News

Arts and business news from around the country.

RSS

How the Arts can Solve Top Concerns of CEOs

Posted by Danielle Iwata
0 Comments
How the Arts can Solve Top Concerns of CEOs

 

CNBC reported on The Conference Board’s latest study, C-Suite Challenge 2019™, which lists the top three internal concerns for CEOs as the following:

 

1.       Attracting and retaining top talent

2.       Creating new business models due to disruptive technology

3.       Developing the next generation of leaders

 

If these concern you, you should try the arts.

 

Attracting and retaining top talent

The arts stimulate positive company culture and conversation, foster employee well-being, and inspire a healthier work environment through unique and meaningful experiences for human connection. Who wouldn’t want to work at an organization that encourages a positive work environment?

 

The Standard, a past BCA 10 honoree, has been using the arts to create organizational culture through a pop-up gallery that showcases employees’ visual and textile art, jewelry, and fashion pieces. The show was designed to break down barriers among departments, foster better relationships among co-workers, and encourage innovation in the workplace.

 

Outside of the office, the arts are essential to the development of a vibrant and diverse community in which the best employees want to live, work, shop, create, and contribute. Businesses and its leaders understand the value of the arts in enriching community life. 79% of companies surveyed in study Business Contributions to the Arts, conducted in partnership with The Conference Board, support the arts to improve the quality of life.

 

2018 BCA 10 winner Phillips 66 has been involved in its community as supporters of Houston Symphony as a leading corporate donor, and as a presenting sponsor of free performances at Miller Outdoor Theatre by Stages Repertory Theater. Greg Garland, CEO said the company “is proud to support the arts. Our communities are enriched by the arts, precisely because art touches and changes lives in ways that are positive and profound.”

 

Creating new business models due to disruptive technology

The arts reveal and enhance the breadth of talent and creativity among employees and teams by cultivating the creative thinking skills your business needs. Take CopperPoint Insurance. The company’s commitment to integrating the arts into its operational culture has created opportunities to think outside the box. Since 2007, CopperPoint has engaged in a “drawing out loud process” known as Graphic Facilitation which features the use of large-scale imagery to lead group discussions and literally draw the company’s annual goals and initiatives.

 

The arts foster inspiration, empathy, and leadership —all which establish a platform to innovate in an ever-evolving economy. At Hallmark, creative employees can take part in the my5days program, which leads to “new ways of thinking, personal inspiration, and growth.” Through workshops, gallery shows, and collaborations with nonprofits, Hallmark is giving its employees opportunities “to renew, explore, learn, and think differently about the world and work around them.”

 

The arts can work beyond helping employees develope creative solutions around new technology - particularly if art is part of the tech. Nokia Bell Labs has been collaborating with artists as part of its Experiments in Arts and Technology (E.A.T. Program). Working with New Museum's NEW INC and Stevens Institute of Technology, the company is exploring modes empathic communication in the latest technology. This partnership is not only trying to integrate a more beneficial human aspect to technologoy, but it is encouraging engineers and researches to look at their work from new persepctives.

 

 

Developing the next generation of leaders

According to Business Contributions to the Arts, 63 percent of companies promote board service at arts organizations. This data is supported by studies conducted by Korngold Consulting, which demonstrate that board experience creates stronger leaders, as summarized in this Forbes piece– Nonprofit Board Service Builds More Effective Business Leaders.

 

It’s no wonder that 2018 BCA 10 honoree Fifth Third Bank’s Teresa Tanner, chief administrative officer, was named Chair of ArtsWave’s Board of Directors last fall;  and the company has many other executives who serve on the boards of arts and cultural organizations, including the Cincinnati Symphony Orchestra, Cincinnati Art Museum, Cincinnati Ballet, and Cincinnati Shakespeare Company, as well as other arts organizations across its 10-state reach. ArtsWave even started a program, BOARDwayBound, which selects board candidates and current board members for a two-month professional development session. In a post in BizJournals, President and CEO Alecia Kintner noted “Arts board leadership is one of the top professional development tools Cincinnati’s corporate community uses to groom high-performing employees into future leadership.”

 

Suffice it to say, the arts are pretty powerful. They can have remarkable effects on employees, companies, and communities. But that's not all - check out our Arts + Social Impact Explorer to see how they intersect every aspect of our lives. So the next time you encounter an issue, consider using the arts.

