In this four part series Fred Miller describes issues that orchestra boards and management must address.
I. Avoiding the Tyranny of Mission
In this vlog organizational consultant Fred Miller defines the differences between mission, vision and strategy and warns of the consequences of relentlessly pursuing an organizational mission when changes in the external environment require a different approach. Miller argues that the “tyranny of mission” occurs when organizations are driven to pursue plans that are not realistically aligned with evolving public needs, changing markets, competition and resources.
II. The Imperative of Positive Net Financial Margins and Capitalization
Fred discusses the consequences of poorly understood and deficient business models and undercapitalization. He argues that often inadequate cash flow, insufficient positive margin and reserves to fund investment and innovation, limit the capacity of organizations to adapt and invest in the future.
Posted October 23, 2012
