Regional Business News
regarding the 2010 Olympics
in British Columbia, Canada
OlyBLOG is for businesses across Canada,
especially in Vancouver / Whistler and throughout B.C. We also
hope companies in Alberta and United States (i.e. Washington, Oregon,
Idaho, Montana and California) will find OlyBLOG interesting and informative.
Furlong Spittin' Feathers
might seem like I'm unfairly picking on VANOC
CEO John Furlong, but I'm not. I'd like nothing better than to tell
you he's doing a fine job representing big and small business alike, but
he is making it very hard to do so.
I heard him speak to a packed house at a Vancouver
Board of Trade luncheon on October 14, 2004 in the Grand Ballroom
at the Sheraton
Wall Centre and unfortunately, once again I was disappointed how he
presented the Olympic business model to our 2010 community.
The luncheon (which by the way was as always, well-organized by the VBoT
and impeccably hosted by the Sheraton Wall Centre) was supposed to bring
us up to speed regarding the exploratory trip Furlong and his executive
team took to Athens during the Games this summer. The tab to send the
VANOC executives to Greece was somewhere in the vicinity of $380,000,
so needless to say I was expecting to hear a balanced report. Instead
the best Furlong could muster was an insipid rah, rah, rah, sis boom bah
Furlong shared with us all the good and awe-inspiring experiences of his
trip to Athens, but he failed to fill us in on the downside of the event.
In fact, considering his position, he went way too far out of his way,
even so far as to be irresponsible, to sugar coat and downplay the economic
nightmare of Athens.
For example, he told us how easy it was for him and his team to move around
Athens, but what he didn't mention was that it was easy to get around
because the international crowds that Greece expected, never showed up.
It was an unmitigated disaster from the perspective of hotel and event
He also told us the first five days looked pretty sparse in the stands,
but it thankfully didn't take long for the Greeks to flock to the venues.
What he failed to mention was that the Greeks, in a panic, "papered"
the venues - they gave away and sold tickets at deep discounts. It's an
old trick entertainers have used for decades to save face.
Furlong implied that media blew things out of proportion - which in turn
negatively impacted the events. Oddly, it seems that local mainstream
media take no offense to his inference. Something stinks in paradise.
It's important to note that 'local media' only complained of Furlong's
performance a day after the article you're reading here was published
- two full days after the luncheon. Their initial report the day after
mentioned nothing of Furlong's misinformation, which leads me to believe
they were waiting to see if anyone noticed. In other words, they were
prepared to let it slide.
Furlong opened his speech by telling us that Athens was a great success.
He backed it up by telling us that they broke a record for the most television
viewers in all of Olympic history (4 billion viewers, beating out Sydney
in 2000 at 3.6 billion. World population is about 6.4 billion). It may
be good for BIG business television, but it doesn't do much to help struggling
Greek SMBs that couldn't fill hotel rooms, restaurants, retail shops or
resorts. Apparently the payoff is coming, unfortunately it could literally
take fifty years or more - i.e. Montreal.
Furlong implied a couple of times during his speech that media irresponsibly
blew things out of proportion. He made it sound like everything was fine
in Oz and that negatively on the part of media was the problem. Hardly
John, in fact if you take a close look at reportage you'll find that most
mainstream media went out of their way to smooth things over, which ironically
is just as bad.
Furlong's interpretation of success and my interpretation of success are
literally billions of dollars apart. What he also failed to share with
the VBoT luncheon crowd was that Greek taxpayers are on the hook for a
documented $8.6 billion US and maybe as much as $17 billion. No, you're
not reading it wrong - billions of dollars.
Montreal is still paying for the 1976 Olympic Games.
He didn't tell the crowd that either.
Rah Rah John. Do you have any news from Athens we can use?
If we are to produce a successful 2010 event it is imperative that we
have all the facts. It's insulting to the business community to be spoken
down to. We read the papers, and watch television, and listen to the radio.
Most of all we are online - at least the smart ones are.
Some of us know exactly what is going on. If John Furlong thinks he's
going to pull the wool over anyone's eyes he is mistaken. We are going
to call him on it every step of the way. Everyone in B.C. wants to share
in the success, but small and midsize businesses do not stand a chance
if we are going to be misled. We need the truth. We can handle the truth.
Tell it to us straight John. If you continue to be evasive and misleading
we're going to start thinking you're keeping something from us. It's not
a reputation you'll easily shake or a legacy you'll be proud of, so please
John, no more half truths.
It's all right to speak up when you see something wrong from your 40,000
foot perch. We won the bid. It's all right to challenge the IOC or honestly
critique cities that have gone before us and dropped the ball. We owe
them little and you owe us everything. Whose side are you on? Get your
priorities straight and we will 'ALL' come out winners. Spit the feathers
out of your mouth and come clean.
