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The Economics
of Production


         Gary Vlk
  Bethany Johnson
Please choose the
    answer on screen
  that best describes
your experience with
   event production.
Goals
Goals

Today’s Webinar
  Ensure you get the most out of your
  production dollars
  Do more with less
  Discover major cost drivers in event
  production
  Identify where savings occur and costs
  increase
  Learn how to choose a production
  partner
Major Cost
Drivers in Event
    Production
Major Cost Drivers

Labor
 Room access (load-in/out)
 Union requirements
  •   Pay grades
  •   Jurisdictions
  •   Straight time
  •   Overtime
  •   Meal penalties
  •   Short turn: < 8 continuous hours “off the clock”
  •   Days of week and holidays
  •   Steward
Major Cost Drivers

Staging and Equipment
  Major areas
  •   Lighting
  •   Audio
  •   Video
  •   Scenic
  •   Rigging
  •   Power
  Latest technology
  Back-up strategy/redundancy
Major Cost Drivers

Content and Program Needs
  Content development
  • Media (music, video, graphics)
  • Scripting/teleprompter
  • Creative/interactive elements (talent/entertainment,
    audience response system)
  Special needs of program
  •   Broadcast (webcast or simulcast)
  •   Green rooms/make-up
  •   Rehearsal or offline rooms
  •   Data networking and Internet requirements
  •   Documentation (is video footage needed for later?)
What aspect of
production has been
    most difficult to
           manage?
What makes
   production
costs increase?

    Where can
savings occur?
Cost Increases

Logistics
                                      and Savings



  Session times
  Access times
  Extending sessions (pre-planned change) or
  diverting from schedule (on-site change)
  Maximizing use of room
  Power, Internet and rigging
Cost Increases

Content and Process
                                                      and Savings



  Strategy alignment and message
  development
  • Scripting and PowerPoint
        Last minute changes
        Adhering to deadlines
        Adding teleprompter/scripting or changing format last
        minute
  • Investment for 3rd party consultation
  Rehearsals
  •   Presentations prepared
  •   Offline room
  •   Presenters ready at appropriate times
  •   Executives’ expectations of schedule
Cost Increases

Program Technical Needs
                                             and Savings



  Audio needs related to creative elements
  • Music
  • Voice overs
  • Talent (technical rider, rehearsals)
  Video
  •   Formats
  •   Approvals for pre-produced material
  •   Post-show needs
  •   Relationship with lighting
Cost Increases

Last Minute Changes
                                        and Savings



  Stage set affecting other departments (pre-
  production)
  Extending rehearsal time
  Changes to show schedule
  Quantity of presenters
  Changes to order of program that require
  additional technical rehearsals
What Do I
Really Need?
What Do I Really Need?
  People need to see and hear
  • Audio system appropriate for room/audience
  • Sufficient lighting
  • Video equipment based on room size and program
  Simple stage, but proportionate to audience
  size and show elements
  ClearComm (headsets) for crew
  Crew positions
  • Stage manager, technical director, audio engineer,
    lighting director, video director, graphic operator
    (if applicable)
How Do I Avoid
   Post-Show
      Budget
   Surprises?
Avoiding Post-Show

Where to Begin
                                        Budget Surprises



  Qualify expectations and set goals
  • Stakeholders
      Audience
      Executives
      Executive sponsor
  • Know, Feel, Do
  Manage perception of dollars spent
Avoiding Post-Show

Where to Begin
                                                 Budget Surprises



  Understand your internal culture
  •   Ability to make deadlines
  •   Approval processes
  •   Schedules
  •   Internal marketing/branding initiatives
Avoiding Post-Show

Where to Begin
                                          Budget Surprises



  Develop event architecture early
  Design general session agenda
  Conduct site selection
  • Consider architecture when selecting venues
  • Consult production company early
  • Check venue accessibility
Avoiding Post-Show

Communication
                                           Budget Surprises



 Communication with venue and production
 provider
  • Communicate repercussions of every change
  • Document everything!
 Parameters
  • Detail the parameters set
  • Keep record of your labor/production schedule
 Request regular updates to investment
 (during pre-production and on-site)
Working with
 Production
  Companies
When is the Timing Right for a                 Partnerships

Production Partner?
  Bandwidth
   • Quantity or timing of event exceeds internal
     resources
  Production expertise
  Introduction of fresh, creative ideas
  Discovering new resources
   • Talent, creative elements, technical needs,
     teambuilding, interactivity, broadcasting
Forming a Successful                       Partnerships

Production Partnership
  Choose a trusted partner
  • Fits your culture
  • Matches your communication style & expectations
  • Highly recommended
  Bring them in as early as possible
  Ask questions when you don’t understand
  • Continue expanding your production knowledge
Follow-up

