Team One October 17, 2012 • Vickie Delaney • Bethany Hall • Jocelyn Harris • Ryan Mouch

1 Jocelyn Harris

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)

3 Vickie Delaney

FLEXIBILITY

• Meyer leads the company’s efforts to create new business models to fit emerging consumer demands

• Foster a learning environment

Barry M. Meyer Chairman & CEO, Warner Bros. Vickie Delaney

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Social Responsibility

Embraces diversity , cultural education

Sustainability

5 Vickie Delaney

The Journey continues…

Their employees are their greatest asset

6 Vickie Delaney

Warner Bros. employee-focused programs and initiatives are designed with your health, wealth and life needs in mind, now and throughout your career.

7 Jocelyn Harris

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.

The Warner Bros. Entertainment Experience

8 Jocelyn Harris

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!

9 Jocelyn Harris

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.

10 Jocelyn Harris

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

11 Ryan Mouch

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 non-existent. 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

12 Ryan Mouch

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 co-workers. 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

0 5 10 15 20 25

Very Satisfied

Satisfied

Neutral - OK

Dissatisfied

Very Dissatisfied

Employee Review Ratings

Employee Review Ratings

• 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

14 Ryan Mouch

Additional Employee Ratings

0 1 2 3 4 5

Career Opportunities

Compensation & Benefits

Work/Life Balance

Senior Leadership

Culture & Values

Stars

Ryan Mouch 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/Experience/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-time-warner-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/

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A History of Creativity. A Commitment to the Community

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