Category: Uncategorized

Estee Lauder Companies

Content

• How does the report use data?
  • This report uses data to show the performance highlights for the 2019 year. It breaks down the numbers based on the sales, net earnings per share, net sales by product category and net sales by region.
  • The report uses the data to show how earnings have significantly risen over a 10-year period and also looks at the stockholder return over that 10-year period as well.
• How does it use specific contexts, terms, and figures?
  • The context of this data is to look at some highlight areas of the business and its net sales over the 10-year period. The terms that stand out are sales and earnings. Clearly this report is looking at the positive rise in sales of each product category, but it also looks into the side of stakeholders and what that return looks like as well.
  • The figures are in term of millions over 10 years.

Presentation

• How does the overall look of the presentation appeal to readers?
  • The presentation is very simple and short. It is not overwhelming, if anything it feels a bit underwhelming. I feel that each graph could have benefited with a little paraphrasing of what the graph is explaining. It is understandable based off the charts themselves but a little brief that discussed the charts would have been a nice touch if presented in a meeting.
• How does the report meet or not meet its objective?
  • I feel that the report meets most of its objective, that being a 2019 year in review of performance highlights. It hits the major areas of the business from what I see based off the charts, looks at categories of products, sales per region and even the stakeholder return. It just feels like it isn’t done. Maybe I am just one for having a little bit of dialogue to read, but If I am handed just this report as is, just charts and no briefing on paper/presentation I feel that I would be missing some of the impact that the report holds.

Data analysis is important in any business. Its is utilized for a multitude of things, but most importantly for decision making. Businesses can leverage data analysis to make better decisions depending on the company. It gives insight to many things, such as customer trends, profitability over time and again, drives more effective/efficient decision making.

I wanted to show the cost, revenue and profit. I chose the first bar graph to show the overall operations and the areas of each within each month. I chose this graph that is a combination to show the profit over time and its increase. It was clear that in the beginning months the profits were down, but picked up as the year went on.

I chose both graphs specifically for the ease of reading. I feel like using simple bar graphs and line graphs makes the data easy to manage as well as easy to present, even if the present is not the most knowledgeable. The visualizations are meant to make the data easy to present and easy to understand. The visualizations changed my analysis by showing me the data in action as opposed to just reading a spreadsheet. I fully believe the target audience does change how you present data in a visualization. The audience can determine what needs to be presented with your data, or it makes you review your data to see what is important to present and what is not.

• Interpretation: What’s the data saying? First questions that come to mind…
  • What makes someone an essential employee?
  • Only a few employees have minimal feedback, why?
• The story I make about the employees is that most of the departments were all hired for within the same month. Why is that? I also see that management didn’t get any bonuses, but all other employees did. Yes they have a higher salary, but wouldn’t they get a bonus for good performance too?
• Analysis: The data provided helps me to understand where our money is going.
  • Quantitatively speaking, its showing me a lot of bonuses were given out with not a lot of reason why behind it. Qualitatively, not a lot. I cant measure someone’s work performance based off of minimal to no feed back. “TRYING HARD” is not useful in respect to the data.
  • This data is not telling me anything about what theses people do, if the departments are even running productively, why did these people receive bonuses or why did they take so much over time.
  • I would need to see the inner workings of each department, I cant make any decisions based off of just seeing the salary, bonus, and over time spreadsheet. This does not show me how employees preform, the data does not show a correlation between performance and salary.
  • I also see that employees with a 1 score are still receiving a 2000 bonus
  • A primary source I would use would be speaking to direct supervisors in order to get some more details on reports for individual performance. Secondary source would be the looking into possibly production reports.
• Conclusion and related outcomes: Describe how you have used data to determine a strategy. Use evidence to support your explanations.
  • I think one of the first things to look at would be the overtime, make the necessary decision to cut that for starters.
  • After looking at the data, perhaps reassessing what qualifies someone to receive a bonus. Its never an easy decision to just cut someone from receiving a bonus, but if your performance is poor then a new standard needs to be implemented in order to receive said bonus.

For such a massive company like Disney, one would stop and think “well I wonder how things work over there? Who’s calling the shots?” Being a company on such a massive scale, critical thinking for any decision within the company is important. In order to continuously improve, and provide that classic Disney experience, but with even better promotion and technology, critical thinking is paramount. In order to improve upon themselves and continue to grow, we now dive into the world of diversification. “We are strategically positioning our business for the future, creating more effective, global framework to serve consumers worldwide, increase growth, and maximize shareholder value,” said Robert A Iger, chairman and CEO, The Walt Disney Company. This company has been around for what seems like forever, how did they do it? Great planning, diversification and a lot of critical thinking along the way.

Critical thinking and how did it play a role in Disney?

