Netflix Case Analysis

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The current CEO of Netflix has done an amazing job so far, becoming one of the biggest streaming media providers in the world. With myself being appointed to the CEO position, I have impressive shoes to fill. Netflix has made some serious changes since the startup in 1997. We are now the leading streaming media provider of the world, moving our business into over 130 new markets worldwide, reaching new international growth records. As CEO, I will drive change, identify the current opportunities and threats, and identify our current strengths and weaknesses, based on my prior evaluations throughout these last eight weeks. How will I specifically drive change? I will drive change through innovation based on new strategies and ideas. Like I …show more content…

It could be potentially distracting to the customer. Such a distraction could make the customer unaware of his or her surroundings. Being unaware of your surroundings can lead to accidents, which could be very harmful to the company. As CEO, I would want to my company first, doing my best to avoid any potential lawsuits. To avoid such a lawsuit, maybe I would try to develop some sort of technology or partner with another company that helps with avoiding this issue. I am only saying this due to the fact that the company of Pokémon Go suffered and still suffers today from this particular scenario of distraction. Such a potential lawsuit could undermine the entire company. This change should be reviewed and reviewed again by top senior management to see if the pros truly do outweigh the cons. Maybe they can set something in place to avoid this problem. I would start this evaluation by reviewing the strengths and the weaknesses of Netflix as a …show more content…

A major strength that Netflix has is their ability to push for such innovation. They have reached new lengths since their start in 1997. From in-mail DVDs, to streaming media on smartphones and tablets, it’s unbelievable to witness this in the making. I think the world is a little shocked on the technological advances of Netflix. What they have done so far is spectacular and it is all because of innovation. New ideas and new strategies developed over the last fifteen years has lead Netflix to where they currently stand today. They currently have a subscriber base of over 700, 000, offering thousands of titles on many different devices. This was made possible because of their ability to innovate and strive for new technological advances. I consider Netflix a very brilliant company. Their strengths are very clear, but this isn’t to say that they have no weaknesses. Netflix has far more competitors now, than they had 15 years ago. I would say that their biggest weakness is not offering enough newer content. Some of their competitors such as Hulu, offer a ridiculous amount of new content. Netflix seems to have a large amount of titles, but majority of these titles are older titles. They need to offer newer titles more often than less. With the company advancing and technology on the rise, the younger population aren’t into the older titles. The younger population now take up a good chunk of the customer base. Netflix must

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