Question

The Coronavirus will obviously impact the economy of big organizations like FIFA or the NBA but also their future strategy, rules and policy. How exactly will the CORONAVIRUS affect governance bodies like FIFA or the NBA? What will happen within the governance in these 2 organizations? Will they have to make some changes within their governance and their policy in the near future ? If yes, what would they probably have to change?

In order to have a good governance, big organizations like the NBA or FIFA will need to have the 5R's which are : Regulations, rules, rankings, records, results. They will also need to follow the SLEEPE model which is: Social, Legal, Economic, Ethical, Political, Educational. Finally, they will also need to have a clear structure within their governance, rules and policies and so be good at planning, organizing, leading and evaluating in order to keep getting revenue in the future. After the CORONAVIRUS, both NBA and FIFA will have to resolve a lot of issues since they will loose a lot of money during this rough period. What will be these issues that they will have to resolve in order to still have with the 5R's and follow the SLEEPE model, and what are the solutions for it?

Answer 1

Coronavirus - Coronavirus is a pandemic disease spread by a new virus. This an infectious disease which causes respiratory illness with symtoms like cough, cold, fever and in critical case difficulty in breathing. It spreads through contact with the person who is already infected.

FIFA- FIFA stands for Federation Internationale de Football Association which is an international body with its headquarter in Zurich, Switzerland. It is a non profit international goverining body of association football, futsal, beach soccer and efootball.

NBA- NBA stands for National Basketball Association which is a men's professional basketball league in North America, composed of 30 teams.

Impact of Coronavirus

The coronavirus has shuttered the glabaol sports with suspension of North America's NBA and Europe's football league. Every sports around the world i facing the same problem even the Tokyo 2020 Olympic Game is also postponed. Some reports say this is the biggest disaster that will hit the sports world in 75 years.

FIFA- FiFA announced postponing of Conmebol 's 2022 world cup qualifiers due to coronavirus. FIFA release statement which stated that matches shceduled between 23-31 March have been postponed.

NBA- NBA has suspended has suspended its baskelball tournament as one of its player Utah Jazz tested positive for coronavirus shortly before the scheduled game was to play at the Okhlama City Thunder. The audience present were asked to leave due to unforseen circumstances

Changes within their governance

Yes, their governance policy require some changes

1. The spectators rushing towards crowded stadiums will always be a huge concern so everytime authority needs to check the spectators thoroughly.

2.Finance will be a huge problem after coronavirus spread which the association should take care of.

3.The Association need to carry their matches after coronavirus or they will face huge losses due to postponed dates.

4.The FIFA is trying to bail out as many clubs are starved out of cash flow and risk insolvency as the game ground to a halt last month.

5.FIFA is even asking players to take pay cuts.

5R's for FIFA

1. Rules: FIFA is worls football governing body which aslo act as the legislator in all kinds of football activities. Some rules are like match is played ofr 90 mins.
2. Regulations: Regulations contains general principles, registration of intermediaries, requisites for registration, representation contract, conflicts of interest, sanctions etc.
3. Rankings: Rankings are done for different teams in which Belgium leads the football ranking table.
4. Records: The records contain most goals by players, most world cup winning player, most worl cup winning team, highest goal scorer team etc.
5. Results: Results include the overall result of federation evenry decision is taken by the association itslef.

5R's for NBA

1. Regulations: NBA is basketball association which looks after all the 30 teams under it which contains general principle and other legal regulations.
2. Rules: Rules contain rules of match like time slots, timeouts, length of the game etc.
3. Rankings: Bcuks, team tops the record table.
4. Records: Here the most scorer player or the most scorer team comes in.
5. Results: The association takes the decision of the 30 teams.

SLEEPE MODEL

FIFA

1. Social:Diversity, Health, access for all, human resouces are considered.
2. Legal:human rights
3. Economic:Responsible procurement, boosting local development, economic growth of the country
4. Ethical: Behaviour of players, fair play
5. Political:Human trafficking, corruption,
6. Educational:Team work, leadership

NBA

1. Social: Diversity, culture, health, mental toughness
2. Legal: Human rights
3. Economic: Long term invetsmenst, economic growth
4. Ethical: Fair play, discipline
5. Political: Corruption, human trafficking
6. Educational: Cross training, team work

The 5R's and SLEEPE model will be definitely effected due to the coronavirus pandemic. But both the association will try hard to follow rules and regulation to conduct sports in near future where they may require to make some changes.