Management Essentials Assignment sample

Introduction

Netflix is a subscription-based streaming platform that allows members to watch multiple shows and movies on connected devices. American entrepreneurs named “Reed Hastings and Marc Randolph” founded this largest streaming platform in 1997. In the year of 2006, Netflix started to launch multiple prizes and events that help to recognize algorithm of this largest platform. Different scientists and engineers belonging to “United States, Canada, Austria, and Israel” are considered owners of that prize (Netflix.com, 2022). On the other hand, in 2007 Netflix started to begin giving subscribers the opportunity to stream some of its films and television expositions instantly to their residences through internet connections. Along with that, the companies have permitted most streaming services at unlimited internet plans. This research report has demonstrated the overall performance of Netflix based on multiple considerations. The real value and importance of this larger entertainment media platform evaluate substantial evidence and understanding of an extreme capacity of issues of management.

This research report is based on operational management activity that provides clear justifications for good management practices. In this context culture and values of Netflix have been considered for management practices (Lozic, 2021). However, a renowned platform “Netflix” is considered to conduct this overall report study. Detailed information and multiple suggestions conveyed to structured management practices and managing creative activity have demonstrated in this research report. As per the observations of Havard (2021), good management practices are an effective practice that has allowed organizations to drive a culture of overall business positively. Awareness of the strengths and weaknesses of a company will allow justifying a justified decision-making approach for better development. Evidence and suggestions of different concepts and movements of this largest streaming platform have virtually helped to terminate entire task. However, managers have also played an effective role in managing creativity and streaming activity that helps to grow professionally.

Task 1: Management Practice at Netflix

Mission and vision analysis of Netflix

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A current study report stated that compared to July 2021, this largest multinational streaming platform compiled 209 million members of which 72 million are from the US and Canada (Netflix.com, 2022). As per the observation of Welden and Besel (2022), at the end of 2012 Netflix had adopted multiple appropriate statuses and cultures to meet major vision and mission of organization. [Referred to Appendix 2]

 

Figure 1: Mission and vision statement of Netflix

(Source: Edrawmind.com, 2022)

Mission statement of Netflix

Considering Figure 1, Netflix’s main mission is to focus on offering outstanding video entertainment choices to its exclusive consumer (Edrawmind.com, 2022). Compared to other streaming platforms Netflix contains highest demand in current market scenario. Netflix provided a wide range of selections on entertainment platforms. As per the suggestions of Lotz et al. (2022), Netflix has also maintained social responsibility and has not violated it by participating in the welfare community, market and ecosystem. However, every similar live-streaming platform swiftness can provide effective services that assist to improve life management factors. On the other hand, as proposed by Gouleti et al. (2020), the suggested strategy and showcase of Netflix is based on an intended group acknowledging the original demand and need for this persuasive platform. A disadvantage of this streaming platform is very few countries have made themselves able to afford it.Management Essentials Assignment sample

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Vision statement of Netflix

Major vision displays that Netflix desires to become the best through the continuous growth of its kindnesses and through equipping the best content to its user. Along with that, demonstrated in Figure 1, Netflix also tried to become famous in a global context with an opportunity of best service approach for which it will be able to focus on global establishment. As per the suggestions given by Markham et al. (2019), the mission statement of Netflix also focused on attaching more value to its existing employees by sustaining profit and effective service opportunities for its customer. In order to work on its mission and vision Netflix has adopted core values of “inclusion, innovation, curiosity, integrity, communication”. As proposed by Sánchez-Mompeán (2021), core values will help to operate different operational activities smoothly to achieve a major goal of an organization.

Critical evaluation of preferable management practices

Well-structured management practices of this larger platform have assisted in precipitating more and capturing a global position. Multiple years ago this multinational streaming platform completely followed different actions to control management activity. However, the adoption of multiple business strategies has assisted to advise what to do next and how to make effective decision-making approaches for better development of the organization. Netflix has followed unique approaches to control employees and culture over the organizations to play top in a competitive market segment. As per the suggestions of Rahe et al. (2021), based on global ratings Netflix rates its overall management activity as 81/100. Managers of this organization are independent to justify a decision for employees to value their operations and work according to feedback and suggestions provided by higher authority.

According to Fagerjord and Kueng (2019), understanding learning and application activity will effectively help to operate business management operations. Based on management practices it can be classified in a list of principles. Following the list of principles, most renowned organizations can control overall management activity smoothly. At a fundamental level, understanding functions of management activity will administrate to summarize the functions. As per the observations of Koronis and Ponis (2018), five management functions are “Planning, organizing, leading, staffing and controlling”. All of the principles have played an effective role in the management function of Netflix.

