Restore the magic In a world filled with stress, busyness, and monotony, it is easy to lose touch with the magic that exists all around us. The magic of possibility, wonder, and enchantment can often get buried under the weight of responsibilities and the demands of daily life. However, it is imperative that we make a conscious effort to restore the magic in our lives, as it is essential for our well-being and overall happiness. One way to restore the magic is by reconnecting with our inner child. As children, we saw the world with wide-eyed wonder and curiosity. We believed in the extraordinary and found joy in the simplest of things.
In other words, there will be a top-down tone change that will empower and emolden executives, division leaders, managers, and so forth to do things differently. People in the company who care will be allowed to do so again.
I cannot imagine that it entailed eliminating the highly-recognizable FastPass name a brand so iconic that FastPass was used in real world settings as shorthand for skipping a line and replacing it with a clumsy set of names borrowed from Cars and Aladdin , two franchises that go together like peanut butter and grapefruit. As we ve cautioned, Walt Disney World fans should not overestimate what a change in the Walt Disney Company s CEO is going to accomplish in the near-term.
We believed in the extraordinary and found joy in the simplest of things. As adults, we tend to lose this sense of awe and adventure. By tapping into our inner child, we can regain that sense of magic and see the world through fresh eyes once again.
“Restore the Magic” Trian Partners Launches Bid for Disney Board of Directors Seat, Disney Responds
Trian Fund Management has nominated Nelson Peltz for election to Disney’s Board of Directors at the Annual Meeting. The move comes after Trian launched a campaign called Restore the Magic that seeks to get Peltz on the Board against Disney’s wishes. Trian says that they have approximately 9.4 million shares of The Walt Disney Company worth approximately $900 million.
While Trian is complimentary of Disney’s “unrivaled global scale, irreplaceable brands, and opportunities to monetize its intellectual property”, they say that recent share price and performance is disappointing. They note that the shares are trading at a nearly 8-year low despite the return of Bob Iger as CEO. Trian says that they are not looking to replace Bob Iger at the helm, but simply place Peltz on the Board. Here are the top-level takeaways from Trian’s press release:
Disney has responded to Trian’s attempted placement of Peltz on the Board:
Trian Partners L.P. and Trian Partners Parallel Fund I, L.P., wholly owned subsidiaries of Trian Fund Management, L.P., along with other entities affiliated with Nelson Peltz (collectively, the “Trian Group”), have nominated Nelson Peltz for election as director at the Annual Meeting in opposition to the nominees recommended by the Board, and brought a proposal to amend Disney’s Bylaws.
The Walt Disney Company remains open to constructive engagement and ideas that help drive shareholder value. While senior leadership of The Walt Disney Company and its Board of Directors have engaged with Mr. Peltz numerous times over the last few months, the Board does not endorse the Trian Group nominee, and recommends that shareholders not support its nominee, and instead vote FOR all the Company’s nominees.
The Walt Disney Company has had a long-term track record of financial and creative success, built on the ability to leverage its rich intellectual property and unparalleled storytelling across its many businesses, from theatrical, streaming and linear broadcast to parks and resorts, and one of the most resonant names in sports, ESPN. Mr. Iger’s mandate is to use his two-year term and depth of experience in the industry to adapt the business model for the shifting media landscape, rebalancing investment with revenue opportunity while bringing a renewed focus on the creative talent that has made The Walt Disney Company the envy of the industry. Mr. Iger has already taken decisive steps to realign content creation and distribution, and reposition Disney’s streaming platforms and linear broadcast and cable networks for enhanced profitability for the Company.
Under Mr. Iger’s first tenure as CEO from September 2005 through February 2020, the Company’s total shareholder return was 554%, which exceeded the S&P 500 total shareholder return of 244%. The company’s market capitalization grew nearly fivefold during his tenure from $48 billion to over $230 billion.
The Board of The Walt Disney Company has been continually refreshed, with a focus on directors whose industry experience is additive to the company’s strategic priorities. The average tenure of the current Board is four years, with three directors serving fewer than two years, and in addition the Board is led by an independent chairman.
The Company expects to file preliminary materials with respect to the 2023 Annual Meeting of Stockholders shortly and looks forward to communicating with its stockholders once definitive proxy materials are available. The date of the Annual Meeting has not yet been announced.
The Board is nominating for re-election at the Company’s Annual Meeting incumbent directors Mary T. Barra, Safra A. Catz, Amy L. Chang, Francis A. deSouza, Carolyn Everson, Michael B.G. Froman, Robert A. Iger, Maria Elena Lagomasino, Calvin R. McDonald, Mark G. Parker and Derica W. Rice.
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- The Walt Disney Company
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Another way to restore the magic is by embracing the present moment. Often, we are so caught up in thoughts of the past or worries about the future that we forget to fully experience and appreciate the here and now. By practicing mindfulness and being fully present in the present, we can rekindle our sense of wonder and find beauty in the smallest of moments. Additionally, surrounding ourselves with things that bring us joy and inspiration can help restore the magic. Whether it's art, music, nature, or loved ones, filling our lives with things that ignite our passions and make us feel alive is essential for reawakening the magic within us. These things act as reminders of the beauty and enchantment that exists in the world, helping us to reconnect with our sense of wonder. Furthermore, taking time for self-care and self-reflection is crucial for restoring the magic. In the hustle and bustle of everyday life, it's easy to neglect our own needs and desires. By prioritizing self-care and taking the time to reflect on our hopes, dreams, and aspirations, we can reignite the spark of magic that lies within us. This can involve activities such as journaling, meditating, or engaging in hobbies that bring us joy and fulfillment. Ultimately, restoring the magic is about reclaiming our sense of awe, wonder, and possibility. It is about embracing the extraordinary in the ordinary and finding joy and enchantment in the everyday. By reconnecting with our inner child, embracing the present moment, surrounding ourselves with inspiration, and prioritizing self-care, we can restore the magic within us and live a life filled with wonder and happiness..
Reviews for "Restoring the Magic of Traditions: Keeping the Enchantment Alive in Modern Times"
1. Emily - 1/5 stars - I was really disappointed in "Restore the magic." The plot was weak and predictable, and the characters felt underdeveloped. It just didn't hold my attention and I found myself wanting to fast-forward through most of it. I wouldn't recommend this movie to anyone who is looking for an engaging and well-crafted story.
2. Daniel - 2/5 stars - I had high hopes for "Restore the magic" but it fell flat for me. The animation was mediocre, and the dialogue was cliché and cringe-worthy. It felt like a regurgitation of every other fantasy movie I've seen, and I was hoping for something more original and exciting. Overall, it left me feeling underwhelmed and wishing I had skipped it.
3. Sarah - 2/5 stars - "Restore the magic" lacked depth and substance. The characters were one-dimensional and the storyline felt rushed. It had potential but failed to deliver a compelling narrative. Additionally, the animation looked dated compared to other modern films. Overall, I was unimpressed with this movie and wouldn't recommend it to others who are looking for a captivating and thought-provoking experience.