Walt Disney World is getting out of the golf business

I see this move as a good one. Disney has done an outstanding job maintaining its courses over the years, and the way they go about it is expensive. So the assoc. with Palmer will be a plus for both. Hopefully this will free up funds to put back into parks, which is the draw to start with anyway. All other activities are just a plus.

Owning a business myself, albeit extremely small compared to Disney, business is still business. Decisions have to be made based on financials no matter what at times. This stands out to me as clearly financially sound based, nothing much more than that.
 
If that had been Walt's philosophy, Disneyland never would have been built.

I agree, thats why I included, at times. Walt was a visionary, his brother Roy, a money cruncher. It takes all kinds to make it go. I tend to be more like Walt, where my dad, my partner, thinks more in the finances. We make a great team. He was successful well before I came along. I just enhanced the business by being the detailer, its in my nature.

Honestly, I wish there was still a Walt type personality near the top with some influence. We would see more creativity with the gumption to move forward on their projects. But in most businesses, being flamboyant will get you broke. Walt was able to do so while his brother held him in check as much as possible.
 
I agree, thats why I included, at times. Walt was a visionary, his brother Roy, a money cruncher. It takes all kinds to make it go. I tend to be more like Walt, where my dad, my partner, thinks more in the finances. We make a great team. He was successful well before I came along. I just enhanced the business by being the detailer, its in my nature.

Honestly, I wish there was still a Walt type personality near the top with some influence. We would see more creativity with the gumption to move forward on their projects. But in most businesses, being flamboyant will get you broke. Walt was able to do so while his brother held him in check as much as possible.

Sadly, in today's world, a guy like Walt wouldn't be allowed anywhere near a publicly traded company.

I'm not going to turn him into St. Walt -- he was also a shrewd businessman in his own right -- calculating enough, for example, to even retain the rights to his name so that the company had to pay him to use it.

But he was also clearly unafraid to bring his company to the brink of ruin and then some to see his vision through. And that kind of attitude doesn't fly on Wall Street.
 

Sadly, in today's world, a guy like Walt wouldn't be allowed anywhere near a publicly traded company.

I'm not going to turn him into St. Walt -- he was also a shrewd businessman in his own right -- calculating enough, for example, to even retain the rights to his name so that the company had to pay him to use it.

But he was also clearly unafraid to bring his company to the brink of ruin and then some to see his vision through. And that kind of attitude doesn't fly on Wall Street.

Agree on all points, and its sad that a Walt type gets eaten alive in the business world now. If I would have started a business based on my own ideals, I would have never lasted. Glad for our sake Walt made it!!
 
Maybe they are getting out due to Gov. Rick Scott>

The state legislative session opened Tuesday. And it's worth noting that at the same time Florida's leaders are pushing to privatize things like schools, prisons and mental health hospitals, they are proposing that the government get more involved in the development of something we truly need.

New golf courses.

In state parks.

Shortly after becoming our new governor and declaring Florida was open for business, Rick Scott met with golfer-turned-businessman Jack Nicklaus to discuss economic development. So maybe it shouldn't have come as a surprise that one of the bills on the table this session is the "Jack Nicklaus Golf Trail of Florida" act.

The measure is sponsored by Sen. John Thrasher, R-St. Augustine, and Rep. Pat Rooney, R-West Palm Beach. It would allow the construction in at least five state parks, with courses designed by Nicklaus' company and financed by revenue bonds. Rep. Charles McBurney, R-Jacksonville, also sponsored another "golf trail" bill.

I know what some of you are thinking: Don't we have a few golf courses already?

Yes, we have the most of any state. More than 1,000, including 33 designed by Nicklaus. But we don't have Olustee Links. Yet.

Can't you see it? "Don't just hit out of a bunker, hit out of a Civil War bunker! Want to play a real island hole? Check out No. 17 on Fort George Island G.C."

OK, so far the only state park mentioned by name is Jonathan Dickinson in Martin County. Which is interesting because of what is right next to that park.

A golf course.

In fact, the area near the park is dotted with courses, some of which undoubtedly are struggling to stay open. That's the state of golf all over the state.

