Task 1 Utah Symphony and Utah Opera Merger Meera Abraham Western Governors University Organizational Management May 12, 2014 Following the tragic event of Sept 11, 2001 the American economy has struggled to return to its former glory. The weakened economy has negatively impacted giving as a whole and brought about a steady decline of public interest such as government subsidies, and private such as individual and corporate pledges, ticket sale; to support Arts organization in America
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JFT2 Task 1 Bill Bailey When presented with the idea of a merger between the Salt Lake Symphony and the Opera, Bill Bailey and the opera trustees expressed concerns about the financial standing of the two organizations with the opera being financially stable and could be flexible in size, number of performances offered, number of full time staff and fundraising events. On the other hand the symphony, a 52 week orchestra employing 33 full time staff and 83 musicians which along with a loss in
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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
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RJFT: Task 1 Illustrate how Bill Bailey, chairman of the board of the Utah Opera Organization, might use one theory of motivation to oppose or support the merger: As Chairman of the Board of Utah’s Opera; Bill Bailey may feel positive about the possible merger between the Opera and the Utah Symphony but may consider employing the motivating principles of Victor Vroom’s “Expectancy Theory,” to ensure the success of this endeavor. Although the Opera may have historically been the more financially
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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 the
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RJFT Task 1 Bill Bailey, Chairman of the Board of the Utah Opera Organization, could perhaps use the Adam’s Equity Theory of Motivation to oppose the merger based on fairness to the opera. The symphony has no flexibility in when it chooses to appropriate funds for concerts whereas the opera can make key decisions on spending based on funds raised beforehand. Now I wouldn’t take to extreme measures to believe that trustees from the opera would retaliate against trustees of the symphony, but
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Utah Symphony Analysis Financial Strengths: The Utah Symphony received approximately 5% of its incoming from their endowment fund annually. The organization raised $3,829 in revenue from rental fees, sets, props, costumes, box office, etc. However, the symphony believes that the fundraising contributions are sufficient enough currently to allow ticket prices to remain the same as the prior year is successful. The up side is that there was a $116,308 in surplus at the end of the year. Utah Symphony
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RJFT Task 2 Action Plan 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. Below I have listed the strengths and weaknesses of the leaders and financial aspects of the Utah Symphony
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Utah Opera & Symphony Merger JFT2 Organizational Management ~ Task 1 Western Governors University January 22, 2012 THEORY OF MOTIVATION In order to support the merger, Bill Bailey needs to address his subordinates with the merger in a supportive way. The Utah Opera Organization and the Utah Symphony are both dealing with surmountable obstacles in regards to the survival of the arts. It would be beneficial in the long run, for the future of the arts to stand as one mighty organization
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Task 2 | |Satisfactory | |Articulation of Response (clarity, |The candidate provides adequate articulation of response. | |organization, mechanics) |
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