For the ladder half of this week I spent my time watching & listening to a bunch of Master Classes. – The screen time is killing me. – Well, really it was one long class. It was Bob Iger’s the former CEO of The Walt Disney Company. I learned a lot not only about the importance of leadership and creativity, but also about Disney and how they went from where they were in 2005 to a huge global company that they thought was never possible.
A couple of the lessons that I took away from the class are listed below –
USE YOUR TIME EFFECTIVELY
FOCUS ON STRATEGY, AND PRIORITIZE
TAKE GIANT SWINGS – “You Need To Take Risks To Be Successful.”
CREATE BRAND VALUE. – “The most important thing in terms of maximizing brand value or managing a brand is, first, to completely understand the essence of the brand.”
- Examples of Brand Value
- Commitment to sustainability and the environment
- Integrity and transparency
- An insistence on simplicity and efficiency
- A casual, fun sense of accessibility
- Interconnectedness
- the feeling of welcoming consumers into a community
- An emphasis on progress, on providing a cutting-edge product
- “Brand is a very, very careful balance between legacy, or heritage, and innovation.”
IGER’S TENETS FOR SUCCESS
- BE AUTHENTIC
- FOSTER CURIOSITY
- OPERATE WITH INTEGRITY
- BE DECISIVE
- BE FAIR AND OWN YOUR MISTAKES
- PRACTICE CANDOR
- PROJECT OPTIMISM
I love these classes so much, throughout the entire class I was mesmerized by both Bob Iger and the Disney story. This class was not only inspiring but extremely helpful for me to see and think about how I want my organization to operate.
I think your takeaways are super interesting and informative. Keep up the awesome work!
I get the sense that you are really intrigued by how company’s are built. More specifically, the “how,what and why” large corporations like Disney achieve great sucess. I definitely also find successful CEOs like Bob Iger inspiring. You know they’ve achieved sucess so therefore you can trust the life skills and lessons they have to offer. If you want some more inspiraition, without a doubt watch Complex’s Blueprint series: https://www.youtube.com/playlist?list=PLNE967m3_UeTeL5ZPk94f_kP8iFBvib6M
It’s really interesting how you are learning from other successful companies and discovering strategies/tips to use for your own company. Don’t forget us when you’re rich and famou$ !