Project Sponsorship Management
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Transcript of Project Sponsorship Management
CHAPTER 2. LITERATURE REVIEW
2.1. INTRODUCTION
In ‘nowadays’ economy where companies are required
to meet increasingly higher profits, through as much as
possible rational use of resources, project management
prominently shaping their strategy. The project manager
must simultaneously perform many tasks. He/She should
also constantly take decisions at all levels of resource
use, adjustments of the timetable, budgetary matters,
management of human relations, communication and
technical problems. Thus, it is a fact that business is
threatened by many different kinds of risks (Spikin,
2013).
In other words the sponsor has the role of the
guarantor. The sponsoring is not just a sponsorship, such
as gratuitous. It is a form of financial transaction
(financial pact), which results in benefits for both
parties; on the one hand the administered, via financial
funding, achieves its objectives more easily, while the
other, the sponsor, through managing the offered
financial resources, ensures its promotion and it is a
powerful marketing tool. (Wilcox, 1992)
Moreover, sponsors seek by sponsoring to motivate
their own partners, suppliers and traders and to promote
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their products. Therefore, the sponsors are definitely
interested in carrying out the funded activities, because
through them they achieved and their communicative goals
as well. In most cases, however, project sponsoring has
been an idealistic parameter, which does not crowd out
the interest of the sponsor for his promotion (Sinanioti-
Mavroudi, 2002).
On the other hand, successful companies do not avoid
or pass on their necessary risks, instead they formulate
their strategy based on these risks (COSO ERM, 2004).
Most often, however, they undertake them in order to
generate significant returns for shareholders. The
company's management has the responsibility to identify
the major activities, processes and procedures,
associated with the risks identified and classified
according to impact and probability to happen, in order
to take appropriate measures for dealing with, rollover
and exploitation. (Spikin, 2013)
In the 2nd Chapter, there is an analytical
literature review, as far as the theory context of
project management, contracting and project sponsorship
are concerned.
2.1.1. Sponsoring: Historical Review and Definition
4
The term «sponsoring» comes from the Latin «sponsio»
interpreted as a solemn promise and betrothal. It was a
contractual promise to ongoing question and answer that
was provided by the archaic legislation and it was
subjected to a simplified court procedure (Kunkel, 1973).
In other words the sponsor has the role of the
guarantor. The sponsoring is not just a sponsorship, such
as gratuitous. It is a form of financial transaction
(financial pact), which results in benefits for both
parties; on the one hand the administered, via financial
funding, achieves its objectives more easily, while the
other, the sponsor, through managing the offered
financial resources, ensures its promotion. (Wilcox,
1992)
The current concept of sponsoring is described in
the following definition: the sponsorship is a contract
by which a company (sponsor) is exchanging goods or money
to the participants themselves in order to a project be
made and they undertake to use the mark , the name or the
brand name of the sponsor in this project (Liakopoulos,
1998).
Although the motives of natural or legal persons,
that enhance any financial activities, are shown in terms
of principle gratuitous charity, a closer look approves
that the obligations undertaken under the sponsoring
contract are an instrument for more efficient
advertising. As the sponsor is characterized by the
organization or person who supports or promotes project
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activities, based on its promotional return, for example
in the USA it is considered as the business which
finances or contributes to expenses radio or television
program in return for ‘air time’(Brown, 1993).
2.1.2. Contemporary Project Sponsoring and its Features
Until the past decade, most companies regarded the
sponsorship as an obligation to society. (Catherwood &
Kirk, 1992). Nowadays, this perception has changed. The
interest has moved from charitable activities into
mutually beneficial agreements between donors and
administered (Abratt, 1987; Meenaghan, 1983). Most
businesses now expect remarkable results, as well as
measurable in sales, as a return for their investment in
a sponsorship (Catherwood & Kirk, 1992; Cornwell, 1995;
Hoek 1993 & 1997; Irwin & Sutton, 1994; Marshall & Cook,
1992; Wilson, 1997)
However studies have shown that the effectiveness of
sponsorship sales are directly related to the degree in
which the sponsor is willing to leverage his investment
with additional advertising and promotional activities
and expenses (Quester & Thompson, 2001). It has also been
seen in studies done, that a remarkable percentage
(ranging between 30% and 50%) of donor companies do not
6
assess the effectiveness of their sponsorship. (Sandler &
Shani 1989; Witcher et al., 1991).
Beyond the theoretical analysis as far as the
confusion of sponsoring with other commercial concepts,
it is necessary to name and record the "signs" that
enable to discern if any funding is or not sponsorship.
These signs are mentioned below (Bowman, 1987):
The social service and credit of the sponsor to
social acts of charity should be the prime targets.
It must necessarily involve transferring financial
resources from the private to the public-social
sector.
Social sponsorship signed by the names of companies
and promotion focuses on them.
Also it is signed by companies rather than
individuals.
The promotion of the sponsor is discreet.
Social sponsorship activity is directed to the
‘social human’, in other words whoever is interested
in the joint, while the commercial sponsorship is
directed to the economic man, the one who sells and
buys.
The products are not described and extolled and,
normally, not even mentioned.
2.1.3. Sponsoring versus Advertising
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Like advertising, the sponsoring is a promotional
way used by companies / sponsors. However, in sponsoring
compared with advertising, the sponsor has significant
advantages that make it more attractive than advertising,
because advertising is considerably more expensive than
the sponsoring and its results in attracting consumers /
buyers are not always satisfactory; therefore, sponsoring
is considered as a more accessible - through
communication - productive enterprise policy since the
cost of the latter is much lower than the cost of
advertising expenses (Hermanns & Puettmann, 1989).
Additionally, in sponsoring, the sponsor’s brand name is
being known even in the part of consumers, which
systematically avoid ads or general remains indifferent,
but cares for those projects that are financed by donors.
