This website uses cookies to ensure you have the best experience. Learn more

The Walt Disney Company Analysis

1134 words - 5 pages

“The Walt Disney Company is a leading diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media.” (The walt disney, n.d.) At year end of 2013, the company had net revenues of $45 billion, up from $42.3 billion the previous year and net income of $6.1 billion, up from $5.7 billion the previous year. ("Walt disney co," 2014)
Enterprise Risk Management
Risk management is a way for firms to grow and create value. Enterprise risk management programs give organizations the tools they need to make quicker decisions with confidence. Steven Hunt, vice president of research at Forrester Research states, “It’s like driving a car: You can only go fast if you know you have good brakes.” (Buchanan, 2004) “As organizations develop their risk management processes, they can use those processes to consider the opportunity side of risk and use those processes to both protect and create value.” (Frigo & Anderson, 2014) The following will be an overview of The Walt Disney Company’s risk management practices.
The People
At The Walt Disney Company, they understand that the people are one of their biggest assets. The success of the company wouldn’t be possible without their employees, from top-level executives to individual employees, which they refer to as cast members. With that being said, it would only make sense that they implement a comprehensive risk management strategy for workers’ compensation. Disney recognized that reputation is another one of their biggest assets and disregarding the safety of their employees and care for injured workers would be a contradiction to their closely held values and reputation. (Gusman, 2008)
The impact of Disney’s loss control program on the company’s claims experience helped Disney become one of three winners in the second annual national Underwriter Award For Excellence in Workers’ Compensation Risk Management program. (Gusman, 2008) An example of cost savings for Disney was at the Walt Disney World Resort in Florida. After implementing their multifaceted loss control and safety program, the OSHA frequency rate fell 60.3 percent from 2002 to 2007. (Gusman, 2008) During this same time period, the lost-time frequency rate fell nearly in half. (Gusman, 2008) Work related injuries are inevitable, but Disney has programs in place to get employees back to work as soon as possible. They focus on helping employees to stay employed during their recovery process by helping to minimize their time away from work. They believe “it is not only important to know limitations, but it is also essential to know what the injured worker can do.” (Gusman, 2008)
Park Safety
Another way Disney manages risk is by implementing safety programs at their parks for customers. Visitors to Disney parks receive safety-themed literature filled with Disney characters. (Bradford, 2005) Parks also...

Find Another Essay On The Walt Disney Company Analysis

Walt Disney Company Report

6883 words - 28 pages AnalysisAfter collecting all my data and making a careful and depth analysis from an outside perspective to the company, I can say that The Walt Disney Company is a global leader in the industry of entertainment; it is a company that is continuously growing. The company always demonstrates its highly centralized and organized managerial decisions. The studio production department is crucial for the company to act as a leader for its products and

Walt Disney Company Essay

4268 words - 17 pages Walt Disney Company Introduction This report attempts to examine the Walt Disney Company as an organization whose international operations play a vital role in the company’s continuing existence. This report seeks to present a review and analysis of the company’s global strategy by analyzing the key internal and external factors that impact on the company and how it has used alliances and acquisitions as part of its global strategy. As a

Walt Disney Company

2811 words - 11 pages Disney Corporation The Walt Disney Company started as a small entertainment company in 1923 (Disney.com, 2011). Since that time the company has used various strategies enabling them to grow into a global entertainment company. Strategy The Walt Disney Company is known throughout the world as a leader in entertainment. The strategies that the Walt Disney Company have used include competitive advantage, a growth strategy, and a renewal

The Walt Disney Company- Entertainment King

9475 words - 38 pages Disney Company: The Entertainment King I only hope that we never lose sight of one thing-that it was all started by a mouse. - Walt Disney The Walt Disney Company's rebirth under Michael Eisner was widely considered to be one of the great turnaround stories of the late twentieth century. When Eisner arrived in 1984, Disney was languishing and had narrowly avoided takeover and dismemberment. By the end of 2000, however, revenues had climbed from

Exploring Walt Disney Company: The Entertainment King

1500 words - 6 pages Strategic Management The Walt Disney Company: The Entertainment King[1] I. Why has Disney been successful for so long? Disney’s long-run success is mainly due to creating value through diversification. Their corporate strategies (primarily under CEO Eisner) include three dimensions: horizontal and geographic expansion as well as vertical integration. Disney is a prime example of how to achieve long-run success through the choices of

