The PowerPoint template is useful tool in presenting coronavirus impact assessment and mitigation strategies associated to live sports industry. It covers details regarding the live sports sector overview during COVID 19 pandemic, major sports impacted due to coronavirus pandemic, recent challenges faced due to halt of live sports during pandemic and contribution of live sports sector to social harmony. Various enterprise risks are identified such as disruption due to social distancing, plummeting employee productivity, stressed supply chain, recession in live sports sector by declining value of live sports events due to cancellation and suspension of live matches, unemployment and investment pullback risk, and economic instability and civil unrest due to pandemic, risks associated to live sports broadcaster and how these risks are impacting overall people involved in live sports sector. It also covers details about how these risks can be mitigated through business impact analysis, risk readiness assessment, risk management plan, business continuity plan, policy management, incident management, risk response plan for firms associated to live sports sector during COVID -19 outbreak. It contains information regarding the role of government assistance in reviving sports sector. It also covers risk maturity survey questionnaire to ensure the maturity level of enterprises in handling risks. https://bit.ly/2Onpqel
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Coronavirus Impact Assessment And Mitigation Strategies On Live Sports Industry Complete Deck
1. LIVE
C R NAV RUS
Impact Assessment
& Mitigation Strategies
on LIVE SPORTS INDUSTRY
2. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
2
RISKS
• Live Sports Overview during COVID 19 Pandemic
• Impact of Coronavirus Pandemic on GDP
• Major Sports Events Impacted due to Coronavirus Pandemic
• Recent Challenges Faced due to Halt of Live Sports during Pandemic
• How Sports Events Contribute to Social Harmony
Live Sports Sector Overview
• Determining Impact of Social Distancing due to Virus Transmission
• Impact of Social Distancing on Physical Activity and Wellbeing
Disruption Due to Social Distancing
01
• How COVID 19 Affecting Players Associated to Live Sports
• Risks Associated to Sports Staff Productivity
Plummeting Employee Productivity
02
• Determine Supply Chain Disruptions Risks during COVID
19 Pandemic
Stressed Supply Chains
03
• Determine Declining Value of Live Sports Events
• Determine Unemployment Risk Associated to Sports Industry
• Addressing Risk of Investment Pullback
Recession, Unemployment and Investment Pull-back
04
• Rise of Economy Instability in Sports Sector
• How Risk of Civil Unrest Prevailing due to Pandemic
Economic Instability and Civil Unrest
05
• Risks Associated to Live Sports Broadcaster
Live Sports Broadcaster
06
Role of Government Assistance in
Reviving Sports Sector
• Add text here
• Add text here
Risk Maturity Model Survey Questionnaire
• Addressing Present State of Risk Maturity Model
• Determine Enterprise Risk Management Growth
• Determining Various Departments Crucial for
ERM Implementation
• Determine Critical Functions Performed by Risk
Managers using ERM
Incident Management
• Incident Management Summary Report
• Ensuring Staff Safety to Avoid Critical Incident
• Necessary Communication to Consumers Associated to
Live Sports Sector
Risk Response Plan for Sports Sector
Firms during COVID – 19
• Add text here
• Add text here
Risk Readiness Assessments
• Readiness Assessment to Ensure Business Preparedness
during Pandemic
• Evaluating Financial Practices in Firm
Risk Management Plans
• Risk Assessment Matrix in Pandemic Situation
• Risk Contingency Plan for COVID 19
• Risk Management Action Plan
• Risk Mitigation Strategies for Sports Sector
• Sports Industry Action Plan for Ensuring Players Protection
• Risk Mitigation Measures for Sports Event Organizers
Business Continuity Plans
• Bridging Value Gap Between Sports and
Broadcasting Partner
• Addressing Fan Engagement Challenge
• Curbing Impact of Social Distancing due to COVID 19
• How to Handle Supply Chain Disruption
• Workforce Assistance Program
Policy Management
• Guiding Principles for Sports Sector and Community to
Combat COVID 19
• Live Sports Events Organizer Guidelines
• Post Pandemic Aid to Employees Associated to Sports Sector
How Risks are Mitigated
• Pandemic Severity Impact Assessment
• Business Impact Assessment during COVID 19 Pandemic
Business Impact Analysis
3. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Live Sports Sector Overview
• Live Sports Overview during COVID 19 Pandemic
• Impact of Coronavirus Pandemic on GDP
• Major Sports Events Impacted due to Coronavirus Pandemic
• Recent Challenges Faced due to Halt of Live Sports
during Pandemic
• How Sports Events Contribute to Social Harmony
3
4. Live Sports Overview during COVID 19 Pandemic
4
This slide covers information regarding the overview of hotel sector and how the sector has affected due to recent COVID 19 pandemic outbreak.
LIVE
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Media networks are paying billions of dollars for live sports that might not happen
in present year 2020 due to coronavirus outbreak
Rugby league – 12 teams will be playing in front of limited crowd from
October 1, 2020
US$5.8 billion is loss in retail revenue due to disruption in live sports during
COVID – 19 pandemic
Postponing of Summer Olympics to 2021 created risk to distributors and affiliates
of double paying for contracts renewal
In worse case, market will normalize by Q1 2022
5. Impact of Coronavirus Pandemic on GDP
5
This slide covers information about the COVID – 19 impact on major economies GDP growth.
-1% 0% 1% 2% 3% 4% 5% 6% 7%
Forecasted impact of Coronavirus on global GDPs growth
Q1 2020 New Estimate Q1 Old Estimate
-1.5%
China
-0.4%
Japan
-0.4%
Other Asia*
-0.1%
Eurozone
-0.1%
Unites States
Global GDP will decline in Q1 by
0.42%
Estimated Global sports market
value was US$488.5 billion in 2018
and was expected to grow to
US$614.1 billion by 2022 with CAGR
of 5.9%
* Major Emerging Economies other than China
Impact
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6. S
P
O
R
T
S
Major Sports Events Impacted due to Coronavirus Pandemic
6
This slide covers information regarding the major sports events that get affected and get postponed due to coronavirus pandemic.
