Sam 340 unit 3 replaced Essay Example | Topics and Well Written Essays - 250 words

Sam 340 unit 3 replaced - Essay Example Risk management has two sides. It has both negative and positive sides. Risk management can therefore be counterproductive if at all it does not receive the full support of the stakeholders (Masteralexis, Barr and Hums, pp. 110). This is common whenever they have conflicting ideas which they intend to implement. Lack of support and improper implementation automatically leads to lack of achievement with regard to the initial objectives of the risk management programme. However, this paper argues from the point of view that risk management in line with legal and ethical principles is necessary in the sports industry. Risk management helps in the area of intervention and prevention (Masteralexis, Barr and Hums, pp. 96). The emergence of problems will be controlled in addition to having a comprehensive framework to handle problems that will have come up. It is therefore necessary to incorporate a proper risk management strategy. The reason for this personal opinion is because risk management puts the sports manager in a good position to anticipate and prepare for sports’ risks. This enhances a smooth transition for the benefit of a team with regard to its overall performance/results/output and saving of time and