Bob Iger, the former CEO of Disney, offers his successors some insightful advice. He reflects on Walt Disney's legacy and what it truly means to lead the company. Iger's words offer a fascinating glimpse into the mindset of a leader entrusted with carrying on a monumental legacy.
Iger's reflections came during an episode of the podcast The Rest Is History, hosted by Dominic Sandbrook and Tom Holland. With his departure from Disney looming, he seemed to be contemplating his own legacy and the future of the company. He also mentioned that the podcast is one of his favorites, introduced to him by Disney's communications chief, Kristina Schake.
During the podcast, Iger was asked about the power he wields as the head of Disney. He responded with a humble perspective, stating that he doesn't see himself as an emperor but rather as someone with the privilege of working with great artists and having the resources to tell wonderful stories. He emphasized the importance of using this position to positively influence the world and bring happiness to billions.
But here's where it gets controversial... Iger also shared his advice for those who will follow in his footsteps. He believes that the person running the company has a special responsibility to maintain Disney's position as a beloved and admired company that entertains the world. He hopes his successors will respect the past and the values that built the company while also embracing constant innovation and a desire to reinvent and invent.
Iger's approach to project costs is also noteworthy. He prioritizes the creative vision and potential of a project, leaving the financial considerations for later stages. He acknowledges the challenges of innovating in a world rapidly transformed by technology, particularly with the advent of AI. He highlighted how much harder it is to tell the story of Tomorrowland today.
During the podcast, Iger gave Holland and Sandbrook a tour of the Disney Studios lot in Burbank, including Walt Disney's office. He admired Walt's courage and vision, emphasizing his ability to execute his ideas.
Iger also reflected on how he wants to be remembered, hoping to be seen as someone who took the reins of the company and brought it to a place Walt would be proud of. This includes telling more great stories to a larger audience, fostering innovation, taking risks, and creating happiness. He expressed his mindfulness of the duty to make Disney even better than it has ever been.
What do you think? Do you agree with Iger's vision for the future of Disney? What qualities do you believe are most important for a CEO of a company like Disney? Share your thoughts in the comments below!