Olympics Tokyo Olympics Postponed to 2021
Cricket
Series: India - South Africa 2nd ODI in Lucknow and 3rd ODI in Kolkata Cancelled
IPL - From March29 to April 15 Postponed
Series: Australia – New Zealand 2nd ODI in Sydney and 3rd ODI in Hobart Cancelled
PSL Suspended
Archery World Cup in Shanghai Cancelled
Badminton
China Masters Postponed
Asian Team Championships in China and Hong Kong Withdrew
German Open Cancelled
Asian Championship Suspended
India Open Suspended
Swiss Open Suspended
Malaysia Open Suspended
Singapore Open Suspended
Thomas and Uber Cup Finals from May to August 2020 Postponed
Tennis
All AITA tournaments Cancelled
BNP Paribas Open Cancelled
Miami Open Cancelled
Monte Carlo Masters Cancelled
French Open Postponed
Wimbledon 2020 Cancelled
Description Status
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7. Major Sports Events Impacted due to Coronavirus Pandemic contd…
7
This slide covers information regarding the major sports events that get affected and get postponed due to coronavirus pandemic.
Description Status
S
P
O
R
T
S
Athletics World Indoor Championship in Nanjing Postponed to March 2021
Field Hockey
India’s tour of Japan (Jr. Women’s Asia Cup) Postponed
All FIH Pro League Put on hold till May 17
Basketball NBA from March 11 Suspended
Shooting New Delhi World Cup Postponed
Boxing World Cup in Germany Cancelled
Formula One
Australian GP Cancelled
Bahrain GP Postponed
Vietnamese GP Postponed
Chinese GP Postponed
Monaco GP Cancelled
Azerbaijan GP Postponed
Football
Champions League and Europa League Suspended
EPL and FA Cup Postponed till April 30
Euro 2020 Postponed to 2021
Copa America Postponed to 2021
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8. Recent Challenges Faced due to Halt of Live Sports during Pandemic
8
This slide covers information regarding the challenges faced by sports industry due to halt of live sports during pandemic outbreak.
Financial Implication of
Lost Broadcast Revenue
Fans Engagement while
in Absence of Live Sports
Financial Implication on
Lost Ticketing Revenue
Incomplete
Tournaments & Leagues
Financial Implication of
Lost Sponsorship Revenue
• Risk that broadcasters will withhold payments to right holders due to no
live sport
• Value of TV rights will get reduce in upcoming years
• Risk arise in getting fans engaged to sports industry in the
absence of live sports contents
• Significant decrease in revenue generated through ticketing of live
sports resulting in empty stadiums
• World Swimming Championships to be scheduled in December in
Abu Dhabi
• Other major events are cancelled, suspended or postponed
• Data and evidence associated to partnership benefits in sports will be
crucial in future
• Shift in rights focusing on digital platform will increase
9. How Sports Events Contribute to Social Harmony
9
This slide covers information regarding the contribution of sports events in social harmony.
Cancellation of games affect many social benefits of global and
regional sports events which were essential in social cohesion
Sporting events were major contributors in social and
emotional excitement of fans
Sports play crucial role in fans identifying the athletes resulting
in greater physical activity of individual
Sports play vital role in leveraging communication and
strengthening bridges among communities and generations
Sports are play major role in social transformation and
development especially in divided societies
Sports is an effective tool for creating learning opportunities
and accessing at risk population
277
300
602
450
0 200 400 600 800
Postponement of 2020 Olympics
Postponement of Euro 2020
Cancellation & Postponement of F1
Races
Cancellationof Remaining NBA Games
Revenue Loss due to Suspension of Live Sports (in million US$)
This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”.
10. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Risk 1: Disruption Due to
Social Distancing
• Determining Impact of Social Distancing due to
Virus Transmission
• Impact of Social Distancing on Physical Activity
and Wellbeing
10
11. Determining Impact of Social Distancing due to Virus Transmission
11
This slide provides information regarding the impact of social distancing due to COVID – 19 outbreak. The duration of social distancing unclear due to unclear information
on seasonal transmission variation.
• Amount of social distancing required in
order to combat COVID – 19 pandemic
is unclear as no information regarding
the seasonal transmission variation
• Single time intervention will be not
capable enough in handling COVID -
19 widespread presence in critical
care facility
• There is potential chance of virus
resurgence due to seasonal variation
in transmission
• In worst case scenario such as no
vaccines developed, social distance
will be practiced till 2022
• Increase in critical care facility can
reduce COVID 19 pandemic
duration by ensuring critically ill
patients' treatment
Volatile situation creating issues
in making predictions
No single time intervention
approach required
Social Distancing will persist till 2022
globally in worst case scenario
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12. Impact of Social Distancing on Physical Activity & Wellbeing
12
This slide covers information regarding the impact of social distancing and its affect on person physical activity and wellbeing.
Due to global COVID 19 outbreak, stadiums, pools, fitness studios, gyms, physiotherapy
centers, parks, and playgrounds are closed in order to follow social distancing norms
Young people are affected by social and physical distancing as sports consider to leverage
cooperation and sportsmanship
Individuals are not able to actively participate in regular individual or group sporting and
physical activities
Longer screen time and less physically active, irregular sleep patterns, worse diets
resulting in physical fitness loss
Lack of access to regular sporting and exercise routines result in poor immune system,
damaged physical health
Lack of exercise and reduced physical activity have mental impacts which lead to stress or
anxiety as result of isolation from normal social life
Restrictions on movement and large gatherings will result in reduced spending on media
strategies and advertisements targeting consumers outside their homes
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1.5 M
13. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Risk 2: Plummeting
Employee Productivity
• How COVID 19 Affecting Players Associated to Live Sports
• Risks Associated to Sports Staff Productivity
13
14. How COVID 19 Affecting Players Associated to Live Sports
14
This slide covers information regarding the how players associated to live sports are getting affected due to pandemic outbreak rising concerns such as no consistent
communication, maintaining mental wellbeing, etc.
