CHALLENGES OF MANAGING EDUCATIONAL PERFORMING COMPANIES: EKITI STATE UNIVERSITY TROUPE AS CASE STUDY

ABSTRACT The educational performing companies plays a vital role in shaping the creative minds of future generations. This study focuses on the challenges of managing educational performing companies using Ekiti State University Troupe as a case study ,this research delve into the challenges and how best this challenges can be managed with great Management strategies to pave way for a better management of the EKSU troupe.This study addresses the problem of that comes with managing educational performing companies and their challenges where financial constraint and many power companies often hinder Using Contingency Theory( Fred Edward Fiedler)and Experiential Learning Theory ELT(David Kolb)the research investigate the relationship of improving leadership skills on how best to manage and dictate roles with room for improvement.A qualitative methodology was employed with data Obtained through interview and participant observation. These Instruments provided insights into the challenges of managing educational performing companies.The study discusses that effective management is crucial for the success of educational performing companies like the Ekiti State University However challenges such as financial constraint,poor scheduling and man power persist.The study concludes that Financial management is a significant challenge for educational performing companies. Effective strategies include diversifying revenue streams, creating budgets and monitoring expenses should be implemented,The study notes that Performing arts company should explore multiple funding sources, including grants, crowdfunding, partnerships with local businesses, and fundraising events. Establishing a strong donor base can provide financial stability by having diverse funding strategy.