Add to the mix the explosion of technological advances like artificial intelligence, bots replacing human intervention, and blockchain technology that creates more direct financial relationships by-passing third-party interventions, and how all of it is changing the way businesses and business relationships operate.
On top of all that, there are also more external demands on your current role, including the need for Duty of Care risk management planning for all events (not just global events) and data privacy requirements as a result of the General Data Protection Regulation, which went into effect May 25.
So how are you dealing with everything? Overwhelmed? Angry? Feeling helpless? All of the above? There’s a reason why event planning is consistently ranked as one of the top-five most stressful jobs, and what I just detailed contributes to it.
So, what do I advise my friends in the industry when they are having anxiety attacks? Hopefully what I share here will help reduce your stress levels. First thing is to focus on what you can control, not what you cannot. For example, commission cuts were a carefully deliberated business decision made by hospitality conglomerates, and it’s highly unlikely they’re coming back. This change is beyond your control
In summary, be pro-active, and focus on yourself and the things you can control. Change management is a constant part of our professional and personal lives. Accept this fact and it will give you a renewed perspective that will, I hope, reduce your stress levels and anxiety. Help and resources are available, so use them!