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In the $750 billion sports industry, is winning on-the-field the only success driver that matters for a sports business off-the-field? Today, the high-performance sports business is more complex than ever before and is presenting new challenges to the industry at all levels. Sports organizations are fighting hard for the money and engagement of fans, media, sponsors, and employees while facing unprecedented competition both domestically and internationally. The cost of doing business continues to rise, while traditional revenue streams are under increased pressure.In The Sports Strategist: Developing Leaders for a High-Performance Industry, authors Irving Rein, Ben Shields, and Adam Grossman demonstrate that relying too much on winning is a losing long-term strategy for dealing with these challenges. Instead, they argue that sports strategists must focus on building and growing sustainable long-term businesses without depending too much on winning. Their approach centers on identifying and maximizing key factors in sports organizations that, unlike winning, can be controlled and shaped.Blending extensive industry experience and real-world case studies with their academic expertise, the authors arm readers with the combination of the necessary tools to help them make better strategic decisions. Everyone from industry veterans to aspirational managers will learn how to design identities, reinvigorate venue experiences, manage narratives, and maximize new technology in today's connected world. In addition, readers will explore how to implement business analytics, build public support, and apply ethics in decision-making. These techniques are vital to creating a successful sports organization that is ready to reap the benefits of winning when it does happen, without having to suffer when it does not.The demand for innovative leaders who can address these issues and make tough decisions on which challenges to prioritize has never been greater.
Can sports organizations achieve long-term financial and operational success without relying exclusively on on-field performance? The authors, drawing on their combined academic and industry expertise, argue that a singular focus on winning is a volatile and unsustainable business model. They propose a strategic framework that shifts organizational focus toward controllable variables, such as brand identity, fan engagement, and data-driven decision-making, to ensure stability regardless of game outcomes.
What You Will Find
Industry professionals and academics frequently cite this work as a practical manual for navigating the complexities of the modern sports economy. Experts highlight the authors' ability to bridge the gap between theoretical business strategy and the specific, high-pressure demands of the sports industry.
Page Count:
288
Publication Date:
2014-09-15
Publisher:
Oxford University Press
ISBN-10:
0199343837
ISBN-13:
9780199343836