Wednesday 29 October 2014

Idea Generation


Idea Generation


Idea Generation is the first stage in the eight stage New Product Development process. This process is vital within the sporting industry because of its ever changing nature and consumers are always demanding a new experience. Consumers may want a new innovation of an already established sport or just a completely new sport for them to enjoy. Established sports may have to create new interest due to declining numbers watching and participating, therefore sports governing bodies invest huge amounts of time and money into coming up with new bright ideas to reinvigorate the sport. The use of areas such as research and development can help show what the consumer wants most and how sports can provide this. Beech and Chadwick (2013) state that the idea ‘stage may well be the most critical stage’; this justifies the time and effort put into researching and coming up with new variations to attract attention within the sport.

Examples of where the idea generation stage has been a success is in T20 cricket. The England and Wales Cricket Board (ECB) had to come up with a new idea to reinvigorate the game due to reduced spectators and a lack of sponsorship. The idea was create a shorter and fast-moving new format to encourage younger people to come and watch the cricket again after being put off by the prolonged formats of the game. This made the game much more attractive for people and families to come and watch, therefore appealing to a wider audience. The first T20 game took place in 2003 and has since become a worldwide revelation. Leagues have been founded throughout the world from cricket-mad India to Canada. To see the success of this new format you only have to look at the Indian Premier League (IPL) and The Big Bash in Australia which both attract huge crowds and sponsorship from multi-national corporations such as KFC who sponsor the Big Bash. This new format has been very successful and has brought a huge amount of interest back to cricket.

Other sports are also investigating new ideas. A new format of golf is being thought of to get a larger interest in the game away from the four majors and the Ryder Cup. This new format will create a number of franchises around the world and auction off the world’s best players and then they will play in a league format. This will create interest in golf throughout the year and will give spectators a team to support and watch throughout the season in which the league would run.

Another idea is an F1 relay format where you could have different makes of car such as F1, GP 2 and other forms of racing cars all together in one event. Teams would have a choice of which car went at certain parts of the race and what driver raced when so it would be exciting new format.

Reference List

·         Beech, J. and Chadwick, S. (2013) The Business of Sport Management. 2nd Edition. Harlow: Pearson