KRLS 105 - Introduction to Management

KRLS 105 - Introduction to Management: Sport, Physical Activity, and Recreation

• Practicum Options: Students can choose between a ticket sales practicum for the Edmonton Oil Kings, a practicum with Marty Nedjelski at the Centre for Recreation Research, or a term paper focusing on defining sport and leisure management.
• Sport Industry Value: The global sport industry is estimated to be worth $620 billion.
• Sport Industry Segments: The industry includes both public (federal, provincial, regional, and local non-profit organizations) and commercial (professional, commercial sports, sporting goods, media, and corporations) organizations.
• Sport Management Task Clusters: Refer to Slide 12 for a detailed description of task clusters in sport management.
• Sport Management Competencies: Critical thinking skills are essential for success in sport management.
• Critical Thinking Defined: Requires asking relevant and critical questions, rather than simply thinking, negative thinking, or creative thinking.
• Critical Thinking Questions:
  • Identify the main problems and conclusions in any situation.
  • Understand the reasoning behind decisions or events.
  • Identify terms like "performance," "code," or "injury" that could be unclear.
  • Uncover the underlying conflicts and assumptions influencing decisions.
  • Consider assumptions about what might happen.
  • Look for flawed reasoning in arguments or decisions.
  • Evaluate the quality of the supporting evidence.
  • Identify any missing information that could affect the outcome.
• Future Challenges and Opportunities:
  • The impact of COVID-19 on sports events, management, and access.
  • The increasing role of technology in making sports more accessible.
  • Ensuring organizations uphold ethical standards and engage in social responsibility.
• Types of Sport Organizations: Include public (government-based), non-profit (not government-controlled, focus on objectives without profit), and commercial (operate for profit) organizations.
• Organizational Environment: Composed of the general environment (factors like interest rates, oil prices, the economy, and technology that affect sports organizations) and the specific environment (stakeholders internal and external to organizations, including consumers, suppliers, and competition).
• Evaluating Organizational Effectiveness: Reward allocation is a significant factor influencing organizational culture.
• Changing Culture:
  • Cultural change is challenging and can be either incremental or sudden.
  • Three tests for cultural change:
    • Intrinsic motivation: Employees are motivated by the new culture, not external pressures.
    • Behavior alignment: Employees naturally act according to the new culture.
    • Breaking old norms: Employees act against old norms to support new cultural values.

Nature and Emergence of Professional Sport

• Professional Sport's Powerful Role in Society: Professional sports significantly influence social, cultural, and economic aspects of society.
• Three Key Principles of the Industry:
  • Labor: The athletes who provide the talent.
  • Management: Team owners, executives, and managers who run the organizations.
  • Governance: The bodies that regulate and control the operations of professional sports.
• Historical Developments:
  • Early professional sports were marked by boosters (people promoting the sport) and ringers (highly skilled individuals seeking to improve team performance).
  • The concept of "shamateur" refers to athletes who were paid while maintaining the appearance of being amateurs.
• Territorial Rights: Teams have exclusive control over specific geographic areas to reduce competition within their league.
• Intra-League Competition: The practice of violating territorial rights to reduce competition within a league.

Labor-Management Relations

• Antitrust and Labor Exemptions: Professional sports are governed by unique legal frameworks that impact competition and labor.
• Collective Bargaining: Negotiations between players and management to determine working conditions, salaries, and other aspects of employment.
• Competitive Labor Market: Players seek more freedom in choosing teams, leading to free agency and player drafts.
• Free Agency: Players negotiate with any team after their contract ends.
• Player Draft: Teams select new players from a pool of eligible athletes, with the worst teams getting the best picks.
• Restrictions on Management:
  • Salary Cap: Limits on how much teams can spend on player salaries.
  • Luxury Tax: Teams that exceed the salary cap pay additional penalties.

Role of Electronic and New Media

• Importance of Television: TV is crucial for professional sports, increasing visibility and generating revenue.
• Sport/Media Complex: The relationship between sports and media is symbiotic, with each benefiting from the other.
• Emerging Media: Digital platforms and social media are becoming new sources for expanding the reach of professional sports.

Revenue Sources for Professional Sports Teams

• Media Contracts: Deals with TV networks and digital platforms provide a significant portion of team income.
• Gate Receipts: Revenue from ticket sales at games.
• Licensing and Merchandising: Profits from the sale of team-branded merchandise and licensing deals.
• Sponsorship: Companies pay for partnerships, brand visibility, and endorsements.
• Public Subsidies for Facilities: Governments often contribute to the construction or renovation of sports stadiums and arenas.

Future Challenges and Opportunities in Professional Sports

• Maintaining Labor-Management Harmony: Ensuring peaceful and productive relations between players end management.
• Developing New Revenue Streams: Innovation in generating income beyond traditional sources.
• Meeting Technology Challenges: The rise of new technologies presents both opportunities and challenges for professional sports.
• Managing Globalization: Adapting to global markets and fans.

This quiz covers key concepts from KRLS 105, focusing on sport, physical activity, and recreation management. Students will explore practicum options, the value of the sport industry, and essential competencies needed for success in this field. Test your understanding of sport management principles and critical thinking skills.