Importance of Risk Management Analysis

Risk management is a technique for identifying and controlling problems that can jeopardise an organization's operations or significant projects. To perform a hazard analysis, you must first identify the potential dangers and then analyse the chance of those hazards occurring.

Running Head: Walt Disney
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Table of Contents
Risk Management Analysis........................................................................................................3
Importance of Risk Analysis......................................................................................................3
Risk Impact to Walt Disney.......................................................................................................4
Use of Data and Information......................................................................................................5
Risk Planning.............................................................................................................................5
Analysis of Issues.......................................................................................................................6
Risk Impact on Disney...............................................................................................................6
Conclusion..................................................................................................................................7
References..................................................................................................................................8

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Walt Disney
Risk Management Analysis
The hazard depends on the "time horizon" of your business, the "yardstick" of how
much money you have been able to make so far, and the "probability of an outcome". The
hazard is likely to lead to a possibility that is unclear. Although there are many probabilities
in the present and in the future, there will only be one future in time. I choose Disney.
Risk management is a technique to understand and control the difficulties that occur
and that can undermine the operations of the organisation or important projects. To conduct a
hazard analysis, you must first identify the potential hazards that present themselves and then
consider the likelihood of those hazards occurring.
The Walt Disney Group is a global advocacy group based in the Walt Disney. Walt
Disney Studios, Burbank, California. Walt Disney is the second largest interconnection and
broadcasting organisation in the world. In terms of business, after Comcast. Founded by Walt
1923 on October 16, Roy O Disney and Disney were simply the brothers of the “Disney
Cartoon Studio”, and they settled before that studio. In an industry of American Film before
expanding to live film production, broadcasting and also entertainment patrons. After
independent periods as The Walt Disney Studio and Walt Disney Productions, the
organisation changed its name to a show centre organisation in 1986. Advanced, radio,
music, distribution and online media. Cap bought the organisation in 1995. Urban
Areas/ABC, added ESPN, ABC Television Network and A&E to the organisations. Portfolio
of resources.
Importance of Risk Analysis
Risk analysis is a strategy used to understand and assess opportunities that may have a
negative impact on the performance of an organisation or business. It encourages you to

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assess the threats you or your organisation face and enables you to decide whether you need
to make a decision.
Walt's company dating back to the 1950s, who could have imagined what it would be
today? Two parks in the United States and a few more in the United States. It was an
opportunity for speculation worth exploring. The Walt Disney Corporation used a less
vigorous method to deal with the development of its bond shop and reduce its weakness as an
organisation. “The Walt Disney” Corporation is showing growth and success in both the US
and the international economy. By all accounts, as shown in the 2011 annual report of Walt
Disney, the corporation appears to be doing very fine in the declining economy of US. The
net income of Disney rose 21% from the preceding year, reaching a record $4.8 billion last
year. Revenues increased 7 per cent over the previous year, reaching a record $40.9 billion.
In addition, earnings per share increased by 24 per cent and reached another record high of
2.52. This is also extremely encouraging and welcome news as many US organisations have
suffered from the decline (How Savings Affect the “Walt Disney Company”).
Risk Impact to Walt Disney
Disney's interest in products and management, particularly in its theme parks and
resorts, is strongly influenced by the general traffic climate and the tourism industry. The
transportation climate and tourism industry, as well as interest in other recreational goods,
can be significantly affected in the United States by a number of external components,
whether general or specifically local. These include exceptional climate impacts that occur
due to momentary climate cycles or long-term changes, scandalous occasions or catastrophic
events (e.g., unacceptable heat or storms, tropical storms, hurricanes, floods, waves, and
earthquakes), medical problems, global political or military patterns, and fear of major
hazards. For example, the earthquake and torrential rains that hit Japan in March 2011 led to

