Assessment Description for Netflix Use the work you completed for Parts, I, II, and III with your CLC group to inform your analysis for this assignment. Write a 500-750-word analysis of the significan
CLC-SWOT MATRIX, BCG MATRIX, AND IE MATRIX 1 CLC-SWOT Matrix, BCG Matrix, and IE Matrix Celinna Cosio, Marc Couch, Hollie Delgado, Shahrah Sammeta, Raelene Sanders Grand Canyon University MGT-660 Maire Simington January 26, 2022 CLC-SWOT Matrix, BCG Matrix, and IE Matrix Shahrah’s part: The SWOT Matrix is a method that may be used to determine internal strengths and weaknesses. When dealing with a group of people, when the goal is to identify the group’s strengths and weaknesses, this matrix comes in handy. The BCG Matrix, the IE Matrix, and the analysis are all variations of the SWOT Matrix. The matrix’s vertical axis shows the group’s strengths and weaknesses, while the horizontal axis shows possibilities and dangers. The SWOT Matrix, BCG Matrix, and IE Matrix are three frameworks for examining a situation and determining what can be done to improve it. Strengths, weaknesses, opportunities, and dangers are frequently identified using this method in business. The SWOT Matrix is a technique for making decisions based on limited data. It’s frequently used to determine a company’s or organization’s internal strengths and weaknesses. The SWOT strategic analysis model is a basic approach of looking at a corporation to understand where it is, where it wants to go, and how to get there. The model is frequently used in conjunction with the more complicated models established by the Boston Consulting Group (BCG) and Internationale Erwin E. Steinhauer (IE), which take a more in-depth look at a firm. The SWOT, BCG, IE, and PEST are the four cornerstones of the strategic analysis framework. Internal, external, operational, and technological are the four components of the SWOT analysis. Below is the table (Table 1) that shows the SWOT we developed for Netflix. This table shows SO Strategies, ST Strategies, WO Strategies and WT Strategies. Table 1 Hollie’s part: We use this information and show it in a version with Threats. Part I- SWOT Matrix For NETFLIX STRENGHTS (OPPORTUNITIES) WEAKNESSES (OPPORTUNITIES) Branding and superior marketing. High price subscriptions have low market penetration. Range of quality content. High costs of partnerships and licensing. S4 T3 SO WO THREATS THREATS Penetrate into Global Market Competitions of other streaming services Retention of members Illegal Sites showing Netflix content for free S4 T3 ST WT Below is a capture of the Consolidated Statements of Stockholders’Equity. Part 2 – Develop a BCG/IE Matrix for your company Shahrah’s part: The SWOT and BCG matrices are two of the most widely used business models for analyzing a company’s strengths, weaknesses, opportunities, and threats. Another model used in strategic planning is the IE Matrix. Each model is designed to assist a company in identifying its primary competitive advantages and limitations, as well as determining the best course of action. Below Table 2, is the BCG Matrix for Netflix. The companies used in this comparison is Red Box for DVD, Hulu for United States and Japan, and Amazon Prime Video for Latin American. Marc’s Part: Table 2 Shahrah’s part: The Strategic Vision for the Future (or SWOT) Matrix, the Business Challenge Grid (or BCG) Matrix, and the Internal Environment (or IE) Matrix are all useful tools for figuring out where a company is now, what possibilities and difficulties it faces, and how it got there. Each tool represents a unique way of thinking about a company’s strategic environment, and each can offer a unique perspective on the company’s current position, future opportunities, and obstacles. Celinna’s Part: Table 3 Shahrah’s part: The Strategic Vision for the Future (or SWOT) Matrix, the Business Challenge Grid (or BCG) Matrix, and the Internal Environment (or IE) Matrix are all useful tools for figuring out where a company is now, what possibilities and difficulties it faces, and how it got there. Each tool represents a unique way of thinking about a company’s strategic environment, and each can offer a unique perspective on the company’s current position, future opportunities, and obstacles. Netflix has several chances and challenges, and each provides a different perspective that might help you comprehend the company’s issues and prospects. The SWOT Matrix is useful for determining the present status of a firm based on its strengths and weaknesses. The Business Challenge Grid (BCG) Matrix is useful for determining the current status of a company in terms of opportunities and risks. The Internal Environment (IE) Matrix is useful for determining the company’s present status. Netflix’s strengths (or prospects) include its vast and loyal customer base, willingness to invest in original content, and powerful brand. Netflix has boundless potential, and the company will continue to grow and expand its services in the future. Netflix’s other assets are its massive user base, willingness to invest in original content, and strong brand. Netflix has boundless potential, and the company will continue to grow and expand its services in the future. Reference Amazon Form 10K – Retrieved from: amzn-20201231 (stocklight.com)/ Document (stocklight.com) Anderson, D. (2019, November 10). Netflix Inc.’s Organizational Structure & its strategic implications. Rancord Society. Retrieved January 24, 2022, from https://www.rancord.org/netflix-organizational-structure-design-organizational-chart-characteristics Disney Form 10K – Retrieved from: Annual Report 10-K (sec.report) dis-20201003 (sec.gov) Kobiruzzaman, M. M. (2022, January 08). Netflix Organizational Change & Structure Case Study 2022. Newsmoor- Best Online Learning Platform. https://newsmoor.com/netflix-organizational-change-organizational-management-change-examples/ Netflix Form 10K – Retrieved from: nflx-20201231 (stocklight.com) Document (stocklight.com) Q4 results and Q1 forecast – s22.q4cdn.com. (n.d.). Retrieved January 24, 2022, from https://s22.q4cdn.com/959853165/files/doc_financials/2021/q4/FINAL-Q4-21-Shareholder-Letter.pdf UNITED STATES SECURITIES AND EXCHANGE COMMISSION, Netflix 10K. Halo (gcu.edu). Retrieved from: https://halo.gcu.edu/resource/df236cb4-6081-47c9-a650-039a7a7bc8b4
Assessment Description for Netflix Use the work you completed for Parts, I, II, and III with your CLC group to inform your analysis for this assignment. Write a 500-750-word analysis of the significan
MGT-660 CLC Agreement Form CLC Course Information Course Name/Section Number: Strategic Management MGT-660-O501 Instructor’s Name: Maire Simington Start Date of the Course: December 17, 2021 CLC Member Contact Information (Group members predicated/adjusted upon instructor discretion) CLC Member Name Primary Email Address Secondary Email Address Other Contact Information Raelene Sanders [email protected] [email protected] 253-222-4477 Cell Celinna Cosio [email protected] [email protected] 619-456-3153- Cell Hollie Delgado Marc Couch [email protected] [email protected] 623-312-5726 Shahrah Sammeta [email protected] [email protected] 602-702-3432 CLC Group Norms/Values (Steps to ensure team success) Each team member agrees to do the following: Why this is important to the team? Check into the CLC regularly to review progress on the assignment. Ensure the team is on target for each of the deliverables and determine if assistance is needed or not, or if escalations are needed or not. Contribute ideas and feedback to the group from initial discussions throughout assignment completion. Every member of the team is needed for us to be successful. All individuals will be required to give input throughout the class. Communicate with all CLC members as soon as a problem or issue arises. This keeps the momentum going forward and doesn’t stop the work. We must all be open and honest in our opinions and ensure we are transparent in our communication. Maintain respectful communications with all team members. Everyone is a equal partner in this project. We are a team and to be successful we all have a equal task. Complete assigned tasks by the deadlines set by the CLC members. Our grades depend on the time and passion each of us put into our work. Let’s be successful! Take a leadership role in CLC assignments. If you are assigned a role, take the role and run with it. One person does not need to be responsible for others work. Cite and reference all sources of information used in completing tasks. Always cite, over cite if you must. We don’t want to have any issues with plagiarism in this project. Other: Other: Assignment Management Specifics (What needs to be undertaken to complete the CLC assignment?) CLC Group Member’s Name Task to be completed by this team member Due date for completing the task for the CLC to review Marc Contributes one or more ideas for implementing and completing assignment. 12-19-2021 Raelene Outlines the CLC assignment. 12-19-2021 Raelene Assigns tasks to CLC members. 12-19-2021 Hollie Performs research on assigned topics and writes it up for CLC members to review. 12-21-2021 Celinna Ensures members meet assigned deadlines for tasks. Tuesday Night are Deadlines 12-21-2021 Shahrah Proofreads and edits assignment. 12-22-2021 Shahrah Submits assignment(s) by the due date. Tuesday – 12-21-2021 Other: Other: CLC Group Interaction Guidelines (How can we anticipate and mediate group conflict if/when it arises?) What may impede teamwork? Group (Re) mediation Process A CLC member does not provide assignment ideas or feedback to team members. We would try to engage the group member one on one and try to understand some of the obstacles that the team member is experiencing and work together to come to a resolution. A CLC member does not complete any components of his/her task. We would work together to pick up any lack of participation. In the end if a team member does not do their part, the team would exclude their name as a participant, email the instructor to advise, and grade accordingly on peer review. A CLC member completes his or her task, but turns it in after the agreed-upon due date. Allow for time to review, in case that this situation happens. You must budget and plan for delays in any project. Other: Other: CLC Group Review Process (What makes a CLC effective?) What did our CLC do well this time? What can we do to be a more effective CLC next time? © 2022. Grand Canyon University. All Rights Reserved.