week 6 -blake lawrie

this week looked at risks in sport management. managing and avoiding risks is done through governance. the ASC describes sport governance as the structures and processes used by an organization to develop its strategic goals and direction, monitor its performance against these goals and ensure that the board and management seek to deliver outcomes for the benefit of the organisations and its members and that the means used to attain these outcomes are effectively monitored. the 2 areas of sport governance is corporate( deals with profit seeking companies and corporations and protecting the shareholders) and non-profit( governance of volunteers and facilitate involvement of individuals). corporate governance  has a number of theories which the text touched on.  through pinboard i read some articles about major issues in professional sport in australia that concerns governance  in particular the salary cap issue. this problem has occured in AFl and NRL in the last 15-20 years as the sport has become more professional. clubs like carlton and recently adelaide in the AFL and bulldogs and storm in NRL have fallen victim to salary cap breaches. both the NRL and AFL organsitions have put in place structures and restrictions to catch and monitor clubs that breach the salary cap. the salary cap is in place to ensure a equal playing field for all clubs and he competition remains fair for all. protecting the value and intergrity  of the game and the competition is vital for all sponsors, broadcasters, shareholders, players, and audience of the game.