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    Podcast Summary

    • Leveraging LinkedIn for Hiring and AppreciationSmall businesses can find top talent on LinkedIn, and recognizing employees is essential for a productive workforce.

      LinkedIn is a valuable resource for small businesses looking to hire top talent. While you might not find everyone actively seeking new opportunities on the platform, a significant number of professionals, like Sandra, use LinkedIn exclusively and might not be visible on other job sites. Furthermore, appreciation is crucial to fostering a productive workforce. Reward Gateway's total employee experience platform emphasizes this concept, focusing on people and their recognition. Lastly, Disney's 100-year anniversary exhibition in London showcases the company's rich history and its efforts to engage visitors of all ages. By using a mix of exhibits, Disney ensures that the experience is not only educational but also entertaining, making it a must-visit for fans.

    • Disney's Expansive Entertainment EmpireDisney, a $125 billion company, dominates entertainment with acquisitions of Pixar, Marvel, Lucasfilm, 12 theme parks, and a streaming service with 150 million subscribers. Iconic films like 'Snow White' and 'Frozen' solidified Disney's legacy.

      Disney, now worth over £125 billion, has become an entertainment behemoth, owning companies like Pixar, Marvel, and Lucasfilm, as well as operating 12 theme parks worldwide and a streaming service with 150 million subscribers. Throughout its history, Disney has produced iconic films, from the golden age of animation like "Snow White" and "Bambi," to more recent successes like "Frozen" and "Beauty and the Beast." While not all recent releases have been successful, such as "Indiana Jones and the Dial of Destiny," Disney continues to push boundaries and evolve, like with the female-led "Frozen" and its shift towards more inclusive characterizations. Despite ups and downs, Disney's impact on the entertainment industry is undeniable.

    • Navigating the Challenges of Adapting Classic Stories in the Modern Entertainment IndustryDisney faces challenges in adapting classic stories while maintaining original essence and avoiding controversy. Recent films have not met high expectations, requiring a balance between innovation and respect for classics.

      The entertainment industry, specifically Disney, faces challenges in adapting classic stories to modern audiences while maintaining the original essence and avoiding controversy. Rachel Zegler's upcoming Snow White remake has sparked debates about feminism and necessary changes in storytelling. Disney's approach to intellectual property, such as Star Wars and Marvel, has led to mixed reactions and criticisms for overproduction and poor quality. Despite Disney's impressive 100-year history, recent films have not lived up to the high expectations set by past successes. Walt Disney, the company's founder, was once a real person with a humble background, but his absence from the company for decades has led to his image being more associated with the brand than his personal life. Disney's past successes and fallow periods show that navigating the entertainment industry's ever-changing landscape requires a balance between innovation and respect for the classics.

    • Disney's Early Days and Intellectual Property ProtectionFrom selling sketches to creating Mickey Mouse, Disney's unwavering commitment to his creations and adaptability to changing circumstances shaped his success.

      Walt Disney's relentless protection of his intellectual property started from his early days as an artist and entrepreneur. From selling sketches as a child to founding Disney Brothers Studio with his brother Roy, Disney faced losses like the sale of Oswald the Lucky Rabbit's rights. This experience instilled in him a strong sense of ownership, leading Disney to become notorious for enforcing strict licensing and protecting its characters' images. Even a children's nursery painting Disney characters without proper licensing was forced to paint them over. Despite setbacks, Disney's persistence paid off when he created Mickey Mouse, becoming a global sensation. During major world events, such as the First and Second World Wars, Disney pivoted its focus to producing propaganda films and public information videos, with Donald Duck often taking on more controversial roles. Through these experiences, Disney's unwavering commitment to his creations and adaptability to changing circumstances shaped the company's success.

    • Disney's controversial past with Nazi Germany and anti-Semitic elementsDespite producing satirical content during the war years, Disney's past contains criticized anti-Semitic elements and Leni Riefenstahl's studio tour raised questions about their sympathies towards the Nazis. Societal norms have changed, and Disney has made efforts to remove offensive material from their older productions.

      Disney's "Donald Duck in Nazi Land" was a wartime cartoon where the title character appeared to be a Nazi, but it was all a dream in the end. This satirical take on Nazi Germany helped Disney's business during the war years as they produced mostly propaganda films. However, Disney's past has been criticized for containing anti-Semitic elements, such as Mickey Mouse's portrayal of a Hasidic Jew in "The Opry House" and the 1933 version of "Three Little Pigs." Leni Riefenstahl, a Nazi filmmaker and Hitler's girlfriend, was given a studio tour by Disney in 1938, which raised questions about Disney's sympathies towards the Nazis. Despite these criticisms, it's important to note that societal norms and acceptable content have changed over time, and Disney has made efforts to remove offensive material from their older productions. However, some of their earlier works, like "Song of the South," have been criticized for their racially insensitive portrayals.

