Human Resource Management:

Options for Dealing With Issues

The Vancouver Olympics of 2010 created a deficit for the province of Vancouver. With an initial

budget of $1.2 billion for the games, it did not seem to be creating much of a problem; what goes with

the games is the catch. When hosting the Olympics, the city is responsible for several activities which

must be upheld by the host city; some of these include the "removal" of homeless from the streets,

relocating homeless shelters, hiring extra city maintenance workers to bring the city to Olympic

standards, and provide funding to do all this. As a result of winning the bid for the Olympics, Vancouver

was forced to cut funding for other sectors such as education, health and ironically athletics (however,

after the games ended, funding towards athletics was increased to higher then what it was prior to the

games). For the actual cost of the games, I have consulted respected websites, but received varying

answers; from what I have found, the games cost Vancouver between $3 to $7 billion. In total, the

revenue for the 2010 games was an estimated $1.35 billion, not funding from sponsors, the Canadian

government, or the IOC. One of the most beneficial aspects to hosting the games was the construction

of new highways connecting whistler and Vancouver. With the old highway being notorious for

accidents/deaths, this new highway proved to be beneficial not only to athletes but for residence of

Vancouver. With the construction of this new highway, it gives the provincial government an option to

tax the highway seeing as how there is another route to get from Vancouver City to Whistler. I

personally believe that the hosting the Olympics is not the best economic decision for a Country, state

or province.

Funding which was directed towards the Olympics could have served a much better purpose for

the Provincial Government of British Columbia. An increase in funding towards...