Regardless, through constant clear communication and innovative imagination, solutions present themselves as if from magic. One such issue is that competitors have found the Disney formula and are taking a swing at the king. Disney must maintain its advantage by critically observing its day to day activities, as well as, the external forces that may affect the future of the company. By using a SWOT analysis Disney Parks can assess both the positive and negative aspects of the organization. All in an effort to develop solutions and ideas to maintain its spot at the top in the theme park industry.
The Parks and Resorts segment owns and operates … well, you know. It also includes Disney Vacation Club, Disney Cruise Line and ESPN Zone facilities. The Studio Entertainment makes movies, music and live stage plays. The Consumer Products segment licenses Disney characters, and visual and literary properties to manufacturers, retailers, show promoters and publishers; and publishes books and magazines. The key driving factor regarding Disney is the economy.
Strategy Disney operates in the diversified mass media industry. It is the largest media conglomerate in the world in terms of revenue. Disney breaks up their business segments into five categories: media networks, parks and resorts, studio entertainment, consumer products, and interactive media. Disney’s specific lines of business are animation, live-action film production, television and travel along with theater, radio, music, publishing and online media. Disney is best known for the films produced by Walt Disney Studios.
Accurately applied, this simple assumption has powerful implications for the design of a successful strategy.” Walt Disney Walt Disney is one of the world's leading producers and providers of entertainment and information. It owns media networks as well as parks and resorts. The company also makes movies and markets consumer products. Walt Disney operates in North America, Europe, Asia Pacific and Latin America. It has strong portfolio of brands in entertainment business.
They have expanded its markets to include more “adult” segments (ABC, ESPN, Hulu, Miramax Film) in addition to their “children’s” brands (Disneyland, Disney Store). Mission Statement Disney’s mission statement is as follows: “The mission of The Walt Disney Company is to be one of the world's leading producers and providers of entertainment and information. Using our portfolio of brands to differentiate our content, services and consumer products, we seek to develop the most creative, innovative and profitable entertainment experiences and related products in the world." Since Disney already is one of the world’s leading producers and providers of entertainment and information with revenues in 2012 of $42.3 billion, they could update their mission statement to say that they strive to be the leader of entertainment and information. They also seem to discuss more about the entertainment side of the business so the information side should be discussed in the statement more as well.
Disney produces motion pictures, mostly of the animated variety, but they also made many television programs. In Florida, Disney, through its subsidiary, built many resorts and home communities. Along with these communities, Disney also developed commercial and industrial properties such as shopping centers to supplement the entire Disney experience. With all these revenues, Disney
2 MARKETING SPOTLIGHT- DISNEY 1. What have been the key success factors for Disney? Targeting consumers Segmenting market based on age group Understanding the requirements for each age group Producing movies and providing toys and clothes line for those movie characters Providing an overall entertainment theme park where an entire family can spend time and have fun 2. Where is Disney vulnerable? What should it watch out for?
SWOT Analysis Kodak’s strength and Competitive Capabilities Forças da Kodak e Capacidades Competitivas Kodak’s strengths can take several forms as follows: Valuable intangible assets: Kodak’s strengths were its brand equity and distribution presence. After almost a century of global leadership in the photographic industry, Kodak possessed brand recognition and worldwide distribution. Kodak could bring new products to consumers’ attention and to support these products with one of the world’s best known and most widely respected brand names as a huge advantage in the market where technological change created uncertainty for consumers. Kodak’s brand reputation was supported by its massive worldwide distribution presence - primarily through retail photography stores, film processors, and professional photographers. Competitive Capabilities: Prior to 1990s Kodak had invested huge in R&D. Moreover, its century of innovation and development of photographic images gave Kodak tremendous depth of understanding of recording and processing images.
Strategic Initiatives - Disney Walt Disney is known for innovative ideas and excellence in the entertainment industry. Planning long-term success that Disney has endured takes creativity and drive to be the best. Disney's determination and planning for success is evident in their strategic and financial planning. From their exponential growth from the 1920s to the massive organization they are today it is obvious that they focus time and resources into planning and risk taking. For even though planning is a priority with every new adventure there is risk.
Walt Disney SWOT Analysis One of the best ways to performs the company’s current situation is performing its SWOT analysis, which bring us a better understand of the internal and external environments, and also help us analyze the potential opportunities and risks regarding the products and services that the company offer and provide. SWOT ANALYSIS Strengths: Is undeniable that Disney is a strong brand, it can be recognized in most parts of the globe, and also can be linked with high quality products and services, family, vacations, happiness, fantasy, Mickey Mouse, etc. Disney built its powerful brand over the years, what is an attractive to other companies from various segments interested in borrow its magic. Disney has to carefully choose which companies will be associated with its name without losing its identity. This is a potential way to increase revenues to the company.