The Profitability Process and Management Approaches of Cultural Organizations

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The Profitability Process and Management Approaches of Cultural Organizations

Journal Title: Globalization and Business - Year 2016, Vol 1, Issue 1

Abstract

In this article is emphasized the profitability process and management approaches of cultural organiza- tions. Should be noted, that these organizations need specific, realistic and time-bound goals similar as another organizations. The goals are different at the various stages of the development. At first this may be the care of the increase of organization’s awareness, second, the care about desired positioning on the market, finally, after reaching the important stage, the top management of organizations must keep the achievement. The organizations of cultural sphere are acting in standard way to increase the profitability and for fulfil- ment the ideas look for the sums. The difference is in the content and aspiration of organization. How educate the customers of cultural products? All organizations in cultural sphere must have the answer to this question. Should be noted, that the prerequisite of success of cultural organizations is the experienced Manager, who knows well the specification of culture and modern management approaches. The success of organizations is result of managerial decision of the Manager. The prerequisite of successful management is the development of effective system, the devotion the organization’s mission and the work out about the strategy for prevention obstacles factors. The knowledge of management approaches helps to every member to understand best the organization content. In practice the manager must determine firstly what method of approach he prefers.

Authors and Affiliations

Dodo Tchumburidze

Keywords

CULTURAL SECTOR ORGANIZATIONS REVENUES MANAGEMENT APPROACHES

EP ID EP568309
DOI -
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