Response I was asked to analyze the Utah Symphony and Utah Opera merger proposal as Anne Ewers goes forward to manage the merger. I had to plan a proposal for Anne Ewers as she develops new strategies for measuring the success of this ongoing merger process. This art industry depends highly on donations from businesses and foundations. From many struggles, the art industries have developed low revenue, however; the Utah Opera and Utah Symphony need to integrate this merger for reduction of expenses for
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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 stated to tour internationally. Unlike artists
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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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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 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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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 opposed to the merger of his opera to the Utah Symphony for many reasons and wants to encourage his organization to oppose the merger. I believe he could us the Vroom’s Expectancy Theory to achieve this if presented properly. The Vroom’s Expectancy Theory states that the probability of a person acting in a certain way depends on
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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: 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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A.1 I believe Bill Bailey would best served to use the two-factor theory of motivation in order to support the merger between the Utah Symphony and the Utah Opera. The two-factor theory distinguishes between motivators and hygiene factors. Under this theory, motivators are considered to be challenging work, recognition, and responsibility which provide positive satisfaction within the job itself. Hygiene factors are status, job security, salary, fringe benefits, and working conditions. Hygiene
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employee’s performance level. Looking at the merger scenario between the Utah Symphony and the Utah Opera we can see that Bill Bailey, the chairman of the board of the Utah Symphony organization should use the Adam’s equity theory to stress his opposition to the merger. Currently the opera is financially stable while the symphony is not. The opera has also been utilizing funds wisely, while the symphony has been acting to the contrary. If a merger should occur, the opera employees may perceive
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