Organizational Technology Plan: Conclusion Companies such as Disney have been on the cutting edge of various forms of change for many years. They always seem to be just one step ahead of everyone else, and they are always focused on what they can do next. They are innovators - but how do they continue to stay relevant when so many other companies fail? They understand that change is not just something to be considered, but it is something that is required when it comes to managing a company. Managers who work in any company that wants to move forward and continue to be successful spend time focusing on how they can change appropriately (Managing, n.d.). Change just for the sake of change is not what is necessary. Instead, change has to be focused (Managing, n.d.) One of the reasons Walt Disney and his company was so successful was because Disney realized the value of each employee and how each person could provide ideas that had merit. Nothing was disregarded out of hand, no matter whether it came from a high-up manager or a brand-new janitor. Another reason for the success of the Disney company was the commitment to being socially responsible. When companies are socially responsible, they understand that there is much more at stake than just what they want or need (Moussa, 2011). Companies have a responsibility to their workers, their community, and their planet. For too long, many companies ignored this. When companies started to change and become more responsible, it
Walt Disney created some of the greatest and most advanced technology ever. Much of his Technology is still here today. Until he created Disneyland there were no other theme parks of it’s kind. He didn’t stop there he created Disney World one of the biggest theme parks ever. No matter what it was Walt always thought he could do better.
According to Bolman and Deal (1991), the structural frame is the best predictor of managerial effectiveness. Under the structural frame, the Walt Disney Company achieves significant goals in both key long-term programs as well as new initiatives. The structural frame is hierarchical in the company, as there is a Chairman and Chief Executive Officer. The leader of the company values analysis and data, keeps his eye on the bottom line, sets clear directions, holds people accountable for results, and tries to solve organizational problems with new policies and rules or through restructuring (Bolman & Deal, 1991). From this structure, it is evident that power flows from the topmost individual through the structure to the lowest individual in the
The Walt Disney Company has three major long-term goals for environmental stewardship. Disney emphasizes the term of attaining a “zero” state. These three goals are zero net greenhouse gas emissions, zero waste, and conserve water resources.
Walt Disney was a transformational leader as described as one “who serves to change the status quo by appealing to followers’ values and their sense of higher purpose” (Northouse, 2013). Walt Disney had a vision and did everything that he could to make that vision a reality. Walt Disney had four main transformational leadership characteristics: Vision, rhetorical skills, image and trust building and personalized leadership. Along with these four qualities, Walt Disney also had charisma and inspirational motivation (Northouse,
Growing up in a family that loves Disneyland, I have had many opportunities to visit Disney parks and watch Disney movies and television shows. My childhood was filled with fairy dust and Mickey Mouse ears. As I got older I learned that the Walt Disney company not only provides fun entertainment, but it also spends large amounts of money to make the lives of others better through Corporate Social Responsibility (CSR). The benefits of Corporate Social Responsibility outweigh the costs. Corporations spend millions of dollars a year on CSR, but receive greater benefits that make the costs of CSR worth it. Corporate Social Responsibility improves companies’ reputation as well as increases total sales and income. When companies incorporate CSR they have better employee and consumer ratings. CSR improves the life and quality of customers as well as the community, which makes for a long-lasting business. The Walt Disney Company is a corporation that focuses strongly on incorporating CSR into their business and making the world a better place. Corporate social responsibility not only profits the company, but it also benefits the organizations they are helping, such as the community, the environment, the economy, employees, customers and the world.
The history of how The Walt Disney Company came to be started from a small individual who enjoyed drawing and used art as a way to escape reality, his name was Walt Disney. After the World War 1 ended, Disney went to Kansas City where he later created an animated company that went bankruptcy. Walt Disney moved to Hollywood where he met M.J Winkler a distributor, Disney become part of her production partner. (The Walt Disney Company) In 1927 Disney created a series where the distributor copyright the main character and Disney only made a few hundred dollars, therefore Disney decide to leave and created that same series with a different name which was Mickey Mouse. Disney decided to go with his brother Roy and created Mickey Mouse films. When Disney wanted to put out Steamboat Willie many film producers did not like the film’s idea until Pat Powers decided to release the film in theaters. The film gave Disney enough money to start on other projects which later those project turn out to be such as the amusement parks, merchandise, etc. In December 15, 1966 Walt Disney died from Lung Cancer, Disney’s brother Roy made sure that Disney’s believes and philosophy about the company would still be passed on by the company 's employee. (The Walt Disney Company) The company kept going which has become of the greatest companies that are socially responsible and sustainable.