• Wide disparity associated to how
players are receiving information in
context to ever changing situation
across the globe
• Not getting key people associated to
sports events updated is short -
sighted in the long sustainable
development of industry
• Playing careers of sportsperson are
fragile, short and sporadic in nature
• With uncertainty associated to
leagues, matches, wages, clubs are
forcing players to apply for
temporary unemployment
• Isolation from friends, families and
support systems in foreign countries
is serious concern
• Many players are associated to
clubs, federations which are at
verge of bankruptcy
• Association with such clubs rise
uncertainty associated to wages
No Consistent
Communication
Mental well
being Concern
Uncertainty
Concern
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15. How COVID 19 Affecting Players Associated to Live Sports
15
This slide covers information regarding the how players associated to live sports are getting affected due to pandemic outbreak rising concerns such as weight of
expectation, deteriorating physiological health.
LIVE
Weight of Expectation
• Maintaining physical health in lockdown is challenging
in the absence of proper facilities and equipment
• Players need to grow their sport into thriving industry
Deteriorating Physiological Health
• Significant changes in training load, diet and sleep
disturbances resulting in physiological implications on
sportsperson affecting their mental, emotional and
physical health
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16. Risks Associated to Sports Staff Productivity
16
This slide provides information regarding the risks associated to workforce productivity which depends upon risk of job security, risk related to work and risk of
getting stressed.
There will be Reduction in Employee Productivity as they might be unable to Work due to Sickness, Stress, etc.
Risk related to
Job Security
Risks Associated
to Work
Risk of
Getting Stressed
• Risk of losing professional sponsors
as they might not aid them
• Uncertainty about future of
workplace and employment
• Loss of opportunity in securing
funding from private sponsors and
public sources on local, regional and
national levels
• Professional athletes are under
immense pressure to reschedule
training in order to make efforts to
stay fit at home
• Take care of personal and family
needs during working
• Managing different workload
• Risk of workers being exposed to
virus at workplace
• Difficult to engage in physical
exercise in more confined or limited
home spaces
• Lack of essential tools and
equipment needed to perform
operational tasks
• Difficulty in learning new tools and
dealing with technical difficulties
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17. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Risk 3: Stressed Supply Chains
• Determine Supply Chain Disruptions Risks during COVID
19 Pandemic
17
18. Determine Supply Chain Disruptions Risks during COVID 19 Pandemic
18
This slide covers information regarding the supply chain disruptions risk associated to coronavirus outbreak.
Global supply
chains that include
perishables are
facing highest risk
associated to
catering during
live sports
Shortage of sports
goods across the
extended supply
network resulting in
significant supply
chain disruption
Time related supply
chains are
witnessing huge
drop in booking &
reservations at
large scale
Public transport
are facing
significant fall in
customer footfall
Consumer
travelling is
replaced by
telecommunication
Slowdown in
China leads has
affected
Chinese exporters
Inventory & demand
management is
disrupted due to
manufacturing
factory closures &
economic slowdown
Coronavirus related
transportation
restrictions result in
global supply
chain disruptions
Business related to
sports industries are
facing losses are
not recoverable
Demand & required
supply fluctuations
are difficult to
handle & hence
create bull whip
effect in entire
supply chain
creating
artificial shortages
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19. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Risk 4: Recession, Unemployment and
Investment Pull-back
• Determine Declining Value of Live Sports Events
• Determine Unemployment Risk Associated to Sports Industry
• Addressing Risk of Investment Pullback
19
20. Determine Declining Value of Live Sports Events
20
This slide covers information regarding the declining value of live sports events due to recent COVID 19 pandemic outbreak.
National Football League (NFL) teams will lose approx. US$5.5 billion in stadium
revenue if season is played without any spectators in 2020
French telecommunications giant Altice seeking refund of annual US$385 million fee for broadcast rights for two soccer tournaments
such as UEFA Champions League and UEFA Europa League due to suspension of matches due to coronavirus outbreak
Furthermore, Altice is exiting from sports rights market in France with closing its RMC Sports News Channel and halting
operations in sports broadcast sector, ending its live soccer, athletics, tennis and horse-riding coverage
Premier League to refund US$414.8 million to its associated broadcast partners as
matches are be played behind doors at different times
71 soccer clubs of English Football League are facing a collective loss of $244million by
end of September due to loss of matchday revenue
Significant “value gap” due to absence of commercial dimension has emerged causing
damage to sports teams as well as broadcasting partner
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21. Determine Unemployment Risk Associated to Sports Industry
21
This slide covers information regarding the risk of unemployment associated to sports industry.
Global value of sports industry is forecasted at US$756
billion annually
Due to COVID 19 outbreak, millions of jobs are at risk at
global scale
People who are at risk of loosing their jobs
include sports professionals
Other people include –
• People involved in retail and
sporting service industries
associated to leagues and events
• People involved in travel, tourism,
transportation, cafeteria and
media broadcasting
23%
36%
15%
26%
Sports Pro Sports Retail Clubs & Gyms Fees Infrastructure, Food &
Beverage & Betting
US$ Billion
Global Revenues generated in Sports Industry
171
270
115
200
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22. Addressing Risk of Investment Pullback
22
This slide covers information regarding the risk of investment pullback on live sports sector due to recent COVID 19 pandemic outbreak.
