Problem Solving Question :

The 2015 Armidale "A day on the Green" had to be cancelled due to a clash of dates, with other events already scheduled in the town, and invited performers unable to attend. Stakeholders such as the event host (Petersons Winery) and the local council (who provided funding) were left disappointed by the decision. The event had previously drawn close to 1 million in expenditure in the town, spread across accommodation providers, food and beverage outlets, taxi and tour charters, and many other local businesses.

1. How could the cancellation have been prevented?
2. How will this impact on the relationship with stakeholders if future events are scheduled?
3. What options do you think the stakeholders would have explored before making the decision to cancel the event?
4. Give a brief description of the following insurances and could any of them have been used to recover any losses at "A day on the Green"?

• Public Liability
• Professional Indemnity
• Theft
• Natural Disaster & Malicious Damage
• Business Interruption
• Workers Compensation