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Most predictions for the long run destination of the Disney Company are positive ones. The Walt Disney Company’s Fiscal Year Annual Report and Shareholder Letter addressed the danger factors dealing with the media giant (2012, pp. 17-26). One of Disney’s strongest property is its diversification. If the company continues to handle potential threats to the corporate and stays targeted on its mission and imaginative and prescient, which have served the company nicely for over ninety years, then the prospects for the future for the Walt Disney Company appear promising, and the future could also be even more promising for the group.
In 2012, CEO and President Robert Iger identified three explicit methods which were efficient for Disney through the years. He declared that these three strategies have been especially instrumental in the firm’s success over the past seven years. Iger acknowledged that Disney’s three main methods have been to create excessive-quality content material for households, making that content material extra participating and accessible by the progressive use of technology, and rising our manufacturers and businesses in markets all over the world” (Iger, 2012, p. 1).
This is how Amazon has flipped from only a retailer to one of the priceless corporations on the planet. It used its experience in logistics to allow clients to order goods and have them on their doorsteps in two days. As it discovered how to do this, it utilized its laborious-won experience to maneuver into new businesses – for instance, it discovered how you can run huge data centers at scale, and turned that expertise into Amazon Web Services, the market-dominating cloud computing service.
The Disney Company’s plans are to continue with the strategies outlined by CEO Robert Iger and to remain able to adapt to the altering consumer wants and desires (Walt Disney Company Annual Report and Shareholder Letter, 2012). In addition to adapting as needed to meet the needs and needs of consumers, Disney has plans to adapt to satisfy growing client interests in foreign nations. Today, Disney has their worldwide known amusement parks in three totally different continents, stores in United States, United Kingdom, France, Italy, Spain and Portugal.