About This Assignment
Please review all attached files and sources.
For this assignment, you will submit your final research paper.
Directions
1. Using the elements that you have created thus far in the course, complete your 8-10 page final research paper.
· Incorporate a minimum of 8 research-quality references.
2. Submit your final research paper as a Word document.
Overview
In its final form, your research paper will serve as a portfolio document establishing a firm foundation to support all of your future coursework in your degree program. Although the paper has value in and of itself, remember that it is also a representation of less tangible elements. When you complete your paper, understand that each paper represents an experience – long nights and afternoons in front of the computer pouring your creative energy and intellectual labor into your work. The final paper symbolizes your efforts to master the practical tools of academia as well as the critical thinking skills required for sustained, in-depth analysis required by graduate students.
Guidelines:
· Length: The research paper should be at least 8 full pages long (Times New Roman 12, double-spaced, 1-inch margins both left and right). The required 8-10 pages do not include the front matter (title page, abstract), or the References page(s). If your paper is 8 pages, the 8th page must be full.
· Sources: The research paper should incorporate a minimum of 8 research-quality references. See Category 2.1 in the rubric (Evidence) for more details
· Style: The research paper should conform to the APA format in all aspects, including page guidelines, section titles, headings, and citations. Refer to the Writing Guidelines and APA Resources page for general writing requirements and citation guidelines.
· Composition: The research paper should exhibit the structure and literary style of a scholarly journal article. This includes precise language (rather than colloquialisms and hyperbole), a neutral and respectful tone, and structural coherence. See Category 3 in the rubric (Mechanics and Style) for more information
· Evidence: Assertions, inferences, and conclusions should be based on objective analysis of verifiable evidence (rather than subjective experiences, unsupported opinions, and personal values). See Category 2 in the rubric (Evidence and Reasoning) for more details
· Approach: The research paper should be analytical (investigating a clearly-defined problem, seeking answers to specific questions, exploring an issue of consequence, drawing conclusions based on research), rather than argumentative (proving a point, making a case, seeking evidence to support a pre-defined thesis).
Writing Guidelines and APA Resources
Writing Guidelines
Course assignments allow students to demonstrate graduate-level writing, critical thinking, and organizational skills. To maximize your scores:
· Ensure ideas are well organized and supported; sentences are clear, concise, and precise, with proper spelling, grammar, and scholarly tone)
· Use APA 7th edition style format for written assignments (no other style is acceptable)
· Include a properly formatted cover page (see heading below) and reference list
· Use double spacing, 12-point Times New Roman typeface, and 1-inch margins
· Follow specified word count/page requirements (title pages and references do not count toward these)
· Include hanging indents in papers (not required in discussion posts)
· Number each page and use headings and subheadings as appropriate
· Adhere to the guidelines on plagiarism and academic integrity
· Save your assignment with your name and the assignment title; e.g., “Dawson Unit 1 Individual Assignment”
Intro- Introduction paragraphs about the main areas and components of the research paper, which include;
· Traits of successful organizations, good leadership/leaders and why they succeed. Business strategies, both good and bad and what strategies work to have a successful business.
· Research of the fitness industry, a market analysis, and the pros and cons of gyms and the fitness industry overall, using examples of good and bad gyms and management.
· Lastly, the benefits and advantages of an all-purpose gym facility with a holistic approach, targeting the mind, body, spirit, and well-being of the consumers.
Statement along with the visual concept map photos (outlines all topics involved)
Why do some organizations succeed, and others fail? What strategies and standards do an organization need to be successful? What are the major problems in the fitness industry? What are the biggest risks of a business startup? My research will analyze and answer these questions. The research project will explore the development of the fitness industry and implementation of a business plan for a unique health and wellness facility with a holistic approach. I will be studying the fitness industry, established companies, the market, the target audience, key statistics, and other factors that relate to the topic. I will study business strategies, and how leadership is important to the overall success of an organization. Lastly, my research also will dive into common pros and cons of gyms in the fitness industry.
Problems:
1. Overcrowded public gyms with limited weight access, limited resources, and long wait times. 2. People often go to different facilities for different services and benefits.
3. The general public and professional athletes usually don’t train at the same facility.
4. People want privacy when they workout. Females want privacy at the gym.
5. A family of 5 with parents and kids need a daycare, a gym, tutoring, etc.
6. Parents with kids don’t have time to workout, or may not trust a daycare.
Solutions:
1.An all-purpose well-being facility with sports performance, general fitness, physical therapy, study rooms, and a daycare all in one place.