2.2. PROJECT SPONSORSHIP
2.2.1. Defining project
The handbook issued by the Project Management
Institute (Project Management Institute, PMI), defines as
a project:
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“... the temporary venture that aims to create a unique product or
service. Temporary means that every project has a definite end. Unique
means that the product or service differs prominently from all other
similar products or services” (PMI, 1996, p.4)
According to Turner (2003), ‘project’ is a venture
in which human resources, equipment, financial resources
and raw materials are organized in a novel way, and with
a view of taking specific scope of work that have certain
standards and which are given costing and time
constraints to produce a beneficial change that is
defined by quantitative and qualitative targets.
The next list shows the main characteristics of a project
(Turner, 2003):
Consists of non-recurring activities which in the
general case can be described by the software life
cycle.
Require planning to achieve the final result.
The result is unique.
The execution requires a group.
Has a beginning and an end.
Is subjected to restrictions of various kinds
(time, cost quality, etc.)
The available resources are limited
They are large and complex.
2.2.2. Success Factors in Project Management
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The project manager must simultaneously perform many
tasks. He/She should also constantly take decisions at
all levels of resource use, adjustments of the timetable,
budgetary matters, management of human relations,
communication and technical problems. It is therefore
necessary to identify the main issues, strategic,
tactical or operational, in order to define priorities
and to enable the project manager to focus on critical
issues, which alternate depending on the phase in which
the project is located.
Additionally, Balachandra (1984) has defined the
following 10 factors of success, as far as the project
management is concerned:
1. Project Objective: The definition of clear
objectives is the key in planning and executing a
project. Understanding the performance and
evaluation measures is important to be well
coordinated. Therefore, all members should be aware
from the outset about the objectives of the project.
2. Support from the administration’s side: The
competition for resources in combination with the
large degree of uncertainty underlying a project
often lead to conflict and crisis. The constant
presence of management throughout the project life
cycle helps to understand the objective of the
project and its importance. This awareness leads to
10
a support which may prove invaluable for solving
problems in cases of conflict or crisis or if
uncertainty arises. Therefore, clear and frequent
communication between the project manager and the
administration acts as a catalyst for the success of
a project.
3. Project planning. The conversion goal and the
performance measure on a feasible plan is the link
between the theoretical phase design (conceptual
design) and production phase. A detailed plan
covering technical, financial, and organizational
issues, communications, control and schedule is the
basis for implementation. Planning does not end when
implementation starts as the need for changes or
alterations are continuous. Planning is therefore
dynamic and durable and connects alternating targets
and performance with the final results.
4. Cooperation with the Customer. The final user of the
project is the final arbiter of its success. A
project which is finished on time, according to the
desired specifications and within budget, but never
or rarely used can certainly be regarded as failure.
On theoretical design phases it is very important to
have good communication with the customer (internal
or external) and that the objectives will be fully
aligned with the customer needs. Subsequent phases
require continuous collaboration with the client in
order to correct possible errors in the translation
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of objectives into performance measures. However,
due to alternating needs and conditions, although in
the early stages is useful to have non-declaration
of the customer's precise needs, these potential
lapses in the planning or implementation phase. The
configuration management system is a link between
existing plans and change requests of the client and
the project team.
5. Staff issues. Satisfactory achievement of technical
targets without violating the schedule or the budget
does not mean that the project is completely
successful, even if the customer is happy. If the
various parties involved in the project do not
maintain good relations, the success of the project
is questionable, as the good cooperation and
dedication to the project is necessary for success.
6. Technical issues. Technical staff training and
fulfillment of technical requirements must be one of
the first concepts of a project manager as without
them a project cannot be completed.
7. Acceptance by the customer. Continuous cooperation
(consultation) with the customer throughout the
lifecycle of a project increases the probability of
success in terms of user acceptance. In the final
stages of implementation, the customer must
determine the resulting project and decide whether
it is acceptable or not. In case the project is not
accepted at this stage, then it failed.
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8. Project control. The continuous flow of information
on the actual progress and the feedback mechanism
allows the project manager to face uncertainty.
Comparing the real progress with the current plans,
the project manager can distinguish derogations,
expect problems and initiate corrective actions. Any
deviations from the original plans can be corrected
if noticed in time.
9. Communication. Successful transition between the
phases of the life cycle of a project and good
coordination between the participants in each phase
requires a continuous exchange of information. In
general, communication is facilitated if the line of
authority is clear. The organizational structure of
the project must describe the communication channels
and the type of information that must pass through
them. Moreover, there must be a clear directive on
how often this information will be produced and
transmitted. The official communication lines and
the informal flow between team members advocate the
success of the project.
10. Troubleshooting. The control system is designed
to be able to find the problem areas and, if
possible, to find their source. Due to uncertainty,
which is frequent sore for the completion of
projects, the development of an alternative project
(contingency plan), is a good preventive measure.
The availability of prepared plans and procedures
13
for managing problems can reduce the troubles that
may need to be resolved and the work to be completed
as in there absence.
Finally, it is mentioned that these factors are
generally, and each project is unique and its
specificities require to be treated as appropriate.
2.2.3. Key Performance Indicators - KPI (set by client)
Key Performance Indicators are the quantitative
measurements outright by stakeholders that show the
critical success factors of an organization. The KPIs are
(Parker, 2014):
Set from the customer before the start of the
project in order of priority.
Directly related and supporting the business
objectives
The basis for the decision making throughout the
project.
“The basis for the acceptance of the solution by the client at the end of
the project”.
Defining KPIs can be challenging. Good KPIs must
have a target value and a way to be accurately measured
and reported on. Ideally, it would be best if the
project sponsor simply handed administrated a list of
14
project objectives, success criteria, and KPIs when
administrated were brought on board as the project
manager. However this rarely happens, because
administrated will usually need to work with the customer
or project sponsor to define them. Many sponsors are not
trained on how to define good KPIs. This is a skill that
administrated will want to have and to provide as a
project manager. (Parker, 2014)
Good KPIs are shown below (Parker, 2014):
Aligned—Agree with the specific organization’s
vision, strategy, and objectives.
