One reason why the teams with larger media and crowd resources do well could be the fact that as more talented players are able to move into free agency, they seek higher and higher compensation and attention through larger media and crowd outlets (Grant, 1991). A very talented player may not want to play in a small town because there would theoretically be less exposure to media and fans, and as a marketable good or commodity, that player knows that his or her talent would not be compensated for as well as it could be in a larger town.
The basis for argument with Rottenberg's presentation of competitive advantage mitigation lies in the basic economic theories that govern other markets. It is only logical that these theories be applied to labor markets within sports leagues. Although many fans and sports enthusiasts were happy to see that changes intended to increase the competitive balance were enacted in many different sports leagues within the U.S., it remains to be see whether or not these change have resulted in much more than higher revenues and better labor conditions for the players and teams themselves. Other outside factors such as media coverage and the size of the team's fan base have much more of a direct impact on specific franchise revenues and their ability to attract talented, often expensive players to their team (Grant, 1991).
While Rottenberg's original ideas and feelings toward wanting to help level the competitive edge that some teams had over others is rather idealistic...
Chang and Young (1995) points that the process of measuring performance give an organization an opportunity to have focus, projections, common understanding as well as quality knowledge to enhance good decision making process in any organization. It also helps organizations to have a mechanism of getting feedback on the improved efforts of service delivery. In addition to this due to the fact that measurement of performance is closely related to
McGregor's Theory X and Theory Y, Open Systems Theory, and in general a recognition of the complexities of what fosters and supports greater productivity on the part of people. At this point the evolution of organizational theories begins looking at how the factors of the distribution of knowledge, the integration of process for knowledge management, and in general the recognition of personal productivity as the basis of competitive advantage. This
Management as a discipline is generally concerned with the art and science of getting a group of people to achieve a defined goal or objective (Griffin, 2008). The discipline has evolved significantly over the last one century or so (Roth, 1998). In the first half of the 20th century, emphasis was largely placed on structure, authority, and production; with little or no attention to employees (Adetule, 2011). There has, however,
Constraints What is the Theory of Constraints? There has been a continuous development of management from the time it was realized that it can be studied carefully to form a branch of knowledge and the individuals who had studied it generally performed better as managers than others who never spent time on the matter. The Theory of Constraints or TOC is basically a philosophy of management and improvement. The first person
HRM Organizational Behavior, Theories, Frameworks and the Links Between Individual and Organizational Performance This work in writing conducts a critical evaluation of HRM Organizational Behavior Theories Frameworks that link performance. Defining and measuring the effectiveness and performance of workers is a specific part of the HRM manager's work. The question presenting is one that asks how the skills, behaviors and attitudes that are needed by workers to successfully and effectively perform
Innovation and Theories of Management. Managerial Planning and Leading in Organizational Innovation The account presented here is intended to examine the role of innovation in modern business practices. Particularly, this will be examined from the perspective of management and with a focus on the two primary management functions of Planning and Leading. The literature review hereafter considers these functions of management in direct relation to the complex questions pertaining to innovation. Primary
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