                Critical thinking is utilized to help identify problems, create new plans for new growth opportunities, weigh options for new business venture, its in everything within a company. A huge priority for Disney is to bring about an unparalleled entertainment experience for its consumers, so how can they maintain that? Critical thinking, what do consumers today really want? Most want their entertainment directly, with the best quality available. One of the initiatives seems to be this direct-to-consumer model for present and future.

Analysis of Disney’s Diversification

                It is clear that The Walt Disney Company has grown eons compared to its founding days, but in what way? They have used diversification to launch their direct-to-consumer model into the hands of their consumers in the best way possible. They utilized rational thinking, they merged some operations to create more compelling products and experiences, for example they merged their Consumer Products and Parks segment under one segment. The point behind this was to better the experience for their consumers, to bring the stories of their characters to life and create and experience that only Disney can. Another one, direct-to-consumer and their International segment. This is how Disney+ was born. I believe the company decided to diversify so much because it was capitalizing on itself, trying to consolidate segments together in order to provide an experience that only Disney could.

To conclude

                The Walt Disney Company made the decision to diversify its segments and expand its services, and it was very successful. Its new restructuring involved operations spanning over four business segments; Media Networks, Studio Entertainment, Direct-To-Consumer & International and Parks, Experiences & Consumer Products. The new restructure had the purpose of becoming a single, worldwide business to capitalize on growth opportunities and for parks and resorts & consumer products operations to consolidate into a new hub where the stories of Disney’s characters can come to life. The push behind this all was to consolidate operations for the sake of consumer experience in order to capitalize on future growth.

References

The Walt Disney Company. (2018). The Walt Disney Company Announces Strategic Reorganization. Retrieved from https://thewaltdisneycompany.com/walt-disney-company-announces-strategic-reorganization/

Soomo Learning. (2020). Critical business skills for success. https://www.webtexts.com

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You’re going to publish a post today. Don’t worry about how your blog looks. Don’t worry if you haven’t given it a name yet, or you’re feeling overwhelmed. Just click the “New Post” button, and tell us why you’re here.

Why do this?

• Because it gives new readers context. What are you about? Why should they read your blog?
• Because it will help you focus your own ideas about your blog and what you’d like to do with it.

The post can be short or long, a personal intro to your life or a bloggy mission statement, a manifesto for the future or a simple outline of your the types of things you hope to publish.

To help you get started, here are a few questions:

• Why are you blogging publicly, rather than keeping a personal journal?
• What topics do you think you’ll write about?
• Who would you love to connect with via your blog?
• If you blog successfully throughout the next year, what would you hope to have accomplished?

You’re not locked into any of this; one of the wonderful things about blogs is how they constantly evolve as we learn, grow, and interact with one another — but it’s good to know where and why you started, and articulating your goals may just give you a few other post ideas.

Can’t think how to get started? Just write the first thing that pops into your head. Anne Lamott, author of a book on writing we love, says that you need to give yourself permission to write a “crappy first draft”. Anne makes a great point — just start writing, and worry about editing it later.

When you’re ready to publish, give your post three to five tags that describe your blog’s focus — writing, photography, fiction, parenting, food, cars, movies, sports, whatever. These tags will help others who care about your topics find you in the Reader. Make sure one of the tags is “zerotohero,” so other new bloggers can find you, too.

This is an example post, originally published as part of Blogging University. Enroll in one of our ten programs, and start your blog right.

You’re going to publish a post today. Don’t worry about how your blog looks. Don’t worry if you haven’t given it a name yet, or you’re feeling overwhelmed. Just click the “New Post” button, and tell us why you’re here.

Why do this?

• Because it gives new readers context. What are you about? Why should they read your blog?
• Because it will help you focus your own ideas about your blog and what you’d like to do with it.

The post can be short or long, a personal intro to your life or a bloggy mission statement, a manifesto for the future or a simple outline of your the types of things you hope to publish.

To help you get started, here are a few questions:

• Why are you blogging publicly, rather than keeping a personal journal?
• What topics do you think you’ll write about?
• Who would you love to connect with via your blog?
• If you blog successfully throughout the next year, what would you hope to have accomplished?

You’re not locked into any of this; one of the wonderful things about blogs is how they constantly evolve as we learn, grow, and interact with one another — but it’s good to know where and why you started, and articulating your goals may just give you a few other post ideas.

Can’t think how to get started? Just write the first thing that pops into your head. Anne Lamott, author of a book on writing we love, says that you need to give yourself permission to write a “crappy first draft”. Anne makes a great point — just start writing, and worry about editing it later.

When you’re ready to publish, give your post three to five tags that describe your blog’s focus — writing, photography, fiction, parenting, food, cars, movies, sports, whatever. These tags will help others who care about your topics find you in the Reader. Make sure one of the tags is “zerotohero,” so other new bloggers can find you, too.