Eisner Facts

I think the trend of thought here has been that Eisner did a fair amount of good while Frank Wells was alive - most of the debate you'll hear is whether or not he should have stepped down 10 years ago and whether his choices since Wells died have been optimal.

Sarangel
 
If you want to look at numbers, you have to start and end with the stock price. Going by that, he did well the first 10, and poorly since. Whether that change was the result of him "losing his touch", or the result of his power finally reaching "critical mass" is what is most frequently debated.

Then we get into opinions, and we all know what those are like.
 
Here's a thought.........forget him!!!!!! Move on!!!!!
 

Unfortunatly we can not forget him until we see how Iger performs; after all Iger is the brain child of Eisner. So if Iger screws up (which he seems to be doing a good job at not screwing up so far) we can still blame it on Eisner.
 
Thanks for sharing the link.
I saw most of these numbers on CNBC on friday and was looking for a "snapshot" to print.

Thanks again!
 
I've said it many times before, Ei$ner was a big saviour for the Disney company in the beginning, but he got greedy, and should have left years ago.
 
mitros said:
I've said it many times before, Ei$ner was a big saviour for the Disney company in the beginning, but he got greedy, and should have left years ago.

Was he a savior, or just someone with good timing?
 
Good timing and some intelligent co-workers.
 
Yea, Wells and Katzenberg come to mind, YoHo. And lillasmom, you make a valid point.
 
I could give the man credit for something if I thought he deserved it. I WON'T give him credit, because I don't think he deserves it.

Here, I'll give him credit for the singles and doubles meathod of moviemaking which is not bad for a corporate style plan although it's not what I would have done. It did work well for the company.
 
Come on now there has to be something he did from start to finish alone that worked out well? No?

DCA? Go.com? Fox Family? Power Rangers? There has to be something.
 
BRERALEX said:
Come on now there has to be something he did from start to finish alone that worked out well? No?

DCA? Go.com? Fox Family? Power Rangers? There has to be something.
How about making turning around paramount, making Disney what it is today. Saving Disney from being broken up and sold. How about the WDW expansion, DS, AK, and several very success***l hotels at WDW. How about the muppets, ESPN, and the Disney Cruise Line. How about the Lion King, Beauty and the Beast, and Pirates of the Carribbean. I could go on but I don't think I have to. Anyone could point out bad points about anybody, but that doesn't mean thats all there is. The fact is Disney is far better off now than they were 20 years ago, or even 30 years ago.
 
BRERALEX said:
Come on now there has to be something he did from start to finish alone that worked out well? No?

DCA? Go.com? Fox Family? Power Rangers? There has to be something.

Nobody does anything in a mega-corporation "alone", but, as long as you're asking, how about Broadway and the Cruise Line?
 
DancingBear said:
Nobody does anything in a mega-corporation "alone", but, as long as you're asking, how about Broadway and the Cruise Line?
Exactly, and in the same way DCA, Go.com, Fox Family, and the Power Rangers were not done alone either. If they want to blame Eisner for the bad, they have to give him credit for the good also.
 
I'll give you the cruise line DB.

How about the Lion King, Beauty and the Beast, and Pirates of the Carribbean.

Lion King and Beauty and the Beast? I believe it is well documented the success is based more on Kratzenberg* then Ei$ner.

How about the muppets, ESPN, and the Disney Cruise Line. QUOTE]

No way you get the muppets. ESPN yeah and DCL yeah.

The fact is Disney is far better off now than they were 20 years ago, or even 30 years ago.

That remains to be seen. Now that they are a reseller I don't see them being better off. Now that they have shifted from creating to distributing I think they are worse off.

I could go on but I don't think I have to.

OK so we'll say more bad has been done then good?

How about making turning around paramount,

What does Paramount have to do with Disney? I think I don't know the connection.
 
If they want to blame Eisner for the bad, they have to give him credit for the good also.

Interesting choice of words. I've read DB's answer this, but I'll pose it to you. Do you hold Eisner responsible for the company's troubles? Either on the level of specific failures, like DCA, Go.com, internal animation, etc, or at the macro level, like the stock price the last 10 years or the unprecedented vote of no confidence at the '04 meeting?


That aside, I still don't get the fascination with the tally board of "goods" and "bads".

Name any leader in history and you can pick apart his/her lists of goods and bads, and you can argue forever about how much of those things were directly attributable to them.

But even under the worst or most evil leaders, some good deeds or accomplishments are achieved. In some cases, those "good" things might even be achieved because of some postive trait or action taken by that leader.

But so what? They still did a bad job. Do you feel the need to point out those good things everytime somebody says the person failed or was at least not the best person for the job?


Now, with Eisner specifically, I think he was the wrong guy for the job from day one. Yes, the company performed very well for the first 10 years of his tenure, but certainly its not as simple as saying Eisner was in charge so he was the only guy who could have got it done.

Those who orchestrated the coup that put Eisner in power wanted Wells as the #1 guy, Eisner as the #2. Eisner refused, and then Wells agreed to reverse the roles. However, Wells did not report to Eisner, but also reported to the Board. Its difficult to escape the fact that Eisner simply did not have complete control of the company, unlike in later years.

As YoHo points out, the surrounding leadership in the company was widely regarded as being much stronger at that time than in later years.

Is it coincidence that when Eisner assumed complete control of the company (and essentially the Board), the company's performance faltered?

Most say that he did a good job prior to that point, but just didn't do a good job after. I find it too great a coincidence that as he consolidated his power, his performance grew more and more questionable. The facts point not to someone who lost some of their ability to effectively lead the company, but more to someone whose effectiveness diminished as the team that mitigated his negatives disappeared.


One last point... Eisner did not save the company from a break-up. The break-up was thwarted by Roy and the Bass Brothers. When Eisner (and Wells) took control, the break-up was off the table.


ADDED IN EDIT:

One more last point... when evaluating a person like Eisner, or any other CEO for that matter, you can't just assume that anything positive (or negative) would or wouldn't have happened under another leader. As just one example, yes, Eisner ok'd hotels. But let's face it, anybody brought into the position had to start making use of the underutilized assets. ANYBODY given that job was going to build something. The question is, could somebody else have reasonably done a better job?
 
Well said Matt. You put my thoughts down better than I could have. Having guys like you around save me a lot of brain strain, putting what is in my head down in type.
 
Matt is one eloquent Parrot, that's for sure.
 


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