Walt Disney’s Perspective on Money, Risk, and Business Strategy
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Walt Disney was an exceptional business leaders and integrative thinker. He could have been the poster child for Peter Drucker's Marketing Concept. He saw everything he did to create value through the lens of making other people happy. For Walt, making people happy was the only honest path to profits.
Integrity Requires Perfection in Delivering What Customers Value
Walt Disney understood that to succeed in business all he had to do was to make customers happy. This became the mission of his life, guided his business choices, and was the worst kept "secret" of his serial success.
Guidelines for Business Transformation Under Conditions of Complexity
Business management techniques that grew up under a manufacturing and industrial paradigm in the early to mid 20th Century, and form the backbone of how business continues to be done today, may no longer be appropriate under the current socio-technological revolution. We need to find new ideas and models to help us deal with more complex multi-party strategies.
The First Three Responsibilities of Management
Peter Drucker sets the table for the seriousness that adheres to managerial responsibilities by identifying three “jobs” that are inherent in every management role, and thus are incumbent upon every manager to recognize and seriously embrace. This article takes a look at those three responsibilities.
Delivering Customer Value through Requisite Agility
Requisite agility is the ability of an organization to develop appropriately dynamic capabilities and adapt its behaviours to create and deliver a successful value proposition within each customer’s contextualized situational need.
Use Strategic Enablers to Improve Your Strategic Planning Effectiveness
Foundational strategic enablers are elements of your business that must be in place and to which you must have a certain degree of competency in performing in order to achieve the CSFs you have identified. They are not CSFs. Rather, they are necessary to support your CSFs.
If You Are An Organizational Leader, You Need To Plan
A plan is just a road map or compass to get you from one place to another. It need not be overly complicated, but it needs to be detailed enough to serve its purpose. Anything done long-term requires a plan to guide thinking and outline intentions and boundaries for employees in getting work done and serving the larger business purpose and objectives.
Why Strategic Planning is Both Natural and Necessary for Success
A strategic plan is an essential management process and tool. It significantly contributes to organizing the thinking and actions required to ensure a valued and profitable use of resources sufficient to sustain and enhance the profitability and continued existence of the business or organization.
The Imperative of Business Strategy
Strategy is the roadmap for success. It is an articulated expression of what the organization strives to achieve, and how it will go about doing so.
The Myth of the Memorable Mission Statement
It is a common perspective amongst leaders that an organizational statement of purpose must be short, memorable and motivating like the world’s greatest marketing slogans or brand tag lines. What these executives are never able to validate is why this is better or more important than a more comprehensive statement that explains and communicates the purpose of the business.
How Failure and Entrepreneurial Vision Fuel Success | Part 4: Failure is a Prompt to Check Your Premises
The key to benefitting from failure does not reside in failing. Failing is not a virtuous act.
How Failure and Entrepreneurial Vision Fuel Success | Part 3: Walt Disney’s Method for Converting Failure into Success: Contrast and Extension
Throughout his roughly forty-five-year career, from Kansas City, Missouri, to California and Florida, Walt Disney marched towards a higher vision of possibility and actuality as seen in contrast to the “failed” solutions of business and urban planning conventions. He was an innovator.