The Impact Of Enterprise Risk Management On The Internal Audit Function Order
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The impact of enterprise risk management on the internal audit function order

The impact of enterprise risk management on the internal audit function order capstone banking report back to grocer ran online game ´╗┐do we see the rise of soccer and MLS as a challenge no we really see as an opportunity I think the biggest challenge that everybody in our industry faces is keeping sports relevant for young kids making them want to come to games and making them understand that sports is not just media properties so we want full stadiums first and foremost sort of broadcasters because that energy is what makes the product work so well on TV and so to the greater extent that Sports is present and relevant and cool for kids whatever sport it is it's helpful well we first see with our brand I mean the New York Jets is a quintessential New York brand and obviously New York City as a brand new york is extremely relevant globally and we really want to try to position the Jets it's sort of a quintessential New York experience and we already see very organically a large number of international visitors to New York coming to our games sometimes just in a group of two sometimes by the busload and they come from Italy they come from Spain they come from France they come from Israel they come from Brazil and they just want to experience the essence of New York and they know that going to an American football game and particularly a jets game will really deliver for them you know it's in its own way like going to the Statue of Liberty it's something that is truly unique to America and to New York so we really want to exploit that in terms of playing games overseas you know I think that would be something that would be a longer-term opportunity for us we're just five years into our new stadium we have you know deep economic commitments to the partners that helped us build that stadium the naming rights partners the cornerstone partners our psl holders all of whom bought in on an understanding of a determined amount of inventory that they would be offered and so to start to modify that I think would be more difficult so we do it more as an inbound thing and building our brand globally as opposed to having a physical footprint and as some other teams have done can we monetize social media engagement I never that's not the question I asked my question is can we engage through social media the beauty of our business is the business model is pretty simple we know how to make money in this business what we need to make sure we have as customers and we've used social media as a great way to reach out as a great way to engage in measure the engagement and know if what we're doing is working so we don't get hung up in whether we can embed a sponsors logo in a social post we don't get hung up in can we package it as part of a sponsorship deal and you know get fair value we in fact have said no in many occasions to sponsors who've asked if we could commercialize some of our social content and we've tried to hold the line on that because we know that any time we do the engagement drops substantially and so we have viewed it really as an engagement play first and foremost and in that I think it's tremendous social media tends to run to the negative and so if you just read your twitter feed you're not going to be happy with what your fans are saying but you just have to step back as a profession understand at least they're saying something and far worse for there to be nothing being discussed than to have some negativity in there you know from the fan base that's fine because at least people care you know love us or hate us we'd rather that you love us but if you have to hate us that's okay just don't ignore us is sort of fun from a marketer standpoint that's kind of our mantra not as well as we want to not as well as they expect us to in 2014 to say nothing of 2020 and we're working every day to get to know them better we already know them very well we survey aggressively we do a survey after every home game we do with the league office at additional four surveys a year we do a postseason survey so we do at least 13 surveys a year we get a tremendous response rate so we know a lot but we don't know everything and one of the things we're doing launching this year to get to know them even better as we're launching a rewards program so we've been working on this for several years we're moving away from physical paper tickets we're migrating everybody to a digital card RFID card which will be your access to the stadium and we'll also if you choose to opt in have a rewards component where you earn points for behaviors just like an airline or a grocery program and we think that that's going to be a very effective way to get to know a lot more about the specifics of our each and every customer on an individual basis one of the interesting dynamics and our sports we have a tremendous number of season ticket holders and many of those tickets have been in families for generations and there may be four six eight seats held under a single account we only know the account holder of record you know in terms of really a week we have anecdotal experience because we'll meet people but in terms of our real data it drills down to that account holder of record by doing this each individual seat will now get its own card its own account and so we'll start to really dig deeper into those families and who is actually coming what they're doing so that's a big initiative that is for us you know the next frontier of getting to know our fans even better and again the reason they expect us now to know them they expect us to cater to their individual tastes it's no longer acceptable to just kind of say hey there's 80,000 people here at the game we're doing what we can people aren't satisfied by that answer in any sector of our economy now and that's equally true to football gun so this is necessary step for us to really serve people how they want to be served every year we we give gifts to our season ticket holders and we spend a lot of time and energy and money trying to come up with cool fun things that make people proud to be a season ticket holder it's usually some type of garment or whatever that they can wear with pride and kind of you know overtly show their their their status but it's kind of a one-size-fits-all model we do something that we think will work for most people but if we knew that you liked the scarf and I like the cap and the next guy like the t-shirt we would just get much tighter to giving you what you wanted out of your experience another example actually this very night two blocks from here we have a season ticket holder event for about 1,100 season ticket was kind of a town hall meet the coach meet the general manager great event we want to know who comes to that we want to know we can follow up specifically with those people afterwards did you have a good time did you feel like it made your season ticket holder experience worth it was that something that was unique and justified you investing with us rather than buying tickets on the secondary market where you wouldn't get this benefit and you know right now we know these things am totally we just want to be more systematic and deliberate about that knowledge so that we can just tweak these events continue the ones that work this continues the one that don't work so those are some of the examples electrical capstone projects ideas State University of New York at Old Westbury.

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