INTERNET VIEWERSHIP UP 230%
Internet viewership increased 230% in 4 years between Athens and Sydney.
Ironically, in every way the 2000 Sydney Games were more successful than
the Athens' financial nightmare, but still, Internet traffic increased
by 230%. Does this tell you anything? Can you imagine what will happen
by 2010? If 230% more people watched the Athens' Olympics online than
they did in Sydney it will be over the top by the time the Winter Games
hit British Columbia. It's already started, but unfortunately your company
probably isn't taking advantage of the increased visibility.
Just because you aren't representing your company accurately online doesn't
mean the rest of the world isn't looking. We live in a global community
and if there was ever a time for your company to start promoting itself
internationally and exporting products and services it is now.
Vancouverites are infamous for being a little lazy when it comes to hard
work and this unfortunate reputation is more than reflected in bad looking
and poorly designed websites. The paradox here is that we have incredible
products to offer the rest of Canada and the world, but we are either
too lazy or just plain don't know how to promote ourselves properly. Why
should we? We've been a 'have-not' province for so long we haven't had
any reason to learn how to do it properly.
The window of opportunity is small, but it is already flung wide open.
If your web presence doesn't accurately reflect the high quality of your
products and services you are undermining the strength of your company.
Don't wait, get on board and get in the Games.
SPORTS TEAM OWNERS BLOG
Dallas Mavericks owner Mark Cuban says he started his
BLOG "because I was tired of giving in-depth responses to a media
question only to have the result be what the reporter or columnist intended
to write and I was just fodder to help them make their point. With the
BLOG, I can present my position on a topic in its entirety and not have
to worry about how they condense a two-hour conversation into 500 words."
If managers of professional sports teams think it's important to establish
a strong internet presence why shouldn't you too. They do it because it's
relatively cheap and easy. They know they can bypass all the other expensive
forms of promotion and counter misinformation spread by mainstream media.
They love the power and direct access it gives them to fans and customers.
Small and midsize businesses can also take advantage of the internet and
develop promotional strategies that place and keep their companies front
and center. It's not hard to learn how to use mainstream advertising to
leverage your internet presence. One feeds off the other, but if you don't
make plans to do it, it won't happen by itself. Just do it.
CHRIS SHAW WANTS TO GIVE THE GAMES BACK!
Not so fast Chris. Sending the Games back to the IOC like Denver did in
the 70's isn't an option. Granted, VANOC is already starting to backpedal
regarding costs and obligations, but if small and midsize businesses get
a little creative they can more than make up for IOC or VANOC shortcomings
Don't bail on B.C. so quickly Chris because without doubt small and midsize
businesses have more power over the big box machine of the Olympics than
they have ever had in the past. One indication is that 230% more people
watched the Athens Games in 2004 than they did the Sydney Games in 2000.
Sports fans went online in huge numbers to watch the Olympics and you
can bet if they are interested in watching the sporting events they are
also eating up everything else related to Olympic regions, including tourism
The greatest benefit of hosting the Olympic Games is being able to shine
a light on the region and show what they have to offer. By far everything
else pales in comparison, including winning gold medals. All of a sudden
your region is on the map and everyone, including companies from around
the world looking for new products or services have an opportunity to
discover you exist. It doesn't get better than this 'once-in-a-lifetime'
It's time to put away the hiking shoes, skis and kayak for a while, or
at least curtail your leisure activities a bit and put more effort into
your business. Get while the gettins' good. If you can optimize and make
the next few years leading up to the Olympics work for you you can retire
by the time the Games arrive and then spend all your time in the mountains
or on the ocean in Lotus Land paradise. Utopia will never be so good.
*Ed. Note: We invested over three years and a six-figure budget researching
Olympic organization relationships with sponsors, contractors, suppliers,
partners, etc. The results surprised us too -- mouseover below
Have a comment?
Learn more about the challenges small
businesses face. Leverage
Olympic organizations are
BIG BUSINESS MACHINES that attract corporations like Kodak,
CocaCola, McDonald's, Wal*Mart, etc. Consequently, VANOC (Vancouver
Organizing Committee) will be stretched thin trying to also develop ways
to assist small and midsize businesses leverage Olympic momentum. Surprisingly,
many people don't realize the event can also be lucrative for smaller
businesses including agriculture, manufacturers, entertainment, technology,
retail & obviously tourism, even when they don't have products
or services that appeal to Olympic fans or serve a direct Olympic need.
The information we share here is invaluable in helping
small and midsize businesses leverage Olympic momentum.
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2010 News Updates
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Impact on Community