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Historic Preservation Business Strategies for the Revitalization and Financial Viability of Minority Communities : = A Systematic Review.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Historic Preservation Business Strategies for the Revitalization and Financial Viability of Minority Communities :/
Reminder of title:	A Systematic Review.
Author:	Mbeng, Gilbert L.
Description:	1 online resource (127 pages)
Notes:	Source: Dissertations Abstracts International, Volume: 84-08, Section: A.
Contained By:	Dissertations Abstracts International84-08A.
Subject:	Arts management. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=30244457click for full text (PQDT)
ISBN:	9798371992314

Historic Preservation Business Strategies for the Revitalization and Financial Viability of Minority Communities : = A Systematic Review.
Mbeng, Gilbert L.

Historic Preservation Business Strategies for the Revitalization and Financial Viability of Minority Communities :A Systematic Review. - 1 online resource (127 pages)

Source: Dissertations Abstracts International, Volume: 84-08, Section: A.

Thesis (D.B.A.)--University of Maryland University College, 2022.

Includes bibliographical references

The business problem addressed in this study is that some historical preservation societies lack the funding and management strategies to achieve financial viability and revitalization in minority communities. Historical preservation societies are nonprofit organizations defined by their missions and serve as vehicles of preservation to protect the historic built environment at the local levels. However, financial viability in minority communities is a management problem because of limited funding and management strategies. The research question adopted for this study was: What funding and management strategies should historical preservation societies adopt to improve revitalization and financial viability in minority communities? The theory and model guiding the study are the stakeholder theory and the Racial Uplift model. The Racial Uplift model, coined by Toure, suggests that middle-class residents with financial and economic power can uplift minority neighborhoods. Data were collected from various databases and other sources using the systematic review methodology. The collection and analysis were primarily in the field of historic preservation, and publicly available reporting was introduced as a tool to assess the financial position of historic preservation societies. Literature from IRS 990 filings provided key indicators. Governance was included to assist managers in broadening the scope for funding sources and expense patterns in successful historical preservation societies to those in minority communities with limited funding and management strategies. The analysis and synthesis resulted in the following thematic findings: (1) collaboration can enable synergy among stakeholders, (2) Racial Uplift can encourage investments in minority communities, (3) including aesthetics in the design process can create a tangible memory of place for minorities and ignite financial support for preservation endeavors, (4) acquiring the knowledge and skillset needed to obtain grants and funding opportunities can revitalize and make communities viable, and (5) the designation of historic properties can unlock financial benefits and incentives. These thematic findings are vital to preservation societies, leaders, and managers for operational sustainability by harnessing access to funding and management strategies needed to revitalize and make minority communities viable. This study concludes with implications for practitioners, recommendations for further research, and study limitations.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2023

Mode of access: World Wide Web

ISBN: 9798371992314Subjects--Topical Terms:

3168382
Arts management.
Subjects--Index Terms:

CollaborationIndex Terms--Genre/Form:

542853
Electronic books.

Historic Preservation Business Strategies for the Revitalization and Financial Viability of Minority Communities : = A Systematic Review.
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