1. Bill Bailey, chairman of the board of the Utah Opera Organization, could use McClelland’s need theory to support the merger with the Utah symphony based on the three principles that are entailed in the theory; need for achievement, need for affiliation, and need for power (Kreitner & Kinicki, 2010, p. 215).
Firstly, the need for achievement is met by understanding that people strive to master difficult situations, endeavors or challenges. This idea works on both an organizational level, as well as an individual level. From an organizational level, it is well known that a merger of this magnitude had never been attempted. With that brings a great challenge to succeed, and lets the leadership work in new and innovative ways to make such a merger successful. McClelland’s theory states, in regards to need for achievement, that people strive “To excel one’s self…to rival and surpass others… to increase self-regard by the successful exercise of talent” (Kreitner & Kinicki, 2010, p. 215). By this definition, the merger would motivate leadership to excel in the face of a challenge, and to increase their professional self-regard in their success in doing so. On an individual level, you are asking the performers and employees to recognize both economic and social climates, and to come together in action to save both their careers, as well as their passion in life. Such a merger would only embolden self-worth and perceived achievement, because they would be part of a much larger organization more adverse to risk and future change, and they would easily be able to look at other similar organizations and realize they were part of an organization who accomplished something never before attempted.
Another key idea in this theory that ...
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... employees trust going into such a merger is instrumental in influencing their decision to approve of such a merger.
In speaking with her staff, Anne needs to set very clear and obtainable goals to help motivate her employees. Kreitner and Kinicki (2010, p. 228), in speaking about how goals regulate effort, state that “Not only do goals make us selectively perceptive, they also motivate us to act…Generally, the level of effort expended is proportionate to the difficulty of the goal”. With this in mind, she should set challenging goals, and lead her organization to accept the merger with motivation.
Works Cited
Kreitner, R. & Kinicki, A. (2010). Organizational behavior (9th ed.). New York: McGraw-Hill.
DeLong, Thomas J (2005). "Utah Symphony and Utah Opera: A Merger Proposal." Harvard Business Review, 5-406-027. Boston, MA: Harvard Business Publishing.
Janet Dobbs, Vice President of the Greater Euclid Little Theatre (GELT), proposed a budget to the GELT board members, within the proposed budget, Janet Dobbs addressed four points, the first issue was regarding the unrealistic estimates for revenue and expenditures, in the second point, Dobbs should the contrasts of the expenditures and revenues over the past six years. Third, the debt crisis was addressed, and how just balancing the 2002 budget would not eliminate the crisis. Lastly, the budget touched upon the expenditure to reduce debt and increase profit. The board rejected the budget for many reasons. The budget reduced expenditures, most of the board members wanted to increase Spaulding’s salary, which was not included in the budget, and some believe that revenue for GELT would increase if the theatre sold every ticket for performances. Board members like Roberta Mackie, said “by limiting revenue projections, the budget committee was “constraining our ability to dream” and that “high revenue estimates would give the organization incentive to work to make them come true”.
In the year of 2005, the companies eventually found a way to make it easier for the companies to combine without having any major issues or problems. Unfortunately, around the year of 20010 the merging com...
In preparation to negotiate a merger between AAA HotelCo and Lambert Hotels, my team and I determined that both party’s interests complemented one another. For example, Lambert desired a presence in Brazil and AAA wished to gain access to the lucrative tourist market in the United States. Therefore, we were confident we could strike a deal and achieve these interests. However, due to the significant risks associated with the investment, both parties had several issues they wanted to settle in their favor. As a result, my team and I determined not only AAA’s principal interests, but also our secondary interests, so that we could successfully negotiate a win-win with Lambert. Despite our confidence in striking an integrative negotiation, we next determined our BATNA; AAA HotelCo would not merge with Lambert Hotels, but instead purchase a U.S.-based franchise, Excellent Hotels. Then, accounting for each issue, my team and I determined our reservation point as 300, our target point as 500, and our aspiration point as 750. Next, as suggested by the case, we decided to make an aggressive f...
CEO Johnston also has plans to bolster the company’s leadership with the best minds available and also use motivational techniques to invigorate his employees. These ideas show the character of the CEO in enhancing productivity from his work force.
