Disney - Succession Problems in the Magic Kingdom?
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Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Case Details: |
Price: |
| Case Code |
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HROB079 |
For delivery in electronic format: Rs. 400;
For delivery through courier (within India): Rs. 400 + Rs. 25 for Shipping & Handling Charges
Themes--- |
| Case Length |
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19 Pages |
| Period |
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1984-2005 |
| Pub. Date |
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2006 |
| Teaching Note |
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Not Available |
| Organization |
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The Walt Disney Company |
| Industry |
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Media and Entertainment |
| Countries |
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USA |
Abstract:
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This case highlights the succession problems in the Walt Disney Company
(WDC). Eisner, the Chairman and CEO of WDC, was credited with having
transformed Disney from a movie studio and theme park operator into a
huge media conglomerate.
However many shareholders criticized Eisner for
being responsible for the controversial exits of his deputies like
Katzenberg and Ovitz, which involved huge multi million dollar
settlements. Added to this since 2003, Eisner had fallen out with Roy E
Disney. Eisner was criticized for poor governance, improper handling of WDCs business, and the failure to identify an able successor.
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After
Eisner was voted out as chairman in March 2004, the WDC board tried to
find a successor. However after many months of scouting and intense
media speculation about Eisner's successor, the WDC board ended up
selecting Iger, Eisner's deputy to take over the reins from Eisner from
October 1, 2005.
Issues:
» Importance of succession planning in large organizations
» Impact of issues like corporate culture, leadership, and shareholder
management with regard to succession planning
Contents:
Keywords:
Succession planning, Walt Disney, Michael Eisner, Pixar Animation
Studios, Steve Jobs, Human resource management, USA, Robert Iger, Roy
Disney, Shareholder revolt, Comcast, Jeffrey Katzenberg, Michael Ovitz,
Severance pay
Disney - Succession Problems in the Magic Kingdom?
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