2.The daycare includes surveillance cameras accessible for parents to view.
3.The gym is split in half, a general fitness area, a sports area.
4.People may want to use one or all entities, therefore each of the
individual areas are private, sectioned off and kept separate.
Benefits:
1. Time
2. Money
3. Resources
4.Mental health
5.Offer scholarships/discounts
6.Helps community outreach
7.Targets all ages, all genders
8.Whole family
9.Elite staff and equipment
10.Great facilities
Paper outline of sections:
Business strategies- Good versus bad business strategies and which factors work to have a successful business.
Leadership- Good vs bad leadership strategies, traits of a successful leader in organizations
My Standards and Core Values of a good organization: At least one paragraph
Benefits of an all-purpose holistic gym facility – at least one page of paragraphs
Conclusion- Summarize, restate, closing thoughts.
REFERENCES
https://houseofathlete.com/
https://www.thekollective.com/
https://sportsacademy.us/memberships/
https://sandersfit.com/
https://www.forbes.com/sites/benmidgley/2018/09/26/the-six-reasons-the-fitness-industry-is-booming/?sh=56b0bf70506d
https://www.babycenter.com/family/money/how-much-youll-spend-on-childcare_1199776
https://blog.hubspot.com/marketing/business-strategy
https://smallbusiness.chron.com/risks-opening-gym-13899.html
https://www.t-nation.com/alpha-life/6-reasons-you-should-never-open-a-gym/
https://sites.hanover.com/linec/docs/5-hidden-risks-white-paper.pdf
https://www.wgu.edu/blog/starting-a-business-how-entrepreneurs-handle-risk1810.html#:~:text=There%20are%20five%20kinds%20of,risk%2C%20and%20sales%20execution%20risk.
https://www.embroker.com/blog/startup-risks/
https://www.etonline.com/kobe-bryant-day-what-mamba-mentality-meant-in-his-own-words-140424
Annotated Bibliography:
Here is an annotated bibliography for “The Leadership Secrets of Nick Saban” by John Talty:
1. Talty, J. (2022). The leadership secrets of nick saban: How Alabama’s coach became the greatest ever. Matt Holt Books, An Imprint of BenBella Books, Inc.
This book delves into the leadership principles and strategies employed by Nick Saban, the head coach of the University of Alabama football team. Written by John Talty, a sports journalist with expertise in college football, the book offers insights into Saban’s coaching philosophy, management style, and approach to leadership. Drawing from interviews with Saban, his players, and other coaches, Talty provides readers with a comprehensive understanding of how Saban has built and sustained a successful football program known for its consistency and excellence. The book covers various aspects of leadership, including goal-setting, accountability, teamwork, and continuous improvement, making it a valuable resource for leaders in both sports and business.
John Talty’s book delves into the leadership philosophy and strategies of one of college football’s most successful coaches, Nick Saban. Drawing on personal interviews with Saban and those close to him, as well as extensive research, Talty provides readers with insights into Saban’s approach to team building, leadership, and achieving success on and off the field. The book offers practical lessons and actionable advice for leaders in any field, emphasizing the importance of discipline, accountability, and relentless pursuit of excellence. Through anecdotes and examples from Saban’s coaching career, Talty illustrates how Saban’s principles can be applied to inspire and motivate individuals and teams to reach their full potential. This book serves as both a biography of Saban and a guide to effective leadership, making it valuable reading for anyone interested in leadership development and organizational success.
2. Brown, D. (2016, October 26). Risks of opening a gym. Small Business – Chron.com. Retrieved November 10, 2022, from https://smallbusiness.chron.com/risks-opening-gym-13899.html
Brown examines the potential risks associated with starting a gym business, including financial challenges, market saturation, and operational complexities. The article highlights key considerations for entrepreneurs entering the fitness industry, providing insights into risk mitigation strategies and business planning. Understanding the risks involved in establishing a gym facility is crucial for developing a comprehensive business plan and ensuring long-term success.
3. Chi, C. (2022, September 21). Business strategy: What it is & how to build an effective one. HubSpot Blog. Retrieved November 10, 2022, from https://blog.hubspot.com/marketing/business-strategy
Chi delves into the fundamentals of business strategy, offering guidance on building an effective and sustainable strategic framework. The article explores various components of business strategy, including market analysis, competitive positioning, and goal setting. By elucidating the principles of strategic planning, this resource equips entrepreneurs with essential tools for developing a robust business plan for a health and wellness facility.
