| A keen understanding of your organization's financial drivers is critical
to effective leadership – and one that cannot be delegated. You have to
be able to identify and obtain the ideal mix of revenues, make decisions about
how to use your scarce resources and tell your stakeholders how your organization
creates value. This seminar will teach your team how to examine your business
model so that you can make decisions that will strengthen your organization
in any economic environment, and will give you the vocabulary to tell the story
of why it costs what it costs to accomplish your mission.
Faculty
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University of Connecticut School of Business
Seminar Director
How you will benefit
This seminar will give your leadership team the tools and understanding to
make more effective and sustainable financial decisions. By the end of this
seminar you will be able to:
- Craft financial strategies that most strongly support mission and organizational
achievement
- Identify the critical revenue, cost, and risk factors that are driving overall
financial performance
- Use financial numbers to predict effects on mission and organizational achievement
- Make more clear and compelling financial arguments to donors, funders,
board, and other stakeholders
What to expect
This two-day seminar will engage your team in a series of class discussions
to give you a more nuanced and mission-focused understanding of financial strategy.
See a detailed description
of the seminar sessions »
Who should attend
Finance is intended for senior managers and
board members involved in strategic decisions for your arts or cultural organization. This
seminar does not require any specialized financial training. In putting together your team
for this seminar, we recommend that you consider:
- Senior management team members involved in strategic decision-making and
who have ultimate responsibility for financial decisions of the organization
- Board members who are particularly interested in helping position the organization
for the future
We strongly recommend a team of three or more people; large organizations should consider
sending larger teams.
Why this is relevant now
“In today’s difficult economic conditions, it is particularly important
for arts leaders to practice evidence-based management, a philosophy that emphasizes
that decision-making be based on a clear understanding of the value an organization
is trying to create and a clear understanding of its effectiveness in delivering
that value. Leaders must understand the drivers of costs and revenues in their
organizations to be able to make resource allocation choices that maintain the
health of the organization and allow it to effectively meet its mission.”
Greg Reilly, Ph.D.
Finance seminar faculty
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This seminar is not currently scheduled for
open enrollment.
Sign up for seminar updates »
Tuition cost is based upon your team size:
1-2 people: $350/person
3-5 people: $250/person
6 people: $225/person
For teams of three or more residing outside of the host city's metropolitan area, NAS will provide travel support of up to $600/person.
Travel assistance is reimbursed against actual expenses and can be used for train or air transportation; hotel; rental car; gas, tolls and parking; food and taxis.
To learn more about this seminar, contact Fielding Grasty, Finance seminar director.
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