Running head: MEDIA LEADERSHIP STYLE ANALYSIS OF MICHAEL EISNER
Media Leadership Style Analysis of Michael Eisner
Whitney M. Wright
Regent University Media Leadership Style Analysis of Michael Eisner Media Leadership Example
Michael Eisner was recruited by Walt Disney Company from Paramount Pictures in 1984 to help Disney out of its financial slump in the 80’s. Eisner helped revamp Disney’s theme parks as well as rejuvenating their movie studio. In the process, Eisner helped “make Disney into a television powerhouse, climaxing those efforts with the takeover of Capital Cities-ABC…yet when Michael Eisner assumed leadership of the company, Disney was in trouble. It was Eisner and his staff who turned the ailing theme park
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Eisner insists on having control over the creative process, and that he has to authorize all story development. This creates an atmosphere where writers, composers, animators, and actors do not perform their best, because they have no say in story development. This results in films that under perform at the box office” (The Walt Disney Resource). 3.) Eisner “has failed to negotiate fair contracts with some of Disney’s greatest assets…including Disney’s top writers, composers, animators, actors, and partners. Jeffrey Katzenberg, Hilary Duff, and Pixar Animation are just a few of the recognizable names that have left the Disney Family because Michael was unwilling to pay them what they are worth. Miramax has threatened to leave the company as well” (The Walt Disney Resource). 4.) Eisner’s “desire to cut costs has resulted in many poor quality films and merchandise” (The Walt Disney Resource), and 5.) Eisner “has mismanaged the theme parks…and has tried to save money by cutting down on maintenance costs” (The Walt Disney Resource) where the upkeep is eroding.
Application and Analysis of Leadership Styles
Upon reviewing Eisner’s domineering, harsh, and autocratic management style seems to echo a combination of Pseudo-Transformational, Transactional, and Path-Goal leadership styles. Eisner referred to his upper management key people in negative, derogatory, and abusive terms such as: “Jeffrey
The diagnostic model I have chosen to discuss to analyze Disney and several of the companies acquired throughout the years such as Pixar, Marvel, and LucasFilm’s LTD for this assignment is the 7-S Framework model. I will also briefly discuss the many changes that Disney has implemented to improve the customer viewing as well as interactive experiences at their many new, current theme parks, and vacation destinations throughout the world. The 7-S model developed by McKinsey and Company consultants Robert Waterman Jr., Tom Peters, and Julien Phillips (Palmer, Dunford, Akin, 2009). The 7-S model may be used
Under Eisner leadership, Disney became owners of many television cable shows. Eisner also established the company’s own cable network, the Disney Channel which earned a huge following among kids of all ages. Eisner made a comeback in the film department by creating movies for adults as well as scoring new hits with their traditional animation for the children. His huge success came from the animated classics theatrical versions of Beauty and the Beast and The Lion King.
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
While it is true that ignorance and power-holding led to the farm’s corruption, manipulation was the most influential in the corruption of the animal farm. All of these factors eventually led to Animal Farm’s corruption. Ignorance played a big role as well as Power-holding. However, Manipulation played the biggest role in the corruption of Animal Farm. One factor that led to the corruption of the Animal Farm was ignorance.
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.
To answer the main question of the case, we must think of the main problems that it faces. We need to find the solution for Bob Iger. What to do with Disney: to make some improvements in the existed company to compete better with Pixar, or to make a deal with another studio? Or should he work more with Pixar, or maybe just buy the whole company?
When Eisner connected Disney in 1984, he dedicated himself to maximizing shareholder wealth through annual revenue growth of 20%. For rejuvenate the firm and achieve great revenue margins Eisner took several steps to rejuvenate Disney. His plan was to build the Disney brand while preserving the corporate values of quality, creativity, entrepreneurship, and teamwork. And that’s why Eisner and his team focused on revitalizing Disney’s TV and Movie Business.
The Walt Disney Company started off on the dreams of one man, Walt Disney. He started the Walt Disney Studios in 1926 to make animated films for children but was not satisfied with his accomplishments. As his motion pictures and television programs became successful, he felt a desire to branch out. One area that intrigued him was amusement parks. As a father, he had taken his children to carnivals and other entertainment enterprises, but he always ended up sitting out the rides while the kids had all the
Introduction The Walt Disney Company is an American diversified multinational mass media corporation. It is the largest media conglomerate in the world in terms of revenue. It generated US$ 42.278 billion in 2012. Disney was founded on October 16, 1923, by Walt and Roy Disney as the Disney Brothers Cartoon Studio, and established itself as a leader in the American animation industry before diversifying into live-action film production, television, and travel. The Walt Disney Company operates as five primary units and segments: The Walt Disney Studios or Studio Entertainment, which includes the company's film, recording label, and theatrical divisions; Parks and Resorts, featuring the company's theme
Managing conflict for organizations is very important in maintaining business relationships, especially ones that are profitable like that of Disney-Pixar. At the helm of the Walt Disney Company during the begging and end of these feuds was Michael Eisner and Bob Iger. Even though Michael Eisner is the one responsible for the conflict with Disney and Pixar, he should be equally responsible for trying to fix the damaged relationship. When trying to manage conflict there are several approaches that can be taken to resolve the conflict at hand: dominating, accommodating, problem solving, avoiding and compromising.
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
This paper will analyse a recent period of strategic change at The Walt Disney Company which began in 2005 with the appointment of current CEO Robert Iger. The company began to experience halted growth during the late 1990s. The former CEO Michael Eisner had been successful himself in the late 1980s in changing the company during what is known as the Disney
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
The third strategy that Walt Disney Company utilized was a renewal strategy. After Walt Disney died the company lost its direction. They hadn't made a successful movie in years, the theme parks were suffering from little growth, and the attendance had not increased in several years. In 1984 Disney was underperforming and was fighting off takeover bids. Roy Disney, Walt's brother, recruited Michael Eisner to save the company. The end result was that Eisner took the company from a 1.3 billion dollar company to a 30 billion dollar company (ABCnews.com, 2011). He accomplished this by renewing the company's focus on entertainment. Under his
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.