 

Figure 2: Milestone activity of Netflix from 2016-2020

(Source: Statista.com, 2022)

Considering Figure 2, it can be justified that Netflix has achieved a successful worldwide expansion with its effective streaming facility and service opportunity for its consumer. In the year of 2013, Netflix launched its first big-budget investment that created positive changes in the organization’s revenue. “House of Cards, Hemlock Grove, and Orange Is the New Black” these original shows have created a positive change to organizational success. On the other hand, at the end of 2014, Netflix reached a mutual advantage. Figure 2 has demonstrated that in 2016 Netflix consumed near about 89.1 million paid subscriptions based on a global context. in 2018 it increased to 139.3 million active users (Statista.com, 2022). Choice of different entertainment activities has assisted to create a strong consumer base. As per the suggestions of Havard (2021), COVID-19 has created an effect on organizational success. However, after a slowdown at the end of 2020, Netflix added more than an active subscriber of 8.5 million (Statista.com, 2022). At the end of 2020, this largest streaming multimedia platform contains 203.70 million paid subscribers around the world (Statista.com, 2022).

Task 2: Business Challenge for Netflix

I. Managing Yourself- Creativity

The battle of streaming giants is constantly increasing the innovation in selecting the most demanded and long waited series that holds the potential off grab attention. As per the observation of Zhao (2022), The best creativity of the streams is constantly creating better outcomes to grab the attention and creating better subscribers into their platform threw innovative strategies to greater the most adequate subscription projects assures the development of the projects. The price concern is essential and creating the most suitable subscription charges with the availability of effective films, series and shoes is necessary. As per the observation of Meng et al. (2022), the competition on these platforms is capacity increasing and the biggest competition of Netflix is Amazon prime. The price sentiments of the customers are constantly increasing as they are getting more options to stream their shows on the streaming platforms.

Focusing on the demands of customers and creating to most positive approaches to mitigate the challenges is essential for sustaining the battle of giant streaming platforms. Streaming the highest quality and most lasted shows on the platform is essential to beat the market competition and gain comparative advantages in business. As per the observation of Sun (2022), the constant change and adaptability to the market demand are essential in my opinion the market and customer behaviour are changing constantly and it rafts the change in subscription rates of Netflix. Netflix is once the giant market holder of streaming platforms, however now many new streaming platforms are introduced in the market.

 Suitable strategies for analysing the market demand as well as focusing on mitigating the gap in the market to create competitive advantages in business. As per the observation of Zhao (2022), streaming the shows first on Netflix and creating the most suitable and strong marketing strategies ensures the development of the business. Shows like Korean dramas as American series are highly in demand and adapting experts to ensure and analyse the hit shoes before launching and streaming on Netflix will effectively engage a higher number of customers worldwide. I feel Netflix is improving its customer services by trying to reduce the charges of the platform and conserving the adaptability of business and evaluating new and modern changes in the business. As per the observation of Havard (2021), providing the best services, best shows and most demanded and awaited series, movies and shows assure the development of the streaming platform. However, analysing the market competition and importing networks to beat its competitors ensures better outcomes in business by mitigating the risk factors.

II. Managing Yourself- Decision-Making

One of the biggest concerns of the Netflix is growing competition in business in the global market. Netflix was considered a pioneer of the streaming sector before now the market is adapting to changes and new platforms are being introduced as a result Netflix requires to adequately nail the demand of the market and needs to focus on the challenges in the market. As per the observation of Chyhryn et al. (2020), the biggest challenge for the business Netflix is creating the best subscription packed in business. Competitors of Netflix are creating market competition for the business. Strategies and brand promotion is a vital steps for spreading awareness of the business in the international market. As per the observation of Cosmulese et al. (2019), choosing the most appropriate shows in the platform and streaming on the right time holds the potential to improve sales and engagement of customers and shareholders in the market.

 Experiment selection of series, movies and shoes is the demand for development, thought advice of expects he’s the business to anise the outcomes of the chosen shows in the market. the prediction of market response in the initial stages assures better streaming and attracts more customers to a business. The contribution of business in creating Opportunities for the customer to vote for the most demanded showed is the best step to analyse the actual demand of customers in the market. Based on the votes, the business will analyse and select the most appropriate shows on the platform. As per the observation of Caputo et al. (2018), fulfilling the demand of customers is the key to success in business.

The streaming business of Netflix needs to present the shows as fast as they can it will assure the advantages to customer retention in business and provides the most suitable market for the future. The facilities of steaming the programs on each device and assuring the lag in vital step as it improves the experiences of the customer and motivates others to subscribe to the streaming platform on Netflix

Creating discounts for existing customers is a great decision by Netflix, in my opinion, the customers will feel that the business cares for their customers as a result they \will become loyal subscribers to the business. Loyal customers ate the assets for business as they create the best opportunity by assisting the customer loyalty for a lifetime and encouraging and proteomes brand in the market by word of mouth promotion. Customer satisfaction assures better market penetration of business and influences more customer engagement in business.

