Please see the attached file.
What strategies would allow Disney to improve upon its major weaknesses? How do you impact it? Why?
IFE Matrix for Walt Disney
Weaknesses Weight Rating Weighted Score
Continuous need for successful creative material 0.15 1 0.15
Increasing cost of operation 0.05 1 0.05
Lack of developmental property 0.02 2 0.04
Lagging consumer products revenue 0.04 1 0.04
Management inefficiency caused by diverse product portfolio 0.02 2 0.04
Studio Entertainment Return on Investment 0.03 2 0.06
No Written Vision or Mission Statement 0.05 2 0.1
Total 0.36 0.48
What strategies would allow Disney to improve upon its major weaknesses? How do you impact it? Why?© BrainMass Inc. brainmass.com October 17, 2018, 10:21 am ad1c9bdddf
The Internal Factor Evaluation (IFE) matrix is a strategic management tool for evaluating internal strengths and weaknesses of an organization (LaPan & Franks, 2005). The IFE matrix of Walt Disney represents that the company's main weaknesses are lack of creative material, higher cost of operations and lagging customer products revenue. Walt Disney is a leading international family entertainment and media enterprise, which segments its business in studio entertainment, parks and resorts, customer products, media networks and interactive media (Disney, 2012). The company does not have a written vision and mission statement that affects management efficiency. Due to this, people are unable to understand their role and responsibilities due to lack of direction and that may affect organizational efficiency.
The company must write its vision and mission statement on the basis of corporate philosophy, public image and through concerning the stakeholders. A written mission and vision by Walt Disney will explain short-term and long-term goals that will provide future direction to management. It can improve the management efficiency through defining its role and responsibility ...
Strategic management for Walt Disney is discussed. The strategies which would allow Disney to improve upon its major weaknesses are provided.
Using Walt Disney Company, analyze goals presented for effectiveness
Select an organization that you have worked for or one that you are familiar with and find the goals the organization has set. Many times this information can be found on the company's website.
Search the Library and the Internet and research goal setting. Compare the information you found with the information in the text. On your original posting, answer the following questions with supporting references.
1. Provide a brief overview of the organization and list the goals of that organization.
2. Describe how these goals meet the characteristics of effective goals that you learned about from your research and the text.
3. Select at least two of the goals and suggest how the organization would go about planning to achieve those goals. Worked for cooperation Goodyear Tire & Rubber Company if you need example. Avon also
Remember to use the Library or other Web resources to support your argument. Be sure to cite your sources using the correct standard of APA.
Your work MUST include a reference list.View Full Posting Details