Walt Disney 's Objectives Of The World 's Leading Producers And Providers Of Entertainment And Information Essay

It’s no doubt that creating a family oriented theme park based on popular, beloved cartoon characters and imagination was a good idea. From Cinderella’s castle to the famous Main Street, U.S.A, there’s something extraordinary lying around every corner. Walt Disney World, other wise known as “the happiest place on earth”, or the place “where dreams come true”, was founded by a man with a dream of creating a place where children and parents could spend time together while making amazing memories. However, this extravagant amusement park is only one of the major accomplishments of Walt Disney.

Disney’s long-run success is mainly due to creating value through diversification. Their corporate strategies (primarily under CEO Eisner) include three dimensions: horizontal and geographic expansion as well as vertical integration. Disney is a prime example of how to achieve long-run success through the choices of business, the choice of how many activities to undertake, the choice of how many businesses to be in, the choice of how to manage a portfolio of businesses and the choice of how to create synergies between those businesses (3, p.191-221). All these choices and decisions are

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.

Many firms are learning that being environmentally friendly and sustainable has numerous benefits. (O.C Ferrell, Fraedrich, Ferrell, 2015). This could enable them to increase goodwill from various stakeholders and also save money in the long term. This will mean that they are being more efficient and less wasteful of resources, which will enable them to be more competitive by satisfying stakeholders. The CEO of

Walt Disney was a very influential man to the entertainment industry. He made animation a whole new type of entertainment. Although Walt went through many struggles and problems, he pushed on and eventually saw results for all his hard work. Many hardships got in Disney’s way such as unsupportive parents and even bankruptcy; Walt pushed on through, always creating, working hard, and persevering to accomplish his dream.

As a part of their ongoing effort to reduce their carbon footprint by fifty percent in advance of the year 2020, Disney added a new forty-eight thousand panel solar farm to its Florida theme park and resort Walt Disney World and Epcot Center. The facility is another in an ongoing string of sustainability initiatives enacted

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 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 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.

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.

Walt Disney is extremely known for being a film producer and popular showman. He was very recognizing for being an innovator in animation and theme park design. Disney was a visionary in terms of cartoons. Disney views and visions came from his persistence for the future. Walt Disney strives upon building Disney’s to have core strengths in three areas of entertainment and recreation, motion pictures and videos. Walt created his first animated character, Mickey Mouse.

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.

1. What is Walt Disney Company’s corporate generic strategy? Explain the reason for your answer.

The Walt Disney Company has a strong commitment in contributing in an environmental friendly and greener world and implemented this in their Corporate Social Responsibility policy by focusing on recycling and re-use of water. For example, the landscape in the theme parks is populated with native plants that use minimal water. Moreover, Disney uses more than 6 million gallons of reclaimed water. This means that the water has been treated, reprocessed and reused. ‘’Approximately 30 percent of the resort’s overall needs and 80 percent of its irrigation needs are met with reclaimed water.’’

They also have a Disney World Conservation Fund which has supported 112 countries totaling over $20 million in projects. They have also put conserving the environment in different movies they came out with. Examples of these movies are Disney Earth, Oceans, Wings of Life, etc. The profits of these movies have contributed to Disney planting trees in Brazil’s Atlantic Forest, protecting 40,000 of the coral reefs in the Bahamas, and the conservation of 50,000 acres of savanna wildlife in Africa. The Walt Disney Company also made an effort to reduce its greenhouse gas emissions. Disney has reduces its GHG levels 31% since 2012, and hope to reduce GHG 50% by 2020. Disney also uses fuel cells as one of its improvements to be more energy efficient. These companies do great things for the environment. Even though they do some things similarly and some things differently, protecting the environment is something all companies need to do. Another thing these companies are known for is the helping hand they give kids. They help kids become more knowledgeable about the environment, but they also realize children are the future, and want to help them in any way