Task 3: Potential Impact of Netflix Managers’ Emotional Intelligence on Employee Engagement and Organizational Performance

Impact of Emotional Intelligence on employee engagement

Employee engagement in an organization is one of the effective strategies that developed the operational activity of an organization. Multiple leaders are able to enhance business operations by investing time and effort to manage overall teamwork activity and achieve an opportunity to meet organizational goals. As per the observations of Nixon (2019), multiple valid, reliable and measurable tools are quite suitably fitted in cases of measuring “Emotional Intelligence (EI)” in a workplace.

Effective management commences with knowing the ability of the manager of Netflix. Recognizing the strengths and weaknesses of a manager is the commencement of self-knowledge. However, as suggested by Heinz et al. (2021), activity of understanding self-evaluation has been treated as a term of “self-perception“. On the other hand, self-expression is another activity of a manager that is also able to express feelings of a manager and find out importance of employee engagement in project operations. As suggested by Votto et al. (2021), “stress management and decision-making” approaches are also considered an effective strategy that the manager of Netflix should apply. However, EI has played an effective role to develop positive change in organizations, which has also assisted to increase productivity and consumer base of Netflix.

Employee engagement in Netflix will increase service opportunities for its consumers along with it also assisting in developing the work culture of Netflix. Employee engagement operations have created multiple transformations in different sectors such as consumer relationships and the impact on the company’s profit margin. As per the suggestions given by Heinz et al. (2021), a survey report conducted based on employee activity at Netflix has emanated that, transparency & guiltlessness are the most important significances to Netflix employees hence, this 92% of employees are scornful to be a part of Netflix. However, employees at Netflix who are highly concerned and engaged in the service opportunity sector will be able to increase streaming facilities with more than 43% productivity. As proposed by Vogel et al. (2021), having engaged appropriate employees will create changes in top-line to bottom-line profitability of organizations. Additionally, a recent study report has concluded that nearly 64 organizations based in the UK engaged employees to achieve twice their annual income. Engaging effective employees and providing better customer service is one of the easiest ways to grab consumers and achieve realistic expectations of the company.

Impact of Emotional Intelligence on Netflix’s performance

Employee engagement and EI function are quite relatable and it also improved different skills such as leadership activism that enable control of overall employee engagement operations. As proposed by Nascimento et al. (2020), the method of Netflix has applied multiple opportunities and high-performance work cultures that have also created a positive effective organization’s work culture. According to a viewpoint of leaders of Netflix project operations, mission statement and culture of organizations demonstrate values and support to commence a big deal in a global context (Heinz et al. 2021). In simple terms, it can be justified that people having a higher level of EI and better relationships with social culture including management are shifting to an unclog concept of emotional intelligence that may influence an employee’s interpretation of organizations.

 

Figure 3: Revenue generated through effective performance in 2013-2022

(Source: Statista.com, 2022)

Netflix is also serendipitous in multiple original shows such as “Bridgerton” and “Stranger Things,” and such tv shows like “Squid Game” have also created positive changes and assisted to accumulate a high scale of revenue. Figure 3has demonstrated that the global revenue of this multinational company has increased based on effective support of the paid consumer. In third quarter of 2020, Netflix accumulated revenue of 6,435.64 million US dollars. However, in the third quarter of 2021, it increased to 7,483.47 million US dollars (Statista.com, 2022). Currently, at the end of the third quarter of 2022, Netflix is able to yield total revenue of 7.93 billion US dollars, which is more than 15% compared to previous year’s revenue (Statista.com, 2022). It can be justified that, revenue of this multinational company has increased day by day. As per the observations of Fagerjord and Kueng (2019), stakeholder activity and spending over multiple sectors along with different long-term activities have supported Netflix to generate a high scale of revenue in a further year.

Supports of 208 million active subscribers and presence in more than 190 countries have effectively administered to get a higher rank in streaming industry (Alm, 2021). Following trends and business models are considered their major ability to define a successful environment. First b; a block of Netflix’s business model is compiled with customer segmentation. on the other hand, the values of the proposition are considered as the second phase of their business model which mentioned high-quality streaming activity over a device that is connected to an internet connection. As suggested by Davis (2021), a streaming platform defines key areas that create consumer relationships for the better development of organizations.

