This Week We Discussed New Sport Facility Operations In Chap
This Week We Discussed New Sport Facility Operations In Chapter 6 We
This week we discussed new sport facility operations. In chapter 6 we examined bidding considerations, of which there are eight primary considerations, each of which can have varying importance, depending on the circumstances of the bid. Please choose two and describe them, and explain why each is crucial to the process. Create a word original response by Thursday, midnight. Reply to a minimum of 2 peers with word responses by Sunday, midnight.
Review the attached Dialogue Grading Rubric to ensure the best outcomes for your weekly dialogues. THIS IS THE BOOK BELOW Schwarz, E.C., Westerbeek, H., Liu, D., Emery, P., Turner, P. (2017). Managing Sport Facilities and Major Events, 2nd Edition. (ISBN: )
Paper For Above instruction
The bidding process for hosting major sport events or operating new sport facilities is a complex and strategic endeavor that demands thorough understanding of various considerations to increase the likelihood of success. Among the eight primary considerations identified in Schwarz et al.’s (2017) work are financial capacity and community support, both of which are pivotal to the outcome of a bid. This paper discusses these two considerations in detail, analyzing their significance and the reasons they are crucial in the bidding process.
Financial Capacity
Financial capacity refers to the financial strength and resources available to the bidding entity, whether it be a city, sports federation, or organization. It encompasses not only the immediate costs associated with hosting or operating a facility but also long-term financial stability and the ability to manage unforeseen expenses. Schwarz et al. (2017) emphasize that financial resources enable the bidder to develop comprehensive proposals that meet technical and infrastructural requirements, as well as to sustain operations during and after the event.
The importance of financial capacity lies in its direct impact on credibility and feasibility. Bidders with substantial financial backing are perceived as more capable of delivering on their promises, reducing perceived risks. For example, a well-funded city can assure organizers of their ability to build or upgrade facilities, cover operational costs, and promote the event effectively (Gibson & Buss, 2019). Moreover, financial stability can influence negotiations, affecting sponsorships, partnerships, and funding opportunities.
Community Support
Community support involves the backing and enthusiasm of local residents, businesses, and other stakeholders toward the proposed event or facility. Schwarz et al. (2017) highlight that community support is vital for the social license to operate and for ensuring local resources and cooperation are available. A strong community backing can facilitate smoother logistics, enhance local engagement, and foster positive public relations, all of which are essential for the success of the bid.
The crucial nature of community support stems from its influence on political and social approval. Municipal governments and decision-makers are more likely to endorse bids that demonstrate broad community backing, as this reduces potential opposition and backlash. Furthermore, engaged communities can contribute to event planning, volunteer programs, and local marketing efforts, ultimately enriching the quality and authenticity of the event (Kamp, 2018). When community stakeholders are invested, there is often greater resilience against challenges and better sustainability prospects.
In conclusion, both financial capacity and community support are fundamental considerations in the sport facility and event bidding process. Financial capacity ensures that the bid is viable and credible, while community support guarantees local engagement and social approval. Together, these considerations increase the likelihood of a successful bid and sustainable operation, ultimately benefiting all stakeholders involved.
References
Gibson, H. J., & Buss, M. (2019). Financial strategies for successful sport events. Journal of Sport Management, 33(4), 285-299.
Kamp, C. (2018). Community engagement in major sport events: Building support and social license. Event Management, 22(3), 387-401.
Schwarz, E. C., Westerbeek, H., Liu, D., Emery, P., & Turner, P. (2017). Managing Sport Facilities and Major Events (2nd ed.). Routledge.