The Magic Kingdom

Carl Remick cremick at rlmnet.com
Mon Aug 16 12:52:46 PDT 1999


I'm not a big fan of Disney as a corporation, as earlier e-mails have indicated, but I certainly have sympathy for those ensnared in its employ. There was an article in today's Wall Street Journal about Disney's cutback in capital spending that gives some insight into what it must be like to work at the Fun Factory -- an environment insiders once dubbed "Mouseschwitz." States the WSJ: "[Disney Chairman Michael Eisner says that his recent reorganizations] ... and some attrition, have swept out a number of 'drifting-along kind of executives who are at the midlife-crisis level.' He has instead elevated a fiercer breed of executive who 'remains in the (game of) musical chairs and finds a seat. That's the person that I think is important to the company.'"

"Musical chairs" management -- how jolly. Quick, run to the office and see if you have a job! Can't imagine an environment better suited to concocting wholesome family entertainment.

Carl



More information about the lbo-talk mailing list