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Funding Models and Management Mindset

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  • Salvaggio, Salvino A.

Abstract

This brief note explores the relationship (if any) between an orchestra's funding model and the management mindset of its leadership team, which is a crucial yet understudied aspect of cultural institution operations. It highlights how government, private, and hybrid funding models tend to shape the organisation's management approach, leading to administrative, entrepreneurial, or hybrid mindsets respectively. The article emphasises the need for arts managers to understand and adapt to the specific funding models and their influence on performance management systems, decision-making processes, and broader management approaches within cultural institutions.

Suggested Citation

  • Salvaggio, Salvino A., 2024. "Funding Models and Management Mindset," OSF Preprints ncvj4, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:ncvj4
    DOI: 10.31219/osf.io/ncvj4
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    References listed on IDEAS

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    1. Fabio Donato, 2014. "What's a performing arts funding mechanism for?," Economia della Cultura, Società editrice il Mulino, issue 3-4, pages 407-420.
    2. Abdullah, Aminah & Khadaroo, Iqbal & Napier, Christopher J., 2018. "Managing the performance of arts organisations: Pursuing heterogeneous objectives in an era of austerity," The British Accounting Review, Elsevier, vol. 50(2), pages 174-184.
    3. Musteen, Martina & Barker III, Vincent L. & Baeten, Virginia L., 2006. "CEO attributes associated with attitude toward change: The direct and moderating effects of CEO tenure," Journal of Business Research, Elsevier, vol. 59(5), pages 604-612, May.
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