Sunday, May 6, 2012

Is Disney handling of Rick Ross departure
What is wrong with corporate USA?
Avengers breaks all records
Risk takers disappearing from Corporate USA

This is an speculation editorial. I'm not in the know. I'm pretty sure former Disney movie chairman Rich Ross was pushed on April 20, not a voluntary quit. This blog is my opinion, few, if any facts.

Rick Ross lost $200-million dollars on the movie "John Carter." Ross took a risk - something not popular in corporate USA today - why we are being beaten by companies in China, India and why Japan took market share in electronics, auto and other fields in the 1980s. Ross is no longer in his plush position due to that risk.

Corporate USA forgot what risk is - like the first Apple computer. Who knew if there was a market for a home computer? Today, most valuable company in the world. Apple took a risk. IBM didn't. Where do they rank today?

This past 10 days, Avengers broke every record for income in its worldwide release - Star Wars, Harry Potter all bowed to the Avengers movie. Avengers brought in two-thirds of a billion dollars in its first 10 days.

This was a movie Ross was involved in. How involved, hopefully others will comment. I don't know.

So if I were the president of a company and you said, "Let me blow $200-million on one film and I'll bring you three times that on another." I'd say, "Go for it." That is three-to-one return on my loss.

Yet for most of corporate USA, they aren't willing to take that risk. Hiring the safe, fresh out of college intern and grooming them is a lot better than finding a fanatic who loves your company and will risk your company's money and reputation to make you more money and a better reputation. Corporate USA doesn't hire those individuals. You could ask Steve Jobs, but he isn't with us any more. The fanatic individuals are disappearing from USA business.

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