Sum it up: your hunch about Iger's Disney

lodgelady

DIS Veteran
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Let's take a shot at making a list of short sentences to express our beliefs about what is coming for Disney under Iger. The list format will make it easy to read. Later, we can look back and see if our predictions/ hunches were right or wrong. :3dglasses I'll start.

Under Iger's leadership Disney will:

1. Value safety over creativity.
2. Be a follower, not a leader.
3. Continue to be unresponsive to consumers' opinions.
 
Under Iger's leadership Disney will:

(1) Decentralize allowing for greater creativity and imaginative risks by all segments.

(2) Be more CM friendly as a decentralized leader will listen to his subordinates on what makes their divisions run effectively.

(3) Be more competetive. The Eisner 'sit on your hands' years are gone...Iger will get to grow Disney his way, which will not resembles Eisner's way all that much.

You asked.
pirate:
 
Peter Pirate said:
Under Iger's leadership Disney will:

(1) Decentralize allowing for greater creativity and imaginative risks by all segments.

(2) Be more CM friendly as a decentralized leader will listen to his subordinates on what makes their divisions run effectively.

(3) Be more competetive. The Eisner 'sit on your hands' years are gone...Iger will get to grow Disney his way, which will not resembles Eisner's way all that much.

You asked.
pirate:
Peter,
Could you point out some examples to further illustrate your point. I say this for the benefit of those who might sincerely wonder. I usually find myself planted in your CAR.
 

It is well known that Iger IS much more behind the scenes and laid back than Eisner. He has never craved the spotlight and has always (said) he believes in letting people do 'their' work. Even critics of Iger have said he is understated, not 'hollywood' and most importantly not above taking risks creatively.

He has succeeded in whatever his role has been, although his inability to turn around ABC was always seen as a failure...I agree only to an extent. Although he failed to turn around the numbers early at ABC he did manage to solidify his position as #2 (with Eisner)...So did he fail or succeed?

Give him a chance to stand on his own and see what tanspires. For sure he's better than some hack from ebay or Fox!

Further, Eisner is leaving Disney in some pretty capable hands. Folks like Jay Rasulo, Al Weiss, Dick Cook and Matt Ouimet...Also, Look for an agreement with Pixar soon. Things are looking up!
pirate:
 
Would that be the 92% that gave ME a thumbs up this year ? Or the 8% of true Disney fans ?

IMO the majority of the stockholders are looking for 20% returns on their investments, not 100 million dollar E-rides with massively wonderfull que's. The problem with Disney now is that ME was trying to please the Wall Street types and not the fan base.
 
In the words of some obscure rock band somewhere, sometime...

Meet the new boss, same as the old boss!!



PS: Peter!!! Check your PMs!!!!! :wave2:
 
I am a shareholder who would rather see Disney creativity return than the stock hitting highs. This will create a stock uplifting anyway, over time. Disney is unique in that they need to spend mega bucks and not hold back the creativeness to create a better cash flow in the long run. Eisner has been living for the short runs though, trying to please investors.

Iger is in, lets give him the chance to get some creative juices flowing back in the company. I hope he can step out of Eisners shadow.
 
Welcome back, Mr. Baron.

From that same old rock band, via our President:

"Fool me once, shame on me.
Fool me twice, I won't get fooled again."
 
Peter Pirate said:
Under Iger's leadership Disney will:

(1) Decentralize allowing for greater creativity and imaginative risks by all segments.

(2) Be more CM friendly as a decentralized leader will listen to his subordinates on what makes their divisions run effectively.

(3) Be more competetive. The Eisner 'sit on your hands' years are gone...Iger will get to grow Disney his way, which will not resembles Eisner's way all that much.

You asked.
pirate:


Hi there Pirate-
Yes I did ask, and thank you for your informed opinion. I SO hope you are correct! I do not want to be all doom and gloom, but I am very suspicious of the Board. Post Disney War hangover perhaps? :rolleyes:

Plus4206-
Point taken. I will ammend the word "shareholder" with "consumer." I think you are correct. After all Eisner is a very large shareholder in his own right. His opinion will continue to be important for this reason, if not others.
 
I do not have the insight into the corporate dealings that several of you may, but I am willing to give Iger a chance. I am particularly encouraged by the news I hear that he is much less "hands on" than Eisner. I like the idea of decentralizing things a bit. I agree with Peter Pirate that the bottom line for we park afficionados just may be that there will be more creativity and not less.
 
When it comes to HOW things happen, I have to disagree with Baron, in that I don't see Iger bringing many of the same problems to the table that Eisner does. He should do a better job in the relationship area, and it does appear that he is more willing to let people do their jobs than Eisner.

But Eisner is so far gone in those areas that just being better than Eisner isn't going to be enough to really solve the problems.