    • Disney's complex history with controversial content and expansionDisney addressed past issues with controversial content and expanded into media empire through acquisitions and streaming

      Disney's history is complex, with both positive and negative aspects. For instance, the classic film "Song of the South" featured a black character, Uncle Remus, who was seen as controversial due to perceived stereotypes. The actor, James Baskett, was initially snubbed at the premiere due to racial segregation. However, Disney later recognized the importance of addressing these issues and started to change problematic elements in their older content. This shift is evident in their recent films, which feature diverse characters and themes. Additionally, Disney's growth from a purely animation-based studio to a media empire was driven by an insatiable appetite for expansion. They achieved this through acquisitions of companies like Pixar and Lucasfilm, and entering the streaming market with Disney+. Despite the challenges, Disney continues to evolve and adapt to the changing times.

    • Disney's Political Stance and Film DominanceDisney faces political controversy while maintaining film industry dominance, showcasing both conservative business practices and progressive values.

      Disney, once known for family values and conservative business practices, is now making waves in both the film industry and politics. The company, which owns a significant portion of Florida, has recently clashed with Governor Ron DeSantis over a controversial piece of legislation. Disney's stance against the legislation, which limits discussion of homosexuality in schools, has marked a shift from their previous apolitical stance. Simultaneously, Disney's dominance in the film industry, with franchises like Marvel and Star Wars, has led to concerns about oversaturation and a lack of original content. However, despite these challenges, Disney's impressive stable of talent and upcoming projects suggest that they will continue to be a major player in the entertainment industry for years to come.

    • Disney's Promising Lineup of New and Returning FranchisesDisney is learning from past mistakes, focusing on high-quality content, and introducing new projects like 'Wish.' They continue to be a major player in entertainment with Frozen 3, Toy Story 5, and Zootopia 2 on the horizon.

      Despite some missteps with franchises like Star Wars and Marvel, Disney is far from finished and has a promising lineup of new and returning franchises, including Frozen 3, Toy Story 5, and Zootopia 2. They are learning from past mistakes and focusing on delivering high-quality content, while also introducing new projects like "Wish." Disney continues to be a major player in entertainment, and the next 5-10 years are expected to be an interesting time for the company. Additionally, the podcast episode featured a promotion for Celebrations Passport from 1800flowers.com, a one-stop shopping site for amazing gifts for every occasion, and Stamps.com, a convenient solution for businesses looking to mail large volumes with significant discounts on USPS and UPS shipping.

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    Seeking to make an impact by looking at things from a different lens has always been Scott’s game if it’s technology, golf, education, marketing, politics or social issues. His open source view permeates his approaches and has led to positive impacts. Scott has had opportunities to learn from his pioneering and early mover days with Sun Microsystems to recent ventures in marketing and education platforms. There are many takeaways in the battles he and his teams engaged with over three decades of incredible growth and technology advances that made significant contributions to the boom of the PC and Internet. So what does it take to continue to innovate and grow. Scott has some key thoughts from disrupting markets, managing and leading in fast growth times to developing breakthrough products and services.

    • A Good Idea has to be Controversial – crazy and controversial ideas have to be correct or you look foolish—controversial and correct, not controversial and stupid. No controversy, no chance to survive, if it isn’t controversial then everyone does it and no differentiation or pricing power.
    • First to Market is Great when You’re Right on Timing and Team – having been on the leading edge as well as the refiner of technologies and markets, the most important aspect is ensuring you have architected a well-rounded team that will challenge the status quo, be willing to admit failure and adjust, while also being patient for timing to present itself. Sun had many ideas and technologies that were too early for the market, so it took leadership sensitive to timing and execution to seize the right opportunities at the right time.
    • Most Products and Technologies aren’t Original but Evolving and Require Pivoting – it is rare you will have something brand new, but innovating current products, business models and industries can create breakthroughs when you forge forward and are willing to adjust and pivot with what the market is presenting.
    • Observe, Analyze, Adjust and Execute Fast – A customer in China was using Sun’s Route D (routing software) technology differently and if Sun had spent more time in observation, assessed the implications and potential opportunities they would have been the router king before CISCO. It’s important to pay attention to not just how YOU view your product’s use, but how your customers are using it. Your customers can create new markets beyond your imagination.
    • If you Miss an Opportunity, Leave it Behind and Move Fast Forward – we all have ideas and innovations we worked on and didn’t execute on that someone else succeeded in. Forget about it and keep innovating and working the execution. The secret to success is always leaving the past as the past and pressing ahead with what’s next.
    • Capital Doesn’t Solve ProblemsCapital Infusion Creates Confusion –  many times more capital infusion creates more confusion and less focus on disrupting, ideating and coming up with that next innovation. More capital can get you compulsive, complacent and distracted. You can’t beat technology with more capital, you need cleverness and leadership.