Last year, even with cut rates, the number of rounds played on the First Coast was down by 9.6 percent. And in the last five years, a half dozen courses in North Florida have closed - including one designed by another legendary golfer, Arnold Palmer.

So you can imagine how the people running existing courses feel about the government creating competition. Suffice to say, it's hard to tell who's more dismayed with this idea, them or environmentalists.

We're going to tear up some of the state's most beautiful natural places - parks that without golf courses manage to draw 20 million visitors annually - to build something that will take away customers from existing, tax-paying businesses. Maybe even put them out of business.

Why don't we clear more land and build hotels, too? Well, that's part of the bill.

Perhaps our politicians should look at Georgia. The state has golf courses in 10 state parks. Most consistently lose money. So a couple of years ago Georgia tried to privatize the ones it runs. Didn't get any qualified bidders. And in this economy, nobody is building new courses.

But here in Florida, a new day is dawning. And I suggest you enjoy it at places like Itchetucknee Springs State Park. Quickly. Before our state leaders turn it into the Spring & Bear course.
 
Maybe they are getting out due to Gov. Rick Scott>

Way to post an article from early March 2011 about a plan that was dropped a few days later. And the proposal was from from state Senator Thrasher and Rep Rooney Jr, not from Gov. Scott. But don't let facts get in the way of a good post. :thumbsup2

http://www.tampabay.com/news/enviro...would-put-golf-courses-in-state-parks/1156708

March 11, 2011
Legislators withdraw bills that would put golf courses in state parks
By Craig Pittman, Times Staff Writer
The plan called for Nicklaus-designed layouts in state parks.
A week after they introduced a pair of bills to let Jack Nicklaus build golf courses in state parks, Sen. John Thrasher and state Rep. Patrick Rooney Jr. withdrew them late Friday.

The reason: After news reports highlighted the contents of HB 1239, Rooney's office was deluged with calls, letters and e-mails about it.

"After much consideration and listening to the citizens of Florida, I have decided to withdraw HB 1239," Rooney, R-West Palm Beach, announced on his Twitter account Friday afternoon.

"Floridians spoke very clearly over the past several days on this proposal, and they are the reason I'm in office," Rooney said in a news release his office e-mailed reporters shortly afterward. "I appreciate their concerns and hope this decision allays some of their fears. Please understand that my sole intention in filing this bill was one of economic development, my main objective in deciding to run for the state House last year."

Thrasher, R-St. Augustine, made no announcement, either by Twitter or e-mail. But on the Legislature's website was a terse notice about his SB 1846: "Withdrawal from further consideration pending on Friday, March 11, 2011 4:04 PM."

...

For the record, as much as I love golf, this was a stupid idea. The system worked - legistlators proposed a bill, it was considered, it was rejected/withdrawn. Small victory for the people.
 
I am laughing at the part about "privatizing schools, mental hospitals, and prisons"

you hate big government? wait till you get a load of this "system"

For profit, half the productivity/ effectiveness, twice the corruption, twice the cost to the customer....which is...again...taxpayers.

I love it...don't bother enjoying the view as the train heads off the cliff...get up into the engine and throw more coal into the fire to make it quicker.


HAHAHAHA!!!!

But back to disney/ golf courses/ corporations...

I actually think this isn't too bad of a move...as golf is golf and it isn't what i would call "high service"...so it probably will work out to the benefit of both.

But as far as a visionary that is there to go for creativity...i would argue the counterpoint that there is no better/ safer spot anywhere in the world to have a creative guy in there helping to call the shots than at TWDC.
The size of the company and the Mouse shields them from herky jerky moves in the market and loss of investor confidence...they have more latitude to do what they want than just about anyone...save for maybe Apple and Exxon...(and accountants, bankers, government contractors, real estate interests, and defense when the "political climate is favorable")...

So the white knight could come...but it would take a warren buffet type to come in and gobble enough shares to alter the operation...as the once creative Eisner lost his way and made it just a collection of cheap numbers suits as his ego clouded his judgement...what i like to call the "Macbeth Period" ...1996-2005. Remember that Eisner was brought in just to do that...infuse creativity in the business...at the request of Nephew Roy and Sid Bass...

and it worked - though in a much simpler time. (but not necessarily a less greedy one)
 






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