William Verdult Forces for Change
Tuesday, August 4, 2009 at 10:00AM 
In yesterday's post we looked at positive and negative forces affecting the Verdult art market. Basically what we did was look at forces from what is called a Force Field Analysis Approach. According to Wikipedia, Force field analysis developed by Kurt Lewin is one of the most influential developments in the field of social science. Force field analysis provides a framework for looking at the factors (forces) that influence a situation, either driving movement toward a goal (helping forces) or blocking movement toward a goal (hindering forces). Lewin's principle is a significant contribution to the fields of social science, psychology, social psychology, organizational development, process management, and change management.
If we look at the Verdult Art Market from Lewin's Force Field Analysis perspective this is basically how things will stack up.
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Forces for Change |
Forces Against Change |
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1. art market in general is on the upswing |
1. Fluctuation and concern about the overall economy |
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2. Verdult is a listed American Artist |
2. Confusion in the Verdult market concerning COAs |
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3. More tracking of Verdult art work |
3. Confusion about who owns the Verdult brand |
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4. Art is moving toward being an asset class |
4. Art in general is changing from an unknown |
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5. Verdult art is being displayed in more |
5. Many gallery owners not familiar with |
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6. Publicity on Verdult increasing |
6. Owners do not know the value of their investment |
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7. Sales data becoming more transparent |
7. Impact of trading in barter market |
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8. Over 3,000 auctions and sales |
8. Verdult's son in experienced and cash strapped |
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9. Key on-line art depositories now track |
9. Early on Verdult brand not properly managed |
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10. Record of Verdult cash sales |
10. How to leverage and collateralize their holdings |
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11. Displayed at major locations and exhibits |
11. Artist not as widely known as he should be |
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12. network of websites and blogs promoting |
12. Lack of solid paper trail for cash sales |
Here, the goal is to increase Verdult brand awareness, acceptance, and value for investors and shareholders.
In our next post, we'll look at how to make sense of this and what we can do to move the Verdult Art market in a positive way to achieve the goal of increasing awareness and shareholder value.





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