This can be seen from the following. Pixar not only developed new movies but also sequels of original ones. Executives also chained their minds of alternative production channels: direct to dvd was accepted as a part of Disney-Pixar portfolio. The experience of Bob Iger in the field of merger helped the two companies greatly.
The companies not only followed normal tactics for successful mergers but also came with some different ones. Bob Iger ensured that Pixar employees get mixed in the new environment. He gave Pixar employees new responsibilities and tasks to increase the efficiency of Disney. Finally the transformational leadership at Pixar was brought to Disney.
Their ability to lead and motivate employees in a way that they easily adapt to the dynamic environment was legend and Disney adopted it. She aspires to do an MBA in the field of Finance. Has worked with Ernst and Young in the past and is constantly associated with the Rotary Club. She can be contacted at jainpriyamvada gmail. Stay updated with all the insights. Navigate news, 1 email day. WordPress Shortcode. Next SlideShares. Download Now Download to read offline and view in fullscreen.
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A few thoughts on work life-balance. Is vc still a thing final. The GaryVee Content Model. Mammalian Brain Chemistry Explains Everything. Related Books Free with a 30 day trial from Scribd. And Everyone Else's Lindsey Stanberry. The Behavioral Investor Daniel Crosby. Dan Ariely. Related Audiobooks Free with a 30 day trial from Scribd. The 9. The Intelligent Investor Rev Ed. Benjamin Graham. Harv Eker. In this deal, Bobs knew that acquisition of Pixar can turn Disney around therefore to reduce the fear of oppression he assured that the corporate culture of Pixar will be kept untouched.
We can therefore say that here Disney was having low bargaining power. Certain things in the change management process have to be right for getting benefits from the merger of the corporate culture of two companies. And Disney and Pixar were able to manage this without any glitch:. Iger in this deal was ready to accept the relaxed atmosphere of Pixar.
In most cases, we see the dominant force in mergers but Disney accepted the t-shirt and slacks approach of Pixar as its strength. Disney accepted the old employment agreement of Pixar and its employees were not forced to sign s new employment agreement. A whole ream of promises was made by Disney. After the year executives of Pixar reviewed the list of promises and found that each and every promise was kept. And in return, Disney encouraged Pixar to produce more than one movie in a year.
But the merger of Disney and Pixar was unique in itself, here Disney asked Pixar for how things should be done. Pixar has to focus on the improvement to be made in an animation department and computer-generated animations. Pixar developed movies as well as the sequels of original movies. Of course, the experience of Iger in merging the companies helped a lot.
The revenue generated after the merger speaks for itself, indicating that this is one of the most successful mergers at present. The list below provides the revenue generated by the movies after the merger of the two companies:. The merger of Walt Disney and Pixar is one of the most successful corporate mergers in these years. This acquisition was of benefit for both companies.
For Disney, it was of benefit because of innovative ideas in the animation studio and the technology Pixar had. This merger had given many blockbuster movies till now. The main reason for the success of the merger was the negotiations done by both companies. Students of Lawsikho courses regularly produce writing assignments and work on practical exercises as a part of their coursework and develop themselves in real-life practical skills. LawSikho has created a telegram group for exchanging legal knowledge, referrals, and various opportunities.
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