Preview

Organizational Management JFT2 Task 1 Utah

Better Essays
Open Document
Open Document
1824 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Organizational Management JFT2 Task 1 Utah
Organizational Management JFT2, Task 1:
Utah Symphony & Utah Opera Proposed Merger Analysis
Raygan Schieving
Western Governors University
Utah Symphony & Utah Opera Proposed Merger Analysis
In 2002, a proposal was made to merge the Utah Symphony and Utah Opera due to the failing economy, collapsing of the stock market, declining government financial support, and a waning of donations for the arts. The proposed merger would help both organizations by economizing on costs and expanding the artistic potential of both organizations. Each of the organizations need to support the decision in order for the merger to be successful.
A1. Bill Bailey and McClelland’s Need Theory
Bill Bailey, chairman of the board for the Utah Opera, can apply McClelland’s need theory to convince the other Utah Opera board members to support the Utah Opera and Utah Symphony merger. McClelland’s need theory is based on three needs: the need for achievement, the need for affiliation, and the need for power. Mr. Bailey sees a need for achievement (the ability to accomplish something difficult) both for himself and for the Utah Opera (Kreitner & Kinicki, 2013). For the Utah Opera, Bailey sees continued success and growth as its need for achievement. The merger also presents Bailey with an opportunity to personally achieve a difficult task—a merger that is quite rare in the arts world. If Bailey can effectively aide in the successful merger of the two organizations, he can help the Utah Opera achieve success and growth, essentially satisfying the organization’s need for achievement and securing support from the board for the merger, and satisfying Bailey’s personal need for achievement.
The second aspect of McClelland’s need theory, the need for affiliation, can be achieved with the merger. The need for affiliation refers to social relationships and activities, essentially belonging to and collaborating with a group. Bailey will need to highlight to the board that the merger provides



References: Delong, T. & Ager, D. (2005). Utah Symphony and Utah Opera: A Merger Proposal. Harvard Business School, 16. Kreitner, R. & Kinicki, A. (2012). Organizational Behavior, 10th Edition. [VitalSource Bookshelf version]. Retrieved from http://online.vitalsource.com/books/1259234185/epubcfi/6/42

You May Also Find These Documents Helpful

  • Powerful Essays

    Jft2 Task2 Part 2

    • 6878 Words
    • 21 Pages

    I have been asked to develop an action plan for Anne Ewers as she moves forward with the ongoing merger of the Utah Opera and the Utah Symphony. A balanced scorecard has been provided for both organizations, and this document will include analysis of the strengths and weaknesses of each organization and recommendations that Ms. Ewers can take to address the weaknesses. Additionally, I will analyze the four aspects (including strengths and weaknesses) of the scorecards for each company and finally identify one highly probable issue that could arise during the merger process in the areas of finance, human resources, and customer satisfaction. Recommendations will be made for how the merged company executives can mitigate each of these issues.…

    • 6878 Words
    • 21 Pages
    Powerful Essays
  • Good Essays

    Wgu Jft2 Task 1 Analysis

    • 2142 Words
    • 9 Pages

    The Utah Symphony and Utah Opera merger discussion began in December 2001.The cultures of both entities are very different and divergent. This leads to a process to unite the two companies that is a challenging process.…

    • 2142 Words
    • 9 Pages
    Good Essays
  • Better Essays

    Jft2 Task 2

    • 1445 Words
    • 4 Pages

    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 in their number of employees and financial compensation packages. These differences would prove challenging in a merger and could be the basis Bill Bailey would use to oppose such a merger.…

    • 1445 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Hsa 4180 Case Study

    • 842 Words
    • 4 Pages

    Generate a list of the ways in which you believe your responsibilities and the tasks you perform are likely to change because of the merger and your resulting new role. Hint: It may be helpful to make lists of what you imagine to be the circumstances before and after your appointment. For example, two obvious points of comparison involve number of employees (which implies many necessary tasks) and travel inherent in the job. See how long a list you are able to generate.…

    • 842 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    A1. The Utah Symphony was recognized as a Group II orchestra. Group I and Group II are distinguished by the endowment amount and level of annual expenditures. For the year of 2001-2002, the average endowment for Group I orchestras was around $76 million and $8.8 million for Group II orchestras. The Utah Symphony came in just shy of $12.2 million in 2000-2001 and was projected to be upwards of $13.7 million for 2001-2002. That being said, the Utah Symphony was considered to be at the top end of Group II symphony orchestras in the United States (Ager & Delong, 2005). However, even with these strengths within the symphony, prior to the proposed merger of the two organizations, the Utah Symphony’s financial state was declining. There were several factors due to the weak financial state. The musicians were part of a union, which negotiated a contract requiring high salaries, benefits and annual pay increases, which would cause the organizations expenses to increase. So, while revenue was projected to increase, this was offset by the increase in expenses. The cash balance was $116,308 in fiscal year 2000-2001 and projected at $2,042 for the following year, yet another financial weakness. In order to ensure a successful start of the merger, Anne would need to would need to come up with a plan. She could start by addressing the musician’s salaries. By referring to the board, as well as union leaders, Anne can learn about the requests specifications of the last negotiation. When presenting a new contract, she can influence the musicians to either take a lower wage or not to take a pay increase by showing them the income statement and explaining that the life of the organization is dependent on cutting costs and increasing revenue. Through this, she can show how the organization will not be able to operate at a surplus if expenses continue to increase, offsetting the revenue earned. Eliminating pay raises could be…

