This disproves your own point regarding what the public supposedly cares about. Look at the dates.
Data analysis isn't typically the strong point of those pushing a certain agenda.This disproves your own point regarding what the public supposedly cares about. Look at the dates.
Did you see the earlier graph? This reflects a sustained drop in reputation beginning in 2017, correlating with similar polls. Point being, this trajectory was set in place over the last few years of Bob I’d reign, and continued under Bob C.Sharp downturn in 2017?
They were ranked the 7th best company on the list in 2017, improved to 5th in 2018, 5th again in 2019, then fell to 23rd in 2020, 37th in 2021, and 65th this year.
The downturn started in 2020 after foot in his mouth Chapek took over, there’s a lot of valid complaints about Iger but the one thing he was a master at was public relations, something Disney desperately needs right now after 2 years of bad press.
Did you see the earlier graph? This reflects a sustained drop in reputation beginning in 2017, correlating with similar polls. Point being, this trajectory was set in place over the last few years of Bob I’d reign, andcontinuedaccelerated under Bob C.
Isn't she the lady (and I use the term very loosely) that said "We're cutting down portion sizes. These people could stand to lose a few pounds?"
Further, McCarthy's comments, specifically with regard to inflation, displayed exactly the type of balance you would expect from a senior leader of a service company. Immediately after the waist-line comment she said this:
I was talking to our parks senior team about things we could do there.And there are lots of things that are worth talking about. We can adjust suppliers. We cansubstitute products. We can cut portion size, which is probably good for some people's waistlines. We can look at pricing where necessary.But we aren't going to go just straight across and increase prices. We're really going to try to getthe algorithm right to cut where we can and not necessarily do things the same way
Saying that the decision between raising prices or cutting portion sizes isn't automatic and would require calculation was 100% the right answer for both the investor perspective and the customer perspective. Whether she planned for questions over inflation specifically at parks, or came up with that on the fly, shows that she knows her stuff and is working hard to protect the company. That's the trait of a good executive.
And furthermore, when she said "some people's waist," she obviously didn't mean yours or anyone's waist who posts on this forum. It was just about some other people's waist. So, I don't know how anyone here could be offended!!
I might be crazy (I am)…but based on what was going on the newscycle everyday for the last five years it almost disproves the contention of why Disneys popularity has fallen in consumer trackingThis disproves your own point regarding what the public supposedly cares about. Look at the dates.
Where have I seen a graph in free fall like that before?
Strategy is working out great!Where have I seen a graph in free fall like that before?
Where?
Where?
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Oh yeah there!
Your point is valid…your causation is incorrect.Strategy is working out great!
General public loves it!
Investors love it!
Core animated moviegoing audience loves it!
Latest Disney animated tentpole will lose $150M++ and make less than half of "Paw Patrol: The Movie" in global box office!
Keep it up! Nothing to see here! Happy talk only here inside the bubble!
That’s a $60 stock summer 2023 right there…Where have I seen a graph in free fall like that before?
Where?
Where?
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Oh yeah there!
The Iger rally was short-lived, and it’s performed 2x as worse as the DJIA over the last month (and before you blame the woes on streamers, Netflix is up 2% over the same time period)That’s a $60 stock summer 2023 right there…
Remember the clowns in the threads last year that said it was a “BUY, BUY, BUY!!!” at $160?
Unfortunately it’s like this in a lot of the corporate world. It’s all about stock price and shareholder value rather than experience, best product, or employeesThe change imo started back when the board decided to focus on Wall Street numbers instead of being the leader in guest experience. I seem to recall Martin mentioning this shift in policy occurring about the time Bob#1 showed up in a post way back when I first discovered this message board, possibly in one of wdw74’s ranting posts?? (Martin, forgive me if I’m wrong here). Numbers like NPS and these graphs we see from the Wall Street journal take time for public opinion to show up- similar to trying to turn the Titanic, Disney will need to adjust policy if they hope to recover. Possibly Bob#1 won’t be a slave to the Wall Street numbers and invest in park build out (not replace)? My personal opinion is that’s the only way to avoid the iceberg- I don’t think he has the guts to stand up to the stock holders and spend money in those areas… they are leaking in too many spots to commit more money somewhere else…
Oh yea- I know… just makes me sad to watch this “train wreck” in slow motion…Unfortunately it’s like this in a lot of the corporate world. It’s all about stock price and shareholder value rather than experience, best product, or employees
Stop posting the reality of the situation, most posters here refuse to accept it.More from the 2022 Axios/Harris brand poll:
"The Walt Disney Company was previously only beat by five total corporations for the most positively perceived company out there in many of their categories. Out of 100 of the biggest global corporations, they were #37 overall last year and in the top ten three years ago.
Now, one year later, they’re #65 (out of 100) and dropping. Worse for Disney, the metrics which are causing them to drop are also some of the most important for their goal as a familiy-friendly source of entertainment. Trust, ethics, citizenship and culture are the statistics which polled citizens selected as the least positive qualities of The Walt Disney Company.
If you want to know how bad this is getting, Disney is currently just above Electronic Arts.
....That’s a drop from #5 in 2019 to #37 in 2021 to #65 in 2022..." 6/2/22 That Park Place article
So apparently the brand is not being impacted by the price of a churro or frustration with the Genie+ app.
The Walt Disney Company is being perceived poorly on trust, ethics, citizenship and culture. Yup.
And plummeting from #5 to #65 in a three year period.
Destroying a family entertainment brand that took a century to build in a blink of an eye.
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