Are you sweating your assets?

Asset Management Guide Culture Hive

One of the truisms about comedy around, well, almost anything really is that it must be based in fact.  Buzzwords, and phrases that use them – like sweating your assets – really do come from a place of business sense;  and not just the sensible play of buzzword-bingo in the hour-too-long management meeting after lunch on Read the full article…

GDPR Week at MyCake

At MyCake we take data seriously. In fact it’s our core business, and so the General Dataprotection Regulations (#gdpr) which come into force on 25th May are something we’re really interested in. And thought you might be too. There’s lots of information out there, but because it’s about data, it’s going to be a bit, Read the full article…

Where are you with managing your money? Our survey says…

Back in the autumn we circulated a small survey to a number of community businesses to find out how they managed their money – in some cases, literally.   Our results are quite interesting from the small data cohort we used: Managing and keeping track of money is one of those things that we all MEAN Read the full article…

Why pay artists?

payingartists

The Paying artists campaign, shaped and generated by artists through a-n and AIR, has launched a new campaign video: What is the Paying Artists Campaign Visual artists in the UK are regularly expected to develop and exhibit their work without a fee. We don’t think this is right. The Paying Artists campaign aims to secure Read the full article…

Deferred Value Creation as a model for smaller towns

SIZEMATTERS

Creative Clusters and their associated angel investment and venture capital is a model which has worked well in global cities such as London and New York where the market dynamics enable a return on investment (ROI) period of 3-5 years. This ROI period requires a relatively fast moving market and favours products and services which Read the full article…

Culture Benchmark Workshop: setting the baseline against which to compare progress of your Catalyst activities

The purpose of this half day workshop is to respond to the various enquiries that we have received about whether and how the data in the Culture Benchmark can be used to benchmark your current income generating activities against your peers. As you are probably aware the Culture Benchmark provides a mix of free and paid services to arts organisations to help them to use financial data to adapt their business model in response to the changes in arts funding. Benchmarking is something that works both at an individual organisational level and with clusters of organisations who have something in common.

In this afternoon event we will help you:

  • Structure your thinking about how you are leveraging both your tangible and intangible assets into new income streams
  • Work out what comparison groups would be most useful to you … by turnover range, geography, and by sector and types of activity
  • Understand how the data held in the Culture Benchmark can be used to set a baseline against which to compare your income development progress … not just as an organisation comparing progress against your own history but also by comparison to your peers and thus the ‘average’ and ‘best in class'
  • Work out what ‘best in class’ looks like for your type of organisation and mix of activities
  • Use benchmark data to set targets internally and communicate your successes to your stakeholders

The plan is that by the end of the session you will have:

  • Clarity on what comparisons are most useful to your organisation
  • Clarity on who to class as your peers within the context of this income development work
  • Thoughts on clusters of peers you might like to convene on an occasional basis to share experiences with
  • Understanding of how the Culture Benchmark could be used in your organisation (along with clarity on what’s available free vs. what is included in a subscription)

Event details: SOLD OUT**
Time: 2-5pm
Date: Wednesday 19 February 2014
Location: The Showroom, 63 Penfold St, London NW8

All recipients of ACE Catalyst funding are eligible to attend this free workshop but places are limited and will be allocated on a first come, first served basis. To attend please book here on our eventbrite page

**please email administrator@sarahthelwall.co.uk to register your interest for a future seminar.

What is benchmarking anyway?
If the concept of benchmarking is new to you and you are wondering what it is and how it works you might find these free resources useful:

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We are hosting a free half day workshop at the Showroom in London from 2-5pm on Wednesday February 19th for any (or all!) ACE Catalyst funded organisations to learn how to use benchmarking data to set a baseline against which to compare the progress of their Catalyst activities. Places are limited so please book here Read the full article…

MyCake Inpires – Commissions

In this MyCake Inspires video, Sarah talks about the commissioning vs selling both from the commissioner and the designer’s perspective. So a good one to watch if you are asked to do private commissions – and want to look at a beautiful concrete kitchen! Take a look at David Bucknall’s work. [youtube]http://www.youtube.com/watch?v=CGd7DKj5mFE[/youtube]

Benchmarking avoidance tactics no 1 – we’re unique, there’s no-one to compare to

image source: http://b4e.si/enjoy/index.php/wallpapers As we talk to more and more organisations about benchmarking there are a few classic excuses that people give for not adding benchmarking to their to do list. Now don’t get me wrong I’m all in favour of being cautious about what else one chooses to take on but some of the Read the full article…

Benchmarking avoidance tactics no 1 – we’re unique, there’s no-one to compare to

image source: http://b4e.si/enjoy/index.php/wallpapers As we talk to more and more organisations about benchmarking there are a few classic excuses that people give for not adding benchmarking to their to do list. Now don’t get me wrong I’m all in favour of being cautious about what else one chooses to take on but some of the Read the full article…

Benchmarking come rain or shine

What a week! Two umbrellas down, soggy trousers and don’t get me started on this weather’s potential to wreak havoc with everybody’s hair. Alas we must soldier on and here at MyCake home of the Culture Benchmark we are announcing the dates for a series of free half day workshops that will boost your benchmarking Read the full article…