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AAD 565, Unit 2: The Risky Business of the Arts

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UK Arts Administration

on 29 October 2018

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Transcript of AAD 565, Unit 2: The Risky Business of the Arts

Unit 2:
The Risky Business of the Arts
1. Taking risks when you don’t expect it
2. Measuring a person’s risk behavior
3. Inclined vs. un-inclined participants
Will the new job:
pay well?
use the skills I learned in school?
make me famous?
allow me to live a comfortable lifestyle?
require me to relocate?
help me to make new friends?
include health insurance and other benefits?
require overtime?
conflict with other parts of my life (family, etc.)?
provide me an opportunity to advance professionally?
be exciting?
be in line with my own personal ethics?
pay well? If yes, I might take the job based on other positive values. If no, I might not consider the job further.
require me to relocate? If I must stay in one area, that factor might automatically remove that job from the pool of jobs to consider.
include health insurance and other benefits? If my spouse has health insurance, that might not be an issue, unless I really need to have a retirement plan or other benefit included.
conflict with other parts of my life (family, etc.)? If the job requires overtime on a last-minute basis, and I must be home to tend to children every day at 5pm, this might be a factor that precludes me from taking the job.
Is it in-line with my own personal ethics? If it sounds like this is a dream job based on everything I have been studying in school, and desiring in employment, it might be a strong indicator to accept the position if offered.
Some might have been upset that the example was one that was so emotionally disturbing and you were put into the position to discuss it in the first unit.
Others might have been confused how this has anything to do with arts administration.
Some might have already learned about the three Aristotle Principles and considered this a waste of time.
Others might have preferred, and hoped, for some type of context at the beginning of the class to explain why this topic and example will be relevant to you, arts administration students taking this course.
Still others might have participated without question and didn’t think about it beyond what it was.
Decision: He hurries to a department store and took too much time looking at different shirts. He ends up purchasing a designer shirt in his size that is form fitting without trying it on.
The shirt fits:
John looks great at the party and is complimented on his new shirt

The shirt does
NOT
fit:
John has to duplicate time and return to the store to exchange the shirt
John doesn’t have time to return to the store, so he has to wear an old shirt to the party
John wasted time, taking twice as long or just wasting time when he could have been doing something else
What are other consequences?
Low risk
Medium risk
The food was good
Cassandra was impressed by his selection and his thoughtful surprise
The food was good
Unfortunately, Cassandra was allergic to almost everything on the menu
The food was bad
Cassandra was upset that John didn’t consult with her first
The food was bad
They both laughed over a Big Mac as soon as they left the restaurant
High risk
Past experience
Perceived outcomes
Preference
Gut feelings and instincts
Values and ideals, and
Other risk factors.
INCLINED
POTENTIALLY INCLINED
SANDY HOOK EXAMPLE
AND THIS APPLIES TO ARTS ADMINISTRATION, HOW?
Logos
Pathos
Ethos
making connections
this...
that...
the other....
Types of Risks
No risk
Low risk
Low risk
Medium risk
High risk
John's shirt
Nice shirt, John!
(the restaurant decision)
(the shirt decision)
(the proposal decision)
ENDLESS CONSEQUENCES
invitee's risk
acceptee's risk
RISK TAKER
RISK AVERSE
Risk continuum
Risk taker
(high risk behavior)
Risk averse
(low risk behavior)
A
C
B
INCLINATION
How inclined someone is to take action, make a choice, etc.
UNINCLINED
DEGREES OF INCLINATION
Time and priorities
Money and other resources
Interest
Level of intelligence
Desire to please someone (boy or girlfriend, boss, parents)
Outcome might determine a grade or other reward
neutral
Uninclined
(least inclined)
Inclined
(most inclined)
A
C
B
INCLINED
UNINCLINED
?
Full transcript