Tuesday, May 31, 2011

Sports Management


1.      My dream job would be working for the NBA, MLB, and NFL in the Sports Management field.
2.      The salary for this job varies. The first year with no experience is $50,000. For 5-9 years of experience is $79,096. It all also depends on where and what organization you work for.
3.      My retiring plan is to invest a percentage from my payroll in investing it with stocks, realtor, and family benefits.
4.      The Ethical considerations of my job-Making sure my entire budget is heading the right directions. Not wasting money on material that is not going to improve my business.  Offering player’s realistic contract to bring them to my organization to improve the team. Also, pay employees what they deserve and treating them equally.
5.      Ethical Dilemma: Working as a manager and you don’t want to fire anyone, but your budget is running short.
The employees are in need of money due to the economy and some of them are your closest friends since high school. Should you fire anyone that’s not your close friend or treat them equally? First, you decide to call a meeting to let them know your cutting hours. Second, you start thinking about the good and bad of whether of firing your close friends or regular co-workers. You decide to fire your regular workers and stay with your close friends. A week later you start noticing your business going down the drain. Should you still keep them or fire them and possibly lose friendship to improve your business? The ethical way of solving this issue would be talking with them individual and letting them know what’s going on. Also, explain the good and bad that they’re causing your business, but concentrate more in the bad. After talking to every one individual and everything stays the same. Should you try anything else to keep them or fire them to the curve even though they’re your closest friends?

1 comment:

  1. William,
    Yes, it's hard to have friends on your team. I think the best you can do is explain the situation. They won't like it, and, most likely, they'll play the friendship card to guilt you into not firing them. However, stern manager that you are, you do not have to fire them directly. What a lot of managers do is slowly drive them out by cutting hours, rescheduling days, and demoting ranks. But perhaps your direct approach is best here.

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