Task 4: The Alignment of Netflix Values and Management Practice

i. Managing Resilience of Netflix’s

real values of Netflix are shown by specific behaviors and service facilities offered to its consumer. Following the period Netflix needs to understand the environment and culture of the company. However, large streaming industries rolled out different integration strategies in order to maintain the resilience of the company. As per the observation of Havard (2021), seven different internal and external resilience factors of a company include different methods such as, “Confidence, connection, character, contribution, coping, control and Competence”.

 

Figure 4: Positive factors to building resilience

(Source: Self-created)

Following Figure 4, competence is considered as the ability of Netflix to show how a company will manage stressful situations by using different alternative skills. However, Netflix offered a stressful deal to their consumer; as a result, it provided multiple opportunities to practice those effective skill sets (Lotz et al. 2022). On the other hand, confidence is rooted in terms of competence. A manager of this organization must endure that, self-confidence is considered a strength that is quite necessary to highly motivate other employees to meet challenges and meet the organization’s goal. As suggested by Welden and Besel (2022), connections with multiple companies and other streaming platforms contain a stronger sense of security and a sense of belonging. However, the character is the stronger base that meets self-confidence. Character of this multinational company touches the value of the company and the attitude towards work culture and management practices of this company.

According to the viewer of Gouleti et al. (2020), contribution to society considers a personal experience that contributes to the better development of organizations. the contribution will effectively be willing to increase brand opportunity and make a unique choice that creates a sense of humor to explore new generation theory and concepts. However, it can state that the operational activity of this multinational company will be able to meet consumer demand and need. Netflix is one of the largest streaming platforms in the world that chased multiple obstacles and uptime for future development. Considering different internal operations, it can justify that internal; operations and deployment of new technology and service opportunities to their consumers is quite difficult and has created a negative effect. On the other hand, as proposed by Markham et al. (2019), following the trend and adoption of multiple technological considerations will increase the consumer base and market size in which Netflix serves its operations.

A common statement of resilience of this multinational company refers to the effective culture and performance skill set. As proposed by Sánchez-Mompeán (2021), the culture and freedom of Netflix are willing to remove different sorts of risks and support cultural activity. After COVID-19, the needs and demands of its consumers show a centralized capability that emphasizes residence. However, Netflix has promised to increase resilience by using resilience risk management theory practices in the context of organizational culture (Heinz et al. 2021). Based on the context of resilience and risk management of the organization employees of this multinational company are liable to make justified decision-making approaches to meet major demand goals of the organization. However, as proposed by Votto et al. (2021), the standardized procedure to this authorizes management activity to correlate these various types of assets’ resilience of Netflix.

ii. Managing Relationships – Stakeholders

The management of the business is entirely dependent on the engagement of shareholders and stakeholders of the business. The constant change in the market can affect the business’s final stability at any stage. Improvement of shareholders and stakeholders assures the funding of businesses to implement better strategies. As per the observation of Pererva et al. (2021), managing a healthy relationship with the shareholders is essential therefore assuring the returns in business in future is vital for the development of business. Comp0ny follow the conifer is shareholders and stakeholders in the business as it ensures the development of the business as well as the satisfaction of shareholders. Considering the sanction of shareholders by providing the best market values in return assure better engagement of shareholders in the business. Relationship between stakeholder acquisitions and the firm’s routine relies on the intricate interplay between inner complementarities and outer contingencies.

 

Figure 5: Stakeholders interest and influence

(Source: Studocu.com, 2022)

Trust communication and understanding ate the most vital aspect of holding more shareholders in the business of Netflix. Netflix’s brand valuation is high in the market shower completion in the business is effective to change in the business. As per the observation of Ruwanti et al. (2019), The implementation of potential strategies in business contributes to the transformation of the entire business development process and assumes higher profit values in the market. The higher outcomes in revenue collection on business promote encouraging more customers in business. Promoting better prospects to the shareholders and maintaining trust and loyalty encourages brand valuation in marker and the business enjoys financial support from the shareholders in the business. At any change, a business faces risk and challenges in the economical balance the support of the shareholders holds the p[potential to uplift the entire situation and mitigate the crisis of business.

iii. Managing Relationships – Conflict and Negotiation

The streaming business of Netflix is once a pioneer of business and the competitors of the market were now creating charges for the business. To mitigate the risk factors and mature the suitability and priority of Netflix Company needs to manage the conflict and negotiation strategies with the business. As per the observation of Almagtome et al. (2020), Negation is vital in business as decreasing the minimum percentage of share price affects the collection of huge revenue. Sourcing the best shows first in the giant flap is the most vital step for the business to manage the competition. As per the observation of Bhaduri et al. (2019), the skills of managers to communicate the most affinity ensures the final deal. Each series and movie changes an amount to prove the right to Netflix for streaming their shoes in the round the shoe holds some amount or share of views.

