A1) Financial strengths and weaknesses of the symphony
Financial weaknesses of the symphony are cash flow due to low fund raising, and high expenses resulting from artist compensation.
Financial strengths of the symphony consist of high ticket sales and a large amount of concerts performed during the year resulting in high gross revenue.
Leadership strengths of the symphony would be in part to Keith Lockhart's report with the musicians, and his artistic vision.
Leadership weaknesses of the symphony would entail the vacant CEO position and the changing of the chairman of the board during the merge.
A1a) Key steps
Anne should address financial weaknesses of the symphony by implementing higher fund raising …show more content…
The vision of the new organization is to become a world-class performing arts organization.
The business model of the new organization should be to provide top quality arts entertainment through strategic fund raising, ticket sales, and resource management.
Strategic goals: Reducing operating expenses and increasing fund-raising through strategic planning and innovative fund raising techniques.
Critical success factor: Creating new avenues for