Optimized—The KPIs should be focused on providing
organization-wide strategic value rather than on
non-critical local business outcomes. Selection of
the wrong KPI can result in counterproductive
behavior and sub-optimized results.
Measurable—Can be quantified/measured.
Realistic—Must be cost effective and fit into the
organization’s culture and constraints and
achievable within the given timeframe.
Attainable—Requires targets to be set that are
observable, achievable, reasonable, and credible
under expected conditions as well as independently
validated.
Clear—Clear and focused to avoid misinterpretation
or ambiguity.
15
Understood—Individuals and groups know how their
behaviors and activities contribute to achieving the
KPI.
Predictive—The KPI may be compared to historical
data over a reasonably long time so that trends can
be identified.
Agreed—All stakeholders should agree and share
responsibility for achieving the KPI target.
Reported—Regular reports are made available to all
stakeholders and contributors so they know the
current status and take corrective action if needed.
In addition, Bernard Marr, a well-known performance
management expert, has developed a list of 75 KPIs that
every manager needs to know. Every business and every
project will have different KPIs to measure performance,
but Bernard’s list gives a good starting point for
conducting discussion with the business. The set of 75
KPIs that Bernard Marr developed is listed below.
(Parker, 2014)
Financial Performance:
1. Net Profit
2. Net Profit Margin
3. Gross Profit Margin
4. Operating Profit Margin
16
5. EBITDA
6. Revenue Growth Rate
7. Total Shareholder Return (TSR)
8. Economic Value Added (EVA)
9. Return on Investment (ROI)
10. Return on Capital Employed (ROCE)
11. Return on Assets (ROA)
12. Return on Equity (ROE)
13. Debt-to-Equity (D/E) Ratio
14. Cash Conversion Cycle (CCC)
15. Working Capital Ratio
16. Operating Expense Ratio (OER)
17. CAPEX to Sales Ratio
18. Price Earnings Ratio (P/E Ratio)
Customers:
19. Net Promoter Score (NPS)
20. Customer Retention Rate
21. Customer Satisfaction Index
22. Customer Profitability Score
23. Customer Lifetime Value
24. Customer Turnover Rate
25. Customer Engagement
26. Customer Complaints
17
Market and marketing efforts:
27. Market Growth Rate
28. Market Share
29. Brand Equity
30. Cost per Lead
31. Conversion Rate
32. Search Engine Rankings (by keyword) and click-through rate
33. Page Views and Bounce Rate
34. Customer Online Engagement Level
35. Online Share of Voice (OSOV)
36. Social Networking Footprint
37. Klout Score
Operational Performance:
38. Six Sigma Level
39. Capacity Utilisation Rate (CUR)
40. Process Waste Level
41. Order Fulfilment Cycle Time
42. Delivery In Full, On Time (DIFOT) Rate
43. Inventory Shrinkage Rate (ISR)
44. Project Schedule Variance (PSV)
45. Project Cost Variance (PCV)
46. Earned Value (EV) Metric
47. Innovation Pipeline Strength (IPS)
18
48. Return on Innovation Investment (ROI2)
49. Time to Market
50. First Pass Yield (FPY)
51. Rework Level
52. Quality Index
53. Overall Equipment Effectiveness (OEE)
54. Process or Machine Downtime Level
55. First Contact Resolution (FCR)
Employees and Their Performance:
56. Human Capital Value Added (HCVA)
57. Revenue Per Employee
58. Employee Satisfaction Index
59. Employee Engagement Level
60. Staff Advocacy Score
61. Employee Churn Rate
62. Average Employee Tenure
63. Absenteeism Bradford Factor
64. 360-Degree Feedback Score
65. Salary Competitiveness Ratio (SCR)
66. Time to Hire
67. Training Return on Investment
Environmental and Social Sustainability Performance:
68. Carbon Footprint
19
69. Water Footprint
70. Energy Consumption
71. Saving Levels Due to Conservation and Improvement Efforts
72. Supply Chain Miles
73. Waste Reduction Rate
74. Waste Recycling Rate
75. Product Recycling Rate
2.3. SPONSORSHIP AND CONTRACTING
2.3.1. Project Sponsoring Contracting
The content of the sponsorship contract, in other
words the provision and the consideration, depends on the
respective objectives of the Parties. In particular, on
the part of the aid recipient by the donor, usually, it
is very significant to indispensable source of income for
the purposes of his business. In case that the ‘aid’ may
not occur by the sponsor, the project is in danger,
because its activities will not accomplish. However, it
is recommended in these cases of dependence, the contract
to be formed in such way as to safeguard the legitimate
interests of the receiver, and the correspondence of the
respective liabilities (Sinanioti-Mavroudi, 2002).
20
Respectively, the ‘balance’ is consisted in the
contract and otherwise, ie when the receiver has such a
reputation and market power to be able to choose the one
sponsor among more candidates. Only then, the carry out
of the funded activities is secured and the receiver
seeks the highest possible provision by the designated
sponsor. From the perspective of the sponsor, sponsorship
serves the market communication thanks to the advertising
brand image. Depending on the type of the sponsorship
pursued, the relative advertising goals are achieved.
Also, sponsors seek by sponsoring to motivate their own
partners, suppliers and traders and to promote their
products. Therefore, the sponsors are definitely
interested in carrying out the funded activities, because
through them they achieved and their communicative goals
as well. In most cases, however, project sponsoring has
been an idealistic parameter, which does not crowd out
the interest of the sponsor for his promotion (Sinanioti-
Mavroudi, 2002).
2.3.2. Contracting and Maintenance via Risk Management
The risk management of a project is defined as the
set of the recognition procedures, analysis, response and
risk monitoring during the life of a project in order to
achieve its original goals The Risk Management is
considered as a key factor for the successful completion
21
of large and complex projects, as it affects issues such
as timing, budget and customer satisfaction. (PMI, 2004)
There are several Risk Management methodologies
suggested in the literature. Some of these are summarized
in the table below.
