation is heading and how it will get there; whereas
- Management and operations is responsible for undertaking the activities required to achieve the goals and objectives set by the Board.
As investors in the events sector, central government consider it critical that the most appropriate governance model is put in place by the event organisers as early as possible in the planning process.
New Zealand Major Events commissioned an independent major events governance best practice guide. These guidelines provide event organisers with a resource to inform decisions around appropriate governance frameworks and structures for their event.
It is central government’s expectation that applicants to the Major Events Development Fund will have considered this document when looking to form event delivery organisations and structures. Events receiving investment from the Major Events Development Fund will be contractually required to demonstrate best practice governance disciplines and processes have been, and will continue to be, followed.
New Zealand Major Events has also commissioned a series of standalone templates and case examples that are designed to offer assistance when planning or implementing governance and management processes. The templates are designed to be used in association with the other governance and management reference materials contained in this module.