Team One
October 17, 2012
• Vickie Delaney
• Bethany Hall
• Jocelyn Harris
• Ryan Mouch
Jocelyn Harris
1
GLOBAL
• REACHES WORLDWIDE
– MOVIES
– TV
– ALL FORMS OF MEDIA
– TOYS, GAMES
– TECHNOLOGY
Vickie Delaney
2
Multiple Mergers and Acquisitions
•
•
•
•
But did they all work?
TNN, HBO, Time-Warner- worked
Most famous example: AOL and Time Warner
Schein 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)
Vickie Delaney
3
FLEXIBILITY
• Meyer leads the
company’s efforts to
create new business
models to fit emerging
consumer demands
• Foster a learning
environment
Vickie Delaney
Barry M. Meyer
Chairman & CEO, Warner Bros.
4
Social Responsibility
Embraces diversity , cultural education
Sustainability
Vickie Delaney
5
The Journey continues…
Their employees are their greatest asset
Vickie Delaney
6
Warner Bros. employee-focused
programs and initiatives are
designed with your health, wealth
and life needs in mind, now and
throughout your career.
Jocelyn Harris
7
The Warner Bros. Entertainment
Experience
At Warner Bros. Entertainment,
• They maintain a culture of creativity,
• Promote professional growth, and
community
• Attract the world's brightest stars and
• Keeps them shining throughout their
careers.
Picture yourself among the stars.
Picture yourself working here.
Jocelyn Harris
8
Linda
Executive 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!
Jocelyn Harris
9
Being 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.
Jocelyn Harris
10
Warner Bros. Individual Employee
Positive Experience
• “A Great Place to Work”
– Pros: “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.”
Former Director, Business Development in Burbank, CA
5 star company
Ryan Mouch
11
Warner Bros. Individual Employee
Negative Experience
• “Was good, would stay away from now”
– Pros: “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 nonexistent. Chances for advancement are nearly
impossible … If you are looking for some positive
feedback you can forget it.”
Former Senior Clerk in Burbank, CA
1 star company
Ryan Mouch
12
Warner Bros. Individual Employee
Average (3-star experience)
• Great Opportunity; Challenging to Get Promoted
– Pros: “I have found it to be a positive experience in
terms of having excellent benefits, perks and great coworkers. 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.”
Current Employee in Burbank, CA
Ryan Mouch
13
Warner Bros. Employees
Employee Review Ratings
Very Dissatisfied
Dissatisfied
Neutral - OK
Employee Review
Ratings
Satisfied
Very Satisfied
0
5
10
15
20
25
• 3.3 out 5 star rating (Gives company an OK rating)
• 87% of employees approve of Barry M. Meyer, CEO
Information courtesy of glassdoor.com
Ryan Mouch
14
Additional Employee Ratings
Culture & Values
Senior Leadership
Work/Life Balance
Stars
Compensation & Benefits
Career Opportunities
0
1
2
Ryan Mouch
3
4
5
15
Summary/Recurring Themes
• Pros:
– Great people; environment
– Perks (tickets, lunches, screenings, etc.)
• Cons:
– Chance for advancement
– Large organization politics
Ryan Mouch
16
Employee Interview – 5 Year Employee
• First questions involve style of management at
Warner Brothers
– Effective leading?
– Effective listening?
– Daily involvement?
Bethany Hall
17
Employee Interview - Continued
• Teamwork or individuality?
• Caring and accommodating
employer?
• How does WB use
employee skills?
• Does WB encourage people
to be self-reliant and
practical?
Bethany Hall
18
• Thoughts on working
for Warner Brothers
and the culture you’re a
part of?
Bethany Hall
19
• WB has a nice overview of company culture
on their website:
http://www.warnerbroscareers.com/Experien
ce/Culture/index.htm
Bethany Hall
20
Sources
• Dudich,N., Mandal, S., Palkar, S., Patel, C., Vadakkuppattu, V., (Fall
2009) AOL Time Warner merger and its failure [power point slides].
Retrieved from http://www.slideshare.net/vivek_vr2000/aol-timewarner-merger-and-its-failure
• Kramer, Larry. Why the AOL-Time Warner Merger Was a Good Idea.
Retrieved from http://thedailybeast.com
• Warner Bros Reviews. Retrieved from
http://www.glassdoor.com/Reviews/E13195.htm
• Peter Senge and the learning organization. Retrieved from
http://www.infed.org/thinkers/senge.htm
• Warner Bros Corporate Responsibility. Retrieved from
http://www.wbcitizenship.com/workplace/diversity-inclusion
• Warner Bros Entertainment Experience. Retrieved from
http://www.warnerbroscareers.com/Experience/Culture/index.htm
• Warner Bros. Retrieved from http://www.warnerbros.com/
21
A History of Creativity. A
Commitment to the Community
22