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Warner Bros. Entertainment Time Warner Family. Team One October 17, 2012 Vickie Delaney Bethany Hall Jocelyn Harris Ryan Mouch. GLOBAL. REACHES WORLDWIDE MOVIES TV ALL FORMS OF MEDIA TOYS, GAMES TECHNOLOGY. Multiple Mergers and Acquisitions. But did they all work? - PowerPoint PPT Presentation


<p>PowerPoint Presentation</p> <p>Warner Bros. Entertainment Time Warner FamilyTeam One October 17, 2012Vickie DelaneyBethany HallJocelyn HarrisRyan Mouch1Jocelyn HarrisWarner Bros. under the time warner family is viewed as a global leader in the media and entertainment with businesses in television networks; film; TV entertainment; and publishing. What Time Warner Inc. offers is an attraction to a rewarding career opportunity across a multitude of disciplines. Warner Bros, are known as innovators in technology, their products and their services. 1GLOBALREACHES WORLDWIDEMOVIESTVALL FORMS OF MEDIATOYS, GAMESTECHNOLOGY</p> <p>Vickie Delaney2Communication- large organization with offices world wide- fortunately they are leaders in communication!Large network of executives in place to ensure effective communication between world wide offices. Their leadership accepts contributions of individuals from offices around the globe-They works across boundaries of time and distance and cultures (macro and organizational subcultures)How did they become so large?</p> <p>2Multiple Mergers and AcquisitionsBut did they all work?TNN, HBO, Time-Warner- workedMost famous example: AOL and Time WarnerSchein taught us that mergers and acquisitions lead to new organizational cultures or lead to the demise of a company. (Schein, 2010) No one at the top of the company really tried to persuade the people in charge of their brands that they needed to try to make this deal work. (Kramer, 2006)3Vickie DelaneyWe could not discuss Warner Bros without mention of the AOL time warner deal.As we have learned from Schein, mergers and acquisitions create new cultures within an organization. One has to be aware of the philosophy and style of a company.This is where Time/Warner and AOL went awry. For 9 years the companies struggled to blend their ideas but it did not work. This was largely due to the inability of the two entities to integrate disparate corporate cultures into a single symbiotic organization. In the vacuum of strong leadership, an attitude of us vs. them prevailed. The leaders from both companies had a good strategy on what they wanted to achieve but did not have a good vision on how they wanted to execute it. And hence, there was failure. Fortunately this is a flexible corpoartion3FLEXIBILITY Meyer leads the companys efforts to create new business models to fit emerging consumer demandsFoster a learning environment</p> <p>Barry M. MeyerChairman &amp; CEO, Warner Bros. Vickie Delaney4CEO Barry Meyers leverages all the companies combined strength to help shape the digital future of the entertainment industry.Leadership achieves a balance between risk taking and risk containment to ensure ongoing innovation. We can consider Warner as a learning organization.According to Peter Senge (1990: 3) learning organizations are:organizations where people continually expand their capacity to create the results they truly desire, where new and expansive patterns of thinking are nurtured, where collective aspiration is set free, and where people are continually learning to see the whole together. Warner Bros is continually evolving to keep up with changes in technology and to meet the demands of their customers. </p> <p>4Social ResponsibilityEmbraces diversity , cultural educationSustainability</p> <p>5Vickie DelaneyBarry Meyer embraces social responsibility by being involved in numerous charitable and civic activities, including serving on the Board of Directors of Human Rights Watch and on the Advisory Board of the National Museum of American History. The company is involved in green technology efforts including building a 500 kilowatt solar energy system on the roof of one of its buildings.As a global employer, the company embraces diversity and cultural educationa recycling and waste reduction program.They promote a ride share program for their employees 5The Journey continues</p> <p>Their employees are their greatest asset6Vickie DelaneyThey consider their employees their greatest asset. And they take good care of their employess to show that they are their greatest asset.Jocelyn will explain how they do this6</p> <p>Warner Bros. employee-focused programs and initiatives are designed with your health, wealth and life needs in mind, now and throughout your career.Support Your Success7Jocelyn HarrisThank you Vicki,During my research I visited the Warner Bros Career Website and what I found is that they try to give you is a preview of whattheir organizations beliefs are and how they promote the companys core values. Their career web site provides a little informationabout what joining Warner Bros., is like and how they continue to support their employees in becoming successful, by saying they make a strong commitment to helping their employees feel values and inspired.