Detailed Analysis of Sport Governance and Strategy for Vicsport

This report provides a detailed analysis of sport governance and strategy, focusing on Vicsport. It examines the roles of directors and board members in strategic reviews, including identifying opportunities, risks, and selecting appropriate strategies. The report discusses the pros and cons of using external facilitators and emphasizes the importance of aligning the organization's vision, mission, and strategies with the needs of the community. It identifies key stakeholders for strategic planning, such as investors, government entities, customers, and Vicsport members. Furthermore, the report includes a SWOT analysis of Vicsport, highlighting its strengths (e.g., large membership), weaknesses (e.g., reduced funding), opportunities (e.g., new board members), and threats (e.g., external facilitator). The report concludes with a list of references.

Running head: SPORT GOVERNANCE AND STRATEGY
Sport Governance and Strategy
Name of the Student
Name of the University
Author’s Note

1SPORT GOVERNANCE AND STRATEGY
Table of Contents
Answer to Question 1......................................................................................................................2
Answer to Question 2......................................................................................................................2
Answer to Question 3......................................................................................................................3
Answer to Question 4......................................................................................................................3
Answer to Question 5......................................................................................................................3
References........................................................................................................................................5

2SPORT GOVERNANCE AND STRATEGY
Answer to Question 1
Directors and board members have some major roles to play in strategic review. In the
process of strategic review, directors and board members have to review the present and future
opportunities for the companies. In this process, they have the responsibility to determine the
external and internal risk factors of the company. They need to determine on the weaknesses of
the companies. After that, based on this overall review, they need to select the most appropriate
strategic option for the company along with the means to implement them. In this process, they
need to ensure that the organizational structure and capability are appropriate for the
implementation of these strategies (Wheelen and Hunger 2017).
Best practice refers to those specific methods or techniques that have been consistent to
fetch good results for the business organizations. Thus, these practices can be used as benchmark
practices (Rosenthal and Panel 2012).
Answer to Question 2
The pros and cons are discussed below:
Pros: External facilitator can challenge the thinking process of the staffs of Vicsport and this
process can help the staffs to focus on to achieve the organizational objectives. External
facilitators make it sure that everyone in the organization contributes to achieve the
organizational target. Most importantly, they help in the development of effective business
strategies (Bens 2012).

3SPORT GOVERNANCE AND STRATEGY
Cons: It is an expensive process to hire an external facilitator and it makes the organizational
operations slower. In addition, a poor facilitator can worsen the organizational situations (Stirin
et al. 2012).
Answer to Question 3
It is the aim of every organization to serve the people or society by different ways. In
case of Vicsport, the board of directors should ask themselves that whether the vision, mission
and strategies of company will make the company to serve better to the people and communities
of Victoria.
Answer to Question 4
Some specific stakeholders need to be invited in the strategic planning process. First, the
investors need to be invited in the planning process. Thus, the government needs to be invited as
they have been the main source of fund for Vicsport. Second, some of the major customers of the
company needs to be invited in the planning process as they are the crucial part of the business.
lastly, the members of Vicsport need to be invited in the planning process.
Answer to Question 5
The SWOT analysis of Vicsport is shown below:
Strengths Weaknesses
 Large number of members and
participants is a major strength of
Vicsport.
 Vicsport represents the sport and
 Reduced level of funding is a major
weakness for Vicsport.
 Young and experienced team members

4SPORT GOVERNANCE AND STRATEGY
recreation sector of Victoria that is a
major strength of the company.
 Experienced CEO and strong financial
position of Vicsport is major strengths.
are the weaknesses of Vicsport.
 Lack of clarity in strategies and out-
dated mission and vision is major
weaknesses of Vicsport.
Opportunities Threats
 The new board members can create
business opportunities for Vicsport.
 Development of new strategies can
increase the business opportunities for
Vicsport.
 The appointment of external facilitator
can be a potential threat for Vicsport.

5SPORT GOVERNANCE AND STRATEGY
References
Wheelen, T.L. and Hunger, J.D., 2017. Strategic management and business policy. pearson.
Rosenthal, R.J. and Panel, I.S.G.E., 2012. International Sleeve Gastrectomy Expert Panel
Consensus Statement: best practice guidelines based on experience of> 12,000 cases. Surgery for
Obesity and Related Diseases, 8(1), pp.8-19.
Bens, I., 2012. Facilitating with ease! Core skills for facilitators, team leaders and members,
managers, consultants, and trainers. John Wiley & Sons.
Stirin, K., Ganzach, Y., Pazy, A. and Eden, D., 2012. The effect of perceived advantage and
disadvantage on performance: The role of external efficacy. Applied Psychology, 61(1), pp.81-
96.