Sports Hosting and Management Industry
Sports hosting and management industry is a very competitive sector that goals at sports-oriented people who like sports see it from a business perspective. In Portland, sports activities earn the country around $200 million per year, and it is done without proper sports management professionals in place. The field of sports hosting and management is very vital since many people are in sports, and every sport has a good number of fans worldwide. By putting good sports hosting and management features in place, one can be able to have good earning if taken seriously as a business. Manager, coaches, trainers, athletic directors, and presidents of sports organizations for part of the sports management industry (Sharma, 2008). For the high paid athletes, they have agents that work on their behalf, negotiating on issues to do with contracts and salaries, which is also part of the sports management industry.
The individuals who are interested in sports and business can come together to form a sports hosting and management industry. In the past, sports management revolved around participating in sports or selling tickets during a sports event. Today, sports management is a complex sector that gives job opportunities and can make billions of cash each year. Due to the growing nature of the sports management sector, there are several jobs available within its field. The sports management scholars that have experience can work as coaches, marketing experts, athletic directors, sports agents, recruiters, and public relation experts (Chakraborty, 2007). They can also work with high schools, colleges, or professional athletes in any form of sport. The professionals in sports management need to have some experience of playing in a specific game that they are managing. Apart from expertise, sports management individuals need to know the business process to help make money out of the sports.
Sports management is a complex sector that that entails, accounting, marketing, psychology, communication, and law principles. For one to become a sports management professional, it required them to have a degree in some area of sports. The degree can vary from an associate degree to a graduate degree. The type of degree that one chooses will depend on the career aspiration that they want. The most common degree for sports management is a bachelor’s degree. With good experience in sports management, one can earn good money out of the profession. Today, well-earning people are in the sports sector. In Portland, the sports industry has highly grown, and its revenue has a good percentage in the national GDP. There is a need to run clubs and associations as organized businesses. For example, a sports club has the mandate to manage and host opponents its players during matches. The sports management put in place must be good enough to give the players a good psyche for games and excellent performance. The player would love to play for clubs where they are treated well and provided excellent services for them to give their best. It will only happen if there are unique sports management schemes put in place. A proper sports management has to understand the needs of players and try as much as possible to meet them. The excellent result always comes as a result of adequate management put in place to help the players achieve whatever that is needed.
The duties of a professional sports manager include planning, control, performance, and improvement. The managers have to plan for the future sate of the club or athlete. They have to see the future and its problems to be able to solve them before they can arrive. The events that happen within the club have to be controlled using excellent management skills. The mangers are the ones in charge of good performance results managing the players and the stakeholders well. When there is a decline in performance, the sport management team has to do whatever it takes to bring good results because that is entirely their duty. Some of the challenges involving sports hosting and management are the high numbers of third-party vendors, and the communication with other people in the offices can be difficult, leading to misunderstandings.