Walt Disney And Steve Jobs

Since the 1930’s, the Walt Disney Company is known for producing characters, images, as well as stories which have created happiness for audiences around the world. This corporation has grown from a small cartoon studio run by famous Walt and Roy Disney to a million dollar business. In Janet Wasko’s novel, “Understanding Disney”, Wasko explains Disney as corporation calling it “The Disney Empire”. Throughout her novel, Wasko argues that Disney is set up like a typical profit seeking corporation, as well as creates and manufactures fantasy, and lastly re-invents folk tales by “Americanising” them.

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

Mickey Mouse may be an iconic figure. However, history has shown that Walt Disney may have actually been a rat. Building his empire of “The Wonderful World of Disney” does not qualify him to be a captain of industry. By definition, a captain of industry is one with positive integrity. Whereas, a robber baron is motivated by greed. As Disney began his ascent, he was like the Pharaoh in his Prince of Egypt production. Believing the end justified the means, Disney plowed over employees, considering their livelihood as part of collateral damage. Disney was a robber baron with a pernicious temper, who harshly controlled employees, and ruled his cast members by intimidation.

Walt Disney once said, “It’s not the magic that makes it work, it’s the work that makes the magic.” (Capodagli & Jackson, 2007). Walt Disney was truly a visionary and ethical leader that used his talents as a transformational leader and artist to dream up a world that has stood the test of time for nearly 90 years. In this paper I will explain why he was both a visionary and ethical leader. It will show that he used inspirational motivation and intellectual stimulation to further his clear and easy to follow vision, inspire his personnel, and leverage their creativity. It will also show why I believe Walt Disney fit into the traits of an ethical leader by valuing his team members and creating an environment of mutual trust and respect. Then I will tell you how I have used the same transformational leadership behaviors to lead my people, have made sure not to fall into an ethical trap and take credit for the work others do. All leaders could learn something from Walt’s visionary leadership.

Some of the most loved and respected leaders in the world are known for their imagination, risk-taking, perseverance and their well-known success. They have always been one step ahead everyone else and created what no one else was able to do. They influenced other people to be as imaginative and hardworking as they were. They never stopped believing in what they were doing. The two most leaders who fit all these descriptions would be Walt Disney and Bill gates, even thought they have a lot in common, their leadership style was completely different.

The Disney Corporation has had both positive and negative effects on American society. Disney has majorly affected both the youth and adults in America by way they interact with each other, what they expect from each other, and how parents bring up their youth in harsh and unrealistic expectations according to Disney. Disney has fostered a strong sense of imagination in the past, present and future youth of America. This sense of imagination is necessary to the development of children when it comes to success in life and self-confidence. The Disney Corporation knows how to work it’s audience for a profit and mastering that skill has allowed Disney to accumulated billions by advertising and selling fantasies to young children and their parents. It’s also these very ideas that influence what Americans believe our government and policies should be founded on. In “The Mouse That Roared” the author states “Education is never innocent, because it always presupposes a particular view of citizenship, culture, and society. And yet it is this very appeal to innocence, bleached of any semblance of politics, that has become a defining feature in Disney culture and pedagogy” (Giroux 31) This quote defines Disney at large. Disney has created the idea of ‘imagination’ in American society and perpetuates it in everything America does and influences everything America stands. In everyday American life, politics and business, The Disney Corporation has a hand in it.

Before a film is created, various designers work from a script to capture the exact atmosphere and tone a film needs. There are hundreds, even thousands of artwork created behind a film while only a few will ever meet the screen. Despite that, the artwork serves another purpose; the artwork encourages and directs storyboard artists, animators, colorists, etc. to truly finish a film. One of those designers, those artists, according to John Canemaker, “helped Walt Disney move into a critical phase of his own artistic journey.” That artist was none other than the lovely Mary Blair. Her modernist style and talent for pairing colors instantly became an iconic Disney trait that would inspire later films.

Disney Productions is one of the leading entertainment businesses, bringing tremendous profits not to mention the joy it brings many people. It has not always been this easy for Disney however. It took the mind of one man to bring it to what it is today, and that’s mans name is Walt Disney. Walt Disney’s life was devoted to the arts and entertainment almost from birth. However, Walt’s fortunes and fame didn’t take form until his creation of Mickey Mouse.

Tokyo Disneyland was opened to the public on April 15, 1983. This amusement park was owned and operated by an unrelated Japanese corporation. The Walt Disney Company received royalties, paid in Yen, on certain revenues generated by Tokyo Disneyland. This new overseas business venture was bringing some concern about the foreign exchange risk to Disney. The management team at the Disney has been considering hedging future Yen inflows from Disney Tokyo since 1985. Mr. Anderson, the director of finance at The Walt Disney Company, focused his attention on a possible 15 billion ten-year term loan with an interest rate of 7.5% paid semiannually. On the other hand, Goldman Sachs, who had been working with

Disney has become a marketing goliath and the #1 entertainment company in the US. They have been able to develop a creativity-driven philosophy that over time was tempered by financial responsibility and that benefitted from powerful synergies between its divisions. From the very beginning, Disney has been synonymous with innovation within the children’s entertainment industry, from their introduction of animations with synchronized audio, full-length animated feature films and then later into theme parks and on-ice and Broadway shows. One important element of Disney’s success was the extent to which they integrated and expanded into different

Walt Disney saw change as a consequence of employee behaviour (Brownell, 2008). If a leader were to be effective, he or she must understand the needs of a member in an organisation. This also included an awareness of motives, personalities, skills, and abilities (See ‘Emotional Intelligence’ in Northouse 2010, p. 23; Brownell, 2008). Path-Goal Theory comprises the motivation of leaders toward subordinates in order that such needs are met and achievement of an organisation’s proposed goal is reached (Northhouse 2010). Walt Disney sustained subordinate involvement and interest through his leadership commitment to employees, as well as his dynamism and enthusiasm (Bryman 1993). After all, “Walt Disney’s greatest creation was not Fantasia, [n]or Snow White, but...his uncanny ability to make people happy” (Collins and

Walt Disney was not strictly in the market for selling ideas and products. A former employee of Disney’s once stated “Walt had the ability to inspire us by selling us on ourselves” (Pahl

The name Henry Ford is notorious in America, and is mostly related to Ford Motor Company and the assembly line, but his name means far more than that for most Americans that lived in his time period. Considered the Steve Jobs of his time, Henry helped advance the manufacturing industry and make products affordable to the masses. Henry Ford and Steve Jobs both changed the world by making their products affordable, increasing production of their items, and influencing future products.

Another creative and profitable partnership with Pixar’s Steve Jobs was eventually damaged because of Eisner’s “abrasive style and tendency toward micromanagement” (Ivancevich, Konopaske & Matteson, 2011, p. 337). Disney had joined forces with Pixar to finance and distribute films produced with new digital technology. Eisner claimed that “Disney didn 't really need Pixar anymore, since the Mouse already legally had the right to make sequels to Toy Story and all of the other films that Pixar had produced” (Hill, 2012). Also, Eisner’s degrading comments about Apple Computer during the testimony he

Starting as a young boy from Missouri, farmer Walter Elias Disney set out to make a mark on society. After first joining the Red Cross in World War I, he came back determined to be an artist. After moving to Hollywood in 1923 with his older brother Roy, they founded Disney Brothers Studio. After diversifying as much as possible, Disney had a firm grasp on the global market share until the 1980’s where the company’s revenues began to slump in the film industry. Luckily Sid Bass invested $365 million in order to rescue the company and bring an end to all hostile takeover attempts. Disney’s billion dollar powerhouse status in the entertainment industry can be broken down and analyzed using the