Potential negotiation skills of the management team are vital at this stage as it affects the entire revenue collection of the business. To influence more customers the business is creating better subscription pancakes in business, as a result, it creates completion on the giant streaming market. Each streaming sector is focusing on creating the best sourcing for their customer. The deal of selecting the most demanded shows at the best price possible is encouraging customers towards the business.

 

Figure 6: Negotiation

(Source: Davidwangel.com, 2022)

Problem-solving skill is vital for creating the best relationship with business deals, the positivity in communication skills is vital while negotiating in bunnies. The above figure shows that avoidance of pod conflict is the way to assures good business relations. The consideration of administrative decisions in the business Netflix creates the best outcomes in business by the support of lawsuits. Maia taking legal terms in business is vital as it avoids the chance of contract breach and assures the support of the law in future. The potential of the management team is the key to assuring the best suitable negotiation in business by amani9ng a healthy relationship IN business.

Business negotiation recreates a fundamental role in nowadays interaction world.  As per the observation of Li et al. (2018), Regardless of the interaction ranking and industrial sector of business every industry is instructed to come up with proper negotiation techniques to maximize its attraction. the business of Netflix creates the great approaches of negotiation the entire business is based on negotiation tactics used for gaining a competitive market in the field of technology. Reducing the conflict with innovative communications skills and business approaches is vital for assuring the deal of the most demanded shows and movies in the business Netflix. As per the observation of Caputo et al. (2019), in the competitive market of steaming business, the skills of the management to negotiate with the dealers and provide the best outcomes to the customers at the lowest price possible assures the suitable development of the business and creates the best processor for managing the financial flow in business and eliminating challenges and risk factors. As per the observation of Suchek et al. (2021), the value of interest-oriented negotiation techniques and the call for embracing an agile perspective when encountering apprehensions during the interchange negotiation is essential for influencing the best results in business.

iv. Managing Teams – Teamwork

Netflix holds over 12,000 employees in the business and it has more than 14 offices all over the world. The business follows the cultural values and works ethics to create the most positive outcomes in business. As per the observation of Mahaputra et al. (2021), the business Netflix gained millions of subscribers of giant screaming during the global lockdown. As per the observation of Paris et al. (2020), Netflix is considered one of the most extensive digital media business and entertainment organisations in the world. Netflix has also succeeded in several awards that praise its prestige of building a favourable work culture. Netflix ranked 4th position in Forbes for managing the most potential leadership business. Workers are nurtured to be great risk-takers and delegated to make the most promising decision for the suitability of the business. As per the observation of HARYONO et al. (2020), the atmosphere of the workplace is open for each employee to share and apply their knowledge in the development of the business, as a result, the business leads in the market and created the best reputation for the company.

 In the company, employees are satisfied in their workplace and constantly supported by the ethical and cultural leaders of the business. As per the observation of Trushkina et al. (2020), Employees are given credentials to the essential documents and data needed to formulate strategic programs that donate to the establishment of success. This initiative of the business stimulates creation at all levels of development and does not prohibit it at the executive level.

 

Figure 7: Netflix-culture

(Source: Venngage.com, 2022)

Team management is the most vital aspect of business and potential leaders of Netflix are conatantly creating appropriate strategies to influence the most positive atmosphere in the workplace. As per the observation of Ciulla (2020), the coordination and collaboration of business team members assures the best productivity in the business. Netflix is considered the opinion of the team members to create the best value for the business in the market. The coordination of the employees assures the sustainable development of business in the market. The ethical leaders of Netflix are constantly developing the skills in the employees to produce the best outcomes in business. As per the observation of Ahern and Loh (2020), Teamwork in the business allows each employee to contribute to creating the best outcomes in business and assures the most desirable goals of the business

Netflix hires the most skilled employees is not business and assembles them as a potential team to ensure the sustainability of a business. As per the observation of Bonsu and Twum (2018), Ethical and honest leaders of business are constantly motivating and encouraging their teams to create the best out of their knowledge and skill. The entire team of Netflix is collaborating with the team to analyse the risk factors in the business of Giana screening and create the best strategies to mitigate the risk factors of the business.

 Conclusion

This paper concludes the operational management of the Netflix business, the entire business of Netflix is one the pioneer of the giant streaming business. The competition in business is constantly increasing and analysing the risk factor and creating the most adequate decision in business creates the best opportunity in the business. The evaluation and adaptability of business are vital to ensure the suitability of business with the constant change of customer behaviour in the market. The business Netflix assures the development of revenue by creating the best work culture in business. The company holds 4th rank in Forbes for amazing the best ethical and cultural workplace.