Related
Comments
blog comments powered by Disqus

More News

Frieze Partners with Tishman Speyer at Rockefeller Center
Feb 15, 2019 0 Comments
Frieze Los Angeles may have opened today in Los Angeles. But this new announcement shows that things are starting to heat up in NYC ahead of Frieze New York.   Rockefeller Center Tishman Speyer and Frieze New York announced...
Go to full post
Annoucing our 2019 Judges!
Feb 06, 2019 0 Comments
We are excited to share this year's esteemed judges for the BCA 10 Awards: Best Businesses Partnering with the Arts in America. We are honored to have their expertise!     Toni Freeman The Arts and Science Council (ASC)...
Go to full post
Square Partners with Exit12 Dance Company
Jan 23, 2019 0 Comments
2018 David Rockefeller pARTnership Award winner Square released the next film in its remarkable series For Every Dream: Exit12: Moved by War.   The latest installment follows veteran and dancer Roman Baca and his company Exit12...
Go to full post
Checking in with Creativity
Jan 15, 2019 0 Comments
Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99;...
Go to full post
Vans Custom Culture Announces 2019 Shoe Customization Contest
Jan 02, 2019 0 Comments
Today, Vans Custom Culture announced the opening of the 2019 Vans Custom Culture Shoe Customization Contest. From January 2-January 31, art teachers and administrators register their high schools on the Vans Custom Culture website...
Go to full post
BCA 10 Nominations Now Open!
Dec 10, 2018 0 Comments
Every year, Americans for the Arts through its Business Committee for the Arts, honors the 10 best businesses partnering with the arts in America.   As today’s business landscape continues to shift, companies need talent that...
Go to full post
A Theatre Company in Good Company
Nov 29, 2018 0 Comments
Kenny Leon's True Colors Theatre Company   The Tony Award-winning director founded the eponymous organization in 2002 with a mission “to celebrate the rich tradition of black storytelling while giving voice to bold new artists...
Go to full post
Private Sector Takes a Stand
Nov 15, 2018 0 Comments
Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99;...
Go to full post
2018 BCA 10 Honorees in Forbes Magazine
Nov 02, 2018 0 Comments
This year's BCA 10: Best Businesses Partnering with the Arts in America honorees were in the September 30 issues of Forbes Magazine.   Read more about this year's honorees: Churchill Downs Fifth Third Bank Fosun International...
Go to full post
What's so important about creativity?
Oct 30, 2018 0 Comments
We might work in the arts field, but our day-to-day work looks like any other business. We stare at Excel charts, spend hours on conference calls, write reports, and try to find the bottom of our never-ending email inboxes. Like...
Go to full post
Business Contributions to the Arts Survey 2018
Oct 10, 2018 0 Comments
Business Contributions to the Arts: 2018 Edition is the second edition published by The Conference Board and Americans for the Arts of the annual study. Conducted in the summer of 2018, the survey garnered 132 responses from...
Go to full post
David Rockefeller pARTnership Award: Square + Cheyenne River Youth Project
Oct 01, 2018 0 Comments
Square and Cheyenne River Youth Project will receive the David Rockefeller pARTnership Award at the BCA 10 Gala on October 2, 2018 in New York City. Click here to learn more about the BCA 10.   "Our hope with the project, “Lakota...
Go to full post
BCA Leadership Award: Chandrika Tandon
Sep 27, 2018 0 Comments
Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99;...
Go to full post
BCA 10 Spotlight: UMB Financial Corporation (Kansas City, MO)
Sep 24, 2018 0 Comments
Americans for the Arts is excited to honor UMB at the BCA 10 Gala on October 2, 2018 in New York City. Click here to learn more about the BCA10.   “It is an honor to be recognized among this group of distinguished and innovative...
Go to full post

Already a partner?

Already a partner?

Learn easy ways to take your partnership to a new level.

Use our ads locally

Use our ads locally

View The pARTnership Movement ad campaign and find ways to use the ads.

pARTnership videos

pARTnership videos

Watch and share our videos from The pARTnership Movement.

Partnership ideas

Partnership ideas

Inspire employees with tickets to the ballet or a concert.

Are you an arts group?

Are you an arts group?

Get listed in our searchable directory.

Recruit talent

Recruit talent

Employees want to live and work in a vibrant community.