performing arts. Thus a proposal to merge the Utah Symphony and Utah Opera companies was made. There have been very few mergers of this type in history. In 1963 the Madison Symphony Orchestra and Madison Opera merged. Also‚ in 1985‚ the Chattanooga Opera and Chattanooga Symphony combined. These entities remained combined for a period of time‚ but ultimately disbanded due to ideologies and methodologies that differed. The Utah Symphony and Utah Opera merger discussion began in December 2001.The
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| Utah Symphony and Opera Merger | Organizational Management | Assignment 1 | | | . | Abstract The purpose of this merger is to combine the skills and resources of Utah Symphony and Opera Merger for better productivity and success. In this merger‚ focus will be given to the fundamental changes that will be conclusive for the smooth running of business operations for both the companies. With this analysis‚ Ann Ewers‚ the General Director of Utah Opera has to decide whether
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JFT2 Task 1 A1 The two motivational theories the board members Bill Bailey and Scott Parker should employ to motivate and support or oppose the merger between the Utah Symphony and the Utah Opera are McClelland’s Need Theory and Adam’s Equity Theory. Bill Bailey the highest ranking officer as chairman of the Utah Opera board is tasked with conducting business in an orderly fashion. As chairman‚ it is Bill’s job to lead the other board members from varying points of view or decisions to making
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Pollyette Milligan August 13‚ 2014 A1: Bill Bailey Bill Bailey sits as a member of the Utah Opera executive committee. He has been tasked with the investigation of determining an advantage or disadvantage in merging the Utah Opera and Utah Orchestra and Symphony. Currently‚ the Opera is financially stable and continues to be through the support of the community. Generally speaking‚ the support of the Opera could be fiercely harmed if the supporters feel strongly enough against the merger to decrease
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Activity-Based Costing and the Balanced Scorecard By Dr. Peter Turney Activity-based costing (ABC)‚ activity-based management (ABM) and the balanced scorecard (BSC) are established management methods. They are building blocks of performance management systems. ABC and ABM provide cost and other business intelligence about key business elements including resources‚ activities‚ products‚ services and customers. They enable managers to make decisions that improve cost and profit performance. The
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Case 1: Chemical Bank: Implementing the Balanced Scorecard see page 233-252 Questions for the case: 1. What does Mike Hegarty want to accomplish with the BSC ? 2. Comment on the BSC implementation at Chemical’s Retail Bank ? 3. What pitfalls need to be avoided for a successful BSC project? Balanced Scorecard Implementation Pitfalls to Avoid There are many Balanced Scorecard implementations where companies don ’t seem to get all the benefits described above. Research and experience have
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Analysis paper on Phillips Electronic Balance Scorecard What is a Balance Scorecard? A Balanced scorecard is a strategic planning and management system that is used extensively in business and industry‚ government‚ and nonprofit organizations worldwide to align business activities to the vision and strategy of the organization‚ improve internal and external communications‚ and monitor organization performance against strategic goals. It was originated by Drs. Robert Kaplan Harvard Business
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The Utah Opera is an adhocracy culture and is known as a culture that is externally focused‚ has much value and operates in a flexible manner. This culture is creative‚ adaptable‚ and is fast to grow (Kreitner & Kinicki‚ 2010). These qualities are displayed in Opera culture. Opera has much value on flexibility and allow their business for adjustment in both fundraising project and size of the Opera. This helps them in adjusting their products to be able to meet with their goals. Since Opera is an
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1. Evaluate the strengths and weaknesses of the balanced scorecard in this type of an organization. Brief summary of Montefiore Medical Center: * MMC started off in 1884 as a home for the chronically ill that other hospitals couldn’t help‚ dedicated in honor of Sir Moses Montefiore. * In 1963‚ Montefiore agreed to operate the patient care facility of the Hospital of the Albert Einstein College of Medicine. Both hospitals remained as distinct entities with separate administrations for the
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interesting meeting due to the balanced scorecard that was discussed. The manager at EEC found the concept to be very valuable which lead to a presentation being done about the balanced scorecard and discussed with other managers at the next meeting. A balanced scorecard is a concept that managers use to appropriately measure the strategic planning objectives. Business‚ governmental agencies‚ and nonprofit organizations are factors that are employed by the balanced scorecard. It is also involved in the
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