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Management discussion and analysis for walt disney
Management discussion and analysis for walt disney
Management discussion and analysis for walt disney
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This paper will assess the corporate culture of Walt Disney, addressing the background of the organization, training and teaching, stories, legends and myths associated with the company, philosophy, values, mission statement and the organizational goals of the company. The Disney Brothers Studios was founded by Walt and Roy Disney in October of 1923. As the brothers increased their reach in the entertainment market, this small studio evolved into the corporate giant known today as the Walt Disney Company which has interests in entertainment and media enterprises including Walt Disney Parks and Resorts, The Walt Disney Studios, ABC, Inc., ESPN, Disney Channel, Disney Stores, television and radio stations and Internet websites. “Fifty years ago, Walt Disney passed down three key precepts that still hold true today: tell a great story, tell it with great characters and push the technological barriers” (Hightower, 1993 p. 54). This statement by the Disney founder still drives the philosophy for Disney’s studio entertainment and parks and resorts business segments. In reviewing the vast corporation of the Walt Disney Company and all that it has to offer, one profound statement made by Walt Disney himself comes to the forefront, “I only hope that we don’t lose sight of one thing – that it was all started by a mouse” (Walt, n.d.). This statement suggests that the company has a strong focus to continually guide them in the way of the original idea of the company. Even as it watches the changes taking place in society and adapts to the new technologies and innovations, the Walt Disney Company has been able to implement diverse strategies for its growth and prosperity. The Walt Disney Company’s organizational culture, or “the basic pattern of shared assumptions, values, and beliefs considered the correct way of thinking about and acting on problems and opportunities facing the organization” (University, 2002, p. 448) is shown in part by their in-depth employee education, their manufacturers’ code of conduct and their environmental commitment. The Walt Disney Company’s mission statement is: “To make people happy.” Although the statement is only a one-liner it is supported by a set of values setting the performance standards and directs the implementation of the mission. Those values are: no cynicism; nurturing and promulgati... ... middle of paper ... ...source/resource.asp Walt Disney Corporate information on Disney online. (n.d.). Retrieved June 13, 2004, from the Disney Web site: http://disney.go.com/corporate/ Hightower, D. F. (1993). Creativity is Your Business Too! Planning Review, 21(5) 54-56 Miller, B. W. ( 1992). It’s a kind of magic. Managing Service Quality, 2(4) 191-193 Disney Online. (2005). Walt’s Family and Friends, Bob Gurr. Retrieved July 19, 2005, from http://disney.go.com/disneyatoz/familymuseum/exhibits/familyfriends/bobgurr/index.html Disney Online. (2005). Company Overview. Retrieved July 19, 2005, from http://corporate.disney.go.com/corporate/overview.html Disney Online. (2005). Culture. Retrieved July 19, 2005, from http://corporate.disney.go.com/careers/culture.html Edgington, D. (1998). The majic of management. Des Moines Business Record, 94(15), 10. Lynch, L. (2001). Sustaining innovation walt disney instilled how. TD, 55(6), 44-49. Disney Online (2005). Careers. Retrieved July 24, 2005 from http://corporate.disney.go.com/careers/index.html Jackson, K.M. (1996). Walt Disney: It’s Persuasive Products and Cultural Contexts. Journal of Popular Films and Television, 24(2) 50-52
For example, Elie Wiesel explains what his house is to him, “I looked at our house, where I had spent so many years in my search for God; in fasting in order to hasten the coming of the Messiah; in imagining what my life would be like. Yet I felt little sorrow. I thought of nothing” (28). For Wiesel, his home represents his religious search and his thoughts of the future. That is all easily taken away from him in only a few days. Without his knowledge, all that his house represents would be taken away from him. It seems like nothing to him, at first, but the loss of what the house represents impacts him later on in his story. The Jews, themselves, do not stand up against their comfort and homes being taken away from them, believing that it could not get any worse. Of course, this is wrong, but others in the world allow it to happen as
Back in the roaring twenties America was seeing such world-changing phenomenons such as The Great Gatsby, and penicillin, but what took the world by surprise was none other than Walt Disney and his lovable creation, Mickey Mouse. Walt Disney, throughout his entire lifetime and career, always had an idea, a spark, and a way to make things better. Even in the face of tough times, he never failed to keep his optimistic attitude and kind faith in humanity from infecting those around him. A major part of his success was due to the technological innovations that revolutionized the film industry.
