Situation–Reaction (Leadership & Events)\nYou are a team leader scheduled to host a convention on Human Resources (HR) issues. Your team has not been able to secure adequate sponsorship in time. What is the most appropriate course of action as the responsible leader?

Introduction / Context:
Event leadership often requires balancing stakeholder expectations with realistic constraints. When sponsorship falls short, the leader must protect brand reputation, employee morale, and attendee experience.

Given Data / Assumptions:

• Convention is important but underfunded.
• Team attempted sponsorship but needs more time.
• Quality and commitments to partners matter.

Concept / Approach:
Good governance favors feasibility, transparency, and risk mitigation over heroics. A structured postponement with a revised plan maintains integrity and enables proper fundraising.

Step-by-Step Solution:

Verification / Alternative check:
Investing personal money is risky and unsustainable; proceeding without funds degrades experience; cancellation wastes prior effort. Postponement preserves value and trust.

Why Other Options Are Wrong:

Common Pitfalls:
Hiding shortfalls, last-minute vendor defaults, and scope cuts that damage brand experience.

Final Answer:
Postpone the event with a new timeline and support the team to close sponsors.