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Paper #094247 :: IMG Case Study
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A review of International Management Group (IMG) in relation to athletes and sports.

Written in 2006; 2,010 words; 1 source; MLA; $ 63.95

Paper Summary:

This paper takes a look at the International Management Group (IMG). According to the paper, after decades of rapid growth attributable to creating the sports management industry, IMB is at a cross-roads relative to its future. This paper reviews IMG's strengths and weaknesses.

Outline:
Overview
Case Analysis
Recommendations
Appendix
IMG SWOT Analysis

From the Paper:

"Despite all these strengths however, IMG has a series of major weaknesses brewing that if left unchecked could seriously cripple the company. First, there is no corporate oversight as to making one division of the company work closely and in a synchronized strategy with another. This cross-division coordination shows up in claims from clients and properties of conflict-of-interest and lack of ethics. IMG is lucky they are public in these situations, as the Sarbanes-Oxley Act and many other legislative acts from the US Congress would give shareholders the right to delve deeper into this apparent lack of coordination internally. This lack of cross-coordination and apparent lack of ethics oversight is the single largest liability of the company has today and would cripple it in the event of a massive ethical error, for example if a pay-to-play scheme were uncovered in a major golf or tennis tournament. One bad scandal and IMG's lack over oversight would come out fast. This lack of oversight for ethics is a major weakness and threat. A symptom of this broader lack of cross-channel and cross-division coordination is the increasing complaints from clients about not being able to maximize their incomes when they are part of IMG versus being on their own or with a smaller firm. Greg Norman's comments about earning more on his own are a case in point. This inability to maximize revenue for clients is a weaknesses that could also lead to great client churn, where clients suggest to agents to move on and begin their own boutique firms."

Tags: ethics clients advisor identities brands corporations athlete entrepreneurs

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