MCC World Cricket committee Member Steve Waugh believes the hosting of the London 2012 archery event at the Home of Cricket will increase the Ground's global profile.
Waugh was speaking ahead of the start of the archery competition, which kicked off with the ranking round events on Friday 27 July - the first event other than football to get underway.
After a career spent excelling as one of the most prolific batsmen and captains in international history, Waugh is in London for the Games in his role as Australia's Olympic Athlete Liaison Officer.
A regular at the Home of Cricket as a player and now as a tireless Member of the Club's WCC, Waugh admitted he found the Ground looking unusual.
He said: "I never thought I would see it like this and I'm sure the Marylebone Cricket Club members didn't either."
Despite that, Waugh was positive towards the affect hosting the Olympics would have on Lord's - and the effect the famous venue could have on the sport of archery.
"It increases the profile of Lord's across the world," added Waugh, now 47.
"And the great thing about the Olympics and archery being at Lord's is it will raise the profile [of Archery as a sport]."
Waugh played 168 Tests and 325 ODIs for Australia between 1985 and 2002, including four at the Home of Cricket. In those fixtures he was unbeaten as a player and finished with an extraordinary batting average of 115.50 - including a century in 1989.
He has become a prominent member of the WCC since joining the committee - leading its corruption working party.
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