NETFLIX

Netflix

[Name of the Institute]

Netflix

THESIS STATEMENT

“Netflix has made continuous innovation its part of business model which has given a competitive edge”.

BUSINESS MODEL

Netflix is ranked number one in its industry. This cannot be possible without having a good corporate culture. Netflix has its own corporate culture which is maintained by following its corporate values. Netflix have seven basic aspects of corporate values which help in improving business model and motivating employees (Daft, L. R. 2009).

High Performance

One of the core values of business model of Netflix is the high performance. Here the performance means the performance of employees working at Netflix. The company makes sure that the quality performance is given, and employees should constantly involve themselves in the hard work (Stanford, 2010).

Values

This is one of the important factors of corporate culture of Netflix. The company values are what they value. For instance, Netflix value honesty. Here honesty is not just being truthful, but it also about frankness and openness. The most impressive thing about this value is that, the culture of Netflix wants its employees to challenge the system through innovation, options and examinations. It does not depend upon the status of it.

Promotion and Developments

Netflix keep encouraging the employees and this motivates them to work even more hard. It makes sure that the talented people get the desired growth in their career. However, Netflix also ensures that the talent is actually the real talent, not the faking of any employee. This growth of any employee not only motivates him, but also other employees who try to work even harder in order to get an award or any additional benefit.

Freedom and Responsibility

The best part of Netflix culture is the freedom that it gives to its employees. Along with the freedom, responsibilities are also given which has to fulfill by the employees. ...