Part 2/11:

One of the most vocal criticisms emerging from industry insiders is directed at Disney’s board of directors. The consensus is clear: they are considered wholly incompetent. Over a year has passed since the company’s leadership vacuum was identified, yet no viable successor for CEO Bob Iger has been appointed. This apparent lack of capable internal candidates raises a concerning question—either nobody at Disney possesses the requisite talent to lead, or external candidates are hesitant to step into a sinking ship.

The absence of strategic planning and succession management underscores a significant failure on the part of Disney’s governance. Such a failure reflects poorly on the stewardship of the board and casts doubt on their ability to steer the company through turbulent waters.