a Defining sport organization:
-a social entity in the sports industry; it is goal-directed, with a consciously structured activity system and a relatively identifiable boundary. *social entity: group of people *goal-directed focus: to make money *consciously structured activity system: know your objectives; know what your job is *identifiable boundary: can tell who is and isn't a part of the organization
Decision Making Process:
1. Define the goals, frame the problem 2. Gather information need to find quality information Mgmt By Walking Around 3. Generate alternative creativity is key, brainstorming 4. Evaluate alternatives quantitative, qualitative analysis 5. Select the optimal alternative rationally 6. Implement the decision and monitor effectiveness
Strategic Management
-Understanding the mission of the organization (the what, how, and who) -Anticipating and recognizing change in the environment outside the organization -Developing strategies for positioning the organization to compete in the changing environment 1. Develop mission and specific strategic goals 2. Analyze the environment 3. Formulate strategy 4. Implement strategy 5. Strategic control -General environment: economic, global, technological, social, political/legal -Task environment: regulators, competition, suppliers, and customers -SWOT analysis: strengths, weaknesses, opportunities, threats Corporate level strategy: what business are we in? Growth strategies (mergers and acquisitions) stability strategies (neutral and harvesting), (retrenchment) defensive Business level strategy: differentiation: competitive advantage by providing something different. Unique product, exceptional service, new technologies -cost leader competitive advantage by price lowest and best product for the price -focus competitive advantage by serving needs of a specific market... geographic/age/gender Functional level strategy: strategies developed at each level of the organization's functioning areas -Implementing strategy: process of determining how the corporate/ business level strategy will be put into action -Strategic control: continuous monitoring of organization's progress toward long-range goals and mission... on-going evaluation of organization's strategy -Strategy scorecard: used as a way to review and control performance... sets target scores for 4 diff areas of organization: financial, customers, operations, human resources
Organizational Design
-Need to know where you are going and how you are going to get there before you can design a structure to take you there.... Form will always follow function 1. Common goal provide sense of direction, provide target to aim for 2. Division of work work necessary to achieve organization's mission, strategic and operational goals must be divided up in the most productive way possible 3. Coordination of effort work being done within each unit or department must be coordinated, communication is key 4. Authority structure must have chain of command to define goals, divide the work and require coordination