  Follow-up survey
  A copy of the webinar slides and a link to
  the audio file will be sent
  Future Webinars
  Email topic ideas to
  bjohnson@onesmoothstone.com
The Economics
of Production


         Gary Vlk
  Bethany Johnson

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One Smooth Stone Economics Of Production

  • 1. The Economics of Production Gary Vlk Bethany Johnson
  • 2. Please choose the answer on screen that best describes your experience with event production.
  • 4. Goals Today’s Webinar Ensure you get the most out of your production dollars Do more with less Discover major cost drivers in event production Identify where savings occur and costs increase Learn how to choose a production partner
  • 5. Major Cost Drivers in Event Production
  • 6. Major Cost Drivers Labor Room access (load-in/out) Union requirements • Pay grades • Jurisdictions • Straight time • Overtime • Meal penalties • Short turn: < 8 continuous hours “off the clock” • Days of week and holidays • Steward
  • 7. Major Cost Drivers Staging and Equipment Major areas • Lighting • Audio • Video • Scenic • Rigging • Power Latest technology Back-up strategy/redundancy
  • 8. Major Cost Drivers Content and Program Needs Content development • Media (music, video, graphics) • Scripting/teleprompter • Creative/interactive elements (talent/entertainment, audience response system) Special needs of program • Broadcast (webcast or simulcast) • Green rooms/make-up • Rehearsal or offline rooms • Data networking and Internet requirements • Documentation (is video footage needed for later?)
  • 9. What aspect of production has been most difficult to manage?
  • 10. What makes production costs increase? Where can savings occur?
  • 11. Cost Increases Logistics and Savings Session times Access times Extending sessions (pre-planned change) or diverting from schedule (on-site change) Maximizing use of room Power, Internet and rigging
  • 12. Cost Increases Content and Process and Savings Strategy alignment and message development • Scripting and PowerPoint Last minute changes Adhering to deadlines Adding teleprompter/scripting or changing format last minute • Investment for 3rd party consultation Rehearsals • Presentations prepared • Offline room • Presenters ready at appropriate times • Executives’ expectations of schedule
  • 13. Cost Increases Program Technical Needs and Savings Audio needs related to creative elements • Music • Voice overs • Talent (technical rider, rehearsals) Video • Formats • Approvals for pre-produced material • Post-show needs • Relationship with lighting
  • 14. Cost Increases Last Minute Changes and Savings Stage set affecting other departments (pre- production) Extending rehearsal time Changes to show schedule Quantity of presenters Changes to order of program that require additional technical rehearsals
  • 16. What Do I Really Need? People need to see and hear • Audio system appropriate for room/audience • Sufficient lighting • Video equipment based on room size and program Simple stage, but proportionate to audience size and show elements ClearComm (headsets) for crew Crew positions • Stage manager, technical director, audio engineer, lighting director, video director, graphic operator (if applicable)
  • 17.
  • 18. How Do I Avoid Post-Show Budget Surprises?
  • 19. Avoiding Post-Show Where to Begin Budget Surprises Qualify expectations and set goals • Stakeholders Audience Executives Executive sponsor • Know, Feel, Do Manage perception of dollars spent
  • 20. Avoiding Post-Show Where to Begin Budget Surprises Understand your internal culture • Ability to make deadlines • Approval processes • Schedules • Internal marketing/branding initiatives
  • 21. Avoiding Post-Show Where to Begin Budget Surprises Develop event architecture early Design general session agenda Conduct site selection • Consider architecture when selecting venues • Consult production company early • Check venue accessibility
  • 22. Avoiding Post-Show Communication Budget Surprises Communication with venue and production provider • Communicate repercussions of every change • Document everything! Parameters • Detail the parameters set • Keep record of your labor/production schedule Request regular updates to investment (during pre-production and on-site)
  • 24. When is the Timing Right for a Partnerships Production Partner? Bandwidth • Quantity or timing of event exceeds internal resources Production expertise Introduction of fresh, creative ideas Discovering new resources • Talent, creative elements, technical needs, teambuilding, interactivity, broadcasting
  • 25. Forming a Successful Partnerships Production Partnership Choose a trusted partner • Fits your culture • Matches your communication style & expectations • Highly recommended Bring them in as early as possible Ask questions when you don’t understand • Continue expanding your production knowledge
  • 26.
  • 27. Follow-up Follow-up survey A copy of the webinar slides and a link to the audio file will be sent Future Webinars Email topic ideas to bjohnson@onesmoothstone.com
  • 28. The Economics of Production Gary Vlk Bethany Johnson