4. House of Athlete: House of athlete. House of Athlete | House Of Athlete. (n.d.). Retrieved November 10, 2022, from https://houseofathlete.com/
House of Athlete exemplifies a holistic wellness facility that integrates fitness, performance training, and recovery services. The website provides valuable insights into the operational model and amenities offered by a successful health and wellness establishment. By studying House of Athlete’s approach to holistic well-being, entrepreneurs can glean valuable lessons for designing their own multifaceted facility.
5. Midgley, B. (2022, October 12). The six reasons the fitness industry is booming. Forbes. Retrieved November 10, 2022, from https://www.forbes.com/sites/benmidgley/2018/09/26/the-six-reasons-the-fitness-industry-is-booming/?sh=56b0bf70506d
Midgley identifies six key factors driving the growth of the fitness industry, ranging from increased health consciousness to technological advancements. The article provides valuable statistics and market analysis, offering insights into the dynamics shaping the fitness landscape. Understanding the underlying trends contributing to the industry’s growth is essential for entrepreneurs seeking to capitalize on emerging opportunities.
6. Tailor Leena. (2020, August 24). Kobe Bryant Day: What ‘mamba mentality’ meant in his own words. Entertainment Tonight. Retrieved November 10, 2022, from https://www.etonline.com/kobe-bryant-day-what-mamba-mentality-meant-in-his-own-words-140424
This article explores Kobe Bryant’s “Mamba Mentality” and its significance in his pursuit of excellence and resilience. By reflecting on Bryant’s philosophy, entrepreneurs can draw inspiration for fostering a culture of determination, continuous improvement, and leadership within their health and wellness facility. Integrating principles of the “Mamba Mentality” into the business ethos can cultivate a competitive edge and drive success.
7. Western Governors University. (2020, April 15). Starting a business: How entrepreneurs handle risk. Western Governors University. Retrieved November 10, 2022, from https://www.wgu.edu/blog/starting-a-business-how-entrepreneurs-handle-risk1810.html#:~:text=There%20are%20five%20kinds%20of,risk%2C%20and%20sales%20execution%20risk.
This resource from Western Governors University explores the various types of risks entrepreneurs face when starting a business, including financial, market, operational, and sales risks. The article provides insights into risk management strategies and highlights the importance of contingency planning and resilience. Understanding the multifaceted nature of business risks is crucial for entrepreneurs to develop a comprehensive risk mitigation plan for their health and wellness facility.
8. The Hanover Insurance Group. (n.d.). Retrieved November 10, 2022, from https://sites.hanover.com/linec/docs/5-hidden-risks-white-paper.pdf
The Hanover Insurance Group’s white paper discusses five hidden risks that businesses may encounter, including cyber threats, supply chain disruptions, and regulatory changes. The document emphasizes the importance of proactive risk management and offers practical advice for identifying and mitigating hidden risks. By addressing these often overlooked risks, entrepreneurs can enhance the resilience and sustainability of their health and wellness facility.
9. Kollective. (n.d.). Retrieved November 10, 2022, from https://www.thekollective.com/
Kollective is a collaborative workspace that fosters creativity, innovation, and community engagement.
The website showcases the benefits of a shared workspace environment, including networking opportunities, access to resources, and a supportive community. By examining Kollective’s approach to collaborative workspaces, entrepreneurs can gain insights into creating a vibrant and inclusive environment for their health and wellness facility.
10. Memberships. Sports Academy. (n.d.). Retrieved November 10, 2022, from https://sportsacademy.us/memberships/
Sports Academy offers a variety of membership options tailored to individual fitness goals and preferences. The website provides detailed information about the amenities and services included in each membership tier, allowing potential members to make informed decisions. By studying Sports Academy’s membership model, entrepreneurs can develop a membership structure that meets the diverse needs of their health and wellness facility’s clientele.
11. Romano, J., & John Romano, T. N. (2022, March 25). 6 reasons you should never open A gym. T NATION.Retrieved November 10, 2022, from https://www.t-nation.com/alpha-life/6-reasons-you-should-never-open-a-gym/
Romano and Romano present six compelling reasons why opening a gym may not be a viable business venture, including high competition, low profit margins, and operational challenges. The article offers a critical perspective on the fitness industry and highlights potential pitfalls that entrepreneurs should consider before embarking on a gym business. Understanding the risks and challenges associated with gym ownership is essential for entrepreneurs to make informed decisions about their health and wellness facility.
