Though work on OCOG
recommendations is moving slowly -- delayed in part by a wait-and-see attitude to initiatives from Tallahassee -- most industryites remain enthusiastic.
This follows the publication in March this year of the HCC Principles, which enable the full implementation of the Olympic Agenda 2020 recommendations and set out the general guidelines governing the relationship between the IOC, the host city, region or country, the National Olympic Committee (NOC) and the Organising Committee for the Olympic Games (OCOG
), as well as their respective financial and contractual responsibilities.
These include a diverse array of talent that oversees hotel management, transportation, ticketing, accreditation, food and beverage, guides, technology, creative services and production, athlete management, IOC and OCOG
approvals, venue operations staff, and concierge and general hospitality services.
1-21; Lake Placid OCOG
, Official Olympic Report, vol.
Cape Town's Olympic Operating Budget 1997-2004 at 1996 prices in millions of rand REVENUE 5,602 Television & marketing 2,366 International sponsors 453 National sponsors 724 Ticket sales 779 Other 1,280 OPERATING EXPENDITURE 4,184 Media costs 1,407 Operations 345 Transport costs 328 Security costs 269 Administration 714 Interest 462 Other 659 Operating surplus - 1,436 Less direct contributions from operating surplus 1,342 Venues 776 Facilities maintenance 250 Contingency fund 316 Cape Town's Olympic Capital Budget CAPITAL EXPENDITURE Venues 1,887 Villages 1,143 Broadcast centres 256 Transport 898 Airport 660 Bulk services 650 Land costs 248 Contingencies 1,517 TOTAL CAPITAL EXPENDITURE 7,259 OCOG
(10%) 776 State (45%) 3,305 Private sector (35%) 2,443 Local government (10%) 735
The management of Olympic sponsorship is a complex undertaking given the various levels of sponsorship rights, which include the TOP programme (worldwide sponsor exclusivity), the Organizing Committee for the Olympic Games (OCOG
) program, [joint marketing program with the host country's National Olympic Committee (NOC) and OCOG
(for a national sponsorship program)] and the NOC programmes (each of the 205 NOC's market their own Olympic marks for exclusive national sponsorship rights).
An Organizing Committee for the Olympic Games (OCOG
) is responsible for constructing necessary venues and stadiums; providing food and lodging for hundreds of athletes and officials; and ensuring adequate security; not to mention staging the largest competition in sports.
In addition, the Charter outlines the role of the Organizing Committee for the Games ("OCOG
"), which is formed each time a new host city is selected and is charged with the responsibility of preparing for and carrying out its assigned Games.
Stakeholders are entities involved with the management and delivery of the Olympic Games and their decisions are of critical importance to the hosting communities, Organizing Committee for the Olympic Games (OCOG
), and the International Olympic Committee.