On Monday July 23rd the class was pleasantly surprised to have our most animated guest speaker yet; Luis Goyanes.

Luis started out his career journey working for an international consulting firm until he decided he wanted to write a novel and quit. Que the confusion on the faces of most of the class as well as Luis’ first boss, but if Luis’ visit left any sort of impression it was to do what makes you happy and what you are passionate about regardless. As the novel itself did not pan out, his impulsive decision to leave his first job did. Although Goyances came from a background in sports, those sports were limited and did not involve the world favorite futbol. Yet somehow Luis found himself in the middle of the crazy but passionate world of European futbol, working for what is now one of the most famous futbol clubs in the world; FC Barcelona.
By today’s standards FC Barcelona is a thriving and popular sports brand and team. The current roster holds arguably the best player in the world and titles in both their Spanish league and the Champions league are plentiful. But the club has not always been held in such high regards. The team itself was facing a million dollar deficient in revenue and lacking any creditability globally when Goyanes first came to work for them. Although Luis lacked soccer knowledge in comparison to his peers, he proved to be the right man for the job.
Luis shared with the class just how he went about restructuring Barcelona almost entirely. Great change was needed to save this franchise and Goyanes stressed the importance of making the biggest changes in the first six months because “if you do not, the current policies begin to get too familiar and comfortable making you less likely to create the change needed in the first place”. To start implementing change Luis began firing people he found inadequate or unnecessary. Each change had to be managed and dealt with including the mentality that it was “all about winning”. Usually the main ideology behind any sports franchise is to win, but Goyanes realized winning wasn’t what was plaguing Barcelona, it was their lack of a recognizable brand.
As branding is one of the key elements, the class has preached in making it in the sports world, Goyanes’ visit was not only very entertaining due to his spirited personality but also very helpful in helping the class see just how important building a brand truly is. To go about changing Barca’s brand, Luis explained the politics involved when they finally landed their franchise star player; Ronaldinho. Goyanes went into to detail the bidding war that ensued between them and their rivals at Real Madrid. Barcelona strategically made public their interest in David Beckham only to entice Real to make him an offer and stay clear of their true target, Ronaldinho. Barcelona eventually got their star and their revenue starting to go up into a way of profit and out of debt. Changing out personnel and gaining star quality players are two main ways Goyanes turned the Barcelona club around and hearing how those great changes happened greatly benefited the class. As a student of this course I appreciated hearing first hand how smart management can turn a sports franchise around.