Report on Risk Assessment and Management in Australian Cricket

This report provides a comprehensive analysis of the risks associated with cricket in Australia, focusing on injury prevention, operational challenges, and the overall safety of the sport. It begins with an introduction to the popularity of cricket in Australia and outlines the objectives of the report, which include analyzing the benefits and risks of the sport and identifying effective risk management strategies. A literature review explores existing research on Australian cricket, emphasizing risk identification, assessment, and mitigation processes. The report discusses the importance of risk context, both operational and strategic, and reviews corporate governance's role in risk management within cricket organizations. It also highlights the challenges of managing large volumes of data and information in risk management. The report then delves into risk identification methods, including the use of organizational policies and information systems, and categorizes risks based on integrity, confidentiality, and external environmental factors. Various risk assessment methods, such as qualitative, semi-quantitative, and quantitative approaches, are examined. The report concludes with guidelines for managing risks, emphasizing the roles of a risk executive, delegation of responsibilities, and the importance of considering various risk sources to make informed decisions. Overall, the report aims to provide a detailed overview of the risks in Australian cricket and effective strategies for managing them.

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Contents
Introduction.................................................................................................................................................2
About Cricket in Australia...........................................................................................................................3
Objectives of Project Report....................................................................................................................4
Literature review on the Australian Cricket.................................................................................................5
Guidelines for managing the risks.........................................................................................................10
Research gaps............................................................................................................................................11
Review of new literature............................................................................................................................11
Risk management process.........................................................................................................................13
Risk assessment.....................................................................................................................................16
Risk Mitigation......................................................................................................................................17
Risk Perception......................................................................................................................................19
Risk communication:.............................................................................................................................19
Secondary data information.......................................................................................................................20
Suggestions...............................................................................................................................................25
Conclusion.................................................................................................................................................27
References.................................................................................................................................................29
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Introduction
Sports are playing very important role in the growth of the economy and the youth and it focuses
almost every aspect of the human being. In the world, there are a lot of games exists, but cricket
is the most famous and popular games in Australia. There are lot of risks involved for the cricket
while playing in the field such as on field injuries, fractures, broken jaws and many other
physical injuries. In this report, we are going to analyze all the risks associated with the cricket
sport in the Australia and how to manage all these risks are also discussed in this report.
Basically this report talks about the previous studies and determines the gaps. There are many
clubs and associations established in Australia to attract the diverse population and to manage the
game by attracting more members. Moreover, cricket also focus on the indigenous communities
and people with some disabilities. In the previous studies, there are many types of the sports risk
has been found in the different games like football, Cricket, hockey. According to the various
researchers, most of the ports activities involve a chain of the risks at certain level even if the
organizations still implemented risk management policies. At the end of the report, some of the
suggestions are also provided.
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About Cricket in Australia
Cricket is the most popular game in Australia and it is highly participated game. In this research,
the main focus will be on the risk faced by the cricket sports in Australia and how to manage that
risk in Australia. The objective of the report is to analyze the risk associated with this game and
how to mitigate those risks. The vision of the Australian cricket is to become the favorite sport
for all the Australian people and to achieve this vision, it is important to contact the Australia’s
diverse society by attracting a new fans and players to the game. The culture of the Australia is
very influential as it welcomes everyone to bring some common change in the Australian cricket
team. On the basis of the reports, there are 43.1% of people having at least one overseas born
parent and one fourth group members were born overseas. Therefore, cricket is the most
important of the culture of Australia. Moreover, it is seen that the Cricket maintain its automatic
place with the rise in the multicultural population in the Australian culture. Cricket is the leading
sport in Australia that attracts people of different ages, gender, countries and cultural
background. There are many clubs and associations established in Australia to attract the diverse
population and to manage the game by attracting more members. Moreover, cricket also focus
on the indigenous communities and people with some disabilities. This can range from disability
teams competing at an international level, or the Imperia Cup – a tournament for Indigenous
Australians (Treagus, Cover, & Beasley, 2011).
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Objectives of Project Report
The main objective of this review is to conduct the literature review on the Australian cricket.
The main focus of the report is on the below mentioned points:
 To determine the benefits of the Australian cricket
 To analyze the risk associated with the Australian cricket
 To find out how to manage the risks associated in the Australian cricket.
