Transformation of the cultural sector
Why are strategic planning and management key to the development of cultural institutions?
Impact of the economic downturn
With the economic crisis, governments and sponsors have cut grants to cultural institutions, forcing them to find new sources of income.
Rise of business philosophy
The increasing competition among cultural institutions, and from other leisure activities, has created a need for the cultural sector to be more aligned with for-profit organisations.
Development of creative cities and cultural hubs
Local and national authorities are willing to develop creative activities that have spill over positive effects on the economy.
A trend toward privatisation
The last decades have seen the creation among cultural institutions of mixed forms of governance incorporating both public and private governing authorities. At the same time, a large number of private museums have opened their doors.