No sports events due to pandemic results
in no benefits to sponsors from live events
No sports events results in no coverage &
hence event sponsors will have no scope to
launch their marketing campaigns, fan
engagement, other essential activities
related to rights & assets they acquired
If the sports events are postponed, these
events will not incur same value to the
sponsors, event venue, athletes, fans &
other key stakeholders
Sponsors are discussing in
terminating agreements
Postponement of major sports events such as
Tokyo Olympics will incur loss of US$2.45 billion
Cancellation of sports agreement results
in affecting bidding decision of sports
specialists’ firms in auctions
Revenue streams are
slowing down
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23. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Risk 5: Economic Instability and
Civil Unrest
• Rise of Economy Instability in Sports Sector
• How Risk of Civil Unrest Prevailing due to Pandemic
23
24. Rise of Economy Instability in Sports Sector
24
This slide covers information regarding the rise of economic instability on sports sector due to recent COVID 19 pandemic outbreak.
Due to pandemic, emergency situation
arises resulting in unexpected closures of
border and blockades
Ups and down in global economy has
impacted the collapse of sports industry
economic structure
The impact of pandemic on economies
leads to sports sector slowdown &
making it vulnerable
-3
-2
-1
0
1
2
3
4
5
6
No COVID - 19 Base Case (with COVID - 19) Risk Scenario: Pandamic
Economic Growth in 2020, %
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25. How Risk of Civil Unrest Prevailing due to Pandemic
25
This slide provides information regarding the risk of civil unrest prevailing due to COVID 19 pandemic with increase in protests during lockdown.
LIVE
With more than 24 lakh cases of
COVID – 19 and over 1,64,000
deaths, various countries are following
different degrees of restrictions &
lockdown measures to combat virus
Civil unrest have been taken places in
developing countries such as Kenya
and Lebanon as well as developed
countries like US and Italy
Many sports federation stakeholders
are tensed about finances
arrangements for fixed expenditures as
well as additional expenses for
essential changes, renovations &
maintenance of various sports activities
Hundreds of people are protesting
against coronavirus stay at home orders
in various parts of world as nearly 2
billion of people across the globe
depend upon daily work for survival
Anti lockdown protests and civil unrest
are being witnessed in several
countries due to potential rise in
poverty and inequality
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26. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Risk 6: Live Sports Broadcaster
• Risks Associated to Live Sports Broadcaster
26
27. Risks Associated to Live Sports Broadcaster
27
This slide covers information regarding the risks associated to live sports events broadcaster due to recent COVID 19 pandemic outbreak.
Note:
Cancelling or suspension of sports agreement will not only impact revenue(loss of pay – tv retail revenue of live sports by 4% in 2020) but also affect the
capability of sports – specialist firms in bidding in future rights auctions
Live sports events and
their television coverage
are considered as high-
profile casualties of COVID
– 19 shutdown
Disruption in live sports
broadcasting is considered
as key issue for operators
and pay-tv providers as live
sports content incur highest
per channel revenue of all
pay – tv services
Sports broadcast partners
are facing dilemma of
existing contracts and
cancellation of events
Broadcasters offering pause
to sport subscriptions leading
to short term losses leading
to deferral of subscription
income and might lead to
long term losses resulting
subscriber churn
Immediate shutdown of
sporting events across all
sports governing bodies
Major several pay – tv
providers discussion in
suspension of right
payments to sports leagues
that are cancelling matches
Broadcast partners are
seeking discussions on force
majeure clauses and
doctrine of contractual
frustration on highly
confidential clauses
Risk of rights owner negotiating
new deal against no events,
future of empty stadiums,
uncertainty on operations
revival resulting in significant
loss in value of rights
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28. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Business Impact Analysis
• Pandemic Severity Impact Assessment
• Business Impact Assessment during COVID 19 Pandemic
How Risks are Mitigated
28
29. Pandemic Severity Impact Assessment
29
The retail firm can examine severity impact assessment by identifying various concerns and their impact on business functioning and how much these concerns have
drastically impacted the firm’s performance.
1
(Least)
2 3 4
5
(Greatest)
Comments
Reduced Occupancy ✔ Add text here
Shortage of Supplies ✔
Add text here
Halted Operations ✔
Add text here
Add Text Here ✔
Add text here
Add Text Here ✔
Add text here
Add Text Here ✔
Add text here
I
M
P
A
C
T
A
R
E
A
Impact Severity
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30. Business Impact Assessment during COVID 19 Pandemic
30
This slide provides information regarding the business impact assessment that will cater critical issues that needed to be addressed in certain period and assessing their
impact on business operations.
Critical Function Staff get exposed to infected coronavirus person
BIA Owner Stella Thetcher
Assessment Date 3 May 2020 Review Date 4 May 2020
Critical Function Priority Very High
Time Impact
First 24 Hours Half operations
24 – 48 Hours Sanitize workplace
Up to 1 Week
Up to 2 Weeks
Time People Premises Technology Information Suppliers & Partners
First 24 Hours
Quarantine affected person
& his coworkers
Sanitize area
Necessary
communication
to stakeholders
Necessary
communication
24 – 48 Hours
Up to 1 Week
Up to 2 Weeks
Requirements
for
Recovery
Impact
on
Business
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31. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Risk Readiness Assessments
• Readiness Assessment to Ensure Business Preparedness
during Pandemic
• Evaluating Financial Practices in Firm
How Risks are Mitigated
31
32. Readiness Assessment to Ensure Business Preparedness during Pandemic
32
Is sports association prepared for the impact of COVID – 19 and assuring hygiene and
sanitization as key priority
Is sports association able to continue business operations if many people from staff is
sick and unable to work
Does sports federation have right resources in place to execute critical business and
operational processes
Is sports federation capable in handling permanent changes to hotel operations that
needs to be taken in considerations
Does sports association as prepared itself in taking opportunities that arise like live
streaming of sports events at online platform
Is sports association capable in handling changed demand patterns post pandemic
Is sports association capable enough in resuming its normal business operations after
major disruption to business and maintaining strong relationship with broadcaster
Response
› Yes
› No
› Yes
› No
› Yes
› No
› Yes
› No
› Yes
› No
› Yes
› No
› Yes
› No
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This slide covers information regarding the readiness assessment to ensure federations, associations, clubs associated to sports sector are well prepared to resume
operations during and post pandemic.
