One thing I do understand is that whoever created that dang "Quote" button should buy stock in you!
It is currently selling for $57.63 a share (undervalued!!). Which is much better than Disney.
Now quit quoting and offer some specific ideas.
I've tried to solicit some more because you can leave burn Rome or rebuild it.
Just don't stand there and look at it.
Now come on and leave the amens in the keyboard and propose solutions.
And, please, QUIT SHOUTING SO MUCH
Is there anything else you don't care for in my posts? I mean are there other rules I should observe? Sentence structure, dangling participles, fragments, spelling? Would it be alright if I still spell Ei$ner with the "$" (it's kind of a trademark you know)? Please let me know!
THANKS!!
But this caveman like "Walt Good", "Mike Bad" general debate seems to have been tweaked, twisted, and tweened (a word?) from every angle.
But it's quite evident that you still don't get it! And let me further clarify. Mike isn't "bad". He just doesn't get it either. So, while he may not be a 'bad' guy, or even a 'bad' CEO for almost any other corporation in the world, because he doesn't 'get it', he is very, very 'bad' for Disney.
Conversely, Walt is not inherently good. He was supposed to be a real SOB at times. He dipped his donuts in bourbon, for God's sake, first thing in the morning!! No, I am not out to make him a saint. And I realize that times change, peoples perspectives change and stagnation is the surest way to bankruptcy, both financially and creatively. What I ALWAYS point to is his philosophy. And specifically his philosophy regarding the SHOW. And the SHOW should be sanctified. Whether dealing with the SHOW of the theme parks or the SHOW of a film, it must be sacrosanct! It is pure. And if you put your Walt head on, and be just a little practical and maybe a bit pragmatic dealing with time differentials, you can answer all these questions for yourselves. And I'm thinking that there would be little debate. Oh, a couple gray areas, the cruise line and DVC come to mind immediately. But other things are really no brainers. Let's try one, OK? Theme parks - Central to the core or not? Well
hmmm
Let me see
See how easy it is? And it's even fun! Theme parks, of course, are part of the core!! As is animation. And we can stretch those two just a little to include
some live action motion pictures and resorts (which makes the cruise line, DVC and some television venues gray areas).
Let's try another. And this is tricky. At first glance it seems to fit, but
Well
Give it a try. ABC: a keeper or do we dump it? Not from a business perspective (you keep on about sharks, so functionally we may need to keep it until we can get out gracefully. I'm talking philosophically.) We dump it of course!!! (And as an aside, it doesn't matter if it's a money maker or not. While it may generate unbelievable profits, it is not centered to the 'core'. And if it's margins are in fact marginal or a loser, it only makes dumping it imperative instead of just desirable.)
Want to do another one? OK! Let's try: sports teams. Well? What do you think? Keep or dump? Don't think as Walt would, but instead use his philosophy. Not in 1950's style, but extrapolating his 'philosophy' to the 21st Century. You will find that not much has really changed. You will find that the only criteria is, "can it work with what we do best?" (keeping it close to the core) and "If we do it, can we,
do it right? Can we make it a
Disney experience? Or will it be just like any other ball club in the world, the only difference being a Disney logo on the uniform somewhere?"
The point is you keep forgetting the philosophy. Maybe what you need is a mission statement. Lets try this one from AV:
The purpose of Disney is to make fantasy into reality.
Wonderful. That is a pretty good start to a Disney mission statement!! Can they do that with a sports team? Well, I suppose a very skilled attorney could make a case that it could be so. But I get the feeling that there would be several raised eyebrows within the jury as they retired. I suppose what I'm saying is if you need to hire a lawyer to make it fit within the mission statement, then it doesn't belong there in the first place. And in this case, being
just another ball club really only dilutes their brand name in the long run.
How about this one?
entertainment in nothing more than emotional experience wrapped up and sold in the market. Emotion IS the product, that's what entertainment companies sell and that's what consumers are looking to buy. It's not an optional ingredient.
That is the essence of Disney. The only thing that AV left out is that Disney
does it right, or they don't do it at all. In other words they are THE best at providing this emotional commodity. Whether it is the passionate response they elicit by providing a resort that blows you away (emotionally) or an hour and a half of (laughing, crying and everything else in-between) animation.
But alas, it is a little long for a mission statement. So, if you agree with the premise, let's whittle it down a bit. And while were whittling, let's make it Disney's. Why don't you have a stab at it. I mean, after all, any good business has a short, simple and clear mission statement, on which ALL other decisions are based. It is there we have to start. Otherwise we are all coming at it from different angles.
Your turn.