Table 2. Risk Management Methodologies
METHODOLOGY STEPS OF RISK MANAGEMENT
Project Management Institute
(PMI 2004), “A Guide to the
project Management Body of
Knowledge”
Planning
Risk identification
Qualitative risk analysis
Quantitative risk
analysis
Designing risk mitigation
Control and monitoring
Klein & Cork (1998), “An
approach to technical risk
assessment”
Recognition
Resolution
Check
Documentation - Report
Chapman & Ward (1997),
“Project Risk Management
Processes, Techniques and
Insights”
Determination
Strategic approach
Risk identification
Information Structuring
Responsibilities - areas
22
of responsibility
Calculation of
uncertainty
Risk significance
Observation
Control
Carter et al. (2001),
“Introducing Riskman
Methodology”
Basic (analysis in
qualitative terms)
Intermediate (draft
quantification)
Details (complete
quantification)
Fairley (1994), “Risk
management Software projects”
Recognition
Analysis
Risk reduce
Monitoring
Planning of alternatives
Crisis management
Exit from the crisis
Boehm (1991), “Software Risk
Management”
Risk analysis
(identification,
analysis, prioritization)
Risk management (planning
risk management actions,
management decisions,
monitoring and corrective
23
actions)
Software Engineering Institute
(1992), “The SEI Approach for
Technical Risks”
Recognition
Analysis
Management
Control
Monitoring
IRGC (2005), “White paper on
Risk Governance”
Prequalification
Evaluation
Tolerance Towards Risk
Assessment
Risk Management
Communication
Institute of Civil Engineers
and the Faculty and Institute
of Actuaries (1998), “Risk
Analysis and Management for
Projects (RAMP)”
Start
Review
Risk management
Closing
It is observed that, despite the differentiation of
the stages and their names, there are many commonalities
regarding the steps involved. The general methodology of
the project risk management, used by all integrated
methods applied internationally, consists of four basic
24
stages: the identification, the analysis, the response
and finally the monitoring of each project risk.
Below are some basic concepts in reference to risk
management (Beasley et al., 2010;
http://www.mindtools.com/pages/article/newLDR_80.htm,
retrieved 2/6/2015):
A. Critical Success Factors - CSF
Critical Success Factors are the elements and
the key sectors necessary to ensure the success of
business or an organization.
B. Key Performance Indicators - KPI
Key performance indicators reflect the critical
success factors within an organization and they are
customized according to the business activities of
the organization and the needs of the members
concerned.
C. Key Risk Indicators - KRI
Key Risk Indicators provide information to
stakeholders about the external environment, the
stability and profitability of the business, and the
25
administration creating a foundation as well, upon
which to base their decisions.
On the other hand, the literature on risk management
stages is extensive. The differences shown are often
substantial and sometimes are indistinguishable (see for
example: Chapman & Ward, 1997; Kerzner, 2003). In each
case, a standard, proposed risk management process is
likely to occur as follows, with the combination of
processes that appear in the literature. This process is
general and can be applied to any type of project
(Kirytopoulos & Diamandas, 2005).
The proposed standard risk management process is
divided into four stages, which are related to the
identification, analysis, fighting and finally the
monitoring of project risk. In some of the methods shown
in the literature, one or more can be found by a
different name, but the steps are substantially similar
(Leopoulos et al., 2002). For example, it is often
referred to as risk identification. Risk identification
and analysis stage several times are analyzed via
qualitative and quantitative analysis (Leopoulos &
Kirytopoulos, 2004). The risk management process is
repeated throughout the duration of the project, based on
specific rules.
The identification of risk is the first and one of
the most critical stages of risk management (Chapman,
26
1998). It takes place in order to identify all the risks
that are likely to affect the objectives of a project
and, at the same time, in their recording. The recording
of each risk profile is separate for each one, usually
made in special forms called ‘risk sheets’ (Tatsiopoulos
et al., 2001).
The risk analysis is used both to determine the size
of the risk consistency related to the project goals and
the risk probability, and to rank risks based on their
total gravity weight. Gravity weight (report) of a risk
is obtained by multiplying the likelihood times and the
expected consequences in case the risk becomes true. The
process of risk analysis can be performed either
qualitatively or quantitatively (Leopoulos et al., 2003).
The qualitative analysis is the most common because
it requires a smaller number of data to be applied and it
does not need specialized software tools while it is
generally less time-consuming compared to the
quantitative analysis. At this point, it is noted that
the risk is characterized by a dual nature. Firstly, it
may be seen as a threat, if its impact to the project
goals is negative. Secondly, it may be seen as an
opportunity, if its impact to the project goals is
positive (Hillson, 2004). Then, emergency actions are
determined by specific strategies; such as keeping,
transportation, relief and acceptance. Any decisions are
posted on the page of each risk in the ‘risk sheet’.
27
In response stage that follows, in order to be
phased out, the necessary actions are set and those who
will be responsible for carrying them, as well. The
selected actions should be proportional to the risk
exposure, and should resolve the problem in an
economically acceptable way. In order to phase out one
risk, it may be determined one or more actions. Then, the
risk management group (that is often the same team as the
project management team) has identified the risks, it
classifies them, based on the analysis made and response
actions prescribed, and it passes through the monitoring
stage. At this following stage, the implementations of
actions, as well as their effectiveness, are monitored.
Corrective actions are defined and the risk features
(probability and consequence) are reassessed. The entire
process is repeated at regular intervals in order to
identify new risks and to update existing risk sheets of
the previous risks. These risk management project stages
is used by all integrated methods applied internationally
(PMI, 2004; Norris et al., 2000).
