Note to Business Leaders: The Arts Deserve More Than a Nod From Your Philanthropic Budget

Posted by Mark Golden, Jul 15, 2014 0 comments

Mark Golden Mark Golden

Art groups, whether visual or performing arts groups, come hat in hand to our businesses every day. Those of us who feel extraordinarily generous shell out some funds for a listing in their program or catalogue, or sponsor a performance or program. We often take this from our donations budget, which in order to be tax deductible expense, has to be below 10% of our net profit. This money, of course, is taken away from other needs of the philanthropic budget which is a small part of even the most socially responsible business list of expenses.

It may make you feel really good, but just consider what you could do to benefit your business if you started to allocate some money for the arts from your Marketing budget, or even your HR Development budget (now these are real budgets, not based on your net profit but a significant portion of your gross sales). Let’s call it enlightened self-interest!

The business community has been rocked by the speed of change. We recognize the value of higher tech solutions to our organizations, but it is clear that there is an even greater urgency for creative, innovative thinking that comes from training in the arts. Whether it’s corporate training in problem solving, diversity, performing in public, change management–businesses are recognizing that our new employees, so well versed in their technical fields, lack some of the basic requisite skills we need in this new environment.

We’ve so engrained our students to the needs for applied technical business skills that we’ve lost track of the value of the humanities in creating a well-rounded individual, capable of thinking beyond the old solutions. As business leaders we should be meeting with our school community and demanding that we not lose the value of the applied arts programs. I’m not suggesting that we need to make more artists, but the dismal state of art education in our schools is depriving our children of the skills that arts programs will provide them in pursuing their careers - and in our own self-interest, creating valued employees.

What might happen if we invited a poet, actor, creative writer, musician, dancer, visual artist into our places of business? What opportunities might it create to challenge our own thinking, to excite our teams, to inspire us all to see all our work as works of art? When we think back to our own personal victories, those things that excited us the most in our own businesses, we often go back to the time we made something from nothing. It’s time for all of us in business to challenge ourselves to think like artists.


Our blog salon on Unique Business Partnerships this week is generously sponsored by Drexel University Online.

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