Sustaining the Arts by Means of Business Model Innovation

Sustaining the Arts by Means of Business Model Innovation

Two prominent Canadian arts organizations, facing imminent collapse, underwent organizational renewal via business model innovation (BMI). The authors examine the forces that led to failure, the process for revisioning work, the key elements of the new business model that created an informed, adapti...

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Veröffentlicht in:International journal of arts management 2022-03, Vol.24 (3), p.36-43
Hauptverfasser: Finley, Donna S, Sathe, Vijay
Format: Artikel
Sprache:eng
Schlagworte:
Arts
Business models
Corporate culture
Corporate management
Innovations
Leadership
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Zusammenfassung:Two prominent Canadian arts organizations, facing imminent collapse, underwent organizational renewal via business model innovation (BMI). The authors examine the forces that led to failure, the process for revisioning work, the key elements of the new business model that created an informed, adaptive and fiscally responsible organization, and the leadership required to conceive and implement BMI.
ISSN:1480-8986