Operational Analysis of Royal Opera House: Strategic Objectives, Sustainability, Financial Operations, Governance, and Key Stakeholders

Project report

Table of Contents
Introduction......................................................................................................................................3
Main Body.......................................................................................................................................3
Organisational profile.............................................................................................................3
Strategic Objectives................................................................................................................4
Consumer trends.....................................................................................................................5
Sustainability..........................................................................................................................5
Financial operations................................................................................................................6
Governance.............................................................................................................................7
Key stakeholders....................................................................................................................8
Current issues.........................................................................................................................9
Conclusion.......................................................................................................................................9
References .....................................................................................................................................11

Introduction
The administrative management for a given company enables managers of the corporate
to define true value of success for the project firm. Contrasting to complex business environment
which makes it hard for an individual manager to operate respective business tasks. Evaluation
over certain business complexities and uncertainties can be examined through analysing
elements like consumer trends, sustainability, governance, stakeholders and associated issues in
the operational environment of the business firm. Managers tends to evaluate on organisational
objectives and define critical pathways to achieve those objectives through use of management
techniques and enabling effective operations through taking considerations of motivation,
communication and controlling techniques in the said organisational firm.
For the given report paper, operational working at "Royal Opera House" will be taken
into consideration. Being assigned at the top management level position of the said institute
given report will present findings contrasting to several operational elements associated with the
given firm. Furthermore, in the provided report document evaluation over several stakeholders of
the firm will be taken into consideration with respect to their importance for governing
operational affairs at chosen organisation. Along with analysis of strategic objectives of the firm,
such objectives will be related to current consumer trend for the operational firm. Lastly,
evaluation over strategies adopted in the corporate firm will be filtered with segments of
sustainability, governance and reflect towards financial operations of the given operational
institute.
Main Body
Organisational profile
The Royal Opera House or ROH is regarded as an opera house which also performs arts
venue in Convent Garden, central London. The Convent Garden Theatre had its existence since
1732 by John Rich and operated as pantomimes, short plays and opera. The structure of the given
firm was burned and rebuilt in 1809. For the year 1847 the given premises was named as "Royal
Italian Opera House" which was operated under the control of Michael Costa and Frederick Gye.
The structure was burned again in 1856, followed by year 1858 a new building was opened.
Adding to the dis-balanced operational structure, Royal Italian Opera failed in 1884 which was
further replaced in 1888 by Royal Opera Company guided under Augustus Harris. The given

opera house is classified as the public visit in which walk-ins will be allowed without any
particular dress code to be followed inside the building.
Contrasting to data mentioned in Annual-report, 2018/19 of Royal Opera Company, the
given firm along with several other businesses operating in different industries was being
impacted by COVID-19. The impact affected operational working at said company that hardly
that as complying to guidelines given by legislation of regional political parties had to shut their
doors and close its operations in major marketplaces. However, post COVID instances took part
in development part for the business and adopted several safety precautions along with following
social distancing guideline. This reflects towards evaluating over effective strategic framework
adopted by the business firm and pure flexibility of the corporate firm in respect to respond to
changes when observed within the operational market for the business firm.
Strategic Objectives
The objectives of Royal Opera House relates to presentation of world's most
accomplished opera and ballet along with ensuring quality of experiences of audience. Various
other objectives that can be classified are listed below;
 To refresh brand identity: Alex Beard being CEO of the company along with several
other managers of the corporate firm pays their attention towards refreshing the brand
identity of the organisational firm. The provided objective is being supported with
creating a refreshed identity of the firm to launch new public space. For the purpose
being Striking stop-motion photography was being combined with text for creation of
intriguing proposition for attracting a broader audience.
 To enhance and animate front of house space: Followed with refreshed identity project
which was also called as 'Open Up' project, given objective presents innovating the
interior through several techniques of enhancement and animating font of house space.
 To expand digital participation and cinema: Another strategic objective for ROH
includes showcasing popular realises and developing bridge towards expanding interest
of stakeholders in more participative presence in digital cinema. Working with Magic
Leap, Arup, Google and GUAP are projected to increase collaboration with technology,
culture and higher education partners.