33. Evaluating Financial Practices in Firm
33
The firm can track the financial performance by looking the financial practices it follows in order to avoid any early signs of financial distress.
Our firm follows accounting practices which conform to generally accepted standards
The firm has appropriate system to provide information needed by Board and
employees to make sound financial decisions and to fulfill government requirements
The firm prepares financial statements on a budget vs actual for better understanding
of finances
The firm prepares annual comprehensive operating budget which includes all
operational costs and all source of funding
The firm reconciles all cash accounts monthly
The organization prepare cash flow projections to ensure enough cash in one hand to
pay short term expenses
Add text here
Add text here
Add text here
Add text here
PARAMETERS
Met Needs Work Not Applicable
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34. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Risk Management Plans
• Risk Assessment Matrix in Pandemic Situation
• Risk Contingency Plan for COVID 19
• Risk Management Action Plan
• Risk Mitigation Strategies for Sports Sector
• Sports Industry Action Plan for Ensuring Players Protection
• Risk Mitigation Measures for Sports Event Organizers
How Risks are Mitigated
34
35. Very Likely
Likely
Unlikely
Very Unlikely
Extremely Unlikely
Risk 4
Risk 1
Risk 2
Risk 3
Minor Limited Very Serious
Serious Catastrophic
Severity
Risk Assessment Matrix in Pandemic Situation
35
The risk assessment matrix is an effective tool that helps in evaluating risk by considering the probability of risk to happen against the severity linked with potential
risk available.
L
I
K
E
L
I
H
O
O
D
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36. Risk Contingency Plan for COVID 19
36
The risk management worksheet will help in keeping the track of various issues(concerns) that are existing in the firm by looking at the initial level of risk associated with
them and the residual risk that is the amount of risk which remains after the inherited risk which the firm has tried to reduce through risk control measures.
Risk Priority
(1-5)
Identified
Risk
Initial
Risk
Risk
Likelihood
Risk
Severity
Implement
Controls
Residual
Risk
Responsible
Person
1
Coronavirus
transmission
through exposure
to infected person
High Likely Very Serious
› Personal
Protective
Equipment
› Workplace
sanitisation
Low Store Manager
2 Supplies shortage High Unlikely Very Serious
Supply and
distribution
planning on
weekly basis
Add text here
Procurement
Manager
3 Add text here Add text here Add text here Add text here Add text here Add text here Add text here
3 Add text here Add text here Add text here Add text here Add text here Add text here Add text here
4 Add text here Add text here Add text here Add text here Add text here Add text here Add text here
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37. Risk Management Action Plan
37
The risk management action plan will help in keeping the track of potential risks that are existing and what are their level, what are the resources required to handle
them. The person responsible in handling the risk will keep track of the risk resolve duration and will check whether the risk is treated or not.
Potential
Risk
Risk
Level
Reason for
Risk Rating
Action
Required
Resources
Responsible
Person
Duration
Communica
-tion
Risk
Treated
Review
Date
Coronavirus
transmission
through
exposure to
infected
person
High
Confidential
information
security
at risk
Quarantine
person
Sanitize area
Personal
protective
equipment
Store
manager
Within 24 hrs
Coordination
with health
association
Yes 4 May 2020
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Risk level : - Low – L; Moderate – M; High – H; Extreme – E
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38. Risk Mitigation Strategies for Sports Sector
38
This slide covers information regarding risk mitigation strategies for various people involved in sports sector during and post recent pandemic outbreak.
Major sporting associations have shows interests and efforts to reduce the coronavirus spread
FIFA has associated with World Health Organization and launched “Pass the message to kick out campaigns”
campaign with well famous football players in 13 languages
Campaign involved urging people follow five key steps in order to spread of pandemic focusing on hand washing,
coughing etiquette, avoid touching one’s face, social distance and stay at home if unwell
Many international sport for development and peace organizations are collaborating in order to aid each other through
online community discussions and discuss about challenges and issues at periodic basis
Participants involved in such online discussions are implementing innovative solutions to cater major social issues
Identification of various ways through which sporting organizations can aid vulnerable people who participate in
sporting programs and belong to low income communities and are not able to participate due to movement restriction
Sports education sector have been affected due to pandemic affective stakeholders such as national ministries, local
authorities, sports organizations and athletes, coaches, young learners
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39. Sports Industry Action Plan for Ensuring Players Protection
39
This slide covers information regarding the action plan prepared in order to ensure player protection in sports industry.
Prioritizing player care, health, safety and well being during all decision-making process
Federations, clubs, should address shortcomings, issues in professional games and
develop global labor standards in order to improve working conditions of players
Prepare financial measures and conditions for required players, clubs and competitions
Ensuring security of pre- crisis investments and are not withdrawn from game in order to
sustain and momentum building
Ensuring no player is excluded from any financial assistance, incentive, remuneration
program or activity based on gender, caste or creed
Prepare system comprising of solidarity and support in sports industry to ensure sports
do not suffer extreme damage
Inclusion of sports industry with government funding especially for vulnerable
organization such as small and medium sized sports clubs
40. Risk Mitigation Measures for Sports Event Organizers
40
This slide covers information regarding the risk mitigation measures taken by sport event organizers.
