TY - JOUR
T1 - The FTSE-British Olympic Association Initiative
T2 - A resource dependence perspective
AU - Morrow, Stephen
AU - Robinson, Leigh
N1 - Funding Information:
The institutional environment within which Olympic NGBs find themselves is multi-faceted. The BOA is the primary organisation responsible for promoting the Olympic movement throughout the United Kingdom and hence it works closely with Olympic NGBs. However, the BOA is independent and receives no public funding from the lottery or government, being reliant on income generated from fundraising and events. The Olympic NGBs do receive public funding from national sporting agencies like UK Sport and Sport England, agencies which themselves are funded directly by government. NGBs are accountable to these agencies for performance against agreed delivery plans and against various targets set out therein. While public funding is vital for the NGBs, in itself it does not allow them to access all of the resources they need to survive and to thrive. As a result, NGBs seek to generate income from various sources including sponsorship, events and membership. The FTSE-BOA partnership scheme is a further opportunity through which Olympic NGBs get facilitated access to critical resources, tangible or intangible.
PY - 2013
Y1 - 2013
N2 - The Financial Times Stock Exchange (FTSE)-British Olympic Association (BOA) Initiative, a partnership scheme initiated in 2007 between a number of FTSE 100 companies and Olympic National Governing Bodies (NGBs) in the UK, seeks to improve the effectiveness of the Olympic NGBs delivery and subsequent performance through the provision of support in-kind from the corporate partner. The paper uses resource dependency theory to analyse the partnerships within the Initiative, focusing primarily on the operation and benefits of those partnerships from the perspective of the Olympic NGBs. Despite being the less powerful party in the partnership, the NGBs are able to use the partnerships to acquire critical resources. While the benefits received by the companies are softer and more social in nature, nevertheless they demonstrate mutual dependency between the partners. This knowledge provides an incentive for NGBs to engage in co-optation and constraint activities as a way to strengthen the dependency relationships and protect their position.
AB - The Financial Times Stock Exchange (FTSE)-British Olympic Association (BOA) Initiative, a partnership scheme initiated in 2007 between a number of FTSE 100 companies and Olympic National Governing Bodies (NGBs) in the UK, seeks to improve the effectiveness of the Olympic NGBs delivery and subsequent performance through the provision of support in-kind from the corporate partner. The paper uses resource dependency theory to analyse the partnerships within the Initiative, focusing primarily on the operation and benefits of those partnerships from the perspective of the Olympic NGBs. Despite being the less powerful party in the partnership, the NGBs are able to use the partnerships to acquire critical resources. While the benefits received by the companies are softer and more social in nature, nevertheless they demonstrate mutual dependency between the partners. This knowledge provides an incentive for NGBs to engage in co-optation and constraint activities as a way to strengthen the dependency relationships and protect their position.
KW - Cross sector partnerships
KW - Olympic National Governing Bodies
KW - Resource dependence theory
UR - http://www.scopus.com/inward/record.url?scp=84889579594&partnerID=8YFLogxK
U2 - 10.1016/j.smr.2013.01.002
DO - 10.1016/j.smr.2013.01.002
M3 - Article
AN - SCOPUS:84889579594
SN - 1441-3523
VL - 16
SP - 413
EP - 423
JO - Sport Management Review
JF - Sport Management Review
IS - 4
ER -