Wednesday, May 6, 2020
Corporate Communications - the Case of the Walt Disney...
Corporate Communications The Case of The Walt Disney Company Table of Contents Executive Summary ......................................................................................... 3 Chapter 1 Communications Audit of Disney 1.1 Communications Audit Methodology Execution............................................................ 8 1.2 Conclusion ........................................................................................................................ 19 Chapter 2 Application of Communication Theory to Disney 2.1 Why adopt a Corporate Communication Strategy? ......................................................... 20 2.2 Accountability of Corporate Communications in Disneyâ⬠¦show more contentâ⬠¦We argue that this change can cause potential problems for the company in the future management of its key brand-related assets, interactions with its key stakeholders and overall corporate communication function. The concept of corporate communications has evolved to encompass issues of public relations, human resources, marketing, brand, identity and image to achieve competitive advantage in an increasingly globalised marketplace. The Corporate Communication function involves the interaction of a multitude of stakeholders, both internal and external to the organisation, each with their own power relations and importance to company strategy and attainment of goals. Paul Argenti asserts that ââ¬Å"using a coherent communication strategy is essentialâ⬠to corporate success while Richa rd Dolphin quite correctly observed that ââ¬Å"corporate communications has become a key competitive weaponâ⬠. The Walt Disney Corporation is today categorised as a diversified entertainment company based predominantly in the United States but expanding into a global, multinational organisation. Split into five business sectors, Disney has an expanding portfolio of products, services and brands that has developed beyond the original core competency of childrens animation to increasingly diverse operations that require particularly carefulShow MoreRelatedDisney Case Analysis Essay881 Words à |à 4 PagesDisney Case Write up: Disney from the start has had a competitive advantage to others in the film industry for the plain fact as Walt says, ââ¬Å"Cartoons unlike actors can be perfectly controlled to avoid any negative imagery.â⬠This statement is the key stone to how Disney has so successfully created value. Disney has pursued its corporate level strategy by maintaining the value of the brand, managing creativity, and encouraging synergy throughout the corporation. 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