As I mentioned yesterday, Chris Ashworth has been “obsessed with finding a solution to the problem of funding theater.” He’s done an excellent job trying to break this down into little steps, so that his readers can follow. I’d like to piggy-back on his analysis, and add my own piece. As Baumol and Bowen noted [...]
Archive for the ‘Business Model’ Category
(Netflix + YouTube) / (time = money)
Posted in Business Model on October 15, 2009 | 18 Comments »
Knowing the Numbers
Posted in Business Model, Education, tagged Business Model, data, Education, small and rural communities on July 6, 2009 | 8 Comments »
It is time for arts organizations to get serious about data. We need to know the numbers backwards and forwards. We need to master the data. We need to be bilingual, speaking not only arts-speak, but also data-speak. If you “don’t do math,” as all-too-many arts majors whine as they face even the most basic math class, then get out of the way and let somebody else lead — you’re a drag on the field. If you find research reports “boring and tedious,” then step aside and let somebody lead who takes their field seriously. Until artists begin behaving like adults who run a business, they will be treated like children who have a hobby.
Business Model: Entrepreneurial
Posted in Business Model, tagged Business Model on May 28, 2009 | 2 Comments »
Actually, social entrepreneurship. According to John Elkington and Pamela Hartigan in The Power of Unreasonable People: How Social Entrepreneurs Create Markets That Change the World, “social entrepreneurs develop and operate new ventures that prioritize social returns on investment. For example, they aim to improve the quality of life for marginalized populations in terms of poverty, [...]