Executive Skills Expected At Entry Level

by:

Joe Patti

Jason Schupbach, president of the Fashion Institute of Technology, wrote a piece for FastCompany suggesting that creative economy has a significant advantage in an AI focused business world.

He cited a study from PwC which found:

“…entry-level jobs most exposed to AI are now seven times more likely than others to require skills once reserved for senior roles, including leadership, strategic thinking, and judgment.”

The situation seems pretty daunting for recent graduates who had previously been able to develop discernment and judgment over the course of their career and are now being expected to exhibit themwhen they walk through the door.

The source of the competitive advantage possessed by those in the creative economy isn’t a big revelation – it is the cycle of failure and iteration along with curiosity, inquiry, and experimentation that are central to all creative disciplines.

Because companies expect these skills on day way and aren’t likely to patiently wait for new employees to develop them, Schupbach says it is up to teachers, mentors, and alumni to cultivate these skillsets among younger generations.

Just Because Its Not Measured Doesn’t Mean It Isn’t Happening

by:

Joe Patti

I am just getting around to reading a newsletter Kyle Bowen from Museum as Progress sent out in early May about measuring things. Measuring what is valid and meaningful has been a longstanding topic on this blog so I read it with some interested, albeit belatedly.

In the newsletter Bowen cites ideas from Douglas Hubbard’s book, How to Measure Anything, indirectly echoing the lyrics of Rush’s, “Freewill”, “….if you choose not to decide, you still have made a choice.”

Though in this case it is more a matter of just because you aren’t choosing to measure it, doesn’t mean you aren’t making decisions. (my emphasis)

You’re already deciding which programs to fund, where to allocate staff time, and what to tell your board. You’re just deciding with institutional habit, and whoever argues most persuasively in the room. When you refuse to measure what you say matters most, you hand those decisions over to the things you can measure — attendance, revenue, social media impressions — by default. The metrics you’re comfortable with quietly become your actual priorities, regardless of what your strategic plan says. Not measuring means abandoning what matters, not protecting it.

Bowen was posting this in preparation for a discussion group of Museum as Progress members that was held in early June. He attached a chapter from Hubbard’s book as the basis for the discussion. One section where Hubbard covers the concept of sustainability piqued my interest.

Generally when you are writing grants and the funder asks about your plans to make the funded program sustainable, they want to know how the program will support itself in a year or so when they stop providing funding.

In a section of that chapter Hubbard talks about sustainability in terms of reducing the magnitude of a harmful event, or reducing the probability of it happening. The example he gives is the collapse of agriculture resulting in famine and poverty. He says that none of the negatives outcomes can be reduced to zero, but if you are able to reduce things like the number of people impacted, the duration of the crisis or prevent it from happening at all, those outcomes indicate an increased degree of sustainability due to your efforts.

Too often the context of the sustainability term used in funding seems to expect maintaining the program at the same level as it was when grant funding was available or growing it from there.

Angela Meleca made a post today that somewhat intersects with this idea. She gives the example of a non-profit that had been informed that a funder was shifting their priorities from supporting the arts to “workforce development, economic mobility, and stronger communities.”

As she was talking about the programs the organization ran, she noted that some of them were actually aligned with some of these priorities.

The program served students who had recently arrived in the United States and were attending an international public high school. Many entered the school year speaking little or no English… As the school year progressed, through weekly music participation, they rehearsed together, performed together, and learned together. Participation came with expectations: attend school, make academic progress, demonstrate positive behavior, serve the community.

By the spring concert, they were performing in English. The principal said something else was happening too — students who had once stayed separated were mixing at lunch, integrating more fully into school life. Attendance among participating students was 100 percent.

When the meeting ended, I told the development director what I thought I had just heard.

“You just described a workforce development program that teaches communication, collaboration and integration through singing.”

The development director responded that workforce development wasn’t part of their mission. Angela says her thought was that regardless of mission, that was the outcome the program was resulting in. (I would argue it aligns with stronger communities as well.)

There has long been a conversation in non-profit arts about the problem with trying to shoe horn your programs in to matching what a grant says it will support. Often this moves an organization off mission and may even increase the burden on organizational staff as people pick up new duties to meet the promise of the grant application.

Angela’s focus in this piece and others she has written is more aligned with becoming better at looking at the outcomes your organization are achieving and making the case for the value of your programs based on that versus trying to change the organization to meet a need.

Rather than trying to convince people that arts solve specific problems, the focus is more on saying what we already do well is a solution to the problem you seek to resolve.

Getting back to the original topic of this post, just because you aren’t measuring these outcomes doesn’t mean it isn’t happening. Given the way funding priorities are shifting, it may be worth paying attention and evaluating how your core strengths might already be highly valued.