</p> <p>How they do this, Well according to the Warner Bros,. They offer great compensation, excellent health care benefits, the opportunity to learn the Entertainment business, and the chance to move up in the organization. </p> <p>7At Warner Bros. Entertainment, They maintain a culture of creativity, Promote professional growth, and communityAttract the world's brightest stars andKeeps them shining throughout their careers. Picture yourself among the stars.Picture yourself working here.</p> <p>The Warner Bros. Entertainment Experience8Jocelyn HarrisWarner Bros., website says, It's Not Just What You Do, But Where You Do It which indicates Warner Bros., as one of the greatest entertainment industries to work in. </p> <p>This company attracts the some of the worlds brightest stars that work on shows like The Mentalist, Two and a Half Men, Nikita, Fringe and, The Bachelor franchise. Warner Bros Animation produces MAD, The Looney Tunes Show.</p> <p>The entertainment culture at Warner Bros is about continuing to help promote these young stars throughout their careers. This sound like a slogan but what this organization says is when the best opportunities in the industry, meet some of the mostbrilliant people in the world, they form a powerful workforce that can only be described as Warner Bros. Entertainment. </p> <p>Warner Bros. stands at the forefront of the entertainment industry, with businesses ranging from feature film, TV andhome entertainment production and worldwide distribution to home video, digital distribution, animation, comic books,licensing and international cinemas and broadcasting.</p> <p>8</p> <p>LindaExecutive Assistant in Media Advertising states;"One day she opened the newspaper and saw an advertisement for jobs at Warner Bros. She applied and is there 22 years and counting! Their Employees9Jocelyn HarrisI think the company website is promoting a culture that invites their visitors seeking a career with them that this is the best place to work by sharing some of their employees thoughts on being employed there. In Lindas particular area inAdvertising &amp; Publicity, as stated in the slide shown here. She gives a little detail about how she learned what actually goesinto the marketing of major motion picture and what must be done to make their product number one. </p> <p>Their web site also states that they afford the employee career mobility opportunities in Warner Bros., by hosting a series of seminars and it seems that all their employees have access better themselves by taking classes through Warner Bros. where they can take classes online in conjunction with the surrounding local universities."9</p> <p>Life at Warner BrosBeing productive doesn't mean all work and no balance. That's where Warner Bros. Entertainment's Work/Life programs bring value. Our life benefit plans and programs work together to help you manage your life at work and away from work. 10Jocelyn HarrisWe offer many resources that encourage you to grow personally and professionally, give to your community, and network with your colleagues.Some of the employee-focused programs include: Wellness Programs Physical Fitness Programs Childcare Product and Services Discounts Employee Assistance Programs Work/Life Counseling Legal and Financial Consulting Services Adoption Assistance Movie Screenings NEED A TRANSITION TO RYAN!!!!!!! HOW ABOUT: BUT IS LIFE REALLY AS GRAND AT WARNER BROS AS IT IS PORTRAYED?? RYAN WILL HELP TO ANSWER THIS QUESTION10Warner Bros. Individual EmployeePositive ExperienceA Great Place to WorkPros: Many smart, talented, creative people Consistent opportunities to prove yourself and be recognized for exceptional work.Cons: Some typical large organization politics Sometimes hard to advance because employee turnover is low.</p> <p>Former Director, Business Development in Burbank, CA5 star company11Ryan MouchPros Many smart, talented, creative people. Great industry reputation. Consistent opportunities to prove yourself and be recognized for exceptional work. And, the best content creator on the planet.Cons Some typical large organization politics. Not a first mover in most instances, but that part of the reputation is changing. Sometimes hard to advance because employee turnover is low.Advice to Senior Management The folks running WB know what they're doing.11Warner Bros. Individual EmployeeNegative ExperienceWas good, would stay away from nowPros: The people are great not the same work experience every day Cons: The management seems to make changes to personnel on whims. Fiercely anti-union if they can get away with it. Instruction on duties almost non-existent. Chances for advancement are nearly impossible If you are looking for some positive feedback you can forget it.