This document discusses concepts in arts management through the story of Clio, the muse of history. It explains that Clio needs people, money, and resources to achieve her goals of creating, collecting, preserving, and connecting works of art, but must manage these effectively. This requires leadership to efficiently utilize the resources as well as marketing to connect with potential partners and audiences. The document then provides definitions of arts management, noting it combines business and audience-building tools. It also defines management and its characteristics as both a science and an art that requires applying theoretical principles in practical ways.