Cruise Lines Upping Their Theater Game

by:

Joe Patti

An article in The Guardian says cruise ships are trying to break the stereotype of their entertainment being low quality and a little cheesy.

Many cruise lines are upping the quality of their technical equipment and partnering with London’s West End to transfer productions to the floating stages. Additionally, some cruises are offering immersive experiences drawn from TV shows like Peaky Blinders and Dr. Who. One company is running a contest soliciting original works to be performed at sea.

Details about the challenges of mounting productions at sea are interspersed throughout the story. Even though they say feedback indicates people are booking cruises based on the performances being offered over even the destinations, the story also mentions that shows are edited to fit the space and time allotted which suggests customers aren’t getting the full experience of the original production.

Mounting some high production value original works written to meet the needs of the ship board experience may be the better option. There is a possibility we could see shows transfer from cruise ships to terrestrial based venues on the West End and Broadway.

The captive nature of the cruise environment may even help to introduce/familiarize younger demographics to performance attendance experience. According to the article in 2023 Cruise Lines International Association reported that 22% of passengers were millennials and 14% were Gen Z.

Though some performers have found that not all audiences are created the same. A comedian whose show was nominated for a comedy award at the Edinburgh Fringe was met with what he described as a “a religious silence every night” on the cruise ship.

International borders and weather also present some challenges:

“Whenever we’re sending out scenery, costumes and lighting, it has to arrive on time at whatever port we’ve agreed. We’ve got some freight which at the moment is floating around Spain because it’s not allowed to dock there.”

[…]

 Rehearsals must take place at antisocial hours, because the theatre is in fairly constant use…. Pugh remembers rehearsing the acclaimed Regency comedy Pride & Prejudice* (*sort of), “on the Bay of Biscay, gale force seven. Furniture goes one way, the actors go the other, this girl gets hit on the head, and there’s blood.” 

Tearing The Pricing Band-Aid Off In One Yank

by:

Joe Patti

Very interesting post from Colleen Dilenschneider and IMPACTS Experience about research on gradually increasing pricing over time versus making one big increase.

According to them people have an internal meter that evaluates whether a price increase is too much to continue making a purchase. By having multiple incremental increases it forces people to continually re-evaluate whether the experience is now too expensive versus instituting one big increase and leaving the price there for the same amount of time.

In a study of price changes published in the Journal of Consumer Research, the authors found that multiple price increases were evaluated more unfavorably than a single price increase (Mazumdar & Jun). In general, consumers react more strongly to price increases than decreases because increases over an internal reference price are generally viewed as a loss by the consumer. While small increases may all still land within that band of elasticity identified as optimal by a pricing study, the repeated reassessments of their internal reference point can lead to and over time exacerbate frustration and dissatisfaction among audiences.

Essentially, rather than easing audiences through the “pain” of a price increase, stairstepping a price increase actually serves to prolong the discomfort.

The other thing they point out is that you lose revenue by gradually increasing a price versus making one big increase. They note that if you have 100,000 visitors a year and make one big $5 increase that you hold for five years, you making $1 million more than if you increased the price $1 each year for five years.

They also note holding a price for a number of years results in a perception of stability versus bumping on a yearly basis. There is a sense that you planned well and haven’t needed to make changes rather than always playing catch up with the pricing.

Now in terms of dynamic pricing, the outcomes are a little less clear:

Since dynamic pricing offers a different price dependent on market conditions, potential attendees’ internal reference points may prove less of a factor in evaluating their admission options, and thus attenuate their reaction to a price increase.

On the other hand, however, dynamic pricing can also increase distrust among consumers (Vomberg et al). Different prices for different potential visitors may be seen as unfair, and the short-term gain in revenue could be offset over time by the loss of trust in the institution

Personally, I am left wondering about the nuances that may be present in all this. Just thinking about grocery shopping, if I see prices varying in small increments, say between .59 and .89, I mostly suck it up. However, if something is now $1 more than it was last week, I hesitate to make a purchase. I have stopped buying goods where the price has shot up $1 in one week and not dropped again.

I am pretty sure there are things I have continued to purchase whose purchases are currently more than $1 more than they were a year ago, but have been increased more incrementally and haven’t tripped my internal calculus.

So I wonder if Dilenschneider’s research is based on intermittent purchases rather than weekly purchases or purchases of experiences versus purchases of goods and materials.

It may be if you are purchasing every week, you notice the big increases but aren’t alarmed by smaller increases because it part of a blur of 20 different items you are purchasing at a time.

Then if you are purchasing a handful of tickets once a month or maybe once a quarter or more, you may be more aware of what the price was last time because you are only purchasing a few items with less frequency.

If anyone has any insight into consumer behavior in these situations, I would be interested to know more. I know I am not the only person paying attention to the price of their groceries these days.

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