2.4. MARKETING: REASONS FOR ACCEPTING CONTRACT
2.4.1. Marketing
Definition of Concepts
28
The concept of sponsorship represents a form of
economic transaction that results in benefits for both
Parties. On one hand the administered, through financial
funding achieves its objectives more easily, the sponsor,
through management of financial resources, is promoted
(Cornwell & Maignan, 1998; Meenaghan, 1983; Meenaghan,
1991; Walliser, 2003). Depending on the object of the
sponsorship contract the following types are
distinguished (Rifon et al., 2004): sport, cultural,
social, environmental, broadcasting, etc.
According to the above definitions, sponsorship
generally includes two main activities:
1. the item of exchange, between the sponsor and the
administered, from which, he receives financial
grant, while the first acquires rights by
associating with the administered activity and
2. the sponsor irrelevant promoting marketing
activities through the bond developed with
sponsorship
That means that skill, professionalism, practical
strategy, clear objectives determination, and assess of
the effectiveness of a sponsorship investment are
required, mainly on the company’s interest that assume
the role of the sponsor. (Meenaghan, 1996; Mullin et al.,
2000). The process of management in the area of
sponsorship includes, determining objectives, their
29
selection, organizing and carrying out the sponsorship
and ultimately control the outcome (Walliser, 2003).
Monitoring and Measurement of the Sponsorship
Results
Based on the objectives, set by the authority, the
sponsors (companies) and the administered (eg
manufacturers of goods) expect to benefit from their
cooperation. Proper valuation will determine the basis
for future relations between the two parties and they
should debate in order to achieve conclusions. In recent
years there have been many studies that measure the
impact of sponsorship programs. Behind all these research
studies are essentially some companies / sponsors, trying
to assess and ensure the effectiveness of their
sponsorship activities (Mullin et al., 2000).
First of all, sponsorship typically operates in
conjunction with other elements of the communication
mixture, thus it is very difficult to isolate its single
effect. Second, the measurement of results is
particularly difficult, because it is subject to the
influence of the uncertainties of the market environment.
For example changes in the level of sales could be due to
changes in the purchasing environment (eg an increase or
decrease in the intensity of competitive efforts, paid by
companies) (Meenaghan, 1991; Crompton, 2004).
30
Scholars have not yet adopted any specific
theoretical framework to guide research, which involves
the reaction of consumers in sponsorships (Cormwell &
Maignan, 1998; Stotlar, 2004; Walliser, 2003). Instead,
most often using various measurement techniques and
methods for evaluating the effectiveness of sponsorship
(Cormwell & Maignan, 1998; Tropodi et al., 2003). The
methods used by today's companies in order to evaluate
the results of their investment in sports sponsorship,
are threefold (Cornwell & Maignan, 1998; Meenaghan, 1991;
Tropodi et al., 2003; Walliser, 2003):
a. results in sales
b. level of coverage and promotion of the media and
c. results in communication
Determination of Results in the field of Sales
Many companies are trying to judge the success of
their investment in a sponsorship activity by enhancing
performance, which involves sales (Tropodi et al., 2003).
However the rise in product sales of a company associated
with a property, cannot be attributed directly to
sponsorship (Copeland, Frisby & McCarville, 1996). This
is because of the presence of other elements of the
communication mix, which operate in conjunction with the
sponsorship in an effort by companies to promote the
sales of their products. So, as happens with other means
31
of promotion include the mix of communication, it is
difficult to assess separately the effect of sponsorship
in returns on sales of a company, and therefore this
method is not considered particularly reliable (Tropodi
et al., 2003; Meenaghan, 1991).
Methods to determine covering and visibility of the
Media
The most basic technique, which is included in this
category, is to monitor the quantity and quality of
coverage by the media for a project (Tropodi et al.,
2003). Specifically, includes the comparing of the
coverage value of a project administered by the media,
with the cost of the comparable space and advertising
time.
It includes the following parameters (Crompton,
2004):
a. The duration of the TV coverage, including verbal
and visual references
b. the duration of radio reporting and
c. the extent of press coverage, measured by the length
of the single column
The retrospective study of Cronwell & Maignan,
(1998), says that previous research, argues that this
32
technique provides a reliable estimation of visibility,
acquiring sponsorship, both through the network and via
radio and television.
The application of advertising evaluation methods in
the sponsorship area is inappropriate because these two
instruments of communication mix are designed to achieve
different objectives (Cronwell & Maignan, 1998; Crompton,
2004). Sponsorship is not just advertising with an
additional value, but a qualitatively different
communications vehicle (Cornwell & Maignan, 1998). So,
researchers have been very critical on the monitoring of
the quantity and quality coverage by the media of an
event (Ensor, 1987; Pham, 1991)
Determination of Contact Results
Two of the main objectives of a communication
sponsorship activity is to improve the knowledge of the
company / product and the image of the sponsor (Cornwell
& Maignan, 1998; Walliser, 2003). Sponsor companies, are
arriving to the achievement of specific objectives by
following a certain communication process through which
they convey the message you wish to the consumers, who
are the target group. Recent research has shown that it
is possible for a sponsor company to penetrate a certain
target market and to affect their buying behavior and
ultimately increase sales of its products and services
33
(Tolka et al., 2004). This process begins with the public
being exposed to a stimulus, which creates sponsorship
activity (Pham, 1991).
The sponsor is trying to transfer encrypted messages
via suitable transmission formats such as (Crompton,
2004; Pham, 1991):
a. written captions that include the name, brand of
the company, or logo of the sponsor and
b. oral information.
The coded message is conveyed by the forms, means of
television and radio broadcasting and personal contacts.
This message is designed in such a way as to strengthen
the position in the marketplace of the brand of the
company, to differentiate it from the other companies and
brands and to create an indirect emotional relationship
of the sponsor with the public.
The transmission of the message is made, when
ingested, and then interpreted by the persons who are the
target group (Pham, 1991; Crompton, 2004). It should be
emphasized that the objectives of a sponsor / company are
related more to the creation of an appropriate climate
around the consumer in order for him to arrive at the
decision to purchase a product, than in the rapid
increase in sales.