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Literature review on the Australian Cricket
According to the Australian cricket policies and guidelines, there are many benefits of
participating in the match as well as many risks also involved in this game. Talking about the
benefits, then it can be physical, social and psychological. The physical benefits of the cricket are
that it improves the physical health of the people by controlling heart rates, muscle growth and
also improves bone density. Also, the problems such as obesity and weight problems can be
reduced by participating in the cricket match. However, social benefits of participating in cricket
are that, it helps in meeting a new people and developing a new friendship group. The best part
of Australian Cricket team is that it helps the human beings to work in a team and develop the
sense of responsibility and communication skills in the individuals. Lastly, the psychological
points are increased in self esteem, development of the strategies, building confidence and
concentration skills. Stakeholders are the persons or individuals who can or affected by the
policies, actions of the organization and objectives. A stakeholder in the organization can be
internal and external to the business. These stakeholders are in the vice versa situation where
they can affect the business and also can affected by the business (Australia, 2015).
In the previous studies, there are many types of the sports risk has been found in the different
games like football, Cricket, hockey. According to the various researchers, most of the ports
activities involve a chain of the risks at certain level even if the organizations still implemented
the precautions. It is found that the risk management is the process where the governing bodies
need to access the risks as well as implement the adequate measures to control these risks. The
researchers and authors identified the five main steps of risk management. The risk management
plan involves various tasks and activities. Risk identification is the first step involved in the
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process is to identify the risk in the organization that might affect the operations of the
organizations. Risk analysis is the next step to analyze the consequences of the risks that are
identified in the organizational performance. Evaluation of the risk means on the basis of the risk
magnitude; it is important to rank the risks to understand whether it is acceptable to the
organization or it needs some actions to minimize their effect. Risk response planning involves
the treatment of the risk. The organization needs to build the risk mitigation strategies and
preventive plans at this step. Review and monitor the risk is the last step in the process. This
review and monitoring of the risks are important for the successful implementation of the plans
in the organization (Gamage, Fortington, & Finch, 2017).
Risk context is like a background of the story which is very important within the organization.
The risk context will help the organizations in creating the appropriate risk action plans.
Basically, risk context helps in identifying the risks within the organization and it provides the
basis for the risk management process. There are two types of the risk contexts. One is
operational context which involves into the different operations in the business. Second one is
the strategic context that determines the risk associated with the environment. Strategic risk
context determines the external factors that affect the working of the business. The risks
identified under the strategic context are like organizational relationships, laws, rules, procedures
and policies that exist within the organization. All these external factors like legal structure
cannot be controlled by the organization. However, the establishment of the risk context is
important in the management of the operational risks (AFL Community Club, 2012).
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The report also reviews the previous literature that is related to the role of the corporate
governance in the risk management of the Australian Cricket. In the previous studies or
literature, the main focus is given on the theoretical framework of the corporate governance as
well as identified some of the related theories on the corporate governance in the sports
organizations. From the organizational point of view, the main focus is given on the agency
theory, stakeholder theory and the stewardship theory which reflects the framework of the
corporate governance in the context of the Cricket teams and other sports teams (Insurance
Council of Australia, 2016).
Many authors and researchers revealed that managing the risk in the sports organization is very
difficult and complex because the physical health of every team member is very important. The
Australian cricket clubs and associations also need to plan, organize and manage all the risks
associated with the organization with a purpose to achieve the goals and objectives and play
safely. According to the scholars, the process of the risk management involves the number of
activities such as the framing of risk, risk assessment, responding to those risks and in the end
controlling and monitoring those risks. The simple process of the risk management has been
shown in the below picture.(Brukner, Gara , & Fortington, 2018).
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The main problem faced by the sports clubs and organization is that they found it difficult to
manage the large volume of information and data. However, managing this large amount of data
is the first step of the risk management process as it helps in the identification of the risks. This
is the common viewpoint of all the researchers that, before managing the risks, identification of
the risks is must. Risk management would not be possible without the identification of the risks.
The reason behind this is that process of the risk identification involves the key activities such as
the source of risk, nature of risk, time period, expected outcomes and occurrence area. Every
detail of the risk is the basis for the risk mitigation strategies. According to the viewpoint of the
Zheng, risk identification is possible through number of ways such as organizational policies,
training and information systems and the arrangement of the relevant information from the past
experiences, people and skills (Ho, Zheng, & Talluri, 2015).