    • 3111 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    JFT2 Task 1

    • 758 Words
    • 3 Pages

    As Chairman of the Board for the symphony, Scott could rely on Adams’s equity theory of motivation to find support for the merger from Mrs. Abravanel (Mrs. A.). Mrs. A expressed opposition to the merger citing her husband as refusing to place second. Scott could illustrate to Mrs. A how the merger doesn’t place the symphony second to the opera, that it creates a new, more spectacular organization of the arts which would carry on Mr. Abravanel’s legacy into a new age. Scott could further illustrate how the strengths and weaknesses of the individual organizations will lend themselves to the other creating a fair and equitable structure where both programs will excel.…

    • 758 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Bill Bailey is opposing the merger of his opera with the Utah Symphony for numerous reasons. Mr. Bailey should point out to the board that, due to the opera’s reserve fund, they are a financially sound organization. The opera has been operating a financially responsible organization while the symphony has not. It will be perceived by the opera employees that they are being punished for the shortcomings of the symphony. The symphony is a larger organization and it will most likely be viewed that they are using the smaller organizations, the opera, funds to save the symphony. This will result in a perception, by opera personnel, of negative inequity since the symphony seemingly mismanaged their funds but are gaining the same rewards.…

    • 2393 Words
    • 10 Pages
    Better Essays
  • Better Essays

    JFT2 Task1

    • 2388 Words
    • 7 Pages

    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.…

    • 2388 Words
    • 7 Pages
    Better Essays
  • Better Essays

    Task 2

    • 2610 Words
    • 11 Pages

    When this merger was decided it was called into action because of the weakness within the Utah Symphony Orchestra and the Opera. Both are great companies but both could use the strengths of the others to improve. This paper will explore the leadership and financial strengths of both companies as well as a complete overhaul of the balanced scorecard of the businesses.…

    • 2610 Words
    • 11 Pages
    Better Essays
  • Better Essays

    Ernst & Young (1994), Mergers and Acquisitions, John Wiley & Sons, New York, NY, pp. 234-9. Retrieved 2012-02-03…

    • 999 Words
    • 3 Pages
    Better Essays
  • Best Essays

    Jft2

    • 3988 Words
    • 16 Pages

    Due to factors related to funding for the arts along with the downward turning in the United States economy, a proposal was made for the merger of the Utah Symphony along with the Utah Opera companies. The dire situation confronting the arts community became more and more apparent reaching a crisis level in 2001. The Utah Symphony Orchestra was close to a deficit as noted by Scott Parker, “Speed of action was essential...I knew that there was a possibility that we could quickly find ourselves over the edge,” (DeLong & Ager, 2004).There is very little precedence for mergers between a major symphony orchestra and opera companies in the history of the United States. The two examples offered in the history, the merger of the Madison Symphony Orchestra and the Madison Opera in 1963 along with the Chattanooga Symphony and the Chattanooga Opera in 1985, resulted in either the companies remaining intact for a period of time or in them separating due to different ideologies and methodologies. The two significant characters are Anne Ewers, who was asked to consider the position of CEO of the combined opera and symphony companies, and Keith Lockhart who is the very respected, long-time, music director and conductor of the Utah Symphony Orchestra. Both were invited to lead the merger in December, 2001. Given two very divergent cultures, they faced a very challenging process of uniting the two companies. The symphony environment is slow to change where as the opera was more adept to challenges and change. The executive committee felt ambivalent initially about the merger but due to the need to alleviate some of the financial pressures the organizations faced, they eventually agreed. However, opposition to the merger include members of the community as the audience and the musicians. Lockhart has a very delicate position as the musicians look to him to protect their interests. So he held in tension the trust of the musicians and the viability of the…

    • 3988 Words
    • 16 Pages
    Best Essays
  • Better Essays

    A2. Scott Parker Similar to A1 above, you will want to read through the theories of motivation found in chapter 8 of your textbook and select the theory that you believe would be most appropriate for Scott Parker to use, taking into consideration his position on the merger. Now you have the opportunity to show that you can take a theory and show, via discussion, how one would implement each of the components of a theory to successfully utilize the theory in real life. To do this you will need to discuss specifically what Bill might do to implement each of the parts of the theory.…

    • 854 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Bruce Tuckman's Model

    • 1540 Words
    • 7 Pages

    We will use Bruce Tuckman’s model for team development as a filter/map for progression throughout the merger and acquisition. Tuckman’s model has four stages forming, storming, norming, and performing.…

    • 1540 Words
    • 7 Pages
    Good Essays
  • Best Essays

    * For the corporation that has acquired another company, merged with another company, or been acquired by another company, evaluate the strategy that led to the merger or acquisition to determine whether or not this merger or acquisition was a wise choice. Justify your opinion.…

    • 1845 Words
    • 5 Pages
    Best Essays
  • Good Essays

    Rule of Merger & Demerger

    • 1505 Words
    • 7 Pages

    iv) The mergers should be effected to develop core competencies and to render professional services of a larger range spread over bigger geographical area. A merged big entity will always be superior to a network arrangement.…

    • 1505 Words
    • 7 Pages
    Good Essays