San Francisco Symphony (SFS) is a major orchestra of the United States, which has taken on ancillary activities as part of its mission to bring the best in music, Bay Area. Despite the increase in costs, SFS posted surpluses for 15 consecutive years. However, by the end of 1993, SFS face shift in its financial condition: forecasts indicated annual budget deficit of $ 25 million in total deficit by the end of the 1999-2000 season. In 1994, the SFS has just signed a "superstar" SFS music director lead in the 21st century for the orchestra whose ambitions were limitless. Students will step into the role of a member of the Executive Committee attend exit strategy to strategy SFS, which balances its financial needs and obligations, and artistic pursuits. Key issues for the financial plan and support operations are: 1) the relationship with the orchestra musicians and their collective agreement, 2) the ability of buyers to accept the continued growth in ticket prices, 3) the likelihood of a substantial increase in annual contributions, and 4) local responses to changes in the community orchestra activities, and 5) the new director of music waiting to support their artistic endeavors. "Hide
by William F. Meehan III, Molly McNamee, Dean Soulon Source: Stanford Graduate School of Business 20 pages. Publication Date: March 1, 2001. Prod. #: SM63-PDF-ENG
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