Moreover, on the basis of the integrity and confidentiality, all the threats and impacts of these
risk associated with the sports organizations can be categorized in four different groups. These
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four different groups are the processes, systems, human factors and the external environment
factors. Also, various tools and techniques are designed for the risk controlling actions. After the
identification of the risk in the sports organizations it is very important then to assess those risks
to understand the nature and impact of those risks on the performance of the sports organizations
and clubs. For example, the security of the players can be positive or negative, so it is important
to calculate the level of the risks and then build some strategies and policies according the risk
levels.
According to the previous researches, three methods for the risk analysis has been found such as
qualitative, semi-quantitative and quantitative methods. Qualitative method is used to define the
probability level for the occurrence of wrongful incidents such as injuries to the players and the
impact of these risk on the performance of the team members. Different levels in the qualitative
methods are divided into rare, unlikely, likely and most certain. The combination of the
probability level and its impact can be identified on the basis of the low, medium and high level
of risks. Second method is the semi quantitative is analyzed through the range of scale 1 to 4 in
terms of very unlikely, improbable, probable and very probable. The last method may perform
the simulation methods when the large information is available from the past experiences.(Fuller
& Drawer, 2004).
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Guidelines for managing the risks
In every sport organization, there should be a risk executive who can play the functional roles in
order to manage all the risks. risk executive will act as a resource for the seniors to manage and
monitor the risks through the risk management strategies. According to the guidelines of the
Australian cricket, it is important to assign and delegate the roles and responsibilities in the
management of risk. it is also essential to build and implement the strategies by considering all
the factors in the management of risks. It is also suggested that the organizations consider all the
factors and different sources of risks in order to take the effective decisions. Also, all the
activities on which the decision are based, need to be performed in an effective way such as the
risk framing risk assessment and risk monitoring. Risk context is playing important role also as it
helps in creating risk and appropriate risk management plans. This risk context is like a
background of the story and helpful in identifying the risks within the sports organizations. All
the sports organizations especially, cricket teams need this as a basis for the risk management
processes (Niralia, 2017).
The process of the management of the risks involves the identification, assessment, risk
prioritization of the risks. These are defined as the effect of the uncertainty on the objectives as
per the ISO 31000, which is followed in order to avoid, monitor and reduce the impact of the
uncertain events and to maximize the productivity in the organizations.
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Research gaps
In the previous studies, there is no particular study that depicts the different risks faced by the
Australian cricket as they have discussed very generally about the risk management of the sports
organizations. However, there is also a communication gap between the researchers and the
information they conveying to the people about the Australian cricket. There is no particular risk
in the Australian Cricket is found by the researcher. However, we are going to focus only on the
Australian cricket and the risks that they are facing. The previous studies focus on the overall
growth of the sports organizations whereas we need to find out the Cricket game in Australia.
The studies mainly emphasize on the risk management process instead of focusing on the Cricket
game.
Review of new literature
There are many risks are faced by the cricketers related to health, safety and security
inconsistencies. The different types of risk associated with the Australian Cricketers are
explained in below:
1. Critical risk of Ball impact
In November 2014, from the reports of the FICA, it is clear that the Australia opener died two
days after being struck on the top of the neck by a ball while paying a domestic match. However,
there are many players who stuck because of the risk of injury on field by hitting of the ball.
Also, the wicketkeeper of South Africa retired in 2012 after having the injury on his eye during
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the tour of England. There is a high risk of the injury through a ball in the Australian cricket
team.
2. On field injuries
There are lot of risks involved for the cricket while playing in the field such as on field injuries,
fractures, broken jaws and many other physical injuries. Most of the time, when two people run
to catch the ball, then they collided with each other and fall badly and also struck by the
fractures.
3. High risk of Sun and Heat related conditions
Because of the uncertain weather conditions, there are many players in the Australian team
facing diseases such as cancer, skin problems and migraine. Australia Captain, Mr. Michael
Clark, have been treated for the skin cancer. Also, former captain of Australian team Richie
Benaud also died in April because of the skin cancer (Leopkey & Parent, 2009).
4. Tour and event security
There is always a threat of terrorist attacks on the Australian teams. In the year of 2009, cricket
team was attacked by gunmen when they were on the way to Pakistani city of Lahore and in this
incident around 7 cricketers were died and coach was injured. Also, England team also faced
terror attacks in Mumbai while they were coming back to the tour of India in the year 2008.
5. Mental illness
It is observed that there is a lot of stress while playing the matches. These stress related also
leads to mental illness and many psychological problems for the cricketers. The use of the
insurance cover means that organization accepting the loss of the players but mitigate the risk by
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