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Sports Business Lessons from a Weekend of Sailing

Sports Business Lessons from a Weekend of Sailing

 Sports Business Lessons from a Weekend of SailingIn the last eighteen months there has been considerable coverage of the America’s Cup held in San Francisco. You may even know that it concluded with one of the greatest comebacks in sports history. The televised coverage on the NBC networks was spectacular viewing, and a triumph of the panoramic beauty of the San Francisco Bay converging with technology delivering never-before-seen on the boat coverage.

All of this leads to how I spent three days last weekend watching Sonoma State Executive MBA students learn to sail in San Diego. On each boat, skippers (many of whom have sailed in America’s Cup racing) were teaching sailing and ensuring the safety of the student teams. There was also a faculty member (like me) on the boat reinforcing business themes as the student teams de-briefed after each sailing exercise or race.

Watching people learn a new skill in an unfamiliar environment while being focused on competing against their classmates is interesting theater. There were many lessons learned, but a handful of them seem to apply directly to sports business professionals:

1) Respect the other sports. There is sometimes an inclination to only think certain sports are “important”. In the US, the NFL, MLB, NBA, Division I football and basketball are primary. But there are so many opportunities to expand your career options by taking skills honed in one sport and applying them in a new setting. One of the real treats of the trip was listening to the history of Americas’s Cup sponsorship. Remember that, sports activities industry is trade first, sports activities 2d.

2) The important thing to a hit conversation is listening. Whereas observing the scholars change into indoctrinated within the duties of cruising and rudimentary race technique, it used to be attention-grabbing that there have been instances when a couple of crew contributors have been speaking over every different whereas crusing – inhibiting somebody on the boat from evidently figuring out directions. How ceaselessly does this habits happen within the fast moving atmosphere of “sport day”? Is your group successfully speaking right through excessive stress moments? If that is so, are all group individuals listening?

three) In case you ask for an skilled’s recommendation, hearken to it. In a race on day three, the wind kicked up and the coed workforce discovered itself in a scenario it had now not confronted within the first two days on the water. The helmsmen speedy requested for the recommendation of the skipper (who’s there for security and coaching) and in an instant applied the recommendation with lend a hand from the scholar on the primary sail, fast steadying the vessel. In sports activities industry, this example is similar to bringing in a expert to assist in a particular space of the endeavor. It does now not topic how nice the marketing consultant is (or how pricey) what issues is the power to enforce the recommendation. Does all your group recognize the recommendation and correctly enforce it? If now not, why now not?

four) Be clear on the way you outline “profitable”. On the outset of the weekend there’s various courageous speak between the groups about profitable a race on the closing day. By the point the closing day arrives, some sentiment has shifted to redefining profitable. Is it doing higher than in earlier races? Is it speaking evidently and dealing as a workforce? Is it crossing the end line first – which means there can most effective be one “profitable” crew out of the seven taking part? Identical questions can practice inside the Gross sales Division of a sports activities staff. Will have to a Gross sales Supervisor’s efforts be fascinated with the very best achievers? Are financial rewards structured to motivate teamwork? Is there environment friendly sharing of data between skilled group of workers and relative newbies?

Every of those factors served as nice sports activities industry reminders for me, as I mirrored again on the weekend. As all the time, any opinions on how the teachings resonate for you’re favored within the Feedback part under.

 Sports Business Lessons from a Weekend of Sailing Supply : The Trade Of Activity

About Wesley Dekstar

I'm A Nigerian With A Passion For Editorials And High-risk Adventures And Also A Professional Web Developer. Catch me on Twitter , and Facebook.

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