Categorizing Sports in Lower and Higher
Risk Segment
Sports such as archery, shooting, few athletics
activities are considered lower risk sports with
minimum virus exposure with possible social
distancing for athletes, coaches and spectators
Contact sports are considered higher risk sports with
increase in risk of COVID 19 transmission
• Maintain daily health checklist of competitors
• Physical separating of competitors, officials,
spectators and support staff
• Deep sanitization and cleaning before, in between
and after matches
• Prohibition on equipment sharing such as water
bottles, cups
• Closed containers for reusable and disposable
hygiene materials
Event Size
Maintenance of social/physical distancing for
spectators and support staff during event
Essential parameters need to be addressed before
planning of sports events such as
• Participants
• Spectators
• Host country
• Venue with designated seats for widely spread
viewers in order to ensure physical distancing
• Contact tracing
• Temperature monitoring at entrances
• Visual reminders, stickers, wrist stamps in order to
avoid incidental contact
Points to Consider Description Risk Mitigation Measures
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41. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Business Continuity Plans
• Bridging Value Gap Between Sports and Broadcasting Partner
• Addressing Fan Engagement Challenge
• Curbing Impact of Social Distancing due to COVID 19
• How to Handle Supply Chain Disruption
• Workforce Assistance Program
How Risks are Mitigated
41
42. Bridging Value Gap Between Sports and Broadcasting Partner
42
This slide covers information regarding the bridging the value gap between sports and broadcasting partner associated to live sports.
Both parties are facing risk of major decline in viewers/subscribers
Both parties need to find creative ways to bridge the value gap
Increasing number of Premier League matches made available for screening on various
broadcasting platform for future seasons
Live streaming of matches for pending (remaining) Premier League and English
Football League seasons
Increased access to teams and players during and around live sports and enhanced
access granted to producers of club documentary films
Contractual approach with increased fees on sports events after operations get resume
Right owners can seek extension on existing broadcasting deals on short term basis at
reduced rates
Value
Gap
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43. Addressing Fan Engagement Challenge
43
This slide covers information regarding the various ways through sports fan engagement can be assured.
Sports federations, clubs, associations, broadcaster feel that
live content is essential for fans engagement but reality is that
they find archive, old players footages interesting
Sports specialists should promote such content on
online platform and help fans stay engage to sports till
resuming of live sports
Player/athlete at
home content
Video games
and eSports
New
documentaries
and interviews
Content industry professionals thinks fans wants most
Archive
footage highlights
Archive
documents
and interviews
Role of sports in
helping community
What sports fans really wants
Note
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44. Curbing Impact of Social Distancing due to COVID 19
44
This slide covers information regarding the combating the impact of social distancing due to COVID 19.
01
02
03
04 05
06
07
08
Performing fitness activities such as stretching,
climbing stairs and dancing
Addressing various resources on online platform
on how to stay active during pandemic
Practicing physical fitness games for
strength improvement appropriate all ages
and can be used in small spaces
Sports associations can create online content such as
tutorial tailored to cater different people
Educational institutions can provide online learning
courses for students to train at home
Many fitness studios are offering discounts,
reduced rate subscriptions to apps and online
video and audio classes of different duration
Many associations provide fitness
demonstration on social media platforms
Virtual training for leagues, coaches & young people to stay
active & engaged in sports activities while staying at home
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45. How to Handle Supply Chain Disruption
45
This slide provides information regarding how supply chain disruption are handled by streamlining overseas operations, optimizing sources, better decision making.
Streamlining
Overseas Operations
• Firms can manage end to end
supply chain by implementing
centralized cloud- based solutions
for all systems integrations aiding
procurement teams to handle
critical supply chain activities and
financial inventory
• Add text here
• Optimize supplier auditing,
compliance verification,
supplier selection and
onboarding processes
• Automate invoice auditing in
order to gain visibility about
additional tariffs
Better Decision Making
• Cloud based supply chain
management platform will
allow firm in contractor
management, risk
management, and compliance
• It will aid distributors while
entering new markets or new
supply partners to handle new
tariffs in order to get insights
about new contractor and
supplier requirements
Optimizing Sourcing
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46. Workforce Assistance Program
46
The workforce assistance program will help firms in enhancing their well being at workplace and enable them to handle critical situations during pandemic. This program
will render services like clinical services, work and life services and employer services, etc.
Articles
Online
Resources
Content &
Interactive Tools
for Wellness
Emotional
health
Work Financial &
Legal Issues
Life
Offline Resources
Wellness Expert
Consultant
Add text here
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Clinical Services
• Face-to-face consultations
• Personal/family, work related,
substance abuse and emotional
health issues
Work & Life Services
• Child/elder care consultation
and referral
• Legal consultations
• Financial consultations
• Concierge services
Employer Services
• Management consultations
• Formal referrals
• Critical incident stress
debriefings(CISD)
• Training and
organizational development
47. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Policy Management
• Guiding Principles for Sports Sector and Community to Combat
COVID 19
• Live Sports Events Organizer Guidelines
• Post Pandemic Aid to Employees Associated to Sports Sector
How Risks are Mitigated
47
48. Guiding Principles for Sports Sector & Community to Combat COVID 19
48
This slide covers information regarding the guiding principles for sports sector and community in order to combat COVID 19.
Sports play vital role in
overcoming world from COVID
– 19 by inspiring, educating
and commitment in order to
stay healthy
Athletes and associated sports
people can provide community
with best and updated information
in context to public health,
medical, legal advice, political &
economic consideration
Sports community should
sustain internationally
recognized human and labor
rights of athletes and safety to
fans or general public
Sports community should
consider physical, mental
and social wellbeing of
individual development
Huge sporting events should only
commence if public health is
secured, sports integrity is
safeguarded, beneficial for sports,
athletes, and nations
Sports play crucial role in community
and economies rebuilding by uniting
all stakeholders and planning long
term recovery of sport industry
Purpose of sports is to serve the
common interest of all stakeholders
such as sports governing bodies,
athletes, broadcasters, sponsors and
other affected group
Addressing various risks
associated to athletes and
associations through consistent
communication in order to build
sense of trust and confidence
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49. Water bottles should be labelled & washed after each
practice or game
Capability in handling isolated suspected cases such as
team officials, event staff, volunteers
Advising sports persons to not touch own mouth or nose
Maintain proper hygiene signage across all venues,
stadium, changing rooms, training facilities, etc.
