Museum of London: Overview, Objectives, Sustainability, Stakeholders, and Current Issues

Assessment

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
TASK ONE......................................................................................................................................1
Overview.....................................................................................................................................1
Objectives and trends..................................................................................................................2
Sustainability...............................................................................................................................2
How the museum of London operate..........................................................................................3
Governance.................................................................................................................................4
TASK TWO.....................................................................................................................................5
Stakeholders................................................................................................................................5
Stakeholder power and interest theory........................................................................................6
Use of Power and interest grid to analyse stakeholders:-...........................................................6
Stakeholder power and interest...................................................................................................7
Current issues..............................................................................................................................9
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................11

INTRODUCTION
Museum of London documents history of UK's capital and is an award-winning,
charitable institute getting funds from different organisations and individuals. Report will include
overview that will include history and organisational structures of Museum of London. Further
report will include different objectives and trends of the organisation with different Sustainability
practices. Report will also include the way the museum of London operates. Report will also
include different Stakeholders and there respective power and interest. Report will also include
different Current issues that they are facing.
TASK ONE
Overview
History:-
The Museum of London was established in the year 1976 at London wall, UK. The
director was this Museum is Sharon Ament. It is the largest urban history collection in the world
and it documents the history of UK's capital city that is from prehistoric to modern times. It is
having about six million objects(Whitehead and et.al., 2016). In the year 2015, London Museum
announces that they are going with a plan to move from Barbican site to Smithfield market and it
will take about £70 million and will be completed till 2021. The associate architects that adopted
an innovative approach to design this museum were Philip Powell and Hidalgo Moya. Museum
is having artefacts, pictures, models and many other objects that made this a chronological
gallery. The biggest investment for the museum was in the year 2010 where it was redeveloped
with £20 million and was redesigned By Wilkinson Eyre who was a London based architect.
Organisational structures:-
Museum of London is having Governors that are appointed by GLA and city of London
Corporation according to the Museum of London Act 1965 and also with the respective guidance
issued by commissioner for public appointments. These governors are appointed for four years
and they appoint the chairman among themselves. Museum of London is having its major
responsibility to manage the Museum of London and for the same Board of directors sets
different strategies and objectives. There are four board committees that are:- Audit and Risk
management Committee, Finance and General purposes' committee, Trusts and Acquisitions
committee and also Remuneration committee(Nielsen, 2017).
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Objectives and trends
Objectives:-
There are different objectives that Museum of London set in order to govern the Museum
in an effective manner. These Objectives help the Museum to achieve its respected goals with
effectiveness. These Objectives are as following:-
 Preserve, care and add to the collected objectives
 To ensure that the objects that are exhibited to the public and if any person requires it for
research work, allow them to inspect the same.
 To promote and appreciate historic culture and society of London by means of collecting
the related objects. Take necessary actions in order to fulfill objectives of Museum that are written in
legislation.
Current consumer trend:-
There are different consumer trends that the Museum of London is following:- Visitor trends:- The vibrant culture of London is a powerful enticement for the present
customers and is giving competition to other cultural attractions. They are doing things differently:- Museum of London is doing every thing differently
with transition to new Museum and setting trends with respect to technology, education
and also with respect to expectation of the visitors(Scott, 2016). Improving Environment:- Museum of London is also setting trends for the customers by
playing an important part in making awareness with respect to London's environment and
reducing its consumption in order to tackle with air pollution.
 London as cultural capital:- Museum is influencing high profile London's strategies and
they participate in initiatives like Culture Mile and celebrates cultural activities across the
capital as London is the known world city of culture.
Sustainability
Museum of London is engaged in various sustainability programs and also have set one
of its objectives to improve the environment with and supports the wider city of London
corporation and GLA environment strategies with respect to London. Organisation is improving
the infrastructure with the sustainability approach and is monitoring energy consumption in order
to bring sustainability in the Museum. They started a programme in order to replace lighting with
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