</p> <p>Former Senior Clerk in Burbank, CA1 star company12Ryan MouchPros The people are great, wonderful gym, good places to eat, not the same work experience every day, discounts are good as are special events/programs.Cons The management seems to make changes to personnel on whims. Fiercely anti-union if they can get away with it. Instruction on duties almost non-existent. Chances for advancement are nearly impossible. Everyone who is not management worked to the bone. If you are looking for some positive feedback (or any feedback) you can forget it.Advice to Senior Management Would a little praise kill you? It might make up for the lousy pay (I say might). Also, stop lying about raises and advancement, after five years and no changes it gets a little old.12Warner Bros. Individual EmployeeAverage (3-star experience)Great Opportunity; Challenging to Get PromotedPros: I have found it to be a positive experience in terms of having excellent benefits, perks and great co-workers. They promote a strong work/life balance.Cons:It can be challenging and frustrating to get promoted. You essentially have to leave your department and interview for a higher level position within a different department you really have to know someone to get your foot in the door.</p> <p>Current Employee in Burbank, CARyan Mouch13Pros Warner Bros. is a prestigious entertainment company that creates great content for some of the best films in the world. I have found it to be a positive experience in terms of having excellent benefits, perks and great co-workers. They promote a strong work/life balance. It's also really fun to work on the WB lot!</p> <p>Cons It can be challenging and frustrating to get promoted. You essentially have to leave your department and interview for a higher level position within a different department. And even then, you really have to know someone to get your foot in the door.</p> <p>Advice to Senior Management I strongly believe there should be a better system of tracking internal applicants and encouraging and supporting internal growth within the company. I also feel there is a disconnect between senior management and support-midlevel staff in terms of communicating overall corporate strategy and the mission of the company.</p> <p>13Warner Bros. Employees 3.3 out 5 star rating (Gives company an OK rating)</p> <p> 87% of employees approve of Barry M. Meyer, CEO</p> <p>Information courtesy of glassdoor.com14Ryan Mouch14Additional Employee RatingsRyan Mouch15Ratings are averaged and described out of a five-star rating.15Summary/Recurring ThemesPros:Great people; environmentPerks (tickets, lunches, screenings, etc.)Cons:Chance for advancementLarge organization politicsRyan Mouch16TRANSITION: BETHANY HAS INTERVIEWED AN EMPLOYEE TO GET A TRUE FEEL OF THE CULTURE OF WARNER BROS.16Employee Interview 5 Year EmployeeFirst questions involve style of management at Warner Brothers</p> <p>Effective leading?Effective listening?Daily involvement?Bethany Hall17</p> <p>The basic management questions are very important to me, as this is a place that I could see myself working. I really enjoyed hearing an employees perspective and we will share that with you now.</p> <p>This employee believes that her manager is a great speaker and has a lot of patience. However, she does think that communication needs to be better.She definitely notices the manager listening to ideas and putting them into play, but not all the time. She said yes and no to effective listening.The daily involvement is pretty basic, as the manager is there to oversee the studio tours and make sure that things run smoothly.17Employee Interview - ContinuedTeamwork or individuality?</p> <p>Caring and accommodating employer?</p> <p>How does WB use employee skills?</p> <p>Does WB encourage people to be self-reliant and practical?</p> <p>Bethany Hall</p> <p>18This is a creative bunch of people who have to work together on a daily basis. It is also a busy work environment, so there are different things that happen every day. Everyone has to be willing to work together for the benefit not only of the customers, but the productions as well.</p> <p>WB cares about employees overall, but in her specific department, the money comes before the welfare of the staff.</p> <p>The company uses the skills of the employees very well and does a good job delegating tasks to those who might be strong in a particular area. </p> <p>WB encourages their employees to find solutions to problems. The employees are trusted by the management, which makes it easier.</p> <p>18Thoughts on working for Warner Brothers and the culture youre a part of?</p> <p>Bethany Hall19The most important working condition of WB is to honor all employees and departments. If everyone is treated with respect, it operates more like a cohesive unit than separate businesses.</p> <p>She has worked at WB for almost 5 years, and she loves it. There are some things that she would like to change and that can be done better, but she thinks that this is the case in every work environment. This is her dream job, and shes so thankful to call it her career. She feels like other employees who refer to the company as a big family and the lot as a college campus something is always going on, and they support each other. She loves working where the magic happens.19WB has a nice overview of company culture on their website: http://www.warnerbroscareers.com/Experience/Culture/index.htm</p> <p>Bethany Hall20SourcesDudich,N., Mandal, S., Palkar, S., Patel, C., Vadakkuppattu, V., (Fa...</p>