The World of Disney. Lanham, MD: Scarborough Press, 1985.
Most people, when they think of Disney, they think of “the happiest place on earth.” Walt Disney was the one to start all of this with all of his achievements in movies, television, and eventually the theme park. Disney created a character who’s
It is important to know that Disney characters have played an important role in today’s society especially when the media is expanding over time. People would mostly rely on the media to encourage them to discover their identity. Parents are purchasing Disney films for the entertainment of their young one but little do they know that children will look upon the princess characters to shape their identity. It is crucial for parents to recognize the message and value that Disney films are conveying to their children and guide them to take on the agreeable identity and values. Ward (2002) have stated that the power of Disney animated film is so great that it “can
Communication is a crucial process in the delivery of corporate messages and the response for individual needs, especially in an organization like the Walt Disney Company. Best known as Disney, the company is famous for its film, music, theater and the emergence of the diverse cultures. The Walt Disney World located in Orlando, Florida is the biggest entertainment studio where people’s “dreams come true”. Four theme parks, two water parks together with a large amount of resorts and golf clubs help to build the company’s identity and its cultural values successfully (Gabler, 2007). Within the Disney context, small units of the organization also perform their own characters, while still engaging in providing the classic Disney value.
...Although Disney contributes to an important part of the American culture, his destructive methods are causing problems in our society and children at an early stage of their life. Walt Disney, a famous visionary once said, “All your dreams can come true if you have the courage to pursue them,” and that is exactly what Walt Disney did. Through struggles and hardship, Walt Disney became one of the most successful American film producer, director, screenwriter, voice actor, and animator. Aside from his accomplishments, Disney should not “capitalized on American innocence and utopianism to emphasize social and political status quo” (Zipes 333). Using fairy tale to convince audiences about utopian dreams and hope is not the right way of doing business because it give people false promises about life being easy like the happy endings in every Disney fairy tales.
The Walt Disney Company is a highly diversified media and entertainment company that has been growing by leaps and bounds since its inception in the late 1920’s. In the past few decades, The Walt Disney Company has expanded into numerous markets and diversified its business greatly. The company states that their corporate strategy is targeted at creating high-quality family content, exploiting technological innovations to make entertainment experiences more memorable, and expanding internationally. Upon studying the happenings of the company throughout the years, it is easy to see that the company is executing this strategy well through numerous strategic moves in the industry.
Walter Elias Disney, better known as Walt Disney, had a plan all along. His plan wasn’t just to make “The Happiest Place on Earth”, he wanted to create, inspire, and teach. On the grand opening of Disneyland in 1955 Walt said, “To all who come to this happy place; welcome. Disneyland is your land. Here age relives fond memories of the past ... and here youth may savor the challenge and promise of the future. Disneyland is dedicated to the ideals, the dreams and the hard facts that have created America ... with the hope that it will be a source of j...
Disney’s long-run success is mainly due to creating value through diversification. Their corporate strategies (primarily under CEO Eisner) include three dimensions: horizontal and geographic expansion as well as vertical integration. Disney is a prime example of how to achieve long-run success through the choices of business, the choice of how many activities to undertake, the choice of how many businesses to be in, the choice of how to manage a portfolio of businesses and the choice of how to create synergies between those businesses (3, p.191-221). All these choices and decisions are made through Disney’s corporate strategies and enabled them to reach long-term success. One will discuss Disney’s long-run success through a general approach. Eisner’s turnaround of the company and his specific implications/strategies will be examined in detail in part II. Disney could reach long-run success mainly through the creation of value due to diversification and the management and fostering of creativity, brand image and synergies between businesses (1, p.11-14).