A merger is a partial or total combination of two separate business firms and forming of a new one. There are predominantly two kinds of mergers: partial and complete. Partial merger usually involves the combination of joint ventures and inter-corporate stock purchases. Complete mergers are results in blending of identities and the creation of a single succeeding firm. (Hicks, 2012, p 491). Mergers in the healthcare sector, particularly horizontal hospital mergers wherein two or more hospitals merge into a single corporation, are increasing both in frequency and importance. (Gaughan, 2002). This paper is an attempt to study the impact of the merger of two competing healthcare organization and will also attempt to propose appropriate clinical and managerial interventions.
...dditionally, the merger can take place in smaller phases. For instance the first phase may include change of the physical look of the branches and the signage - – so as to convey a consistent view and experience for its customers. This phase may also include effective communication to the employees to educate them about the merger, ensure them of their positions and encourage them to participate in the merger. Second, the firm can totally combine the bank’s technology and the information systems which will allow the merged firm to operate as a single entity and to become fully operational. The management should implement the merger with care and prudence, aiming for minimal disruption for the customers and should communicate extensively to ensure all its stakeholders are kept fully informed as they make changes.
The soft factors can make or break a successful change process, since new structures and strategies are difficult to build upon inappropriate cultures and values. These problems often come up in the dissatisfying results of spectacular mega-mergers. The lack of success and synergies in such mergers is often based in a clash of completely different cultures, values, and styles, which make it difficult to establish effective common systems and structuresBased on the case study, extensive research and annual reports of AT&T the writer has mapped AT&T in the different domains. AT&T should strive to attain a perfect circle as close to the centre as possible, which indicates total synergy, order and equilibrium. Where the circle is skewed drastic change is needed as it moves closer to the outer ring of chaos:
What is opera? Opera is a theatrical work that was set to music for people to sing. People that sing regular music probably never tried to sing opera because the singers never had a microphone to use and the opera houses that they did the operas in was big so they had to reach the outer portions of the room. Opera houses were built for the extra space they need to put on the shows that they were doing. With extra space and more seats there need to be a change in how opera were done. Operas started to become more romantic and have more passion than ever before. With that came a style of singing using full rich broad tones and smooth phrasing, which is called bel canto style. The style is defined by beautiful singing.
The Symphony Orchestra concert was preformed by The OU School of Music with Jonathan Shames as a conductor and they presented Sutton Concert Series. In addition, the Orchestra concert performed at Paul F. Sharp Concert Hall in October 12, 2015.There were like forty-one performers on the stage including the conductor using different types of instruments and and all of them were wearing a nice black clothes. The stage was a quite large with wooden floor and there were two floors for the audience with a comfortable seating. However, all the performers were on round shape and against the conductor.
This past year (2000) I have been working in the sound booth for The John Lyman Center for the Performing Arts. Here at the John Lyman Center (JLC) we have been going through a time of transition. The former resident technical guru who had taken care of JLC's happenings had retired, leaving the JLC in a semi chaotic state. The dance school season was just about to start which happens to be our busiest time of the year. The administrative staff here at the JLC was franticly trying to find a replacement while interim Chris Hudacs fought his was through the perilous dance school season.
Remove barriers: If follow these steps and reach this point in the change process, and will discuss the vision and build the support of all levels of the organization. The Organization shall review the organizational structure, job descriptions, compensation and performance systems to ensure they are in line with this vision. Create urgency for change to occur, it is useful if the whole society really wants. Develop a sense of urgency about the need for change. This can help the company Alphabet Games spark of motivation to get things moving. It will help to identify potential threats, and develop scenarios showing what could happen in the future. It also examines
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Mergers and acquisitions immediately impact organizations with changes in ownership, in ideology, and eventually, in practice. There are multiple reasons, motives, economic forces and institutional factors that can, taken together or in isolation, influence corporate decisions to engage in mergers or acquisitions. The financial risks of merging with or acquiring an organization in another country and how those risks can be mitigated are important issues for corporations to conduct research on. This paper will examine the sensible and dubious reasons for mergers and acquisitions and the benefits and costs of the cash and stock transactions.
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