Few CEOs today live on the razor's edge in the way the Disneys did.
During Walt and Roy's time, most profits were funneled back into the company to fuel growth and new ventures. I doubt their salaries were hundreds times what other full-time Disney employees made.
What's the gap in today's world with $50 million and more retirement packages for the likes of Michael Eisner? Do you think he'll ever have to worry about losing his health benefits or pension in retirement?
Today's CEOs are still living in the Gordon Gecko "Wall Street" mode of greed is good. Few have any loyalty to ONE company for a lifetime. They don't think beyond 5 year strategic planning and short-term WEALTH over long-term corporate HEALTH.
And the legacies of today's CEOs are in the charitable foundations and trusts they establish -- not in what they've done as corporate leaders, especially as stewards of a company that doesn't extol their family name.
“Disneyland is a work of love. We didn’t go into Disneyland just with the idea of making money.”
-Walt Disney
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8 comments:
Well stated! Walt & Roy's babies need nurturing
To paraphrase "they don't know nothin' about birthin' no babies".
Its sad that current disney management doesn't seem to understand that concept...
Few CEOs today live on the razor's edge in the way the Disneys did.
During Walt and Roy's time, most profits were funneled back into the company to fuel growth and new ventures. I doubt their salaries were hundreds times what other full-time Disney employees made.
What's the gap in today's world with $50 million and more retirement packages for the likes of Michael Eisner? Do you think he'll ever have to worry about losing his health benefits or pension in retirement?
Today's CEOs are still living in the Gordon Gecko "Wall Street" mode of greed is good. Few have any loyalty to ONE company for a lifetime. They don't think beyond 5 year strategic planning and short-term WEALTH over long-term corporate HEALTH.
And the legacies of today's CEOs are in the charitable foundations and trusts they establish -- not in what they've done as corporate leaders, especially as stewards of a company that doesn't extol their family name.
Oh boy, does THAT strike a chord...
I couldn't think of a better way to put it.
Snap! lol
It's hard out there for a Tiki bird...
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