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a suspension of work and some layoffs in Japan, including at Tokyo Disney Resort. This
resulted in these works not being paid. These and other events, such as increased travel and
energy costs and attacks related to computer outages, disruptions or other basic
disillusionments in computer communications or broadcasting, may also affect the ability to
transport products and business or to obtain the inclusion of protection for such occasions.
Use of Data and Information
The strategic philosophy of risk management at The Walt Disney Corporation is to
follow a risk management strategy. An ambitious, pragmatic approach for risk engineering,
protection and loss prevention. At theirs, The Corporation has a wide team of main business
divisions and branches. Professionals and personnel committed to the task. Although the Walt
Disney Corporation carries the risk, this is mainly used to resolve the disastrous situation
Exposures; any risk transfer services shall contain significant preservation of Disney. The
Walt Disney Corporation created two companies in 2002. Captive insurance company, Buena
Vista Insurance Business and Alameda Insurance Company. Promote the risk retention
philosophy.
Risk Planning
Walt Disney Corporation firmly believes in the long term Strategic Alliance. This
ideology is apparent in all our threats. Control systems and a crucial example of this can be
found in the partnership with FM Global that’s been going on for six decades. FM Global
Engineering and Failure Management Tools, Activities and experience have been
incorporated into both architecture and operations around the Business.

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Analysis of Issues
Changes in society in general and in the assumptions and desires of clients to
distribute and purchase merchandise can diminish interest in our administrations and
amusement items and antagonise the productivity of our organisations as a whole. Our
organisations produce films, travel and buy merchandise, the realisation of which depends
mainly on the preferences and desires of purchasers, which also change unexpectedly. The
success of our organisations depends on their ability to continually create and sell sound
recordings, television programmes and shows, web material, PC games, theme park
attractions, accommodations and hotel properties, and travel and consumer goods that meet
the changing needs of the broader buyer market and competition from a variety of sources.
Many of our organisations are increasingly dependent on customers outside the US, and their
management depends on our ability to anticipate and respond sustainably to the changing
assumptions and desires of customers both inside and outside the US.
Risk Impact on Disney
Declining economic performance in the United States and other parts of the world in
which we do business will negatively impact demand for all of our businesses and reduce our
revenues and profits. The decline in the above economic factors will reduce investment in our
parks and resorts, sales and advertising rates on our broadcast and cable networks and
licensed stations, production of our home video and advertised purchases of consumer
products, and similar effects are expected if these conditions are repeated. Declining
economic conditions could also reduce sponsorship in our parks, fees collected by MVPDs
for our cable programming or the amount of access to our cable programming. Recent
instability in non-US economies has had a similar impact on some of our US businesses.

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Conclusion
 Creating an exceptional consistency high-quality family: family contents that's it.
People are like to experience that.
 Usage fresh, new innovative: technology: technology to maximise the value it's the
commitment and so, accessibility: accessibility in that's it. contents
 Growing up ours trademarks and so, enterprises in "promising" a democratic group
markets in Europe to extend to it's the effect in that's it. Entertainment.

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References
GODFREY, P. C., LAURIA, E., BUGALLA, J. & NARVAEZ, K. 2020. Strategic Risk
Management: New Tools for Competitive Advantage in an Uncertain Age, Berrett-
Koehler Publishers.
HAVARD, C. T. 2020. Disney vs. Comcast. 2020 Volume 23 Issue 1.
IGER, R. 2019. The ride of a lifetime: Lessons learned from 15 years as CEO of the Walt
Disney Company, Random House.
NIKOLAENKO, V. S. & RIATSHENCEV, I. V. 2017. Development Of Organizational
Methods For Introduction Of Risk Management In It-Projects. The European
Proceedings of Social & Behavioural Sciences (EpSBS). Vol. 26: Responsible
Research and Innovation (RRI 2016).—Nicosia, 2017., 262016, 698-705.
RAEL, R. 2017. Smart Risk Management: A guide to identifying and calibrating business
risks, John Wiley & Sons.
YANG, J. Analysis of Business Operation Management under the Harvard Analytical
Framework: A Case Study of the Walt Disney Company. 1st International
Symposium on Economic Development and Management Innovation (EDMI 2019),
2019. Atlantis Press.