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CEO's First Steps
Henry Ford, Ford Motor Company founder, was the first person to think for the employees rising the wage and reducing the working hours. It was the first decision that included the employees rather than just considering the benefits of the company. This gave workers the chance to buy more goods and services, starting a positive economic cycle for people to grow economically, as well as creating a feeling of loyalty and increased productivity within the companies. -
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Baby Boom
The "Baby Boom" period influenced more than ever the transition of the CEO role. This led to an expansion around the cities creating a lot of necessities to be covered, changing the focus of agriculture and manufacturing economic model of companies, into a service one. This extended expectations across the globe because of the speed things were getting developed, making companies fulfill their client's requirements. -
Development
Around the 1960s, when Europe and Japan were recovering from WWII, they started to compete in the U.S. markets. Companies having to compete against international competitors, and under the pressure from the American government to keep on track with their developing policies about the environment, CEOs shifted from the idea of only self-welfare, onto the expansion in the market and progression of their companies against the competitors. -
Transition
With the "Globalization" taking place around the World, CEOs needed to be more prepared in the rapidly developing World. Leaders stopped being just "family" and inheriting the companies, but rather study a bachelor's degree and develop knowledge about possible outcomes in the business world. CEOs understood the importance companies had in natural culture, creating more jobs to raise the standard of life in every sector of society. -
Focus
Around this period of time, companies in sectors such as oil, transportation, entertainment, and technologies started to shift their focus once again into investor returns. Many companies started going public to raise more capital and that way being able to expand in less time; incentivizing people to invest accelerated the expansion of businesses. CEOs needed to make decisions faster and started to make them based on how the value of the company would look in the market. -
Adjustment
With more people following sports every year, everyone needed to innovate in new ways to attract audiences; from teams that needed to raise their revenue and their performance, to TV companies that needed to engage more, and basically, every sector needed to follow the path technology was taking to stay on track on how the future was going to be. -
Sports Boom
Just after the Great Recession, sports industry was one of the few that did not feel the crisis as much as other sectors. Development of new technology was on its way and CEOs started realizing what the impact of sports was on the culture. They focused on how the sports industry could expand during hard times around the World, and the answer was by diversification. Preparation became vital to face these huge challenges, encouraging CEOs to get a master's and more experience around the market. -
"Flatter Economy"
In times where expansion was slowing down, but volatility in the market started to show, CEOs once again needed to shift their focus into finding a stable sector and find a way to connect "old" and "new" models of the workforce. CEOs needed to attract new talent for new ideas while retaining old ideas and values for that the companies didn't lose their "identities" in such an unstable world. CEOs needed to become leaders being available and prepared all the time for any situation. -
Technology>Humans?
Technology developed more from 2010 to 2017 than in the last hundred years. This created a challenge for CEOs to decide where to implement Artificial Intelligence and where not to. While AI could be more productive, it did not have human decision-making. This created the sports sector to develop in unimaginable ways of how to improve performance and productivity, but could not make athletes perform or act as robots, making CEOs decide where to innovate and where to stay "traditional." -
Nowadays
The sports industry gained even more weight during COVID-19. People now have gained conscience that exercising is better for health, and sports was the only real entertainment while the world was in quarantine. The number of people exercising increases every year and will continue for the next couple of years. The challenge now for the CEOs is to keep growing the industry, by expanding the boundaries of marketing and merchandise around every region and get to every corner of the globe. -
Upcoming Challenges
In the near future, CEOs of soccer teams will be in a constant fight against the magnates who own teams and invest huge amounts of money in the market. CEOs will have to use AI more than ever in order to be able to compete against teams that have the power of money. Decisions will need to be made even faster and will need to rely on technology, shifting the traditional model of the human workforce into a "robotic" one, reducing the margins of error for the upcoming CEOs in the industry.