Every company has a responsibility to support the society it serves. This indicates that a company that wishes to truly thrive in a market should not just follow the business and consumer laws of the country but take an active interest in the community that it serves in each country. Today’s global market is led by companies that concern themselves with the sustainability of the company and its products, as well as the continual improvement of the
The Disney Corporation is a leading diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media. (Disney Corporate, 2009). This company did not become one of the leading corporations in the world without hard work, an extreme dedication to the mission and core values of the organization, and the successful application of the four functions of management: planning, organizing, leading, and controlling. Many internal and external factors may have a direct impact on the four functions of management like: globalization, ethics, and innovation.
In order for Disney to remain a dominate player within all of its markets, the company must focus on key aspects of its internal environment. Disney must concentrate on aspects such as core competencies, corporate governance, and synergies to assist in forming a sustainable competitive advantage.
Introduction: The Walt Disney Company is on the threshold of a new era. Michael Eisner has stepped down from his position as CEO and turned over the reigns to Robert Iger. A lot of turmoil has been brewing through the company over the last four years; many people are hoping that this change in leadership will put Disney back on the road to success. Issues began around mid-2002; when declining earnings, fleeing shareholders, and
Strategic Planning is the process of developing and maintaining a strategic fit between the organizations goals and capabilities as well as emerging market conditions and opportunities. Disney's primary strategic objective is to product high-quality content through their entire product mix. The company also had a record financial performance in 2010 led by the Disney movie studio last year was the first in history to make two film that crossed the billion-dollar mark at the global box office Toy Story 3 and Disney's Alice in Wonderland. Another strategic objective that Disney has set is the goal to make experiences more memorable and accessible through innovative technology. The final strategic objective that Disney has focused on is international expansion.
According to Robert Iger, CEO of The Walt Disney Company, Disney’s corporate strategy for diversification is a combination of three objectives that are to be achieved through the fundamental alignment of the Company’s core business units. The three objectives to be achieved by The Walt Disney Company are (1) creating high-quality family content, (2) exploiting technological innovations to make entertainment experiences more memorable, and (3) expanding internationally. The Walt Disney Company’s three objectives that make up the Company’s corporate strategy are to be achieved through each of the Company’s core business units that are split up in to five divisions (1) media networks, (2) parks and resorts, (3) studio entertainment, (4) consumer product, and (5) interactive media.
In this paper, we will explore the magical experience of Walt Disney Company through the structure and symbolic frames based on the Bolman and Deal?s individual lens. The structural frame focuses on the architecture of an organization and other features like: rules, regulations, goals, policies, roles, tasks, job designs, job descriptions, technology, chain of command, vertical and horizontal coordinating mechanisms, assessment and reward systems, and many more (Bolman, L., & Deal, T. 2013). The symbolic frame focuses on the culture, meaning, metaphor, ritual, ceremony, stories, heroes and inspiration of the organization (Bolman, L., & Deal, T. 2013). On this analysis I will also explain the organization?s strengths, weaknesses, opportunities and threats that impact the leadership, partners, employees and community internally and externally.
Overall, through ‘Transformational Leadership’, Walt openly communicated his vision into the infrastructure of Disney and instilled values and a sense of purpose among his employees. With a wanted trust and respect for followers, he was able to encourage and challenge traditional methods to harness better, innovative ways to solutions (Flower 1991). Ruling by consensus, his consideration for the individual needs of his followers made him an ideal teacher and coach for his enterprise (Davis 2008).
As Walt Disney Company is famed for its creativity and strong global brand, Disney appear to create value in its business primarily through a differentiation strategy.