Utah Symphony and Utah Opera- A merger proposal Course instructor: Course: Name: Utah Symphony and Utah Opera- A merger proposal A Before the merger, Utah Symphony managed numerous budgetary issues. A significant budgetary shortcoming with the symphony is its powerlessness to arrange the compensations of the workers. The greater part of the symphony's representatives are under contact that abandons them with the money related load of needing to pay rates paying little heed to the ticket deals
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Utah Symphony and Utah Opera: Merger Proposal 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. Bill Bailey is currently the chairman of the board of the Utah Opera Organization. If you use one of the above motivation theories and knowing Bill Bailey's position as chairman of the board I think he could use McClelland’s Need Theory to support the merger. The use of the McClelland’s
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Section A1. UTAH SYMPHONY FINANCIAL STRENGTHS 1. Performance Revenues: The USO is projecting an increase in performance revenues in the amount of $679,795. 00. By bringing in more money from ticket sales, the USO will help mitigate some of the damage done by the weakened economy. To reach this increase the USO increased their concert schedule and will likely need to modestly raise ticket prices. 2. Contributions: Fundraising was very strong for the USO. An increase of $619,772 in contributions
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UTAH SYMPHONY AND UTAH OPERA: A MERGER PROPOSAL Case study prepared by Kristian Alexander for Professor John Oesch. © Rotman School of Management, Kristian Alexander, 2004. ____________________________________________________________ _______________________ 1. The case1 Unlike major arts organizations in Europe and Canada that rely heavily on government agencies for their funding, orchestras and opera companies in the United States operate according to a very different financial model
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A1. Before the merger, Utah Symphony had financial and leadership strengths and weaknesses. Financial strengths Symphony was the $8.8 million average endowments. A national trend led to the increases in ticket prices to yield higher revenues. The season prior to the merger, the symphony brought in considerable amount of revenue from events. The symphony brings in enough revenue to provide for full time positions for musicians through yearly contracts and salaries. The symphony is owned by the Salt
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|Utah Symphony and Utah Opera Merger Proposal| || 4/23/2012|Organizational Management Analysis| |This project will look at theories of motivation relating to the merger as well as discuss positional and personal power concepts. A discussion will also address the musician’s concerns which could potentially jeopardize the merger. The project will conclude with a look at various influential tactical strategies utilized in persuasion.| Utah Symphony and Utah Opera Merger Proposal Organizational
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RJFT Task 1 Utah Symphony and Utah Opera: A Merger Proposal Unlike major arts organizations in Europe and Canada that rely heavily on government agencies for their funding, orchestras and opera companies in the United States operate under a very different financial model. Income to support these organizations is generated primarily through ticket stales (approximately 46%) and individual contributions (approximately 36%) (Alexander, 2004). Since September 11, 2001, all arts organizations
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ensure the success of the merger between the Utah symphony and the Utah opera are as following. First and foremost certain issues need to be addressed. The Utah symphony and the Utah opera organization were dealing with several financial and leadership issues. Ewers would have to create some effective strategies for managing the key financial and leadership strengths and weakness of the combined organization in order for the merger to be a complete success. (A1) Utah’s Symphony financial strength:
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Utah Symphony and Opera Merger Analysis In: Business and Management Utah Symphony and Opera Merger Analysis |Utah Symphony and Utah Opera Merger Proposal| || 4/23/2012|Organizational Management Analysis| |This project will look at theories of motivation relating to the merger as well as discuss positional and personal power concepts. A discussion will also address the musician’s concerns which could potentially jeopard Bill Bailey is the current chairman of the board of directors for
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market collapse, events of September 11, 2001, support for the arts has been on the decline. A proposal has been presented that would merge the Utah Opera and the Utah Symphony. The belief is that this merger will help to cut costs and improve the perception of the two organizations, thus bringing interest back to the arts. Below is a list of the key players: Anne Ewers – General Director of Utah Opera since 1991. Known to be a very capable person and was presented with the opportunity to become
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