Analysis Of Netflix, Amazon, And The Walt Disney Company

Innovation now a day is what makes businesses more and more successful. Without innovation, companies like Netflix, Amazon, and the Walt Disney Company would not be the big-name brands like they are today. These three companies are perfect examples of innovating the market spaces such as entertainment and online shopping. In this paper, the following will be discussed: organization’s culture, processes, management systems, how these companies capitalize on innovation, what stifles innovation, and applying the things learned from other companies and applying into a future business. Culture, Processes, and Management Style This section of the paper will be discussing the culture, processes, and management styles of the following†¦show more content†¦Employees are given freedom to be innovative as they are not constantly being graded on their performance. Expression without boundaries, creates innovation and teamwork among the employees. Employees stay with the company longer, promoting brand loyalty and the employees look for ways make the company grown. (Frey, 2016; Hastings, 2009; Mui, 2011, Pomerantz, 2014; Staff, 2017; Stenovec, 2015) Amazon Amazon is the biggest e-commerce in the world, with products like Amazon Prime and the Kindle. Their products allow for customers to shop in the comfort of their houses, streaming movies and TV shows, along with having a tablet to download electronic books on. Working for Amazon the pressure is intense, since they want to continually be one of the biggest innovated companies out there. The culture at Amazon is not supportive. Employees are expected to work long hours and give 100 percent of themselves to promote the success of the company. Amazon believes pushing its employees to their limits bring innovation and success. Employee turnover is very high as employees are pitted against one another and constantly reviewed for their performance. With a high employee turnover, new people with new innovative ideas are always coming into the company. This is one way the company believes it stays ahead in the marketplace. Since Amazon has such a high innovation goal, they hit the target in the three processes of innovation, which are sustained, expand,Show MoreRelatedWalt Disney Company : The Quest For Competitive Advantage1144 Words   |  5 Pages The Walt Disney Company, a company that every person from ages four to ninety-four know. Some people believe Disney is just a company that creates new characters and movies for their children to grow up with, however; they are expanded their horizons throughout the years. Today, Walt Disney is diversified in the media and entertainment industry. These include theme parks and resorts, motion picture production, and a various number of television networks. 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