preview

Walt Disney's Mission And Vision Statement

Decent Essays

As mentioned on the company’s mission and vision, Walt Disney is known as “one of the world’s leading producers and providers of entertainment and information” (Disney, 2015). Initially founded in the 1920s as a cartoon studio, Walt Disney now becomes a global corporation providing wide range of services from media networks to parks and resorts to consumer products to interactive media and also studio entertainment (Disney, 2015). Creative, innovative and profitable are three typical features for Walt Disney and its products and services. Section 1: Conflict, Politics, and Conflict Resolution Today, we will not discuss about Disney’s success but its troubles caused by conflicts and politics and how its leader solved them by turning back in …show more content…

Negative power happens once managers of the company “do not have the respect of the employees under them” (Stacy, 2014). When Eisner was as CEO of Walt Disney, he was aware of establishing a coalition with members are those who are directly handpicked by him, including Iger, who then became the next CEO of Disney. To the case of Walt Disney, it is obviously to see that sources and effects of powers are derived by centrality when Diney’s board persuaded Eisner to become chair of Disney and let Iger – his handpicked successor to replace his …show more content…

Three main effects can be figured out is firstly the delay in the decision making process. All important decision and changes or new ideas must go through Disney’s strategic planning office with several levels of top managers and then wait for approval from Eisner. Secondly, centralization of power restrained new ideas and innovation from business units. Manager at business units were not encouraged to speak out and they felt lack of motivation to generate innovation or new ideas. Also, there raised the unbalance between divisions and the amount of new ideas coming from below was reduced

Get Access