Robert Iger has taken many important steps in order to develop the revenues of the company in an effective manner. The CEO of the organization had started making different partnerships with organizations like Apple in order to maintain the operations of Walt Disney in the industry. Robert Iger had started his career in the year 1970 and had also faced many issues in the terms of his service in the organization. The Walt Disney has been able to improve the levels of its revenues under the effective leadership of Robert Iger (Thewaltdisneycompany.com., 2018).
Strategic reorganization was announced by the CEO of The Walt Disney Company in the year 2018. The organization had aimed at capitalizing on the changes which had taken place in the media landscape. Future growth is considered to be a major priority of the company within the industry. The strategic priorities which have been developed by the company in order to ensure the levels of future growth include, technological innovation, high-quality content, direct-to-consumer distribution and global expansion (Kane et al., 2015).
The four major strategic pillars are based on the ways by which the organization is able to operate in the industry at present and in the future as well.
The four strategic pillars are important for the future growth of The Walt Disney Company. However, all the four pillars are not highly useful for the growth of the organization in the future. The development of Direct-to-Consumer services by the company will play a key role in the future growth of The Walt Disney Company. On the other hand, the company can also offer high quality content to the customers in order to increase the revenue levels (Lillestol, Timothy & Goodman, 2015).
References
Kane, G. C., Palmer, D., Phillips, A. N., Kiron, D., & Buckley, N. (2015). Strategy, not technology, drives digital transformation. MIT Sloan Management Review and Deloitte University Press, 14, 1-25.
Lillestol, T., Timothy, D. J., & Goodman, R. (2015). Competitive strategies in the US theme park industry: a popular media perspective. International Journal of Culture, Tourism and Hospitality Research, 9(3), 225-240.
Thewaltdisneycompany.com. (2018). The Walt Disney Company Announces Strategic Reorganization – The Walt Disney Company. Retrieved from https://www.thewaltdisneycompany.com/walt-disney-company-announces-strategic-reorganization/
Wasko, J. (2016). The Walt Disney Company. In Global Media Giants (pp. 25-39). Routledge.
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