Netflix is focusing on creating the best subscription packs for its customers to mitigate market challenges and gain customer engagement. Rushing the shows sooner on Netflix and developing the most appropriate and robust marketing strategies ensure the maturation of the business. The constant adaption of market requirements and creating the best communication skills in business helps the business to produce the best. Advertising more suitable possibilities to the shareholders and retaining trust and loyalty prompts brand valuation in a highly competitive market. Satisfaction of the shareholders encourages the financial structure of the business in managing the economic challenges as a result by maintaining trust with shareholders and providing the most adequate revenue in business issues best market for the business. The capability of the management to maintain the legal terms and structure with the final deal assures reduced risk of contract breaches in business.

 The ethical consideration of the business in creating the most suitable atmosphere for business development assures remarkable outcomes in business. The business focuses on hiring the best and most skilled employees in the workplace to ensure the best outcomes in business.  Netflix business appreciates the opinion of company employees and provides full freedom to the employees to create the most appropriate design. The ethical behaviour of leaders and cultural values are considered the most in the business of Netflix and assure it provides the best support to its employees by constantly encouraging the team to create the best.

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Appendix

Appendix 1: Student Marking Guide (Student Self-Evaluation)

 

Highlight in the rubric what level you believe you have met each task (fail, pass, merit, distinction)
 

Assignment task

   

Distinction (70 – 100%)

 

Merit (60 – 69%)

 

Pass (50 – 59%)

 

Fail (0 – 49%)

Explain why you feel you have met the task to the level you indicate (word count here is not part of

maximum word submission)

 

 

Task 1:

 

Identify Netflix’s Mission; Values and preferred style of management practice and critically assess the extent to which all three of these elements are aligned.

 

Support your arguments with reference to appropriate academic literature, case study materials and your independent research.

   

 

Very clear identification of the organisation’s Mission; Values and preferred style of management practice.

 

Highly credible references and/or sources used to back up information provided.

 

Very clear identification of the extent to which the student believes that the organisation’s Mission; Values and preferred management practice are aligned evidenced with very clear examples.

 

Student is clearly using the evidence- based theories and concepts presented in the module and is applying them to the case study.

 

Discussion is supported by strong evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

 

 

Clear identification of the organisation’s Mission; Values and preferred style of management practice.

 

Appropriate references and/or sources used to back up information provided.

 

Clear identification of the extent to which the student believes that the organisation’s Mission; Values and preferred management practice are aligned evidenced with clear examples.

 

Student is using the evidence-based theories and concepts presented in the module and is applying them to the case study.

 

Discussion is supported by evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

 

 

Adequate identification of the organisation’s Mission; Values and preferred style of management practice.

 

Adequate references and/or sources used to back up information provided.

 

Some identification of the extent to which the student believes that the organisation’s Mission; Values and preferred management practice are aligned evidenced with adequate examples.

 

Student has made some attempt to use the evidence-based theories and concepts presented in the module and apply them to the case study.

 

Discussion is supported by some evidence from academic literature; some aspects of the case study provided on the Hub and/or an element of the student’s independent research.

 

 

Limited or no identification of the organisation’s Mission; Values and preferred style of management practice.

 

Limited or no references and/or sources used to back up information provided.

 

Limited or no identification of the extent to which the student believes that organisation’s Mission; Values and preferred management practice are aligned evidenced with examples.

 

Student has made little or no attempt to use the evidence-based theories and concepts presented in the module and apply them to the case study.

 

Discussion is not supported by evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

I think I will get distinction in this section hence, I have to describe the in-depth value of Netflix. Along with that, the mission and vision of the company have also been described in this section.

 

 

 

 

Task 2:

 

Reflect on the ‘Battle of the    Streaming  Giants’ contained within the case study    materials.              How could     the             following management competencies and the manner       in       which management is practiced at Netflix enable it’s managers to deal with this challenge.

 

Managing Yourself Creativity

 

Managing Yourself Decision-Making

 

Support your arguments with reference to appropriate academic literature, case study materials and your independent research.

   

 

Very clear understanding of the business challenges that the organisation is facing.

 

Highly credible references and/or sources used to back up the business challenge.

 

Student is clearly using the evidence- based theories and concepts presented in the module to argue how management competencies such as creativity and decision making will enable the organisation’s managers to deal with the business challenge.

 

Discussion is supported by strong evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

 

 

Clear understanding of the business challenges that the organisation is facing.

 

Appropriate references and/or sources used to back up the business challenge.

 

Student is using the evidence-based theories and concepts presented in the module to argue how management competencies such as creativity and decision making will enable the organisation’s managers to deal with the business challenge.