Assuming that sales cannot be measured, then the
most reliable measurements, concerning the assessment of
the economic rewards of a sponsorship activity should be
34
performed at the point in this process, in which only one
step before purchasing action is required. Persons who
are the target market; before reaching the market of the
company sponsoring the product go through the following
stages (Crompton, 1996):
a. knowledge,
b. interest
c. desire and
d. purchase decision
These stages are the known process' product adoption
"which is part of the wider process of communication of
the sponsor with the public. Sponsorship of a project
will eventually have a positive effect on sales, when
managed to lead the people by strengthening the knowledge
and the image of the sponsor's intention and ultimately
in the purchasing decision (Crompton, 1996 & 2004).
In order for companies to assess the effectiveness
of sponsorship in terms of achieving the communication
goals, they measures (Crompton, 2004; Cornwell & Maignan,
1998; Meenaghan, 1991; Tropodi et al., 2003; Walliser,
2003):
a. knowledge,
b. image and
c. intention to buy, from the consumers
This approach, which was designed to assess the
cognitive effects of sponsorship, has the advantage of
35
taking account of accurate perceptions of consumers
(Quester & Farrely, 1998). It also attempts to uncover
the cognitive impact of sponsorship on consumers, not
simply to measure the rise in popularity of the sponsor
that occurs due to the coverage by the media.
2.4.2. Brand image
Improving the image or a positive change of the
public attitude to a product or a company is a stage,
which is closest to the increasement in sales. Despite
the interest of the companies for transferring the image,
only a small number of studies have focused solely on the
results of the image of the sponsorship (eg Walliser,
2003).
Most often the image transfer is examined in
conjunction with the knowledge of the public of the
sponsor and its products and market goals. Also, as in
the case of knowledge, the results of the image appear to
be only temporarily, and related to the integration of
sponsorship in the communication mix (Stipp & Schiavone,
1996).
Overall, it appears that the transfer of the image
is influenced positively by the number of identical
perceptions of the sponsor and the sponsored activity,
the attitude of the consumer towards the sponsor
relationship and activity, and the "active participation"
36
of the consumer in process of sponsorship (Walliser,
2003).
It should be emphasized that the value attributed to
building the image differs in dependence with the setting
that develops a sponsorship activity. Moreover, the image
transfer occurs only for donors with high ratings during
the project (Stipp & Schiavone, 1996; Walliser, 2003).
Finally, it is mentioned that McDaniel (1999)
evaluated the impact of the mark (brand) sponsorship to
consumer reactions. Lardinoit & Debraix (2001) focus on
the positive role of the permanent active participation
in memory, while Johar & Pham (1999) explore the
individual characteristics that are associated with the
withdrawal of the sponsor.
2.4.3. Important clients
There is a tendency for those involved in
investigations, for their attitudes towards sponsorship,
saying that they are more likely to buy the products of
the sponsor from that of competitors. Also, it seems that
the frequency of the presence of consumers in specific
sponsored events, and their training is important for
predicting the market intent. Not so for sex; this seems
not to affect the purchase intent (Daneshvary & Schwer,
2000; Walliser, 2003).
37
However, when it comes to actual behavior, it should
be noted that the use of sponsor - company's products are
not necessarily higher in relation to the use of products
of a competing company (Pope, 1998). Similarly, the
results relating to the purchase can easily be
overestimated because of "false consensus influences»
(«false consensus effects»). This means that there is a
possibility, people attending an event, to assume
incorrectly that other viewers assess positively the same
event and the sponsors (Bennett, 1999; Walliser, 2003).
On the other hand, the majority of studies measuring
the effects of sponsorship chose the concept of knowledge
as an independent variable. There are three general
approaches through which it is possible to evaluate the
impact of sponsorship on knowledge:
a. by measuring the degree to which the public
watches the sponsors,
b. by identification of factors influencing recall /
reference (sponsor by the public) and
c. by analysis of internal procedures related to
withdrawal, which takes place in the mind of the
viewer.
In particular, among the first studies examining the
effectiveness of sponsorship, some focused on the general
knowledge of the public for sponsors, while others in the
levels of public knowledge about the sponsors related to
38
specific events or activities (eg Easton & Mackie, 1998;
Walliser, 2003).
The methods to determine the effects on
communication have the advantage of taking into account
the accurate perceptions of consumers (Quester & Farrely,
1998). Also through the use of the opportunity given to
reveal the cognitive impact of sponsorship on important
clients / customers, and not simply to measure the rise
in popularity of the sponsor that occurs due to the
coverage of the media.
2.5. CONTRACTING IN EGYPT
As far as contracting is concerned, the main
contract types are the following below (Likosky, 2009, p.
1-2):
1) “modern concessions;
2) production-sharing agreements (PSAs);
3) joint ventures; and
4) service contracts, including risk service contracts, pure service
contracts and technical assistance contracts.”
According to Likosky, (2009, p. 1-2), “both the history of
traditional concessions and the enumerated present-day contract types are
common to oil and gas and also metal mineral extraction” (eg.
Barberis, 1999; Omorogbe, 1997; Smith et al., 2000).
39
2.5.1. Legal issues and contracting in Egypt
Egypt's economy has passed through many changes
between last decades. Relatively, Hendrix, (1991, p. 18)
stated that:
“In most cases, Egypt's imports are governmentally regulated and
often subject to customs duty. The procedures for importation are
numerous, and advance permission from the Egyptian authorities is
also often required.
Egypt's legal system is based on English common law, the French
Napoleonic codes and Islamic law. The currency, the Egyptian pound,
is tied to the U.S. dollar at the official rate of 0.70 pounds to the dollar.
This conversion rate is available only to the public sector, and the
government uses it to import essential foodstuffs, insecticides and
fertilizers. A "Ooating rate" is available to airlines, shipping companies,
and a few other entities. Most transactions, however, use the "free
market rate," which is applicable to imports by both the public and
private sectors.
