Thanks for your post, Josh. You know, it is rather astounding what 41 years of perspective does. You'd THINK it would highlight the fact that Walt Disney was, above all, a consummate businessman who proved that the right risks net the right rewards ... and those rewards are far greater than anyone ever imagined. Instead, those years seem to have turned Walt into some kindly old man who just got lucky. Today, we neglect to teach MBA students the "Walt Way," perhaps because it's so damned difficult and impossible to calculate -- it DID require luck, but also immense skill and business acumen. To be able to turn on a dime, to change his entire company's direction over and over (from Mickey to animated features, from features to live action, from live action to TV, from TV to theme parks, from theme parks to ... who knows where it would have gone?!) took more skill than all of today's management at Disney collectively has. It required a vision. That's something in short supply these days.
Josh
· 1 year ago
Epcot82, Thanks for the comment. You are very articulate with the core issue here.
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Thanks for the comment. You are very articulate with the core issue here.