Risk management for the Olympics and FIFA World Cups

Jennings, Will (2016) Risk management for the Olympics and FIFA World Cups. In, Frawley, Stephen (ed.) Managing Sport Mega-Events. Routledge.

Record type: Book Section

Abstract

The continued boom in the mega-event industry and its recent movement into emerging markets and non-democratic states has left it facing an array of new and often poorly understood dangers. Over the next decade, the Olympics and the FIFA World Cup will be held in a number of emerging states against a backdrop of ever-changing global risks. Rising costs and revenues mean that the financial stakes of these mega-events continue to grow. Meanwhile event logistics become ever more complex and embedded within an international network of stakeholders, experts, corporate firms and supranational authorities. In recent decades both the IOC and FIFA have been hit by major scandals regarding their governance and corruption in awarding of events. The proliferation of risks associated with the organisation of mega-events, and the apparent risk appetite of governing authorities in selection of event hosts, is at odds with the preoccupation of organizers with questions of safety, security, resilience, and the management of risk. Indeed, risk management is now an integral feature of the organisation of contemporary mega-events such as Olympics and World Cups

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