 

Discussion is supported by evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

 

 

Adequate understanding of the business challenges that the organisation is facing.

 

Adequate references and/or sources used to back up the business challenge.

 

Student has made some attempt to use the evidence-based theories and concepts presented in the module to argue how management competencies such as creativity and decision making will enable the organisation’s managers to deal with the business challenge.

 

Discussion is supported by some evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

 

 

Limited or no understanding of the business challenges that the organisation is facing.

 

Limited or no references and/or sources used to back up the business challenges

 

Student has made limited or no attempt to use the evidence-based theories and concepts presented in the module to argue how management competencies such as creativity and decision making will enable the organisation’s managers to deal with the business challenge.

 

Discussion is not supported by some evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

In my opinion, I will get merit in Task 2. However, in this section, I have described an in-depth discussion in the context of Battle of the    Streaming Giants’. Different reflective models have also been described in this section.

 

 

 

Task 3:

 

Critically evaluate the potential impact of Netflix                   Managers’ Emotional Intelligence in promoting high levels of employee engagement and                 organisational performance.

 

Support your arguments with reference to appropriate academic literature, case study materials and your independent research.

   

 

 

Well considered critical evaluation of the extent to which the organisation’s managers’ emotional intelligence can promote high levels of employee engagement and organisational performance.

 

Very clear recognition of the potential positive impact of emotional intelligence on management practice as well the potential negative impact of a lack of emotional intelligence.

 

Highly credible references and/or sources used to provide justification for the student’s line of argument.

 

Very clear use of the evidence-based theories and concepts presented in the module to argue the extent to which they believe emotional intelligence is key to achieve high levels of employee engagement and organisational performance within the organisation’s current business context.

 

Discussion is supported by strong evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

 

 

 

Good critical evaluation of the extent to which the organisation’s managers’ emotional intelligence can promote high levels of employee engagement and organisational performance.

 

Clear recognition of the potential positive impact of emotional intelligence on management practice as well the potential negative impact of a lack of emotional intelligence.

 

Credible references and/or sources used to provide justification for the student’s line of argument.

 

Clear use of the evidence-based theories and concepts presented in the module to argue the extent to which they believe emotional intelligence is key to achieve high levels of employee engagement and organisational performance within the organisation’s current business context.

 

Discussion is supported by evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

 

 

 

Adequate critical evaluation of the extent to which the organisation’s managers’ emotional intelligence can promote high levels of employee engagement and organisational performance.

 

Some recognition of the potential positive impact of emotional intelligence on management practice as well the potential negative impact of a lack of emotional intelligence.

 

Some references and/or sources used to provide justification for the student’s line of argument.

 

Some use of the evidence-based theories and concepts presented in the module to argue the extent to which they believe emotional intelligence is key to achieve high levels of employee engagement and organisational performance within the organisation’s current business context.

 

Discussion is supported by some evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

 

 

 

Limited or no critical evaluation of the extent to which the organisation’s                       managers’ emotional intelligence can promote high levels of employee engagement and organisational performance.

 

Limited or no recognition of the potential positive impact of emotional intelligence on management practice as well the potential negative impact of a lack of emotional intelligence.

 

Limited or no references and/or sources used to provide justification for the student’s line of argument.

 

Limited or no use of the evidence- based theories and concepts presented in the module to argue the extent to which they believe emotional intelligence is key to achieve high levels of employee engagement and organisational performance                       within                       the organisation’s current business context.

 

Discussion is not supported by evidence or very limited evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

I feel like that, I will get distinction in this part. Hence, I have described EI&EQ with supporting evidence and data. It will support getting an over-depth idea about a certain topic.

 

 

Task 4:

 

Review Netflix’s ‘Real Values” and critically assess the extent to which they reflect the following management competencies:

 

Managing Yourself Resilience

 

Managing Relationships Stakeholders

 

Managing Relationships Conflict and Negotiation

 

Managing Teams Teamwork

 

Support your arguments with reference to appropriate academic literature, case study materials and your independent research.

   

 

Well considered critical assessment of the extent to which the organisation’s values are reflective of management competencies such as : resilience; stakeholder management; conflict management and negotiation and team management.

 

Very clear justification as to the student’s opinion on the extent to which they consider the organisation’s values to be reflective of the above.

 

Very clear use of the evidence-based theories and concepts presented in the module to argue and justify their opinion.

 

Discussion is supported by strong evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

 

 

Good critical assessment of the extent to which the organisation’s values are reflective of management competencies such as

:           resilience;            stakeholder management; conflict management and negotiation and team management.

 

Clear justification as to the student’s opinion on the extent to which they consider the organisation’s values to be reflective of the above.

