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In 1979 George Lucas decided to create the Graphics Group as part of the computer division within Lucasfilm . In 1986, Steve Jobs paid Lucas $5 million and renamed the newly independent company Pixar . Twenty-five years have passed, and as of last Friday, " Toy Story 3 " has earned $920 million...

I’ve often been asked this goofy question. “How would you run an animation studio if you were in charge?” Questions like this come from young people who assume I have answers. The truth is, I’m not in that position, and I don’t expect to be. However, I once ran my own business...