BrianL
Doom Buggy Driver
- Joined
- Jul 24, 2013
- Messages
- 27,122
OLC is run the way it is because the Japanese are not thinking about the next quarter, They are thinking about the next 5-10-20 years and they want their park to be as fresh and attractive 10 years from now as it is today and as viable as a business as it is today. Asian cultures are shame based in large part and thats why if a Japanese CEO makes a major mistake which damages the business they usually admit fault, and resign and some of them follow the ancient bushido custom of seppuku for failing their master 'The Company'
OLC workers are very well paid it's one of the best jobs in Tokyo for customer service people and turnover is virtually nil and you have mulltiple generations working at the park.
The interesting thing is OLC is investing about 20-25% of revenue back into the park for maintenance and expansion which historically is the number Disney USED to invest (now about 6%) and Comcast/Herschend invests in their parks. Themed entertainment is a expensive business but as OLC and others prove its lucrative long term if one INVESTS in the business.
OLC is an amazing company and they absolutely do it right! Lots of Japanese companies are like that. I love how on The Imagineering Story they told of how Disney didn't want to do it and kept putting off OLC until finally coming up with the deal that they would never take - OLC pays for everything 100%! Sounds good - let's do it! Just look at what they built too! The investment shows. The US Disney parks are pretty good, but Tokyo just blows them away.
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