The Walt Disney Company Analysis - 873 Words

â€Å"The Walt Disney Company is a leading diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media.† (The walt disney, n.d.) At year end of 2013, the company had net revenues of $45 billion, up from $42.3 billion the previous year and net income of $6.1 billion, up from $5.7 billion the previous year. (Walt disney co, 2014) Enterprise Risk Management Risk management is a way for firms to grow and create value. Enterprise risk management programs give organizations the tools they need to make quicker decisions with confidence. Steven Hunt, vice president of research at Forrester Research states,†¦show more content†¦(Gusman, 2008) An example of cost savings for Disney was at the Walt Disney World Resort in Florida. After implementing their multifaceted loss control and safety program, the OSHA frequency rate fell 60.3 percent from 2002 to 2007. (Gusman, 2008) During this same time period, the lost-time frequency rate fell nearly in half. (Gusman, 2008) Work related injuries are inevitable, but Disney has programs in place to get employees back to work as soon as possible. They focus on helping employees to stay employed during their recovery process by helping to minimize their time away from work. They believe â€Å"it is not only important to know limitations, but it is also essential to know what the injured worker can do.† (Gusman, 2008) Park Safety Another way Disney manages risk is by implementing safety programs at their parks for customers. Visitors to Disney parks receive safety-themed literature filled with Disney characters. (Bradford, 2005) Parks also have safety trading cards that customers can collect, as well as activity books for children with safety reminders. Disney understands that in order to get their message across they have to be creative. Children will not normally read a safety manual, but they will enjoy an activity book that has safety messages in it. Another safety feature in theirShow MoreRelatedAnalysis of the Walt Disney Company5222 Words   |  21 PagesAnalysis of the Walt Disney Company Tarleton State University – Central Texas October 17, 2005 A Research Report Submitted in Partial Fulfillment of the Requirements for MGMT 5073.301 Responsibilities and Ethics of Leadership Executive Summary Analysis of the Walt Disney Company – Case Outline Situation Analysis Introduction: The Walt Disney Company is on the threshold of a new era. Michael Eisner has stepped down from his position as CEO and turned over the reigns to Robert Iger. A lot of turmoilRead MoreAnalysis Of Walt Disney s The Disney Company1126 Words   |  5 PagesThe Walt Disney Company Walt and Roy Disney founded the Walt Disney Company on October 16 of 1923, as the Disney Brothers Cartoon Studio. 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It does not count about profit but working capital, which is important to ability of paying its short-term debt of the business. Current Ratio analysis Current Ratio is used by business to compare its current liability with current assets. Preferable current ratio is advised to