 

Clear use of the evidence-based theories and concepts presented in the module to argue and justify their opinion.

 

Discussion is supported by evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

 

 

Adequate critical assessment of the extent to which the organisation’s values are reflective of management competencies such as

:           resilience;            stakeholder management; conflict management and negotiation and team management.

 

Some justification as to the student’s opinion on the extent to which they consider the organisation’s values to be reflective of the above.

 

Some use of the evidence-based theories and concepts presented in the module to argue and justify their opinion.

 

Discussion is supported by some evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

 

 

Limited or no critical assessment of the extent to which the organisation’s values are reflective of management competencies such as : resilience; stakeholder management; conflict management and negotiation and team management.

 

Limited or no justification as to the student’s opinion on the extent to which they consider the organisation’s values to be reflective of the above.

 

Limited or no use of the evidence- based theories and concepts presented in the module to argue and justify their opinion.

 

Discussion is not supported or supported by very limited evidence from academic literature; aspects of the case study provided on the Hub and/or the student’s independent research.

In this section, I will get a distinction mark. However, while conducting this research paper, I have realised multiple management activities related to organising an effective organisation.

 

 

 

Conclusion:

 

Provide a brief conclusion expressing your view as to whether Netflix’s ‘Real Values’ and its preferred management practice is likely to attract and retain top global talent within the entertainment media industry. Your view should be based on the extent to which Netflix’s ‘Real Values’ are likely to appeal                        potential employees with diverse backgrounds in the entertainment and media industry.

   

Well considered conclusion expressing the student’s view as to whether the organisation’s values and its preferred management practice is likely to attract and retain top global talent.

 

Very clear argument of the extent to which the student believes that the organisation’s values are likely to appeal to potential employees with very clear consideration of diverse groups.

 

Very clear explanation of why or why not this is the case backed up with very clear evidence from one or more credible sources.

 

Good conclusion expressing the student’s view as to whether the organisation’s values and its preferred management practice is likely to attract and retain top global talent.

 

Clear argument of the extent to which the student believes that the organisation’s values are likely to appeal to potential employees with clear consideration of diverse groups.

 

Clear explanation of why or why not this is the case backed up with very clear evidence from one or more credible sources.

 

Adequate conclusion expressing the student’s view as to whether the organisation’s values and its preferred management practice is likely to attract and retain top global talent.

 

Some argument of the extent to which the student believes that the organisation’s values are likely to appeal to potential employees with clear consideration of diverse groups.

 

Some explanation of why or why not this is the case backed up with very clear evidence from one or more credible sources.

 

Limited or no conclusion expressing the student’s view as to whether the organisation’s values and its preferred management practice is likely to attract and retain top global talent.

 

Limited or no argument of the extent to which the student believes that the organisation’s values are likely to appeal to potential employees with clear consideration of diverse groups.

 

Limited or no explanation of why or why not this is the case backed up with very clear evidence from one or more credible sources.

In the conclusion section, I will get merit, hence, multiple areas of the research report have not been considered, and the potentiality and validity of those data are quite confused.
 

 

Presentation and Referencing:

 

 

 

Presentation Referencing

   

 

Presentation:

The overall presentation of the report is highly professional. It adopts a consistent approach to headings, tables and graphs.

 

Referencing:

All sources are cited correctly alongside an extensive set of references presented in accordance with Harvard Reference System in alphabetical order. There is very clear evidence of extensive independent reading and research.

 

 

Presentation:

The overall presentation of the report is professional. It adopts a reasonably consistent approach to headings, tables and graphs.

 

Referencing:

The majority of sources are cited correctly alongside a complete set of references presented in accordance with Harvard Reference System in alphabetical order. There is clear evidence of a broad range of independent reading and research.

 

 

Presentation:

The overall presentation of the report is adequate. There are some inconsistencies in the approach to headings, tables and graphs.

 

Referencing:

Most of the sources are cited correctly alongside an adequate set of references presented in accordance with Harvard Reference System in alphabetical order. There is some evidence of independent reading and research.

 

 

Presentation:

The overall presentation of the report is inadequate. There are a large number of inconsistencies in the approach to headings, tables and graphs.

 

Referencing:

Many of the sources are cited incorrectly alongside inappropriate references. Many are irrelevant; incorrectly formatted of given the appearance that they have simply been copied from another source without having been accessed by the student.

In my opinion, the overall research study has been well structured and formatted by maintaining the guideline provided by the university. The appendix, table of content and other different sorts of elements have been well dec0rated in this report study.

 

Appendix 2: Regional percentage of Netflix subscribers

 

(Source: https://www.statista.com/statistics/483112/netflix-subscribers/)

 

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