IDEAS home Printed from https://ideas.repec.org/a/isp/journl/v18y2024i1p251-259.html

Exploring Human-Centered Philosophy In Sport: The Case Of Red Bull Salzburg

Author

Listed:
  • Zbigniew Waśkiewicz

Abstract

This study explores the application of human-centered philosophy in sports, focusing on Red Bull Salzburg's integration of this approach into its management practices. Since its acquisition by the Red Bull Group in 2005, the club has transformed from a traditional football entity into a globally recognized brand by prioritizing player development, community involvement, and ethical values. Led by Dietrich Mateschitz, this shift emphasizes holistic growth, fostering both personal development and social responsibility. This research highlights how philosophical principles, including ethical considerations and intrinsic values, enhance human experience in sports. Red Bull Salzburg's commitment to inclusivity, personal growth, and community engagement is a model that balances business success with human values. The club’s youth academy, fan culture, and community initiatives focus on nurturing life skills and psychological well-being and creating inclusive environments. Although initially criticized for its corporate restructuring, Red Bull Salzburg has successfully balanced its commercial achievements, generating €463 million in transfer profits over the last decade, with a human-centered philosophy. This approach shows how sports organizations can prioritize human dignity and ethical values while achieving financial success, thereby offering a sustainable model for the future of sports management.

Suggested Citation

  • Zbigniew Waśkiewicz, 2024. "Exploring Human-Centered Philosophy In Sport: The Case Of Red Bull Salzburg," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 18(1), pages 251-259.
    • Handle: RePEc:isp:journl:v:18:y:2024:i:1:p:251-259
    as

    Download full text from publisher

    File URL: https://www.scientific-publications.net/get/1000066/1730643635308137.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Stefan Szymanski & Stefan Késenne, 2010. "Competitive Balance and Gate Revenue Sharing in Team Sports," Palgrave Macmillan Books, in: The Comparative Economics of Sport, chapter 7, pages 229-243, Palgrave Macmillan.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jason Winfree & Rodney Fort, 2013. "Reply to Szymanski’s “Some Observations on Fort and Winfree ‘Nash Conjectures and Talent Supply in Sports League Modeling: A Comment on Current Modeling Disagreements.’â€," Journal of Sports Economics, , vol. 14(3), pages 327-329, June.
    2. Harrie A. A Verbon, 2007. "Migrating Football Players, Transfer Fees and Migration Controls," CESifo Working Paper Series 2004, CESifo.
    3. Sami Dakhlia & Paul Pecorino, 2006. "Rent-seeking with scarce talent: A model of preemptive hiring," Public Choice, Springer, vol. 129(3), pages 475-486, December.
    4. D'ora Gr'eta Petr'oczy & L'aszl'o Csat'o, 2019. "Revenue allocation in Formula One: a pairwise comparison approach," Papers 1909.12931, arXiv.org, revised Dec 2020.
    5. Fort, Rodney & Maxcy, Joel & Diehl, Mark, 2016. "Uncertainty by regulation: Rottenberg׳s invariance principle," Research in Economics, Elsevier, vol. 70(3), pages 454-467.
    6. Stefan Szymanski, 2013. "Wages, transfers and the variation of team performance in the English Premier League," Chapters, in: Plácido Rodríguez & Stefan Késenne & Jaume García (ed.), The Econometrics of Sport, chapter 3, pages 53-62, Edward Elgar Publishing.
    7. Mongeon, Kevin & Winfree, Jason, 2012. "Cross-ownership, league policies and player investment across sports leagues," MPRA Paper 39218, University Library of Munich, Germany.
    8. Oliver Gürtler & Markus Lang & Tim Pawlowski, 2015. "On the Release of Players to National Teams," Journal of Sports Economics, , vol. 16(7), pages 695-713, October.
    9. Thomas Peeters, 2021. "Remembering Stefan Kesenne (1950–2021)," Journal of Sports Economics, , vol. 22(7), pages 739-743, October.
    10. Stefan Szymanski, 2010. "Teaching Competition in Professional Sports Leagues," The Journal of Economic Education, Taylor & Francis Journals, vol. 41(2), pages 150-168, March.
    11. Markus LANG & Alexander RATHKE & Marco RUNKEL, 2010. "The Economic Consequences Of Foreigner Rules In National Sports Leagues," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 31, pages 47-64.
    12. Ted Hayduk, 2022. "Association membership, election cycles, and political donation patterns," Economics of Governance, Springer, vol. 23(3), pages 359-384, December.
    13. Helmut Dietl & Markus Lang & Cornel Nesseler, 2017. "The Impact of Government Subsidies in Professional Team Sports Leagues," Working Papers 366, University of Zurich, Department of Business Administration (IBW).
    14. Rodney Fort & James Quirk, 2010. "Optimal Competitive Balance in Single-Game Ticket Sports Leagues," Journal of Sports Economics, , vol. 11(6), pages 587-601, December.
    15. Vincent (Vincent Peter) Hogan & Patrick Massey, 2020. "Professional Rugby on the Celtic Fringe," Working Papers 202003, School of Economics, University College Dublin.
    16. Kräkel, Matthias, 2005. "Doping in Contest-Like Situations," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 46, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    17. Carlo Bellavite Pellegrini & Raul Caruso & Marco Di Domizio, 2021. "Relative wages, payroll structure and performance in soccer. Evidence from Italian Serie A (2007-2019)," DISCE - Working Papers del Dipartimento di Politica Economica dipe0015, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    18. Thomas Peeters, 2015. "Profit-Maximizing Gate Revenue Sharing In Sports Leagues," Economic Inquiry, Western Economic Association International, vol. 53(2), pages 1275-1291, April.
    19. Stefan Szymanski, 2010. "The Economic Design of Sporting Contests," Palgrave Macmillan Books, in: The Comparative Economics of Sport, chapter 1, pages 1-78, Palgrave Macmillan.
    20. Wladimir Andreff, 2014. "Building Blocks for a Disequilibrium Model of a European Team Sports League," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00971782, HAL.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • A - General Economics and Teaching

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:isp:journl:v:18:y:2024:i:1:p:251-259. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Svetoslav Ivanov (email available below). General contact details of provider: https://www.scientific-publications.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.