Patricia Melton
Well-Known Member
I respect your view. Please understand that I'm a businessman and know what is required to keep a company profitable. I also know how to read an annual report, listen to customer feedback, and observe trends within an organization well enough to recognize what is happening within the upper echelons at WDW. Rather than investing and innovating in order to attract new theme park business (something that Disney was once the undisputed world leader in) Disney corporate leadership is following an old, tired model tried by many once-great corporations; raise prices while providing a product of ever declining standards. Focus on quarterly statements rather than on the long-term health of the company.
What's happening today at Disney echoes the American automotive industry. If Disney's senior leadership continues to set direction based on a balance sheet rather than provide real leadership that looks towards the future, they eventually will become the GM of the future.
Therefore, yes, as a businessman, I think it takes a lot of "gall" (as well as demonstrates poor corporate leadership) to charge more for less.
I think a lot of the problems rest with the MBAs that are being graduated from business schools: I think these guys engage in a lot of group-think and that they're being taught incorrectly. They graduate thinking that the way to make their way up and be successful in companies is by tearing down what was there before they came. They really don't know of anything better to replace it with though. They just want to be the one who made the big changes. Makes them feel like big shots.
That's why I've noticed in the last few decades that the big innovations in the world are coming from small companies, freelancers, and start-ups. Bigger companies sometimes take these ideas and run with them, but I think the MBAs that are pulling the giant salaries at large companies really have no idea what they are doing sometimes.
I think "One Disney" is a good example of that.