JFT2 Task 2 Detailed Guidance The key to doing well on this task is detail. Several sections require that you analyze information. This requires that you read carefully‚ think deeply and show your insight that you gained from the information provided in the case study. A1. Utah Symphony Strengths and Weaknesses When picking out the strengths and weaknesses of symphony there isn¿t a list to which you can refer. Rather‚ you will want to read the case study carefully and to use your insight to
Premium Management Marketing Project management
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
Premium Performing arts Music Leadership
Subject: Organizational Management‚ Task2 A. Develop an action plan: 1. Analyze the financial and leadership strengths and weaknesses of the Utah Symphony before the merger. Utah Symphony had a great deal of financial talent‚ but has been unable to find a strong source for future success. The potential merger builds on these strengths and weaknesses by creating a better future for both companies. Strength points: Symphony became one of the first orchestras from the western united
Premium Opera Orchestra Hector Berlioz
JFT2 – Organizational Management Task One – Tom Murray Bill Bailey Motivation As Chairman of the Board for the opera‚ Bill could rely on Maslow’s hierarchy of needs to find motivation tools to support the merger. Maslow theorizes that as one need is met the needs further up the pyramid become important. Both the opera and symphony exist and have lives thus meeting the physiological needs. Moving up the pyramid from safety through self-actualization Bill could find ways to describe how the merger
Premium Maslow's hierarchy of needs Motivation Abraham Maslow
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
Free Motivation Decision making Board of directors
Organizational Management- JFT2 Task 2 Western Governors University A)- Action Plan A1- Financial and Leadership strengths and weaknesses of the Symphony- The Utah Symphony shows financial weaknesses in several areas. Their cash flow is affected due to their low dollars in their fund raising area. They also experience a higher than normal expense rate that comes from the recompense that is paid to their artists that they employ. The Symphony does have some financial strength. The Symphony does
Premium Balanced scorecard Strategic management Collective bargaining
JFT2 Task 1 Analysis: 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
Premium Maslow's hierarchy of needs Motivation
JFT2 Task 1 Western Governors University JFT2 Task 1 A. Analysis The economic downturn across the United States caused a decrease in funding to 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
Premium Orchestra Music United States
Task 1 Detailed Guidance JFT2 Task 1 Detailed Guidance A1. Bill Bailey 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 Bill Bailey 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
Premium Motivation Management Psychology
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
Premium Strategic management