Friday, May 24, 2019

Detailed Guidance Essay

The key to doing well on this task is detail. Several sections require that you analyze information. This requires that you read carefully, speculate deeply and show your insight that you gained from the information provided in the baptistery study.A1. Utah Symphony Strengths and WeaknessesWhen picking out the strengths and weaknesses of symphony there isnt a list to which you abide refer. Rather, you lead want to read the case study carefully and to use your insight to discover indications of strengths and weaknesses in the data provided in the case. Be sure to allege examples and to address all four required areas including pecuniary strengths/financial weaknesses & leadership strengths/leadership weaknesses of the symphony. The key will be to think deeply just about the facts of the case and to provide insightful responses.When considering financial strengths and weaknesses some items that you top executive consider imply profit great power, stability, capital availabilit y, reliance on revenue streams, fundraising, endowment sizes, expenses structures, policies that matter finances etcetera and any function that you believe would affect the finances of the firm in a positive or negative way.When considering leadership strengths and weaknesses your focus should be on the leaders of the symphony, Keith Lockhart. What his strengths that you sewer make a case would improve is effectiveness as a leader? What are his weaknesses that would lessen his effectiveness as leader? Another thing to consider would be if there are any va micklet key positions that would influence the leadership of the organization.Be sure to expound upon distributively strength and weakness. For a theoretic example if I were to indicate that the opera had a profit I would further indicate whether this was a strength because it was significant or I could as easily support that it the profit was so small in relation to its expense structure that the level of profitability was ac tual a financial weakness. nowadays that I had made a general claim I would bring in the numbers from the case study to support my claim and because regard on to the next strength or weakness. The key will be to discuss each strength and weakness enough to establish that it is, in fact, a strength or a weakness.A1a. Steps for Utah SymphonyNow youve provided some really good insight in your discussion about weaknesses for the symphony and in doing so you have identified a number of weaknesses. The evaluators will be looking to see that youve provide recommendations of key steps that Anne can take for each of the weaknesses that you identified in your discussion. Also, with regard to key steps you will want to identify specific actions that Anne can take. For examples if one of the weaknesses is poor fundraising you might suggest that Anne sets asunder a period of time each week during which she can employ her fundraising skills to improve fundraising. The recommendations of steps that she can take can be common-sense, basic steps (nothing fancy) but that would be effective in dealing with the weaknesses.A2. Utah Opera Strengths and WeaknessesReview the case study carefully to find examples of the strengths and weaknesses in the financial and leadership aspects of the symphony. Be sure to muster examples and to address all four required areas including financial strengths/financial weaknesses & leadership strengths/leadership weaknesses. The key will be to think deeply about the facts of the case and to provide insightful responses.When considering financial strengths and weaknesses some items that you might consider include profitability, stability, capital, liquidity, revenue streams, fundraising, endowment sizes, expenses structures, policies that effect finances etc.When considering leadership strengths and weaknesses your focus should be on Anne Ewers. What are her leadership strengths? What are her strengths that you can make a case for would assist h er ability to lead? What are her leadership weaknesses? Does she have any personal liabilities that wouldweaken her ability to lead.Be sure to expound upon each strength and weakness. For a hypothetical example if I were to indicate that the symphony had a profit I would further indicate whether this was a strength because it was significant or I could as easily support that it the profit was so small in relation to its expense structure that the level of profitability was actual a financial weakness. Now that I had made a general claim I would bring in the numbers from the case study to support my claim and then move on to the next strength or weakness. The key will be to discuss each strength and weakness enough to establish that it is, in fact, a strength or a weakness.A2a. Steps for Utah OperaNow youve provided some good insight in your discussion about weaknesses for the Opera and in doing so you have identified a number of weaknesses. The evaluators will be looking to see that youve provide recommendations of key steps that Anne can take for each of the weaknesses that you identified in your discussion. Also, with regard to key steps you will want to identify specific actions that Anne can take. For examples if one of the weaknesses is poor fundraising you might suggest that Anne sets aside a period of time each week during which she can employ her fundraising skills to improve fundraising. The recommendations of steps that she can take can be common-sense, basic steps (nothing fancy) but that would be effective in dealing with the weaknesses.A3. Scorecard AspectsFind and download the Balanced Scorecard document given to you in Task Stream. The balance scorecard is not covered in your book. Look at the book from SkillPort Performance Drivers A Practical Guide to Using the Balanced Scorecard. This is where the template came from. commemorate chapter 1, 2 and 3 to best understand it. Compare the information in the current scorecards for each familiarity to the cultures you can discern from the case study. Do you think the scorecards adequately address the strengths and weaknesses? Why or why not?B. Merged Company Balanced Scorecard(Create a Balanced Scorecard for the merged company using the strategic goals. These goals are given to you in the directions for the task (see information above the questions).Dont just combine the symphony and opera goals, CSFs and measurement. Use the strategic goals to develop a goal for each of the four aspects. Now, be creative, what should the critical success factors and measurements be? Make sure to create and include a vision statement and a business model statement (you can use the ones on the symphony and opera balance scorecards as a model). When creating the goals for the individual sections of the balanced scorecard you will want to create goals that are specific to the section (finance, customer, intrinsic etc.) but that, if achieved, would help the company to achieve the cardinal first -year strategic goals that are identified at the top of the task.C. Merged Company Strengths and WeaknessesThe key here is to analyze the company utilizing the balances scorecard as an analytic tool. In earlier sections you had to analyze strengths and weaknesses as you pull them out of the facts of a case study. However, now you have been introduced to a new analytical tool the balanced scorecard and you will need to analyze each element of the balanced scorecard. You should analyze the strengths and weaknesses of the merged company addressing each section of the scorecard e.g. financial customer, internal process & learning and growth.D. IssuesFrom reading the case study and after reading about change management in Chapter 18 of the Kreitner and Kinicki, discuss an issue in each of the 3 areas (finance, human resources, and customer satisfaction) then include good mitigating steps that Anne could take to prevent the problem.D1. Mitigating Actions This section requires that you id entify 3 actions that Anne can directly take to mitigate the three issues you identified above. (You should provide one recommendation for each of the issues that you identified in part D.) You should not only identify, but should overlyexplain, exactly what Anne should do for each of the three recommendations that you provide.E. In-Text Citations and References in APA FormatEvery reference that is listed on the Reference list should have been cited in-text in your response. If you did not cite something in-text it should be taken off of this reference list. However, at minimum you should cite the case study and the course textbook and there should be corresponding in-text citations inside your response.

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