MSc Management Executive Leadership and Governance Assignment Sample

Introduction

Organisational culture along with corporate governance assists businesses in management of its employees, understanding business environments as well as developing better appropriate cultural characteristics for improvement of operations.

This report has focused on critical evaluation of leadership style, corporate governance of business and analyse risks associated with providing recommendations in business management and responsibilities of board members in mitigation.

Organisational Culture and the Role of Board

Evaluation of leadership style and organisational culture at Disney

Leadership style assists businesses in managing communication and relationships with employees for productivity management. Disney’s leadership style was identified as “Charismatic leadership style” with traits such as optimism, decisiveness, curiosity, fairness, authenticity and thoughtfulness (FORBES, 2022). http://MSc Management Executive Leadership and Governance Assignment Sample

This has positively assisted this organisation in maintaining effective relationships with employees while gaining creative input from leaders. Company’s organisational culture was identified by including storytelling skills for development of greater approaches of employee behaviour management and providing value to products innovated by Disney.

Responsibilities of Board

Board members serve responsibilities to oversee availability of information to directors involving distribution management. Identification of key economic marketing opportunities along with assessment growth opportunities, business plan, and risk management was identified as major responsibilities of board at Disney (THE WALT DISNEY COMPANY, 2022). http://MSc Management Executive Leadership and Governance Assignment SampleThis has actively assisted this organisation in developing operational aim, objectives and mission for operational improvement overall.

Annual Report

Annual report was developed at Disney for management of representation of financial data and other operation related information in this organisation and managing accountability with stakeholders.

Income statement at Disney including potential investment opportunities and operational policies was also represented in annual report for development of better information accessibility to public.

Corporate Governance

Corporate Governance framework for Disney

Corporate governance at an organisation is defined as managing control and defining responsibilities of stakeholders for robust operational management. Disney has developed the belief of “good Board governance is integral to achieving long-term shareholder value” (THE WALT DISNEY COMPANY, 2022).http://MSc Management Executive Leadership and Governance Assignment Sample

This has assisted this business in integration of thoughtful, independent governance policy development assuring best interest for stakeholders for management of positive approaches of business performance management.

Critical analysis of remuneration committee’s role at Disney

Organisational remuneration committee has focused on development of appropriate reward policies, attracting and motivating executives and managing long term interest of stakeholders.

Remuneration committee at Disney has focused on formulating policies for determining qualification criteria, independent of directors, and recommendations on policy making and managing associated stakeholders (THE WALT DISNEY COMPANY, 2022). http://MSc Management Executive Leadership and Governance Assignment SampleFurther, establishment of formal and transparent procedure for creating organisational policy and organisational structure has further increased responsibility management for remuneration committee’s role at Disney.

Regulatory Landscape and Management of Risk

Board’s responsibility for risk management

Overseeing of organisational operations along with management of best interest for businesses can be maintained through board of director committee. Responsibility of board members in risk management of businesses was to identify risk influencing factors to organisation and its performance in Disney (THE WALT DISNEY COMPANY, 2022). http://MSc Management Executive Leadership and Governance Assignment Sample

This would include decreasing challenges associated with conflict of interest for management of positive relationships with directors. Additionally, reviewing of transactions, relevance of policies and material interest controlling activities are also considered as board’s responsibilities for risk management at Disney.

Regulatory landscape for Disney and its Success

Disney committee membership assisting in taking account of benefits such as independence, accountability, and transparency as per the regulations has assisted Disney in maintaining target size of committee.

Independence management among Nominating Committees and Audit, Compensation, Governance personnel has assisted in maintaining high standards of operational practices and respect operational activities for organisational benefits (THE WALT DISNEY COMPANY, 2022).http://MSc Management Executive Leadership and Governance Assignment Sample Additionally, regulation framework development, management of organisational obligations and governmental guidelines management has also assisted in increasing opportunities for operation of Disney and its success management.

Analysis of risks faced by Disney

Digitalised business management opportunities with recent hit by COVID-19 have severely affected Disney in profitable business management opportunities. Disney has faced challenges of loss of revenues, increasing competition, lawsuits and brand reputation damage in recent years (NASDAQ, 2022). http://MSc Management Executive Leadership and Governance Assignment Sample

Hackers attacking Playdom forum at Disney have breached user’s data and exposed severe discrepancies in organisational performance management. Furthermore, Disney has experienced lawsuits for “Unfair Visiting Rules” and deceptive business operation rules in 2022.

Lack of innovation management was also identified as a major risk for Diseny while maintaining effective operational practices in recent times. This would face challenges of decreased financial and operational stability while operating in an increasingly volatile market.

Recommendations for managing identified risks

Disney focusing on improvement of security infrastructure in maintaining online business practices would be recommended for developing secure operational practices. In the views of Mercan et al. (2020), incorporation of advanced technological infrastructure, upgrading security policies and expert IT team assists in improvement of better technological infrastructure.

Updating its visiting policies according to needs of customers along with upgrading Dieney’s workstation management opportunities would be necessary for this organisation for operational improvement. In respect to improvement of innovation in Disney and its storytelling operational approaches, establishing a standard recruitment and selection opportunity would be necessary for increasing capability of human resource.

This would be assisting in increasing opportunities for businesses to improve overall performance while mitigating associated challenges in Disney’s operation enhancement.

Role of Board in Risk Management

Board members at Disney were identified to possess responsibilities of supervising organisational risks appetite and assess policies associated with minimisation of risk effects on business.

Board of Directors along with Chief Executive Office would be required to have an affiliate specific risk mitigation plan, direction and instructions for addressing risks associated (THE WALT DISNEY COMPANY, 2022). http://MSc Management Executive Leadership and Governance Assignment SampleSubstantially, incorporation of disposition and acquisition activities has further assisted Disney in management of greater approaches of operational line management at Disney.

Conclusion

From this report, it can be concluded that Disney has effectively assisted to focus on managing independence of board of directors for improvement of overall operational practices.

Maintaining greater approaches of security infrastructure development, better human capital recruitment and information sharing with board of directors would be necessary for maintaining risk free business operation for Disney in future.

References

Forbes.com (2022). Ten Leadership Lessons From Disney’s Bob Iger. Available at: https://www.forbes.com/sites/stephaniedenning/2019/12/28/ten-leadership-lessons-from-disneys-bob-iger/. [Accessed on: 1 November 2022]

Mercan, S., Cain, L., Akkaya, K., Cebe, M., Uluagac, S., Alonso, M. and Cobanoglu, C., (2020). Improving the service industry with hyper-connectivity: IoT in hospitality. International Journal of Contemporary Hospitality Management.

Nasdaq.com (2022). What Do Disney’s Risk Factors Tell Investors? – Nasdaq. Available at: https://www.nasdaq.com/articles/what-do-disneys-risk-factors-tell-investors. [Accessed on: 2 November 2022]

Thewaltdisneycompany.com (2022). COMPENSATION COMMITTEE CHARTER. Available at: https://thewaltdisneycompany.com/app/uploads/Compensation-Committee-Charter.pdf. [Accessed on: 1 November 2022]

Thewaltdisneycompany.com (2022). CORPORATE GOVERNANCE GUIDELINES. Available at: https://thewaltdisneycompany.com/app/uploads/Corporate-Governance-Guidelines.pdf. [Accessed on: 2 November 2022]

Thewaltdisneycompany.com (2022). GOVERNANCE – The Walt Disney Company. Available at: https://thewaltdisneycompany.com/app/uploads/Governance.pdf. [Accessed on: 1 November 2022]