Cirque Du Soleil : Creative And Creative Entertainment Industry

The main purpose of the case study is to incorporate IT into Cirque du Soleil.

Cirque du Soleil was founded in 1984, in Baie-Saint-Paul, Canada. The four founders of this amazing company were Guy Laliberté, Gilles Ste-Croix, Daniel Gauthier, and Rachel Vertus; however, this wasn’t the true beginning of Cirque du Soleil.

D. Consequences for recruitment and retention of top talent: Matthew Rice’s article outlines the compensation and talent strategies that minimize employee turnover. Talent audits are used to identify top performers, investing in employee engagement strategies to improve retention of the existing team, and eliminate employees’ reasons to leave by offering job activities and development opportunities, and this because: “A talent audit is a critical first step in understanding your risk profile and where you need to invest time, energy and capital to limit your turnover risk” (Rice, 2011, p. 32). If applicable, describe any consequences this scenario has had for the organization 's ability to recruit and/or retain top talent. The research provides insight in how changes in

Retaining employees is one way the turnover rate can decrease, Branham (2000), focuses on retaining valuable employees by incorporating four key elements. The first key elements is, “be a company that people want to work for”. There are many companies that have been labeled as, “employers of choice”. These employers all have something in common, which is how they value their employers (Branham, 2000). They treat their employees with respect and like family. With being an “employer of choice,” people are the most valuable asset; not just customers but employees too. Many companies go above and beyond for their customers, but not for their employees, yet they wonder why they are losing valuable talent.

Cirque Du Soleil’s show in Downtown Disney is a show that I have wanted to see for a very long time. The creative marketing that I have seen has made me very interested in the shows. Many of my friends and colleagues have already seen the show and have highly recommended it. “Cirque du Soleil is one of the rare companies that utterly redefine their industries. It takes the circus’s raw materials – trapeze artists, contortionists, strong men, clowns – combines them with surreal costumes, nonstop New Age music, and dazzling stagecraft, and then ties it all together with a vaguely profound theme like “ a tribute to the nomadic soul” or “a phantasmagoria of urban life”” (Kreitner, 231).

Attracting and retaining staff can be quite the challenge, this is an area we invest a significant amount of time in. The Hudson 20/20 report states ‘employees are highlighting a lack of career progression and boredom as their biggest issues. They are looking for different experiences and acknowledging this is crucial not only for attracting new staff but for retaining existing talent.’ (Hudson 20:20 series, Paper on,

Thesis: Learning about Cirque du Soleil will help you all understand that there is more to it than just “circus stuff”. It is about talented athletes who think outside the box, use teamwork and trust to put their life in the hands of another person. All of this hard work to mesmerize and amaze a large crowd of people who appreciate the dedication put in.

Cirque du Soleil has changed and reinvented the circus forever. What used to be a traditional show has now been replaced with Cirque du Soleil’s magical experience, made up of amazing venues, multi- talented performers, custom costumes and music, its combination of circus and theatre, and many shows. Not only has Cirque du Soleil changed circus, but also the business side of entertainment.

Retention of crucial talent is the key to the continued growth and success of business that it is well worth investing the time and effort into ensuring these individuals are happy to stay put and develop within the company instead of looking elsewhere for 3.2 Staff Commitment, Competence & Development and Retention of talent

The future costs of inducting and training new staff and costs of labour turnover if the selected staff are not retained. As in St. Margaret’s Nursing Home the HR Director is under pressure to increase staff retention in order to reduce future training and recruitment costs, she believes that the current recruitment and selection policies of St-Margaret’s Nursing Home are partly responsible for the turnover problem.

All over the globe retaining employees is a most critical factor for the organisations. High employee turnover is more common in private sector as compared to public. In construction industry, to reduce employee turnover and to improve the productivity of an organisation, organisations have to be aware of the reasons why an employees quit the organisation?. Employee turnover can be explained as the expenses, in term of money, time, and quality of work, that an organisation bear while replacing an employee. If an organisation fails to satisfy the needs of its employees then it is obvious that the employees will look forward to fulfill their necessities. This chapter discuss the reasons why employees quit their jobs.

During the recent past however, when the company became a more dominant global competitor and a publicly traded conglomerate, the numbers of employees leaving the firm have increased, generating adjacent problems of employee recruitment, training and retention. In other words, the major challenges currently faced by the company are related to talent management. At a more specific level, the issues refer to the following:

Cirque du Soleil ("Circus of the Sun") is a Canadian entertainment company, self-described as a "dramatic mix of circus arts and street entertainment." Based in Montreal, Quebec, Canada, and located in the inner-city area of Saint-Michel, it was founded in Baie-Saint-Paul in 1984 by two former street performers, Guy Laliberté and Gilles Ste-Croix.

Q1. How would you assess the attractiveness of the circus industry in early 1980s? What would you conclude from industry analysis?

Background: Cirque du Soleil was the first ever circus group that evolved its self to the commercial world by introducing the simple but innovative and unique concept of combining the traditional circus acts with opera, dance, theatre and live music. Cirque du Soleil ensured success by executing the concept to the point of perfection. Excellent choreography and amazing pyrotechnics were the backbone of their success. The experience of a Cirque du Soleil show is considered to be as one of the most awaited and valued entertainment experience by people all around the world.