Proactive checking of participating athletes in any sports events
Avoid hand shaking or hugging
Protocol for the usage of water bottles by ensuring all staff & officials
have their own water bottles in order to prevent virus transmission
Avoid steam saunas
Addressing first aid & medical devices & medical providers
who are able to perform triage and refer suspected infected
cases for COVID 19 testing
Ensuring regular sanitization of frequently touched items
Ensuring access to handwashing, alcohol based hand gels with
appropriate hygiene facilities at various locations during event facility
Live Sports Events Organizer Guidelines
49
This slide covers information regarding the guidelines for event organizers organizing live sports events in order to ensure maximum safety.
Personal Package of Tissues Medical Mask Thermometer Hand Sanitizer
Disposable Drinking Cups Laminated Prevention Card with
Reporting Information
Providing individual prevention packages to individual athlete including
Alcohol based Hand Wipes
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50. Post Pandemic Aid to Employees Associated to Sports Sector
50
This slide covers information regarding the post pandemic aid to employees associated to sports sector.
Local workforce can be financially supported through
collaborative initiative with government
Businesses & government implement combination
of measures in order to avoid employee layoffs
Staff training and development programs aided by government
during unemployment periods through digitalized platforms
during pandemic
Some firms are partnering with other firms in various sectors such
as retail, grocery, senior living, etc. that are actively hiring short –
term/part – time employees to place their staff (might lose their job)
Flexible and reduced working hours or part
time employment
Compulsory annual leaves in specific months
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51. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Incident Management
• Incident Management Summary Report
• Ensuring Staff Safety to Avoid Critical Incident
• Necessary Communication to Consumers Associated to Live
Sports Sector
How Risks are Mitigated
51
52. Incident Management Summary Report
52
This slide can be utilized to report any workplace incidents. After filling this form it will be forwarded to Business unit safety director and HR representative.
Type of Incident
• Coronavirus Exposure Threat
o Electrical Shock
o Heat Illness
o Entrapment
o Fainting/Loss of Consciousness
o Burn
Employees Involved • One
Exact Location of Incident • Reception Area, Hotel Premise
PPE Worn by Employee at Time of Exposure
• None
o N95 Dust Mask
o Eye Protection
o Foot Protection
Time of Incident 24 April 2020, 1:00 PM
Outside Emergency Assistance (check one) ✔ Ambulance ✔Police Fire Other
Detailed Description of Event • One hotel staff get exposed to infected coronavirus person
Action Duration • Within 24 hrs
Corrective Management Action Plan
• Immediate isolation of infected staff is done and informed the coronavirus handling team, police
• Sanitizing the infected area
• Quarantine of staff
53. Ensuring Staff Safety to Avoid Critical Incident
53
Tracking Employee Location
Tracking whether employee is working from home or performing critical tasks at work location to handle risk
of exposure
Health Status Tracking
Health status of employee is registered in order to track coronavirus affected employee & impacted coworker
Effective Communication
Real time location-based notification and employees get update about critical health and safety information
Implementing Human Capital Management approach in order to manage existing talent gap for effective
management of people
Employee Safety Monitoring Aid employers in tracking their associates during crisis
COVID -19 Learning Portal to aid employers/workers get updates about COVID -19 related resources
Online Employee Wallets helps users to access earned wages on demand and to keep them financially sound
Employee Safety Monitoring
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» Helps organizations in ensuring the safety of employees during business operations
» Effective tool for tracking employee location, health status and emergency contact information
This slide provides information regarding ensuring of staff safety at workplace to avoid critical incident.
54. Necessary Communication to Consumers Associated to Live Sports Sector
54
This slide covers information regarding the essential communication that firms associated to live sports sector and its staff will perform in order to inform their viewers.
Communication at Online Platform
Deliver pop up messages to customers about
latest bookings
Prepare news article of blog post with essential
details about coronavirus
Communicate essential details to strengthen
public relations
Communication at Event Facility (stadium)
Clinical characteristics of COVID – 19 and preventive
measures including details about respiratory etiquettes and
hand – hygiene practices
Informing about physical distancing to avoid any
critical incident
Informing about face coverings and medical masks
Informing individual about practical importance of
quarantine, self isolation and self monitoring during event
Informing athletes & team staff about COVID – 19 situation
regarding the place where they are performing, training
» Firms associated to live sports sector (whether broadcaster, sports federations, etc.) should utilize their website as it is considered as
primary source of communication with consumers
» They should post essential and latest updates on website and other social media platforms
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55. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Role of Government Assistance in Reviving
Sports Sector
• Add text here
• Add text here
• Add text here
How Risks are Mitigated
55
56. Role of Government Assistance in Reviving Sports Sector
56
Football Association are financially backed by government in order to
provide funds to club aid them during pandemic
These funds will be in exchange for minority shareholding up to 49 percent
Funding will help the associations in meeting short term liabilities
Help in restructuring finances, instead of recruiting new players
Aiding stakeholders to work in collaboration as a team in order to address
current challenges and to facilitate future sports events safely
Government & intergovernmental organizations are aiding
sports federations, clubs and organizations across the
globe with guideline related to safety, health and labor with
international standards and protocols related to future
sports events ensuring safe working conditions
Governments are collaborating with health care services,
schools and society organizations to encourage physical
activity at home and enhancing access to online resources
to facilitate sports activities
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This slide covers information regarding the role of government assistance in reviving sport sector due to recent pandemic outbreak.
57. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Risk Response Plan for Sports Sector Firms
during COVID – 19
• Add text here
• Add text here
• Add text here
How Risks are Mitigated
57
58. Risk Response Plan for Sports Sector Firms during COVID – 19 (1/3)
58
This slide provides information regarding the risk response plan that is implemented by firms associated to sports sector to ensure smooth operations during COVID 19 in
terms of employee protection, developing cross functional response team.
Action Step Description
Employee Protection
• Follow conservative guidelines issued by local and global health authorities
• Frequent communication with employees – employee support as per health guidance
• Benchmarking efforts (for ex – avoid employees nonessential travel)
Developing Cross
Functional
Response Team
• Dedicated cross functional team governed by CEO
• Develop workstreams such as –
o Employees
o Financial – stress testing and contingency plan
o Supply chain
o Marketing and Sales
o Other essential constituencies
• Establish planned 48 hrs. and 1-week goals for each workstream
• Select minimum viable products -
o 6 – week milestones calendar
o 1 – page action plan for each workstream
o Progress and Triggers dashboard
o Threat map
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59. Risk Response Plan for Sports Sector Firms during COVID – 19 (2/3)
59
This slide provides information regarding the risk response plan that is implemented by firms associated to sports sector to ensure smooth operations during COVID 19 in terms of ensuring
liquidity, supply chain stabilization.
Action Step Description
Ensure Liquidity
& Develop
Contingency Plan
• Develop planning scenario and identify variables that will impact revenue and cost
• Implement cashflow, P&L and balance sheet in each scenario, identify triggers that significantly impact liquidity events
• Stabilize organization in each scenario with each trigger- based moves in each scenario such as optimization, cost
reduction, portfolio optimization through divestments
Supply Chain
Stabilization
• Identify extent and timing of exposure to areas that are facing community transmission to deal with tier – 1,2,3 suppliers and
inventory levels
• Immediate stabilization through
o Critical parts rationing
o Optimize alternatives
o Increase supplier production at priority basis
• Long term stabilization through –
o Demand planning and network optimization
o Drive flexibility in supply chain
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60. Risk Response Plan for Sports Sector Firms during COVID – 19 (3/3)
60
This slide provides information regarding the risk response plan that is implemented by firms associated to sports sector to ensure smooth operations during COVID 19 in
terms of customer centric approach, purpose demonstration, etc.
Action Step Description
Stay Near to Customers
• Immediate stabilization such as -
o Inventory planning
o Discounts
o Immediate price changes
• Long term stabilization such as
o Investment in priority segment for long term growth
In Depth Exercise Plan
with Top Team
• Develop activation protocol for several response phases such as contingency planning
• Considering key activities such as –
• Clarity on decision made by owner
• Well defined roles of team member
• Actions and investments required for plan
Purpose Demonstration
• Aid epidemic efforts when necessary
• Add text here
• Add text here
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61. Table of Contents for Coronavirus Impact Assessment & Mitigation
Strategies on Live Sports Industry
LIVE
Risk Maturity Model Survey Questionnaire
• Addressing Present State of Risk Maturity Model
• Determine Enterprise Risk Management Growth
• Determining Various Departments Crucial for
ERM Implementation
• Determine Critical Functions Performed by Risk
Managers using ERM
How Risks are Mitigated
61
62. Addressing Present State of Risk Maturity Model
62
This slide provides information regarding the addressing of present state of risk maturity model and how many organizations have completed risk maturity model.
Since 2006, approximately 46% of world’s nations
have organizations that have completed risk
maturity model
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63. Determine Enterprise Risk Management Growth
63
This slide provides information regarding the growth of enterprise risk management with passage of time and addressing organizations are partially and fully integrated.
0
5
10
15
20
25
30
35
40
45
2009 2011 2013
Fully Integrated Partially Integrated
The survey result suggested that
almost 63% of organizations claim
to have integrated Enterprise Risk
Management programs partially
Financial department plays vital
role in organization’s Enterprise
Risk Management program
Risk Management function
handles the Enterprise Risk
Management program
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64. Determining Various Departments Crucial for ERM Implementation
64
This slide provides information regarding the various departments that are considered crucial for Enterprise Risk Management implementation.
The survey result covers information
regarding the departments that are
responsible for Enterprise Risk
Management implementation
Various departments are
• Risk Management
• Audit
• Legal
• Compliance
• Strategy
The Risk Management department is
mostly responsible for ERM
implementation, followed by other
department and audit
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60%, Risk Management
17%, Other
11%, Audit
7%, Legal
2%, Compliance 3%, Strategy
65. Determine Critical Functions Performed by Risk Managers using ERM
65
This slide provides information regarding the addressing of critical functions performed by risk managers using Enterprise Risk Management.
The Risk Managers perform vital information such as
• ERM reporting and analysis
• Vendor management
• Project management
• Business continuity
• Financial reporting
• Internal audit
• Insurance and safety
Mostly, Risk Manager use ERM for performing
tasks such as ERM reporting and analysis
followed by business continuity, project
management and insurance and safety
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80%
ERM Reporting & Analysis
12.6%
Vendor Management
34.7%
Business Continuity
29.4%
Insurance & Safety
10.5%
Financial Reporting & SOX
25.3%
Internal Audit
33.7%
Project Management
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66. Icons Slide for Coronavirus Impact Assessment and Mitigation Strategies on Live Sports
66
68. Our Mission
68
Our Vision
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Our Mission
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Our Goal
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69. Our Team
69
Name Here
Key Qualification
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Name Here
Key Qualification
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Name Here
Key Qualification
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70. About Us
70
Text Here
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71. Comparison
71
36% 70%
Female Users Male Users
Facebook Users
in USA
Demographics: Gender
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72. Location
72
Australia
USA
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capture your audience's attention.
49.4% Men
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49.8% Men
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Population
73. Post it notes
73
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74. Timeline
74
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2015
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2016
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2017
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2018
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2019
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2020
75. Financial
75
25% 45% 75%
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Minimum
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Medium
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Maximum