Also, now that the buck has to stop at Iger, how will he respond to the inevitable failures (everybody has 'em)? Its one thing to let your people do their job when the spotlight isn't on you, but quite another when you are front and center.

The fact that he is not a parks or animation guy could be a benefit, if he really does let the people do their jobs. With the parks, the jury is still out on Weiss and Ouimet and crew, though that's better than with Pressler, where the jury had already come back with a unanimous guilty verdict. Its not looking good for Rasulo, though, as he's looking to be more part of the problem than the solution.

Still, there is at least reason for hope within the Parks ranks.

With animation, though, I'm not sure Disney still has the people in place who SHOULD be left alone. The best talent has gone elsewhere, and it will take quite an effort rebuild. Iger's lack of experience here could further hurt this area, and it can't take much more.

As a network guy, he seems no worse than anybody else. We'll have to see where he wants to take the live action segment.

I said earlier that I disagree with Baron in that the methods are not going to be identical to Eisner. But where Baron could be right is in the end-product (and that's probably what Baron meant anyway). Iger just doesn't have the track record in Disney's core businesses to give us proof that he can really move them forward.

I'm convinced the "search" was a sham from the start, and that if the Board had REALLY wanted to find a better choice, they could have.

But unless somebody out there has an ace up their sleeve, the deed has been done, and we have Iger, for better or for worse.

So my list? This is assuming that Eisner doesn't continue to pull the strings in some way or another.

1. The parks will continue their small but important improvements in upkeep and maintenance. The real test will come in the next few years, when its time to begin implementing any plans to truly "fix" DCA and the DL Resort in general, as well as the more subtle but very real issues at WDW. Things like Epcot's direction, AK's expansion, etc. Are the current park guys the right guys for the job? And will they be able to secure the type of funding and freedom under Iger that was impossible under Eisner? If I have to go one way or the other, I say it doesn't happen. Things will be better than under Pressler, but when it comes time to really take the risks and make the investments, Iger will balk.

2. Home grown animation will continue to struggle. Pixar will likely re-sign.

3. ABC will continue to cycle up and down, in the end, no better and perhaps a tad worse than the other guys.

4. All in all, "fans" will be happier with Iger than with Eisner, simply because he doesn't bring the lightning rod type negatives to the table that Eisner did. From the fan pov, things will be better, but nothing like the "classic Disney" we would like to see return. How the company will do financially is tougher, though I suspect we are looking at a continued cyclical pattern. When the economy struggles, or terrorism rears its ugly head again, the numbers will suffer and the parks will bear the brunt of the cuts. When outside forces are favorable, things won't seem so bad.


Bottom line, I think Iger has a reasonable shot to do a better job than Eisner, but I don't think he's the guy to truly restore Disney's luster. And, yes, I acknowledge that I could be wrong, for the better or for the worse.


So there.
 
A fair analysis, Matt--you've managed to get us away from the "he worked under Eisner, Eisner supported his candidacy, and Eisner's board picked him, so he must suck" approach.

Don't underestimate the power of the change in styles, however. If you think Mr. Iger can bring Pixar back into the fold, don't you think he can make the Company a lot more attractive place for the desired creative talents?
 
If you think Mr. Iger can bring Pixar back into the fold, don't you think he can make the Company a lot more attractive place for the desired creative talents?

He could, but Pixar is a unique situation. They have a lot of past accomplishments that they are not anxious to leave behind. My impression is that Pixar has really just been stalling in the hopes that the situation would become more favorable. If Iger was what they had in mind, then we'll know soon enough.

But Pixar is still a separate entity, and its creative folks don't have to answer to Disney. Even in the beginning of the relationship they were able to get their way (which is why we don't have 7 songs "strategically" placed in Toy Story), and they will certainly have full creative control in any new deal.

Iger having a more reasonable personality will cheese off fewer people, but that's far from enough to make DISNEY itself the employer of choice again. Part of Disney's problem in this area isn't just Eisner's personal tactics. Its the corporate environment that has permeated the company. Beyond just being "nicer" to these folks, Iger has to be willing to make the investments. He'll have to commit to the creative endeavors over the long haul, as opposed to continuing to turn Disney into a "middle-man" looking to capitalize on the brand value built up over past decades.

There will be times when he will have to look Wall Street in the eye and tell them he IS going to reinvest in parks and animation. That's something that many around here have said is no longer possible. I disagree, but I'm not sure Iger is the guy to prove that.

While we may not get more of the same in the "jerkweed" department, I'm afraid we are likely to get more of the same in the strategic direction department.
 
An Iger comment in a reuters news article

When asked what role Eisner would play at the company after the annual meeting, Iger referred to Eisner's comments, adding, "I have a great relationship with Michael and look forward to a dialogue with him about our company for a long time. I'm not going to get any more specific than that."



Need more be said?????!!!!!!
 




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