The company that I choose to explore is The Walt Disney Company. Walt Disney started the Disney Brothers studio in 1926, after years of working as a cartoonist. I selected this company due to the fact I am a fan of their products and services. Disney produced some of my favorite films like Aladdin, Hook and The Lion King. After I visited their website, I discovered that Disney owns multiple media outlets, in such areas as film, Internet, music, broadcasting, publishing and recreation. According to Disney’s “The mission of The Walt Disney Company is to be the one of the world’s leading producers and providers of entertainment and information. Using our portfolio of brands to differentiate our content, service and consumer products, we seek to develop the most creative, innovative and profitable entertainment experiences and related products in the world”. The Disney brand is doing exactly what their mission states.
It is essentially the degree to which a company performs all of its business transactions. It is a strategy used by corporate managers to increase the productivity and efficiency of a firm as well as reducing transaction and transportation expenses. Corporations with a high level of integration are able to grasp full control over the business through integration, meaning there is less of a risk factor as they can ensure that the quality and materials of there goods are of high quality. Integration can allow a firm to reduce costs through economies of scale. although vertical integration can be advantageous, it isn 't always the best solution. It can sometimes limit the variety of products that a firm can produce, due to the extra amount of processes added into the production line it is difficult for companies to learn whole new sectors of the business world and to do so at a rapid pace keeping up with trends. Vertically integrating a firm can be an extremely expensive process as the more integration means the more workspaces and staff you will need. strategy has been used for hundreds of years and is a strategy many corporations nowadays adopt. A vast amount of theoretical literature is available on vertical integration. Stigler (1951) Arrow (1975) bases his anlaysis of vertical integration on the assumption that integration reduces communication costs between firms.
These people are among so many that all encompass their own culture, and some shared among others. Culture is beliefs and behaviors set among a group of people, which have been passed down to others through social learning and observation (Ward & Edelstein, 2014, p. 3). With that, Disney itself can be seen as portraying its own culture, its own beliefs upon others, most of which are children. These children look to Disney as a way of an escape and enjoyment far from their own reality. This conveyance of a utopian world filled with fun characters, games and rides, is all shared amidst a large group of children. Along with that, it has and continues to descend through generations of families, thus establishing Disney as a culture. The culture represented through Disney’s media roots the defining of ones national identity, childhood and the means of beauty and truth (Giroux & Pollock, 2010, p. 2). This depiction seen through the abundant Disney characters and stories can play a part in refining the development of children in today’s society. As Giroux and Pollock state, Disney uses media culture to “express their commitment to middle-class family values, the welfare of children, and …public schooling” (2010, p. 25). Disney bases its principles on engaging consumers through connecting and taking interest in families, and this has become global. Disney has impacted not just North America but
They include: excellence in leadership, excellence in casting, guest satisfaction, financial results, and repeat business (Coverly, 2013). As it pertains to leadership excellence, Walt Disney is cognizant of the fact that communication is indeed the key driver and foundation for a collaborative culture within the company. Therefore, in this regard, the company encourages the cultivation of collaboration by essentially creating an enabling environment where ideas are spoken without fear of favoritism. Hence, Walt Disney promotes the use of positive language as part of its strategy of fostering leadership and collaboration. The use of positive language lays a basis for the realization of excellence in casting as one of the company’s policies. It is necessary to note that according to Coverly (2013), Walt Disney does not refer to its staff as employees; rather, the company classifies them as casts within the whole business arena. This concept, as Coverly (2013) continues to elaborate, emanates from the cognizance by the company that each employee has an intrinsic and unique role to pay within the company. As such, it is more natural to refer to them as casts, rather than the traditional “employee” notation. This strategy is very influential in generating and sustaining employee motivation which stems
Distributed systems are grouping of computers linked through a network that uses software to coordinate their resources to complete a given task. The majority of computer systems in use today are distributed systems. There are limited uses for a singular software application running on an unconnected individual hardware device. A perfect distributed system would appear to be a single unit. However, this ideal system is not practical in real world application due to many environmental components. There are many attributes to consider when designing and implementing distributed systems. Distributed Software Engineering is the implementation of all aspects of software production in the creation of a distributed