Walt Disney Company Case Study

1551 words - 6 pages Walt Disney Company Case Study PART I Why is Disney so successful The success of Disney is a combination of creativity and innovations, and the managerial ability to identify and take advantage of every possible synergy. Walter Disney was the entrepreneur who had the creative skills. Knowing his limitations, he let other people do what he couldn't do good enough himself. This is an important skill, as it leads to quality products being

Walt Disney Company, Burbank California

911 words - 4 pages Walt Disney Company, Burbank CaliforniaWalt Disney, others might argue, has been the greatest inventor of all time, coming up with Disney productions, such as films, clothes, resorts and many more. Disney has come to be known as a world where fairytales magic, happiness, optimism and the hope of happy endings are all possible. One of the reasons it is so popular with children is because it encourages them to dream, and to know that their dreams

Case study The Walt Disney Company: The Entertainment King

1264 words - 5 pages 1.Briefly describe the type(s) of diversification strategies that Walt Disney pursues/has pursued over the years.The Walt Disney company can be seen as a highly diversified company. Over the years, it has pursued a wide range of diversification strategies that we can enhance:•Horizontal integration: obviously, Walt Disney has invaded several markets, diversifying its offer to many fields. In 2000, we can find five big main fields of action

A Cultural Assessment of the Walt Disney Company

2073 words - 8 pages seeks to develop creative, innovative and profitable entertainment experiences for the entire family. At the same time, the company strives to maximize Disney's long-term value to their shareholders. By the end of the twentieth century, the Walt Disney Company had already established footholds in four major business segments: Media Networks, Studio Entertainment, Parks and Resorts and consumer Products.Disney strives to separate itself from

Control Mechanisms: The Walt Disney Company: Team project

1354 words - 5 pages Control Mechanisms: The Walt Disney Company Introduction Organizations use control mechanisms to help regulate guidelines and procedures which contribute toward effectively achieving organizational goals. The Walt Disney Company is a well known entertainment organization that has become tremendously successful both nationally and internationally over the past 70 years or so partly through successful implementation of control mechanisms

The Walt Disney Company as an Internet Pioneer

1297 words - 5 pages The Walt Disney Company as an Internet Pioneer There are many factors that contribute to an organizations success, or downfall. Identifying these factors and the role each of them has on the four functions of management should help the organization be more successful. Three factors that may impact an organization may be E-business, technology, and/or diversity. There are many organizations in the world today, though few have been as

Similar Essays

The Walt Disney Company Essay

3777 words - 16 pages The Walt Disney Company is one that provides a broad spectrum of goods and services, making it extremely unique. The company divides themselves into five main categories: Media Networks, Parks and Resorts, Walt Disney Studios, Consumer Products, and Disney Interactive. These five factions do different things from producing movies to running theme parks. The Walt Disney Company, an oligopoly as few firms exist with the same relevance in society

The Walt Disney Company Essay

2092 words - 9 pages My mom is an employee at Marvel Comic’s headquarters in New York City. Marvel Comics is owned by the Walt Disney Company and this inspired me to analyze the corporate giant. It safely can be said that every kid has seen some sort of production by Disney. Countless kids grew up with Disney characters being one of their initial impressions of the world. And that makes Disney a very special and important company. Not only does Disney provide

The Walt Disney Company Essay

1776 words - 8 pages COMPANY BACKGROUND The Walt Disney Company is a wildly successful, international entertainment and media company. The company was born in 1923, after Walt and Roy Disney formed a partnership and started creating animated films. They affectionately named their joint venture the Disney Brothers Cartoon Studio. This was the beginning of what is known today as The Walt Disney Company. A more detailed history is available at http

A Political Economic Analysis Of The Walt Disney Company

1044 words - 5 pages , 2012). Concentration of media outlets has resulted in the majority of media production outlets and distributors being owned by international media conglomerates such as the famous Walt Disney Company. Critical Political Economy is theoretically based upon Marx’s concept of base and superstructure, though contemporary understandings of Critical Political Economy have found Marx’s reading as limited. Critical Political Economy is defined as ‘the