Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/268673 
Year of Publication: 
2022
Citation: 
[Title:] Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Hybrid Conference, Opatija, Croatia, 17-18 June 2022 [Publisher:] IRENET - Society for Advancing Innovation and Research in Economy [Place:] Zagreb [Year:] 2022 [Pages:] 449-458
Publisher: 
IRENET - Society for Advancing Innovation and Research in Economy, Zagreb
Abstract: 
As the COVID-19 pandemic enters its third year and the economy continues to recover, it is clear that today's dynamic, unpredictable risk environment will remain. Due to the influence of other unexpected and changing sources of risks from the external and internal environment, situations arise that affect the fulfillment of set goals and the effectiveness of decision-making processes. This uncertainty underlines the need for prevention and the importance of risk management in sports organizations so that organizations can better prepare for potential crises. While in some countries (e.g., the USA, Australia, and others), it is common for the management of a sports organization to be aware of its serious (key) risks, this is not the case in Slovakia. The contribution aims to present the basic concept of risk identification for sports organizations to support sustainability resulting from the current requirements of practice in Slovakia and respect for world trends. The proposed concept's essence is identifying risks in connection with the application and significance of selected methods and techniques of risk identification. The proposed concept should focus on strategic management and establish responsibility for identifying risks to minimize the risks' negative impact. The benefit of the contribution is the strengthening of support for the application of risk management in sports organizations not only in Slovakia but also in neighboring countries. With a proper understanding and effective management of risks within processes and functions, sports organizations can anticipate emerging risks and increase the probability of achieving the goals of profit and sports success.
Subjects: 
risk
risk manager
risk identification
methods and techniques of risk management
sports organization
JEL: 
Z2
Z23
Z28
Z29
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Book Part

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.