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Navigating Risks in Sports and Entertainment with Rich Lenkov, founder and CEO at SERMA

Risk Management: Brick by Brick

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The Importance of Collaboration and Industry-Wide Solutions in Sports and Entertainment Risk Management

This chapter highlights the need for risk managers in the sports and entertainment industry to come together and share ideas to better tackle evolving threats and risks. It emphasizes the lack of uniformity in risk management processes and identifies various types of risks, including mass shootings, weather-related events, cancellations, and intellectual property issues. The chapter also discusses the expanding duties of risk managers and the value of industry-specific groups like Cermot.

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