Employment at the company is in strict accordance with the International Labor Standards (ILS) and the company has set up a group of senior executives to implement this program. The group oversees the direction and the assessment of educational and monitoring efforts by the company team. The company is well aware that “effective education and training” of the employees is important and accordingly lays emphasis on “communication and cooperation” through meetings and training sessions. The company has hosted “thousands of training sessions around the world” in groups, large and small and even one a one-to-one basis to ensure that the training and development of employees occurs efficiently and effectively.
There is no mention of an explicit mentoring program by the company to its employees, with regard to training and development. An explicit mentoring program enables employees to gain new skills and knowledge and acquire valuable insight regarding the different planning and procedures of the company. It also enables employees to learn through role models so that they can enhance their performances and thereby be additionally productive for the company.
Through explicit mentoring programs, employees are also able to increase the status and reputation of their company and are motivated to succeed in their respective fields. These programs enable companies to learn corporate values and gain cultural knowledge, which have become important aspects of global businesses today. Explicit mentoring programs also enhance the communication skills of the employees of an organization which is an important criterion for success.
The company does have a management succession policy and the Board of Directors are responsible for the “planning for succession with respect to the position of Chief Executive Officer and monitoring management’s succession planning for other key executives”. The function of management succession is directed by the Chief Executive Officer who is responsible for the “timely and efficient transfer” of potential managers’ succession arrangements.
A career at Disney does seem exciting to me since they have a wide ranging variety of professionals required for the efficient running of their global business. The company has a good market reputation and is open to recruiting talented individuals who have a drive for creativity and innovation. The company was initiated in the year 1923 and has become a diversified entertainment and media business. The company has an impressive revenue of more than 27 million USD and is supported by approximately 117000 employees.