A fascinating case study of Walt Disney
User Rating: 0 / 5
- Details
- Hits: 8094
Case Study Enjoyed the Most
A fascinating case study was that of Walt Disney, their differentiation strategy, organization culture and execution of proper strategies. The proprietor of the company most knew that commitment of top management, positive organizational culture and consideration of market segment cross-cultural aspects was the core of its success. The firm embraced proper leadership transition and increasingly expanded in other sectors that it eventually related to the core business through strategic business units, such as the cruise and theme park. Its increased expansion in the market segments and coverage of entertainment and information for proper strategies is a factor that can be borrowed by other organizations.
Case Study Enjoyed the Least
The case of Devils Den was the least enjoyable, and, even though, the fact aided in the study of strategies, it never reflected on proper application strategy. The business has no definite history and even with the external contractor, there is no good management and the employees lack relevant knowledge and training. The control of the den is not well structured and at times students left to run it do not take responsibility. There is lack of ethical and corporate strategies that make institutions run at a loss with uncontrolled conduct of workers who carry goods and food free from the restaurant and its store.
Company/Organization Most like Own
The company that was most like my own was the Mexican grill with its idea of changing how people think about food. The company strategies were admired by McDonalds, which at one time acquired it, later disintegrating to become a public company. The company is developing renowned food chain and provision of quality food with integrity to its clients, excellent customer service and the idea of a new model, serving customers, for instance, is notable.
Most Interesting Strategic Initiative or Failure
The most interesting strategic initiative can be traced in almost five out of the seven businesses reviewed. Costco, Starbucks, Disney, Chipotle presented unusual strategies while Devils Den presented strategic failures. Costco on its side had an unusual approach, as a retailer industry recruiting members under a membership program and sourcing for cheap quality goods. The company has strategies and models that enhance growth and expansion in markets and maintain customers, with the operating excerpts and principles for guideline. Costco has proper structures and leadership committed to growth and success. The membership initiative and discounted sales propel its growth and access wider market, expanding globally with outstanding revenue base and market performance with enough employees to cater for the workforce.
Lesson from Surveying the Spectrum of Companies and Strategies
A lesson on setting strategies and executing them in a manner that would benefit a firm prevailed. Continued innovativeness and choice of products for customers help companies overcome stiff rivalry, improving profit margin and revenue and implementing new beneficial ideas. Differentiation and diversification strategies by companies’ aid in understanding how companies can undertake to succeed in different market segments with same products and services. Achieving globalization and proper execution of plans are the interest of every company that seeks to improve performance.
The Biggest "Takeaway" From the Case Study Assignments
The biggest takeaway is the formulation of company strategies and their proper implementation to achieve the desired result. Corporate ethics, culture and executive support to plan implementation is critical to making successful policy implementation.