Boston Lyric Opera Pedagogical Objective The “Boston Lyric Opera” case‚ the first documented application of the Balanced Scorecard to an arts organization‚ was written to illustrate the application of the Balanced Scorecard to a nonprofit organization‚ especially one whose performance some people believe can not be quantified and measured. The case provides the history of the arts organization and describes its prior strategic planning process. It shows how developing the scorecard‚ a logical corollary
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JFT2 Organizational Management Task 2 Developing an action plan for Anne Ewers The Utah Symphony has proven its ability to generate substantial sums of Revenue with both performance revenues and by securing large sums of income from governmental grants along with generous contributions from individuals‚ corporations and foundations. The Symphony’s ability to draw large crowds along with their demanding schedule length allows them to offer the community ample opportunities to participate
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cause-and-effect relationships between different strategic objectives and their measures‚ or key performance indicators (KPIs) that are included in a balanced scorecard. The concept of strategy maps was introduced to the business world in 2001 by Robert S. Kaplan and David P. Norton as a means to illustrate and elaborate their earlier concept‚ the balanced scorecard. The standard reference for the strategy map is their book The Strategy-focused Organization.[1]. A further standard reference is their third
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SISTEMA DE DE CONTROL DE GESTIÓN: EL BALANCED BUSINESS SCORECARD. PREGUNTA 1: Nuevo modelo de control para soportar la organización del futuro: nuevos condicionantes competitivos y nueva estructura de los negocios La estrategia se constituye en respuesta a la dinámica del propio entorno‚ lo que obliga muchas veces a las empresas a una readaptación conjunta de todos sus elementos y a evolucionar. De ahí la necesidad de instrumentos como el Balanced Scorecard que pueden emplearse como un buen
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statistics were given on a scorecard where each state was evaluated fairly and equally and then given a number out of 100 to determine gun control strictness. When the data is compared per state‚ there is little evidence to show correlation between violent crime rates and gun control strictness. I have learned about the Brady Scorecard and find their measurement of gun control to be the best method to rank each of the fifty states based on strictness of gun laws. The Brady Scorecard grades strictness of
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JFT2 Task 1 August 2‚ 2015 A1: One Theory of Motivation for Bill Bailey William “Bill” Bailey is chairman of the board for the opera. Bailey is in a position of power to influence others (mainly the Board of Directors) to either support or oppose the merger. While there are multiple theories that could be used‚ I believe that the best is Vroom’s Expectancy theory. This theory “holds that people are motivated to behave in ways that produce desired combinations of expected outcomes.” (Kinicki
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In analyzing the Utah Symphony and Utah Opera merger case study‚ it was obvious that many factors‚ finances‚ personalities‚ and even the community would be involved. The wide reaching affects of a merger between these two types of organizations was eye opening. At the time of the proposed merger‚ the Utah Opera had a stronger financial footing and was not in danger of closing. The Utah Symphony however‚ was sliding down a dangerous financial slope. The organizations were structured differently
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JFT2-Organizational Management Task 1 A1. As the chairman of the board of the Utah Opera‚ Bill Bailey is in a position of influence to motivate the Opera’s board of directors to oppose a merger with the Utah Symphony by employing the use of Vroom’s Expectancy Theory. This theory suggests that people are motivated by three distinct determinants; valence (reward)‚ expectancy (performance)‚ and instrumentality (belief). Vroom believed that motivation is a result of the level to which a person desires
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motivate the Utah Opera to oppose the merger with the Utah Symphony. Vroom’s Expectancy Theory assumes that behavior results from conscious choices among alternatives whose purpose it is to maximize pleasure and minimize pain. (Research:University of Cambridge) People are more likely to be motivated to do something when they believe it will be a positive benefit for them. Mr. Bailey must decide whether or not to support the merger and determine if the outcome is beneficial to the Opera. Mr. Bailey
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Competing Values Framework Model for Merger Proposal of Utah Opera and Symphony Meera Abraham Competing Value Framework https://www.google.com/search?q=competing+values+framework Utah Opera Culture Adhocracy Culture- tailored business model to adapt to change in the economic and financial situation. They are flexible to change size and fund- raising projects. Authority and decision making is Anne Ewers who report to the Board of Trustees. Utah Symphony Culture Hierarchy Culture – maintain stability
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