Euro Disney
Euro Disney
I found two mission statements for this company one is “to make people happy” and the other one is “we create happiness by providing the finest in entertainment to people of all ages, everywhere” (Strauss, h. n.d.). Each and every employee from maid to the president knows the mission statement. All employees are motivated to create happiness for their guest, and they do everyday. From what I have read and heard, Disney lives up to both of these statements. Euro Disney S.C.A utilizes global work teams to develop solutions on many different company problems. Global teams are a group of top managers from the headquarters and from the international subsidiaries that come together to discuss and solve different company problems. (Wild, Wild, Han, 2006) Four primary contributors are in the company’s legal and governance structure. These contributors include the “General Partner”, the shareholders, the management company (also known as the Gérant) and lastly the supervisory board. (http://sec.edgar-online.com/2005/01/14/0001104659-05-001458/Section16.asp, 2005)
Given the fact that the Euro Disney S.C.A is the holding company of the Euro Disney Group, the Executive Committee characterizes and executes the overall Group plan. (http://corporate.disneylandparis.com/about-our-company/management-team/index.xhtml, n.d.) Therefore, the role of the Management Company is to put the company’s best interests first. This is an international management team that has the pleasure of having Karl L. Holz as the Chairman and Chief Executive Officer of Euro Disney S.A.S along with 11 other solid knowledgeable team members. Among the Supervisory Board are nine contributing members. These members are there to help maintain and “monitor the management of the company in the best interests of the shareholders and to oversee the quality of the information communicated to them.”
I found two mission statements for this company one is “to make people happy” and the other one is “we create happiness by providing the finest in entertainment to people of all ages, everywhere” (Strauss, h. n.d.). Each and every employee from maid to the president knows the mission statement. All employees are motivated to create happiness for their guest, and they do everyday. From what I have read and heard, Disney lives up to both of these statements. Euro Disney S.C.A utilizes global work teams to develop solutions on many different company problems. Global teams are a group of top managers from the headquarters and from the international subsidiaries that come together to discuss and solve different company problems. (Wild, Wild, Han, 2006) Four primary contributors are in the company’s legal and governance structure. These contributors include the “General Partner”, the shareholders, the management company (also known as the Gérant) and lastly the supervisory board. (http://sec.edgar-online.com/2005/01/14/0001104659-05-001458/Section16.asp, 2005)
Given the fact that the Euro Disney S.C.A is the holding company of the Euro Disney Group, the Executive Committee characterizes and executes the overall Group plan. (http://corporate.disneylandparis.com/about-our-company/management-team/index.xhtml, n.d.) Therefore, the role of the Management Company is to put the company’s best interests first. This is an international management team that has the pleasure of having Karl L. Holz as the Chairman and Chief Executive Officer of Euro Disney S.A.S along with 11 other solid knowledgeable team members. Among the Supervisory Board are nine contributing members. These members are there to help maintain and “monitor the management of the company in the best interests of the shareholders and to oversee the quality of the information communicated to them.”
References: About Our Company. (2008). Disneyland Resort Paris. Retrieved April 23, 2008, from http://corporate.disneylandparis.com/about-our-company/management-team/index.xhtml Ahluwalia, P. (2001, January 26). Case Study - Euro Disney: It’s Limited Success. Retrieved April 24, 2008, from Case Study of Euro Disney Retrieved on April 22, 2008 from Retrieved April 24, 2008, from http://corporate.disney.go.com/corporate/overview.html Euro Disney info 2008 retrieved 4/25/2008 from: http://www.disneylandparis.com/ In-Depth Integrative Case 1 (Euro Disney) Retrieved on April 22, 2008 from http://highered.mcgraw-hill.com/sites/dl/free/0072961082/251396/eurodisney.pdf No author, (n.d). Case study of euro Disney (MGMT322). Retrieved on April 25, 2008 from Euro Disney website: http://stu.cfc.edu/wecapps/disney.htm Strauss, H. (n.d). Why your users prefer Disney world to it. Retrieved on April 25, 2008 from http://www.edutech- Norris, F. (2004, July 1). Euro Disney deal costly for its U.S. Parent. International Herald Tribune