As of January 1, 1989, both the United States and Egypt became
signatories to the United Nations Convention on Contracts for the
International Sale of Goods. This should greatly assist U.S. exporters in
their analysis of the many legal implications of doing business in
Egypt, as the U.N. Convention contains the terms exporters are already
accustomed to using for transactions in other parts of the world.”
(Hendrix, 1991, p. 18).
40
As far as the trade restrictions and regulations,
Hendrix, (1991, p. 18) stated that:
“In many ways, U.S. business executives should be comfortable dealing
with the Egyptian market. Since Egypt is a member of the General
Agreements on Tariffs and Trade (GATT), exporters experience few
problems in Egypt concerning anti-dumping duties, subsidies or
countervailing duties. Similarly, government intervention in
countertrade is non-existent.
Indeed, Egypt has adopted no specific legislation on the topic and
offers no incentives to encourage countertrade in the private sector.
With respect to preshipment inspections, no government regulation
requires an exporter to have its goods inspected, although the
Egyptian importer will likely request such a provision.
The government completely bans a list of over 200 goods from being
imported into Egypt. Generally, the list includes consumer, luxury and
other goods already produced in Egypt.
However, it is possible to obtain exceptions to this list for products
related to the production of certain goods. Goods financed with
bilateral or multilateral assistance, components imported by licensed
local manufacturers, assembly units and free zone imports all fit into
this latter category.
Interest payments require prior authorization from the exchange
control authorities. This applies to normal and penalty interest clauses
that may be found in exporters' sales contracts to Egyptian purchasers.
Only after authorization is obtained will government authorities permit
payments to be made abroad. The maximum rate of interest is also
subject to government approval.” (Hendrix, 1991, p. 18).
41
2.5.2. Labour costs in Egypt is low
There is an increasingly widespread practice in the
labor market of Egypt which proves the complete absence
of unions and other organizations for the protection of
the workforce rights. In the private section employers
require potential employees to sign undated resignation
letters as a condition for employment.
(http://www.globalsecurity.org/military/world/egypt/labo
r.htm, retrained 7/7/2015)
In current reality, the main need of the labor
market of Egypt is the substantial job creation. The
problem is demographic but not located on
overpopulation. It lies basically in the fact that the
larger part of the workforce consists of young people
who are just entering the labor market looking for a
dissent job. The second part of Egypt’s reality is that
jobs are not enough to meet demand, despite the
development efforts that had been made, and the fact
that there are serious absences regarding, education,
training and the skills that young people looking for a
job have in relation to the requirements of the labor
sector.
(http://www.globalsecurity.org/military/world/egypt/labo
r.htm, retrained 7/7/2015)
42
Data indicate that the workforce in Egypt is
growing steadily by about 2.8% annually. The group of
15-29 years was approximately 38% of the workforce in
2005; with the workforce consisting almost entirely of
men.
(http://www.globalsecurity.org/military/world/egypt/labo
r.htm, retrained 7/7/2015)
A research conducted by El-Laithy et al. (2003)
showed that the low income working class of Egypt lives
in large families, with low education levels, with their
main income coming from the black economy and from low-
paid activities. (El-Laithy et al., 2003)
The essential result of the study was that the most
important and decisive factor of poverty in Egypt is the
low level of education with only 28% of households to be
headed by an illiterate and only 8% of them being led by
a person with secondary education.(Hassan & Sassanpour,
2008; El Ehwany, 2004; Awad, 2003)
The direct effect of this reality was of course
that 20% of households headed by unemployed were poor,
ie shortly more than the 17% of households headed by a
salaried person. Most of the poor were among the self-
employed, mostly in the informal economy and 25% of
self-employed households in non-agricultural activities
were poor. (Hassan & Sassanpour, 2008; El Ehwany, 2004;
Awad, 2003)
43
2.5.3. Technology vs labour costs
For a labor market to be created there should be a
link between some factors. These factors are (Hall et
al., no date):
Population
Workforce
Technology and
Demand for goods and services.
The relationships generated between them are
interrelated. Ie the population defines the size of the
workforce; the workforce defines the exact quantity of
products and services that can be produced. Demand for
goods and services defines the business to be created and
technology sets the maximum incensement of products and
services and what processes will be used or not. (Hall et
al., no date)
Technology had a decisive influence in the way the
labor market exists, making the path easier for society,
both in the production of goods and in the area of
communications. Both the industrial revolution and the
mechanized production gave a huge increase in
productivity within the labor market and on the income of
the workforce. (Hall et al., no date)
Within the results that technology brought to the
labor market is the fact that today some industries seek
44
and recruit highly skilled and talented workers, although
there are still industries with simpler needs but their
rate is very small and as a result many unskilled workers
face placement problems.
According to Hall et al., (no date, pp.1-12):
“Globalization is fueled by technological advancement in information
and communication. A direct impact of globalization includes more
outsourcing and offshoring of work, especially in the form of
crowdsourcing for low-skilled employment needs and crowdcasting for
highly-skilled groups or individuals…
The Internet and its applications, including email, career websites,
instant messaging (IM), blogging, voice-over-IP (VOIP), search engines,
remote desktop connections, VPN, and others, have had a tremendous
impact in the way labor is sourced and structured…
As for structuring, VPNs (virtual private networks) allow employees to
connect to company servers from anywhere in the world, allowing
them to work at home, even if they permanently or temporarily reside
in another country. Aside from changing the labor models in various
industries, the Internet also created millions of jobs, from web analysts
to Internet businesses such as amazon.com. Last but not least, it
provides a valuable source of information, helping employees and
employers find the right match faster and at low costs.” (Hall et
al., no date, pp.1-12).
