rapidly forms teams to face new challenges. 3. Leaders are innovative entrepreneurs who take calculated risks to make significant gains. Slide 3 – Comparison of current cultures of both the Utah Symphony and Utah Opera utilizing the Competing Values Framework: Utah Opera – Market – Currently, the Utah Opera would be classified as a
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JFT2 Task 1 A1 The two motivational theories the board members Bill Bailey and Scott Parker should employ to motivate and support or oppose the merger between the Utah Symphony and the Utah Opera are McClelland’s Need Theory and Adam’s Equity Theory. Bill Bailey the highest ranking officer as chairman of the Utah Opera board is tasked with conducting business in an orderly fashion. As chairman, it is Bill’s job to lead the other board members from varying points of view or decisions to making
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Governors University JFT2 Organizational Management Task 2 A1. Utah Symphony Strengths and Weaknesses The Utah Symphony has been a leading arts organization in the western part of the United States for decades. They have a rich, long history. Many strengths have contributed to this success and continue to do today. Financially, the organization is able to raise money through various means. For the fiscal year 00-01, the symphony was able to raise $3.8 million through performance revenues, $3
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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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Utah Symphony And Utah Opera Merger RJFT Task 2Iesha ArmourA. 1. “Before the merger the Utah Symphony dealt with many financial issues. A major financial weakness with the symphony is its inability to negotiate the salaries of the employees. All of the symphony’s employees are under contact which leaves them with the financial burden of having topay salaries regardless of the ticket sales. A financial strength of the symphony was the aboveaverage endowments. The symphony was considered to
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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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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 Orchestra. Utah Symphony Orchestra
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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 funding left the symphony facing some financial
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| |A1. Utah Symphony Strengths and |The candidate provides a plausible analysis, with sufficient support, of the financial and leadership strengths and weaknesses of the Utah Symphony before the merger. | |Weaknesses | | |A1a. Steps for Utah Symphony |The candidate
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1. Bill Bailey could use Maslow’s theory of motivation in order to show support of the merger by appealing to people’s most pressing needs within the Utah Opera Organization. (Krietner, 2010) People ultimately react in a way that serves their own needs and aspirations. Bill Bailey would need to tap into those needs in order to make sure the merger goes as smoothly as possible. The first need that would have to be satisfied would be the physiological which would include hunger and sleep. In this
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