Study Document
Pages:2 (608 words)
Sources:1+
Subject:People
Topic:Walt Disney
Document Type:Term Paper
Document:#75313958
This award was first given to a Walt Disney employee named Fred who was "taught the values for necessary success at Disney." Stated in the article is that these lessons "helped to inspire the award, in which the name Fred became an acronym for friendly, resourceful, enthusiastic and dependable. First given as a lark, the award has come to be highly coveted in the organization. Fred makes each award -- a certificate mounted on a plaque-as well as the Lifetime Fred Award, a bronze statuette of Mickey Mouse given to multiple recipients of the Spirit of Fred Award." Walt Disney employees make and relive each day organizational stories and legends which serve as a reminder that there was a certain way that Walt Disney wanted thing to be done. There are legends and myths about Walt Disney as well which add to the excitement of being employed by the Walt Disney Corporation. (Mickkelson, 2003)
Summary
Retaining good employees saves the company both time and money and avoid the training period that is a drain on the company. Walt Disney has set forth the epitome of the best method of doing just that.
Works Cited
Debbie Patrick (2004) Walt Disney World the Benefits of Recognition "Recognition News," Vol 2, Issue 2.
Nelson, Bob (2004) Secrets of Successful Employee Recognition Online available at http://search.hp.netscape.com/hp/boomframe.jsp?query=Walt+Disney%3A+motivation+of+employees%2C+rewards&page=1&offset=0&result_url=redir%3Fsrc%3Dwebsearch%26requestId%3D25e612e3c9279ea3%26clickedItemRank%3D6%26userQuery%3DWalt%2BDisney%253A%2Bmotivation%2Bof%2Bemployees%252C%2Brewards%26clickedItemURN%3Dhttp%253A%252F%252F www.qualitydigest.com%252Faug%252Fnelson.html%26invocationType%3D-%26fromPage%3DHPResults%26amp%3BampTest%3D1&remove_url=http%3A%2F%2F www.qualitydigest.com%2Faug%2Fnelson.html.
Cultural Assessment of the Walt Disney Corporation" Online available at http://www.coursework.info/i/73377.html#.
Walt Disney
Works Cited
Debbie Patrick (2004) Walt Disney World the Benefits of Recognition "Recognition News," Vol 2, Issue 2.
Nelson, Bob (2004) Secrets of Successful Employee Recognition Online available at http://search.hp.netscape.com/hp/boomframe.jsp?query=Walt+Disney%3A+motivation+of+employees%2C+rewards&page=1&offset=0&result_url=redir%3Fsrc%3Dwebsearch%26requestId%3D25e612e3c9279ea3%26clickedItemRank%3D6%26userQuery%3DWalt%2BDisney%253A%2Bmotivation%2Bof%2Bemployees%252C%2Brewards%26clickedItemURN%3Dhttp%253A%252F%252F www.qualitydigest.com%252Faug%252Fnelson.html%26invocationType%3D-%26fromPage%3DHPResults%26amp%3BampTest%3D1&remove_url=http%3A%2F%2F www.qualitydigest.com%2Faug%2Fnelson.html.
Cultural Assessment of the Walt Disney Corporation" Online available at http://www.coursework.info/i/73377.html#.
Walt Disney
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One of the most important matters for Disney Corporation is something that is not materially valuable. Its reputation is the one thing that most tend to disregard when considering its fortune, as people would rather think about the money it generates and its possessions. However, the people at Disney's know that shareholders are expecting their investment to benefit them, given the company's tradition. In order to refrain from disappointing its
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It makes deals with fast-food companies for using its characters for promotions which also serve to promote Disney productions. The company has some synergy with its television network as an outlet for Disney made-for-TV films and some television shows, though in-house productions are not as prevalent on the network as they might be. The company has the money it needs to make changes and to continue to produce films, television
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Disney Analysis The Walt Disney Company founded in 1922 started out with 2 employees from an animation studio. It has become a leader in family entertainment. The company has around 58000 employees worldwide and 189000 shareholders. It has become a media conglomerate with Motion Picture and Video Production (Walt Disney Picture, Touch Stone Pictures), Television Broadcasting Network (ABC), Cable Networks (ESPN, ESPN2), Amusement Parks (Disney World), Resorts (Disney World), Professional Sports
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For example, both jobs could have employee of the month programs with special perks, like free lunches, special parking spots, longer break periods and other small luxuries that allow the employee to valued and valuable. Moreover, once the individuals in these positions have at least three years of time with the company, they'll become eligible for more enticing intrinsic benefits, such as decision-making power and the ability to choose
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Walt Disney Company's objective is to be one of the world's leading producers and providers of entertainment and information, using its portfolio of brands to differentiate its content, services and consumer products. The Company's primary financial goals are to maximize earnings and cash flow, and to allocate capital profitably toward growth initiatives that will drive long-term shareholder value. (http://disney.go.com/corporate/investors/index.html *Organizational structure Diseny has a tall (or vertical) organizational level with 13 hierarchical
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Key political factors that led to Eisner’s downfall
Michael Eisner’s reign as the CEO and Chairman of Disney can to an end on March 3rd, 2004, after 43% of the company’s shareholders withheld their endorsement and failed to endorse his position on the Board. He stayed as the CEO of the company for one more year then left (Forbes & Watson, 2010). However, the downfall of Eisner has been precipitated