2.5.4. Political instability in Egypt
45
Egypt encounters serious problems of instability
since 2013 after the violent removal of President Mohamed
Morsi by military coup. From then and until today
President Abdel Fatah al-Sisi is fighting against
terrorists, the continuing instability and a severe
economic crisis. (CFR: Council on Foreign Relationships,
2015)
Sinai Peninsula lies at the heart of the problems.
Ansar Beit al-Maqdis, true to the self-declared Islamic
State, had been characterized as a terrorist organization
in November 2014 by the United States of America. Besides
them many independent Islamist militants who seek revenge
for the coup against the Muslim Brotherhood and former
president Morsi, are answering in violence. President
Sisi is trying to find solutions for these events hurting
Egypt’s hurt at the same time that the terrorism
increment in Egypt has sparked debates in the United
States about the chances of a civil war in the country.
(CFR, 2015)
The problems are getting bigger day by day. Some
days ago in retaliation for the brutal execution of 21
Egyptian Copts, the Egyptian air force bombed yesterday
camps, weapons depots and oil refineries controlled by
fighters of the Islamic State. The government in Cairo
announced that the air strikes against those targets in
Derna, Ben Jawad and Sirte were only against Jihad.
During these bombings at least 50 jihadists died,
46
belonging to bastions of forces loyal to the self-
proclaimed "government of Tripolis", which the government
official accuses as jihadists.
At the other side, the Islamic State gave publicity
to a video allegedly showing the beheading of 21 Egyptian
Copts, who were kidnapped in Libya. The Egyptian
Christian hostages were dressed in orange uniforms, and
were decapitated. After uploading the video, the
president of Egypt Abdel Fatah al-Sisi announced that he
urgently convenes the National Defense Council.
The presidents of France Francois Hollande and Egypt
Abdel Fatah al-Sisi sought the emergency session of the
Security Council of the UN and "new measures" against the
Islamic State. The fifteen member states of the Security
Council condemned "strongly" the mass execution,
stressing that demonstrates "once again the barbarity" of
the jihadists.
Washington has called the killings "shameful and
cowardly acts", while Pope Francis expressed deep regret,
noting that the 21 Egyptians were executed "simply
because they were Christians." For "Islamofascism" spoke
finally the French Prime Minister Manuel Vals.
Concerns that if the crisis response efforts in
Libya after Gaddafi era fail, then Libya could become a
"Mediterranean Somalia" were expressed by the special
envoy of the British government for the region. Jonathan
47
Powell warned that violence in Libya could be extended to
neighboring countries and in Europe.
Below we can see a timetable of the events that led
to the Political Instability in Egypt.
Table 1. Political Instability in Egypt: events’timetable
February 11,
2011
Egyptian President Hosni Mubarak stepped
down
Mubarak handed over power to the Supreme
Council of the Armed Forces (SCAF), headed
by the Minister of Defense Field Marshall
Hussein Tantawi.
SCAF stepped in to guide the country
through a transition to democracy, but
instead dismissed parliament and suspended
the constitution
March 19,
2011
SCAF with the help of mainly Islamist
constitutional experts, put a
“constitutional declaration” (temporary
constitution) to a referendum
Though the declaration would lift the
curfews and return security forces to
restore order and safety, it was opposed by
all secular forces.
Islamists roundly backed the Referendum,
which was approved by 77 percent of the
48
country
The referendum created a gap between
seculars and Islamists
September 10,
2011
A mob storms the Israeli embassy in Cairo,
forcing diplomats to flee.
October 9,
2011
Military police attacked peaceful Coptic
demonstrations, killing 25 people.
November 19,
2011
Clashes and major protests erupted in
Cairo’s central Tahrir Square to oppose the
early legislative elections
in November and December, legislative
elections took place
January 22,
2012
The results of the legislative elections
gave Islamists parties a majority in the
People’s Assembly
The Muslim Brotherhood’s Freedom and
Justice Party (FJP) won 47% of the seats,
followed by the more conservative Nour
Party with 25 percent of the seats, then
the liberal Wafd Party with 7% of the
seats. Islamists form a “constituent
assembly” to draft a new permanent
constitution.
April 12,
2012
Egypt’s Administrative Court dissolved the
100-member Islamist dominated “Constituent
Assembly”.
June 24, 2012 Mohamed Morsi of the Muslim Brotherhood won
49
the presidential election with a narrow
majorityJune 30, 2012 Mohamed Morsi sworn in as the first
civilian President of Egypt
A week later, Morsi issued a decree for the
return of the dissolved parliament.
July 9, 2012 The Supreme Constitutional Court ruled
reversed Morsi’s decreeAugust 12,
2012
President Morsi fired most of the top
military commanders, including Field
Marshal Tantawi.
Morsi issues a new constitutional
declaration granting him broad legislative
and constitutional powers never enjoyed by
any of Egypt’s presidentsOctober 11,
2012
Morsi attempts to remove Egypt’s general
prosecutor, provoking anger and triggering
mass protests. His second attempt is
successful in November.
November 28,
2012
President Morsi grants himself all
executive, legislative and some judicial
powers in order to speed up the process of
writing the constitution. Two weeks later,
the new constitution is approved by
referendum amid allegations of
irregularities by the opposition. Major
protests start nationwide
January 25, Second anniversary of the revolution
50
2013 intensifies the protests. More than 60
protestors killed near the prudential
palace. The street protests continue as the
economy continues to deteriorate. The
Egyptian Pound looses about 20 percent of
its value in the first two months of 2013.
March 1, 2003
- today
The political crisis affects tourism and
foreign investments, two of the main
sources of hard currency. Attempts at a
national dialogue and reconciliation
between the government and the secularist
opposition have failed, blocking any
prospect for stability and a better
economy. The secularist opposition insists
on constitutional reform and more
inclusiveness in government to solve the
political crisis. The continuation of the
political crisis puts Egypt at risk of
uprisings as the economy continues to
deteriorate
(Source: Foundation for Defense of Democracies, 2013)
51
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