Walt Disney Case

An organizational design of the Walt Disney Company has a horizontal structure. It is seen in the departmentalization or subdividing into smaller units. The company is currently organized with certain key companies – all brand names – dominating each division. “The business departments of Disney Company are then grouped according to the product and this is a good example of a divisional approach” (Mannheim, 2017). Although each division assigns their executive officers different

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.

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.

The Walt Disney Company is a diversified international entertainment company (Disney, 2010) with ownership of many media outlets including radio, cinema, television and literature as well as consumer products such as stationary and toys. The Disney brand has huge recognition globally especially in the category of children’s entertainment with over 80 years of productions in this sector. With an obvious predominance and market leadership in children’s entertainment and consumerism, The Disney Company has an unparalleled capability to reach

In a typical corporation there are two divisions, Treasurer’s and Controllers offices that manage the finance function. The Treasurer’s Office is responsible for managing the firm’s cash and credit, its financial planning, and its capital expenditures. The

The Stakeholder analysis: The Walt Disney Company stakeholders consist of communities, business partners, board of directors/shareholders, employees, customers/guests, and major business segments. The board of directors/shareholders and the major business segments are in the section of high power, high importance. The board of directors and shareholders expect a return of net asset value and an increase in the growth of dividend payments. They also expect more involvement in the decision of the company. Included in this group are the long time ousted members Roy Disney and Stanley Gold. Major business segments, consist of Entertainment Studios, Consumer Products, Disney Parks and Resorts, and Media Networks. This group expects creative license to work on projects that allow them to express the creativity of their individual organizations. This requires them to have the freedom of innovation and independence to make choices.

“It all started with a mouse.” Since the 1970’s, Mickey Mouse has become one of the most famous icons in the world. The Walt Disney Company started in 1923, and has since expanded into over a hundred different movies, merchandise, and theme parks around the world and a variety of countries and continents (Walt Disney Studio History). Walt Disney opened his first park, Disney Land in California, in 1955, but later built Walt Disney World in 1971 which is located in central Florida. This was a bold move, but it was Walt’s plan to make a bigger park with more space and more attractions and opportunities for the guests. Since then, Disney World has become one of the most admired tourist spots in the world, and has the most widespread theme park

Walt Disney was well known for being a patriarch in the animation industry. His employees, numbering 800+, were the most experienced and well paid in the whole field. Just less than a decade earlier, Walt and his studio had struck gold with the success of the first ever full-length animated feature film, Snow White and The Seven Dwarfs. The film had become, at the time, the most successful sound movie ever. Walt had decided to take a large sum of the profit from Snow White and use it to finance a new animation studio located in Burbank, California – the same studio that Disney operates out of today. Profits were also used to fund new ventures into the largely undiscovered world of animation and stereophonic sound. However, behind the curtains

Within the first few minutes of Karen Morris entering the lecture hall I knew her presentation would be interesting, and one that would be hard not to pay attention to. I thought she picked a great topic to present on, I found the stories of the different cases incredibly interesting, and even humorous at some points. I felt that she kept everyone's attention throughout the presentation by the way she presented the information, she was not only loud but you could tell she wanted to be there and wanted to share these cases with us.

Movie making has been a fascinating subject in the U.S for many years. There are thousands of movies that have been made, and different movie companies. Most companies like to appeal to adults, but Disney has appealed to kids since 1923. Disney’s history is very interesting, Walt Disney had an idea, and that idea would change everybody’s outlook on children movies. In the early days of Disney, Walt signed a contract to start a live production. The company was then named “The Disney Brother Studio”. As Walt once said “the way to get started is to quit talking and begin doing” (justdisney.com).

The Walt Disney Company plays and important role in the lives of many, through the services provided and a place where many people are employed. Understanding overall group dynamics are vital for continued improvement. It is important to note that group processes currently in place can influence individual behaviors thus resulting in the overall performance at the group level. Developing a favorable organizational context that is designed to enable the group to achieve its goals are paramount. Using the Action Model The Walt Disney Company will be able to focus on its organizational and group conditions to facilitate a high performing organization. Four conditions of central importance for continued improvement for the Walt Disney Company are: organizational context, group design and culture, outside help, and material and technical resources (Harrison, 2005). Given the complexities of these factors managing and approaching these conditions with caution are critical for sustaining the intentions of The Walt Disney Company, ?to be one of the leading producers and providers of entertainment and

Walter Elias Disney, also known as Walt Disney, was an American motion-picture and television producer, famous as the creator of cartoon films and Disneyland. His relentless aspiration and determination drove Walt Disney to pour in each ounce of innovativeness into his work. In my opinion, Walt Disney was important because of his creation of Disneyland in order to have an educational as well as amusement value and to entertain adults and their children and his influence on American culture through films and animations.

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

The final responsibility for the integrity of an SEC registrant’s internal controls lies on the management team. U.S. companies need to refer to a comprehensive framework of internal control when assessing the quality of financial reporting to determine that financial statements are being presented under General Accepted Accounting Principles, GAAP. The widely used framework is referred as COSO, Committee of Sponsoring Organizations of the Treadway Commission, sponsored by the following organizations American Accounting Association, the American Institute of CPA’s, Financial Executives International, the Institute of Internal Auditors, and the Institute of Management Accountants. COSO’s defines internal control as:

The Walt Disney Company is one of the largest media and entertainment corporations in the world. Disney is able to create sustainable profits due to its heterogeneity, inimitability, co-specialization and immense foresight. During the late twentieth century, Michael Eisner founded and gave a rebirth to Walt Disney Company. Eisner revitalize TV and movies, Themes Park and new businesses. Eisner's takeover for fifteen years had climbed the revenues and net earnings of the company. It also successfully uses synergy to create value across its many business units. After its founder Walter Disney's death, the company started to lose its ground and performance declined. Michael Eisner became CEO