Walt Disney Seems Set to Repeat Its Biggest Mistake | Clayton News The Street Partner Content

Just having top-tier content, however, does not guarantee success. You need the right leadership in place to guide the entire company. That’s more difficult at a company like Walt Disney (DIS) – Get Free Report, where creativity drives the business, than it would be at a bank or some other traditional operation.

Bob Iger, much like Michael Eisner before him, knows how to nurture creative talents. That’s a special skill that few executives have shown they possess on the level that two of Disney’s last three CEOs clearly do. 

Being CEO of Disney isn’t like running most companies — yet the Walt Disney board seems to love running off successful CEOs who don’t actually want to leave.

That’s what happened to Eisner, and you can argue that that move worked because Iger, in his first tenure in the big chair, arguably exceeded the man he succeeded. When Iger was forced out and succeeded by Bob Chapek, that clearly wasn’t the case.     

Now, Disney looks to repeat its past mistake by holding Iger to an arbitrary two-year tenure even though he’s clearly the best person to be running the company.