Once Upon a Time…
They say it is where dreams happen. The Walt Disney Company has been nothing, but a growing success. Has grown from something, so little to a growing successes. Disney is known worldwide and by all age groups. Everyone when young can have some type of connection. It could be movies, TV, or even playing with Mickey Mouse. But is it worth investing in and will you gain profit? How will it be in ten years…wouldn’t everyone like a glimpse into the future. Will it help create new jobs or only hurt us in the economy? I picked this investment not from my team but because its brand that many people know about. I regret not investing in the Disney stock because I believe that it could have helped us a lot. Disney in my eyes should be a top investment when it comes to the stock market.
The main reason I choose Disney is because it is a house hold name and everyone has some type of connection to it. I have loved watching Disney channel since I have been a little baby and till this day you can find me watching it. If not that then one of their other Disney channels or movie...
The figures of attendance at the Universal Studios as compared to Disneyland state that the former’s annual attendance is less than even half of the later.
The impact of Disney on our society is based on providing this fantasy world to children. There is no other company on the globe that can do so with such success. It is a niche that children gravitate to. Yes, it makes a tremendous amount of money for the company, but there is no harm in providing products and services that children want. While Disney is ever present throughout our society, the impact on the culture is positive.
The debate over the good and bad aspects of Disney movies has been going on for years. It has become a part of pop culture in a way never expected through things such as YouTube videos and meme’s. While looking at multiple Disney movies may give a wider range of example of both the good and the bad in Disney movies, to help depict the effects the movies actually have on kids it is most beneficial to study just one movie. Zia’s essay argues that Disney movies have a good influence on children by teaching them good life morals. However, one of her examples, Mulan, is not an example of achievement through hard work like Zia explains, but rather a change made through magic, and example of the horrible historical inaccuracies made in Disney movies and the lack of parental respect that they teach children.
The Walt Disney plans to expand its presence in other countries too mainly the emerging market like China that offers great opportunity. Due to its highly advanced infrastructure and higher population, the Disney already made a biggest investment till date on a development and construction of Disneyland theme park in Shanghai, China. The success of Disneyland Hong Kong and the presence of 330 million people that resides within the 3 hour commute to Shanghai allows the Disney to invest $5.5 billion on this theme park. The Disney CEO states that the park will be open for the visitors in the early The company know its various revenue generating streams very well.
What’s more, Disney also needs to recognize which businesses have long-term growth potential and which have not. Hence, Disney also has to divest in businesses which are unprofitable or have no long-term growth potential.
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 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.
This case provides a brief history of management conflict and change at Walt Disney Company. Former CEO Michael Eisner was considered to be controversial because of his abrasive style and tendencies toward micromanagement. It was this style that strained several important relationships to the Disney Company. Though his reign as CEO during the 80’s and 90’s helped advance Disney Company, it was his conflicting management style that led to his demise and the beginning of Robert Iger’s epoch at Disney. Since Iger has taken the helm as CEO Disney was ranked 67th in the Fortune 500 list for largest companies, it has become the largest media conglomerate in the world, and relationships and disputes stemming from Eisner have been reconciled.
The success of Disney is a combination of creativity and innovations, and the managerial ability to identify and take advantage of every possible synergy.
The Walt Disney Company is known throughout the world as a leader in entertainment. The strategies that the Walt Disney Company have used include competitive advantage, a growth strategy, and a renewal strategy. When a person mentions a theme park, Disney is the first park that comes to mind. They were not the first theme park, but they have mastered the art of creating memories for adults and children alike. As a former employee of Disney I can vouch for the amount of effort that goes into creating memories for families. Disney is a leader when it comes to the theme park business, and other parks look at Disney as a leader. An example of this is that other parks will not raise admission prices, until Disney first raises their prices. WESH.com said "It remains to be seen if Disney's move will trigger a round of similar increases at other Orlando theme parks. Historically, when Disney raises its prices, the other parks follow" (2011, p.1). There is not a company in the world that can provide the "magic" that the Walt Disney World company can provide (Disney.com, 2011).
Are you for or against Disney? For a majority of Americans this is a no brainer. There answer would be “YES”, because Disney inspired them as a kid, Disney let their imagination be free, or let them dream. Others would not agree, they say “NO” to Disney. For those people Disney has served as a direct representation of an individualist society, money making capitalist, or it represents dreams that cant come true. Yet, Disney has an incredible effect on today’s society due to the direct correlation to the American dream that they create in its publications and products.
In conclusion, Disney appears to be a very strong company financially. They do not have any major red flags. Their liquidity ratios and other information does not seem to be alarming in any way. They have been around for many years and are extremely successful, so any obstacle in their way will not be an issue. They will be able to work through it and bounce back from it without a problem.
Disney has a rich history and an even brighter future due to the smart decision making of the managing body. Throughout its history Disney has been heavily involved in acquisitions, keeping up with the industry trends and even starting new ones through its parks and resorts segments.
Mickey is the first thing that comes up to everyone’s head when we hear the word “Disney”. Of course we all have heard of “Disney Land” and “Disney World” or probably have been there on vacation with your family. Or have shopped at their Disney stores before when you were younger. Well, have you ever thought of any possible risks Disney has had or any profit loss they gone through? For being a huge company I believe that they spend a lot of time looking for new things that Disney could change or look at any new improvement they can be involved with. Some risks many companies might deal with can be safety issues, their location spots and nor any profit loss they might struggle with.
Disneyland through its long history of serving people across the world with their premium services had to keep to their words Hong Kong Disneyland website (2018). The employees must live up to the expectations for which people are paying greater than average price.