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Transcript of JFT2 JFT2 Task 3 Utah Opera and Symphony Strategic Goals Strategic Plan A Strategic Plan is made up of goals to achieve over a period of time (e.g. over the next year, five years, ten years.) It reflects the analysis you do that starts with creating a vision, and a mission statement, and includes your assessment of your culture, strengths, weaknesses, and identifies both threats and opportunities Organizational Culture Culture consists of the long-standing, largely implicit shared values, beliefs, and assumptions that influence behavior, attitudes, and meaning in a company (or society). (Tharp, 2009) The Competing Values Framework Different Organizational Cultural Types 1. “Collaborative (Clan)” Culture 2. “Control (Hierarchy)” Culture 3. “Create (Adhocracy)” Culture 4. “Compete (Market)” Culture Western Governors University S. Jackson Owen Slide Notes The goal of this presentation is to identify the different aspects of each individual company’s cultures and create a new business model that will integrate the business process, reduce overall expenses, retain key employees, maintain an audience base, and pursue the synergistic opportunities that exist between the two companies. Once identified, we will understand our mission and develop our strategic plan accordingly. This process is strategic because it involves analyzing the best way to approach the unique circumstances of the organization's environment. In other words, being strategic means being clear about the organization's objectives, understanding the organization's resources and limitations, and merging both into a dynamic changing environment. It is vital that we first understand and identify the cultures of both the Opera and the Symphony Slide Notes The Utah Symphony and the Utah Orchestra both have their own unique cultural attributes. We all know that
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