Cirque du Soleil is the subject of this year’s selected case! Over the last 24 hours‚ the teams have been analyzing the entertainment company’s partnership with MGM casinos‚ while the Cirque looks to enter new markets at Tokyo Disney Resort‚ Macao and Dubai World. They will have to recommend a sustainable model that can be as profitable as its relationship with MGM Mirage. The following summary is officially made available to the public attending the presentations as of Saturday March 27 at 9:00am
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rudimentary SWOT analysis for Cirque Du Soleil. A: Strengths: Every show in 20 years has produced a profit‚ encourages creativity‚ niche‚ financially strong‚ well known‚ great marketing‚ technology‚ database of 20‚000 potential employees‚ shows have a long run (10 to 12 years)‚ talent scouts recruit from all over the world‚ creative‚ leadership. Creative production staff. Great locations. Excellent leadership. B: Weaknesses: High turnover (people get older‚ can no longer perform)‚ High production
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Cirque du Soleil (English: Circus of the Sun) is a Canadian entertainment company‚ self-described as a "dramatic mix of circus arts and street entertainment." Based in Montreal‚ Quebec‚ Canada‚ and located in the inner-city area of Saint-Michel‚ it was founded in Baie-Saint-Paul in 1984 by two former street performers‚ Guy Laliberté and Gilles Ste-Croix.[2] Initially named Les Échassiers‚ they toured Quebec in 1980 as a performing troupe. Their initial financial hardship was relieved in 1983 by
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Cirque du Soleil International Strategy SMO 641: Business Strategy Individual Case Project Navjot Singh October 16‚ 2014 Cirque Du Soleil has been a global leader in performing arts industry. It is based in Montreal‚ Canada and has been privately held since its inception till 2008. In 2008‚ Guy Laliberté sold a 20 percent share of the company to Dubai based partners. Innovation and creativity are the pillars of Cirque’s competitive advantage. Human capital forms an essential part as it
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Cirque du Soleil: Juggling Act Baseline‚ June 10‚ 2005‚‚ http://www.baselinemag.com/article2/0‚1540‚1826548‚00.asp By Larry Barrett Danielle Savoie can’t fold herself into a pretzel or spin around on her head. But she walks a tightrope every day managing the information systems that make it possible for the Cirque du Soleil to entertain more people each year than the Yankees and Red Sox combined. The circus‚ which features astonishing acrobatics and Broadway-caliber music
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Cirque’s product and its strategy? Cirque is an artistic presentation of a circus without animals. According to Society of Human resource management‚ in 1984 a group of street performers‚ clowns‚ acrobats‚ and gymnasts banded together and formed the forerunner of Cirque du Soleil. The group toured Quebec and Ontario and then the United States‚ starting at the Los Angeles Arts Festival. In1992‚ Cirque performed in Asia for the first time. Since 1984‚ Cirque du Soleil has produced many shows; it now employs
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Introduction: Cirque du Soleil ("Circus of the Sun") is a Canadian entertainment company‚ self-described as a "dramatic mix of circus arts and street entertainment." Based in Montreal‚ Quebec‚ Canada‚ and located in the inner-city area of Saint-Michel‚ it was founded in Baie-Saint-Paul in 1984 by two former street performers‚ Guy Laliberté and Gilles Ste-Croix. Cirque du Soleil – History: A marvelous idea began to take shape in the early 1980’s in Baie-Saint-Paul‚ a charming village nestled on
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a) Background and Motivation The Cirque du Soleil‚ the arguably most famous circus in the world‚ has been founded in 1984‚ in Quebec‚ Canada. The two initiators of this company‚ Guy Laliberté and Daniel Gauthier‚ have always seen circus with a modern eye. Effectively‚ their power of creativity and their visionary ideas have been the key ingredients to make this circus a global empire. The comparative advantage which makes the Cirque du Soleil so unassailable is its creative inspiration and the perfection
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Cirque du Soleil Recruitment Analysis Introduction “Cirque du Soleil is a multifaceted creative workforce” encompassing “imaginary worlds‚ art forms from around the world‚ acting‚ acrobatic performance‚ dance‚ daring‚ dexterity‚ and grace” (Cirque du Soleil‚ 2010). Putting together the right workforce to achieve this result is not necessarily an easy feat. This paper will explore the recruitment decision-making process for attracting job candidates (demand) from the available labor force (supply)
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Cirque du Soleil Q1. How would you assess the attractiveness of the circus industry in early 1980s? What would you conclude from industry analysis? The Circus has been an extremely popular form of entertainment during the 20th century. The circus creates an image of drifters and dreamers in the mind. In the 20th century the emphasis on spectacle continued on 3 ring formats. The following factors played a major role in the attractiveness of the circus industry:- * Animal acts provided an added
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