     

    Augmenting Education Now and the Future

    We need education advancement more than ever before.  Today’s tools and platform don’t provide the best we can do as a society for our students, teachers and parents. Scott started Curriki to focus on augmenting the education experience and creating a new digital era in our education. A catalyst for Scott’s desire to challenge and create value in education was the rising cost of educational material and his open source mentality. The desire is to have no student, no teacher and no parent left behind. To fulfill that we need to continue Innovating around the facilitation of key learnings and interdisciplinary skills like critical thinking, communication, teamwork and civility along with STEM (Science, Technology, Engineering and Math). Curriki’s free and open source exchange platform with a new age of curriculum, is all about a virtual and classroom experience that:

    • Focuses on the Student’s Personal Training Needs – opening up educating for differences in aptitude and providing an adequate education at your speed and pace. Not all kids learn the same or need to learn the same material. One on one personal attention and access to custom services meet at the point of need.
    • Challenges with Interactive, Fun and Exciting Tools – bringing the binge mentality into education—like FORTNITE in gaming or Netflix entertainment has done. Why not have the same desire and demand for learning, as there is for playing and entertainment.
    • Provides a Collaborative and Transparent Community Forum – a personal dashboard with collaboration and visibility for all engaged in the lifecycle of educating from student, teacher and parent.

    Scott believes this is a group effort by society regardless of your views and he is looking for people who are passionate and interested in supporting the augmentation of our education system. Everyone can help create our future of education.

    Making an Impact with Issues of Today

    Tackling issues in society are important, however, the forum and approach you use can be effective or destructive. Finding commonality to break the divide and divisions in business and politics helps progress us forward and strengthen the future. Scott has a lot to say on challenging ideas and having healthy conversations around them. For companies being A-political and getting involved in policies that impact your business, investors and shareholders should be the focus, but not alienating substantial fractions of your customer base. Is Government’s job to promote or regulate business? Government is not the answer to innovation, or all the challenges and problems we have in society. Financial freedoms and liberties give people and business the abilities to make a difference. Scott is in the early ideation stages of a digital issue-based platform to provide a forum for healthy discussions around the challenges we face. This digital town hall approach would give everyone with different views the opportunity to make an impact and cross the aisle to find commonality and bridge the divide and solve problems. He doesn’t believe today’s social media platforms provide the best channels to get things done in a civil and breaking the divide fashion to progress forward.

    Future Advances and Taking Responsibility

    The future is full of many possibilities when it comes to disruptive technology. Autonomous everything will be one of the most impactful to our society. Where do you play in it and filter through the possibilities as an entrepreneur and innovator? Any area within a technology space can be the best or worst, but it is really about the execution. Some areas people have pinpointed as the unfruitful path have turned out to be the most successful. So do your research and analysis, then dive in, adjust and be nimble on your journey—don’t wait, fire away. Scott has challenged many leading companies from Microsoft, IBM and Apple taking on their ideas, products and business model—challenge the idea, not the people. Controversy leads to the next innovation breakthrough. Most importantly we need to have more responsibility and accountability with our generation on how we manage our own lives and not rely on others or Government to take care of our actions and needs.

     

    About Our Guest

    Scott McNealy is the former co-founder and CEO of Sun Microsystem which pioneered it’s way in computing technologies from hardware, operating systems to software, including the JAVA language.  He was with Sun from its start in 1982, IPO in 1987 to sale to Oracle in 2010. Scott also is on many Boards and advises Fortune 500 to entrepreneurial startups.  He co-founded social media intelligence company Wayin, which was recently acquired and founded Curriki the non-profit free education service. Scott is looking for help with Curriki and you can connect with him on Twitter.

    Let’s connect; I am on LinkedIn, Facebook, Twitter.  If we do connect, drop me a note and let me know.  The email address is feedback@philmckinney.com or you can go to Philmckinney.com and drop me a note there.  If you are looking to develop a Loonshot, check out our Disruptive Ideation Workshops.  Don’t forget to join our Innovators Community to enjoy more conversations around innovation.