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What is Sports and Entertainment Management?. 1.1 Management Basics 1.2 Sports Management 1.3 Entertainment Management. By: Meghan Hatcher Georgia CTAE 2010. LESSON 1.1 MANAGEMENT BASICS. GOALS Define management and its four functions. Discuss the principles of business management.
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What is Sports and Entertainment Management? 1.1 Management Basics 1.2 Sports Management 1.3 Entertainment Management By: Meghan Hatcher Georgia CTAE 2010 CHAPTER 1
LESSON 1.1MANAGEMENT BASICS GOALS • Define management and its four functions. • Discuss the principles of business management. • List the steps in the decision-making process. CHAPTER 1
MANAGING SPORTS AND ENTERTAINMENT EVENTS • Management is the process of accomplishing the goals of an organization through the effective use of people and other resources. CHAPTER 1
FUNCTIONS OF MANAGEMENT • Planning • Deciding what needs to be done • Organizing • Accomplishing tasks and arranging resources • Implementing • Carrying out plans • Controlling • Evaluating results CHAPTER 1
THE BEST LAID PLANS Characteristics of host city for major event • Diverse culture • Large airport • Appropriate venue(s) • Reliable public transportation • Ample hotel rooms • Strong hospitality • Pleasant climate • Tight security CHAPTER 1
BUSINESS MANAGEMENT PRINCIPLES • Management responsibilities • Business information management • Financial management • Production management • Marketing management • Human resources management CHAPTER 1
Business Information Management Management Responsibilities Financial Management BUSINESS MANAGEMENT PRINCIPLES Production Management Marketing Management Human Resources Management CHAPTER 1
WHO IS RESPONSIBLE FOR WHAT? • Authority • Employee empowerment CHAPTER 1
MAKING THE TOUGH DECISIONS • Identify the problem • List possible solutions • Analyze possible solutions • Select the plan • Evaluate the plan CHAPTER 1
LESSON 1.2SPORTS MANAGEMENT GOALS • Discuss the management of championship series for college sports. • Explain the financial and social impact that professional sports have on host cities. CHAPTER 1
MANAGING SPORTS EVENTS EFFECTIVELY • Professional management staff • Safety and comfort • Attitude CHAPTER 1
MANAGEMENT OF COLLEGE CHAMPIONSHIPS • Select teams • Select host city or cities • Commit sponsors • Negotiate television packages • Sell tickets CHAPTER 1
MANAGING PROFESSIONAL SPORTS • “Build it or they will leave.” • Strong financial management • Taxes • Corporate sponsors • Luxury suites CHAPTER 1
LESSON 1.3ENTERTAINMENT MANAGEMENT GOALS • Explain the role of human resources management in community entertainment events. • Describe the challenges faces by state fairs. CHAPTER 1
LIMITED ONLY BY YOUR IMAGINATION • Human resource management • Community volunteers • Committees • Small town, big entertainment event • Comedy clubs CHAPTER 1
STRUGGLING STATE FAIRS • State’s showcase entertainment event • Competition from amusement parks • Strength of management CHAPTER 1