Disney is known as the “Happiest Place in the Earth” and it is the world biggest entertainment organization, it build up its entertainment empire for 89 years ago. The current man behind the magic kingdom is Disney’s CEO Bod Iger, who has lead a dramatic revitalization of the Disney brand since the ex CEO Michael Eisner. The different in leadership style between this two managers of Disney having different type of outcome to the Disney. Leadership is about influencing, motivating, and enabling others to contribute toward the success of the organization. Although there is the same objective for leadership but the way that leader use can be different. For Disney, the Ex- manager, Michael Eisner was using the monarchic corporate style while the current CEO, Robert Iger is changing the …show more content…
Iger. Before the Michael Eisner become the CEO, Disney had experienced the tough in performance and faced several unsuccessful under the lead of others manager since the death of the Disney founder, Walt Disney. Michael Eisner help Disney to expand their market and financial performance but in the use of directive leadership style or task-oriented leadership.
Task- Oriented Leadership
Task-Oriented leadership is the style of leadership which is the leader is more concern on the achievement and performance of worker rather than the feeling and need of worker. Under the lead of Michael Eisner, the performance of Disney is being maximize and the stock price of the company is keep increase and increase. It make the shareholder become happier but the worker of Disney are not being concern. This type of leadership is misaligned with the sense of Disney that bring to publicity which is “The Happiest Place in the Earth”. Disney should not only bring happy to the customer but also they need to make sure the happiness within their organization especially their
Net income increased from $93 million in 1984 to $445 million in 1987, so Disney increased its net income more than four times after Eisner’s takeover in the first four years. Much of this incredible success is due to Eisner’s tough leadership, brand management and his corporate strategies. He not only brought the company back on track, but also made sure, that Disney did not loose its sight in his own corporate values (quality, creativity, entrepreneurship and teamwork) (1, p. 4). Much of Disney’s success in the first four years under Eisner was due to the strategies of simultaneously “managing creativity” and keeping an eye on costs due to well-defined financial objectives (1, p.4). What’s more, Disney
The Walt Disney or simply ”Disney” is an American mass media corporation, it was founded be Walt Disney and his brother Roy o Disney in October 16 1923. It is one of the biggest animation industries with it’s hand in live-action film, television and theme park. The company current name was came in 1986 and expanding in different area’s like theater, radio, music, publishing and online media. It is one of the biggest organization which has many product of it’s different sectors. From television to media to theme park to publishing it has many hands. It is the leader in animation industries. Now it is one of the leading organizations with annual revenue of 45 billion. It was Walt’s understanding that coordinating the talents of the people he hired, and pointing them at the direction of his ultimate goal was his most important job. Walt was an innovative and visionary man that used his animation background to co-found, manage, and set the platform for The Walt Disney Company’s future. Disney has five main
The Walt Disney Company has truly been “the entertainment king” in the 83 years since its founding. The success of Walt Disney Company is due to the struggle of two men. 1st man was the Walt Disney which gave the vision for this company and the 2nd person was Michael Eisner who used his strategic management skills for the success of this company and gave a innovative model due to which the company gain the many successes in the many years and still is a successful company in the word.
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,
Within the pages of Disney U, a captivating story unfolds describing the development program designed for Disney employees. Many times reading a perfunctory book that is designed to improve one’s skills in leadership is, well, not a delight to read. However, Disney U is able to grab the reader’s attention and guide them through a thought provoking journey of ground breaking leadership tactics, inventive training methods, and creating an engaging environment for an employee.
Leadership styles can be compared within any movie. I have chosen to compare the Disney movies Lion King and Toy Story 3. The stories of loss, triumph and family transcend time and easily highlight the different types of leadership styles of its primary and secondary characters. Lion King is a coming of age story battle between Simba the heir and the brother to the deposed king for control over the animal pride lands. Toy Story 3 is a continuation of events with the human Andy and the story of what happens to his toys as he is grown up and going off to college, what will happen to the toys now? There are many leadership styles within both movies but I have chosen to compare the four primary characters within these movies; Lion Kings bothers Mufasa and Scar and Toy Story 3 Woody and Lotso and integrate the lessons into the development of army leaders.
The staff and skills that they bring is why Disney has become so successful along with the leadership, because no company is successful on its own. It is not one man but it is a collective effort that allows for success. However, there needs to be a good leader to acquire the appropriate staff with the right skill level to ensure greatness. According to a recent article in the New York Times, the article written by Barnes (2013) stated, “Disney employs about 166,000 people worldwide”.
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.
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
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
In the words of Walt Disney, “All our dreams can come true, if we have the courage to pursue them.” The CEO and Chairman of The Walt Disney Company, Robert A. Iger, is a true example of this quote. Robert Iger start with a dream to get to the top of the film entertainment world starting as a young man and work very hard to get to where he is now. Robert has had to deal with companies merging and changes in film industries but as a true CEO he was about to embrace the true work ethic of CEO. However every dreamer has had to deal with challenges, but Robert has used {…} Robert is a true CEO and has a mind for new improvements, and truly embraces the Walt Disney quote in every actions as he works to the
The ability to communicate his vision was just the beginning of Walt Disney’s leadership characteristics. Simply stating ones vision is not enough, you must motivate your followers to reach goals, and Disney was an excellent motivator. One tactic he used to motivate employees was encouraging innovation and rewarding good ideas. In pursuit of additional funding to create new films, Disney reached out to his employees on possible ways to obtain funding from Disneyland. A team of seven people decided to increase revenue they would open the park on weekdays and allow corporate members to offer discounted tickets for their employees. Overall, their plan was a huge success. To reward his employees for their success, on Christmas day each employee opened their door to find Mickey Mouse standing there with an envelope. Inside it were 100 shares of Disney stock, 25 $1,000 bills and a hand-written note from Walt: “It’s fantastic. You’re fantastic. Do it again” (Bradt, 2015).
Since 2005, the CEO baton was passed along for the 6th time to the company’s COO since 2000, Robert Iger. Iger has a long history within the larger framework of Disney’s enterprises, namely through ABC studio and cable network channels (Management 2009). Iger – as CEO of Disney – has focused on reconciling problematic dissension among the board of directors, especially the current Roy Disney, who, at one time, campaigned against Disney itself. Since then, the company has restructured certain key areas in management to regain investor confidence and internal affairs. Most recently, Disney announced its fiscal year and fourth quarter financial results via webcast (Corporate 2009).
Beginning with the pre-2005 context of Disney’s business environment I will show why Eisner’s autocratic style of management was impeding the necessary changes the company needed to survive in light of the issues facing the company. Following on from this analysis I can assess the process of change which the company undertook relating to relevant theories in the strategic change literature. This will allow me to evaluate the effectiveness of the leadership during this process and show how CEO Iger was central to the changes which took place, again in accordance with strategic leadership theories. Finally I will attempt to identify how Disney has harnessed its key resources and core competencies throughout the process of strategic change to give itself a
Walt Disney Company is famed for its creativity, strong global brand, and uncanny ability to take service and experience businesses to higher levels. In the early 1990s, then-CEO Michael Eisner looked to the fast-food industry as a way to draw additional attention to the Disney presence outside of its theme parks - its retail chain was highly successful and growing rapidly.