To begin with, his leadership was in a steady decline and he became irritable with employees, causing employee morale to quickly decline. He was not sleeping at night, which pushing him into making poor financial decisions and he became unfocused and did not contribute at meetings (Kober, 2010). This forced his employees to make their own decisions with little guidance and they had to make up for the work he was not finishing. To make up for the money he was losing, he was accused of, and proven guilty of, creating hoaxes to get publicity into his business (Reed, 2016).On top of the financially struggling situation, he was frequently firing his animators. He was sexist and refused to hire women (Kober, 2010). Instead, he hired men that were far less experienced for the job they were expected to do. This produced scenarios where more resources were being used than necessary, and there was still very little guidance from Walt Disney (Kober,2010). Many of his animators eventually went on strike over issues regarding their pay – and many of his staff never got the money they worked for. Most of the time he did not compensate his employees since the company was in a financial turmoil. He wasted most of his money on designing characters and films that weren’t successful due to the lack of planning (Kober, 2010). With his animators on strike, no money was being made from Disney’s animated films and business was at a stand-still, many of the staff members were fed up with his poor leadership and established their own rival company (Kober, 2010).6
Another decline in business adding to the debt was when he produced a film that contained racial stereotypes. It was said that these racial stereotypes were a reflection of his real-life racist attitude (Dowell, 2018). When these films were released, he lost a lot of customers andbusiness continued to slowly decline. To add to this racial situation, he also refused to hire any African-American people until the late 1960s. He continued to lose followers when he was foundattending the American Nazi Party on multiple occasions (Dowell, 2018).Walt Disney’s company continued to deteriorate as he refused to give credit to his employees. He took the majority of the credit for the studio’s earlier films, animations and characters (Dowell, 2018). He won a long list of Oscar nominations and Academy Awards and displeased his fellow creators as he took 100% of the credit most of the time and refused to acknowledge anyone else’s contributions. This pushed his staff to give less effort at work, and produced animations that were not of the best quality since they would not get any recognition (Dowell, 2018).Although successful, Walt Disney demonstrated many failures in leadership, among pushing his company into the $4 million insolvency. He wanted his staff to work for him instead of with him, and he put self-interest first. He rarely showed signs of empathy, integrity or honesty. When failures arose at the parks or his studios, he usually failed to show accountability for his actions. During his lifetime, leadership expectations were different, but he still had times
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