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03-15-2004, 02:45 PM
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#1 of 13 
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Member
Join Date: Jan 1999
Local Time: 09:30 PM
Local Date: 10-11-2008
Posts: 1,447
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I'm the "Letter of the Week" on Roy Disney's Save Disney.com website!
Savedisney.com has printed my letter to them as the "Letter of the Week". I'm so proud! 
Save Disney
Quote:
To: SaveDisney.com Editor
Subject: Quotes from Michael Eisner
Due to the Eisner stock vote, I decided to read his book, Work In Progress. Don't ask me why, I just did.
On page 136, there is an interesting quote from Eisner. He is talking to Sid Bass, Richard Rainwater and Al Checchi, whom he is petitioning to become Chairman of Disney.
"Companies like Disney are always founded by creative entrepreneurs, but eventually the founder dies or gets pushed out, or moves on to something else. Inevitably the businesspeople take over - the managers - and they focus on preserving the vision that made the company great in the first place. They don't have any creative ideas themselves and they end up surrounding themselves instead with analysts and accountants to try to control the creative people and cut costs. In the process, they discourage change and new initiatives and reinvention. In time, the company begins to ossify and atrophy and die. It's important to have financial parameters and never to bet the house, whish is how we always protected Paramount. But in a creative business you also have to be willing to take chances and even to fail sometimes, because otherwise nothing innovative is ever going to happen. If you're only comfortable running a business by the numbers, I can understand that. But then you shouldn't get involved with a creatively driven company like Disney."
Seems that Mr. Eisner has forgotten his own words, as he seeks to run Disney by the numbers, rather than taking risks on creativity.
Just thought you might enjoy that quote.
Randy Tennison
Kansas City
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Randy Tennison
Orlando, FL
šoš Home of The Mouse!!!
"Oh, come on, guys. It's so simple, maybe you need a refresher course. It's all ball bearings nowadays!"
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03-15-2004, 03:09 PM
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#2 of 13
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Member
Join Date: Jul 1997
Local Time: 08:30 PM
Local Date: 10-11-2008
Posts: 20,941
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Great quote Randy  Very appropriate
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03-15-2004, 04:09 PM
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#3 of 13
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Member
Join Date: Feb 2002
Local Time: 07:30 PM
Local Date: 10-11-2008
Posts: 277
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Well spotted Randy. When Eisner and Wells first arrived on the Disney scene, many good things happened to the company. Over time, and with the loss of Wells, the quest turned to corporate greed. That strategy works for Wal-Mart, but not for Walt Disney.
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03-15-2004, 05:43 PM
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#4 of 13
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Member
Join Date: Apr 2003
Local Time: 08:30 PM
Local Date: 10-11-2008
Posts: 9,106
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That really is an interesting quote, and ol' Mikey has obviously forgotten his own words. Nice job Randy!
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03-15-2004, 06:57 PM
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#5 of 13
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Ricardo C
Member
Location: Venezuela
Join Date: Feb 2002
Local Time: 09:30 PM
Local Date: 10-11-2008
Posts: 5,142
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We have a saying here... "By the mouth dies the fish", meaning it's our own words that often do us in.
I'm just sayin'
Man, an hour wasted on this sig! Thanks, Toshiba! :p
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03-15-2004, 11:43 PM
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#6 of 13
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Member
Location: Northern VA
Join Date: Mar 2000
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Local Date: 10-11-2008
Posts: 4,826
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Nice letter Randy. For those looking to get an update.. Eisener was voted out, so now what? Will we stop seeing these cheap sequels to big budget Disney flicks? Will Roy Disney get back with the company? Haven't read anything recent after the stockholders' meeting.
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03-16-2004, 07:45 AM
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#8 of 13
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Member
Join Date: Jan 1999
Local Time: 09:30 PM
Local Date: 10-11-2008
Posts: 3,862
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Quote:
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The Michale Eisner backlash is the result of ABC becoming the joke of the networks, the flailing grip on the theme parks, and the inability to strike a deal with Pixar. He's also recieved some emnity over the inability to set up a clear line of succession, which ironically kept him from being kicked out for so long in the first place.
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Well, that, and the unrelenting feeling that $5 of every ticket at WDW somehow ends up directly in his pocket, due to some back-office stock option deal.
I love to singa, about the moon-a, and the june-a, and the springa...
-Owl Jolson
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03-16-2004, 09:29 AM
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#9 of 13
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Member
Join Date: Feb 2002
Local Time: 09:30 PM
Local Date: 10-11-2008
Posts: 9,651
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Quote:
| Eisener was voted out, so now what? |
Eisner wasn't voted out. There was no one running against him. A large percentage of stockholders (but not a majority) simply withheld their support by not rubber-stamping his re-election.
Hasn't changed anything as far as I can see, and probably won't for the foreseeable future until the Board of Directors rejoins the real world.
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