The failure of Blockbuster and success of Netflix, lessons learned and others to learn

Abstract

While Netflix is †‹†‹not listed in the ranking of Great Places to Work, however, if it appears in small businesses that are popular for their employees, according to report by Linked in. Something that could never reach or thought to be glimpsed by Blockbuster, the leasing firm known games and VHS video cassettes and DVDs. There was a big difference between them to think about their future strategies in the way Blockbuster faced the arrival of the internet in every home, on mobile devices and easy access to streaming video movies. So in this case there are two characteristics: The business offered to the public attention at set times and had its hierarchical organizational structure, which had a limited segment of entrepreneurs who were in charge of this, with a vision impairment more Global business.

This article does not indicate that the failure of one ended up being the success of the other, but it raises a sign that he was the best one and the other may have acquired before arriving and even bankruptcy, the solution could They have been within their own employees that the company stopped in the streets. Without going any further, Netflix also was ranked by Forbes in the top 10 most innovative companies, the reasons: It produces original content and has major distribution deals with cable companies. He earned 31 Emmy Award nominations in 2014 thanks to its original programming.