complete

make four strategy objectives through tows table from this swot table

External Opportunities(O) External Threats (T) Further leverage consumer Suffer from technological data and gain more impactful penetration insights as technology and data mining techniques /processes evolve Internal Strengths(S) SO - MaxiMa. Strategy ST - Maxi Min Strategy 1- best at migration 2- succeeded without many public-facing hitches is, of course, a testament to the company's focus on cutting-edge technology. Internal Weaknesses(W) WO- MiniMax Strategy WT - MiniMin Strategy 1. Dependence on Internet service providers Strengths to Build Upon 1. Governance and Accountability: Questions to consider. Are key IT decisions made by the proper group of individuals? Is this decision making process sufficiently formalized? 1. they created a culture that is so used to autonomy in the decision-making process 2. senior leaders empower employees to use wise judgment in all their actions which means that employees from all levels have access to information, other decisions, and ideas. https://www.forbes.com/sites/danpontefract/2019/02/04/the-netflix-decision-making-model-is-why-theyre-so- successful/?sh=7b65e38773bc 2. IT/Business Alignment Questions to consider. Does IT management have a sound understanding of the company strategy and direction? Does senior management know what it is doing and why? 1. Allignment is there and it can fulfil business requirements and be aligned with the business strategy 2.there is harmony from top management till the customer there is harmony especially between co-workers 3.As stated before senior leaders and employees work together in the company https://www.rhythmsystems.com/blog/bid/106857etflix-a-lesson-in-mis-alignmen 3. IT Skill Sets and Performance Questions to consider. What is the IT department best at? What aspects of IT is the organization most proud of? 1. moving to cloud and building scalable robust infrastructure on AWS 2.best at migration 3. succeeded without many public-facing hitches is, of course, a testament to the company's focus on cutting-edge technology. https://insights.dice.com/2020/08/31etflix-top-15-technology-skills-jobs-it-wants/ 4. Process and Project Management Questions to consider. Are routine IT tasks formally scheduled and assigned to staff members? What percentoge of IT projects are properly scoped out ond delivered on time? 1.45 percent of the employee's activities are automated by adopting current technologies https://www.mckinsey.com/"/media/mckinsey/business%20functions/mckinsey%20digital/our%20insights/introducing%20the%20next- generation%20operating%20model/introducing-the-next-gen-operating-model.ashx 5. Budget Performance 5. Budget Performance Questions to consider: Have you been able to effectively 'do more with less'? Con increased IT expenditures be tied to increases in company revenue or reduced operating expenses? 1.depnding heavily on orchestration and automation 2. developed an ecosystem for internet connected screens and have added increasing amounts of content that enable consumers to enjoy entertainment directly on the customer internet connected screens. As a result of these efforts, they have experienced growing consumer acceptance of, and interest in the delivery of streaming entertainment. https://www.annualreports.com/HostedData/Annual Reports/PDF/NASDAQ_NFLX_2019.pdf Weaknesses to Eliminate 1. Governance and Accountability: Questions to consider. Are key IT decisions made by the proper group of individuals? Is this decision making process sufficiently formalized? 1. IT decision is not completely made by the IT group, changes and decision can be controlled by another employee's 2. The company's culture is not for everybody which means that the IT group should accept judgment from other employees 2. IT/Business Alignment Questions to Consider Does IT management have a sound understanding of the company strategy and direction? Does senior management know what IT is doing and why? 1. Imitable business model internal strategic factor that weakens the business 2.there is room for error https://www.rancord.orgetflix-swot-analysis-internal-external-strategic-factors 3. IT Skill Sets and Performance Questions to consider. What tasks or projects does the IT department struggle with the most? What aspects of IT does the department receive the most criticism for 1. Dependence on Internet service providers 2. https://www.rancord.orgetflix-swot-analysis-interna external strategic-factors Process and Project Management Questions to consider: Are routine IT tasks formally scheduled and assigned to staff members? What percentage of IT projects are properly scoped out and delivered on time? Do project managers have sufficient training and tools to effectively do their jobs? 1. its only 45% of the employee's activities are automated by adopting current technologies its should be 75% at least so it can keep up with the market 2. Even though Netflix is huge company Netflix users and hacked accounts increased in the first six months in 2020 and they reduced the IT support hours that means that there is shortage in IT tasks scheduling https://bstrategyhub.com/swot-analysis-of-netflix-2019-netflix-swot-analysis/ 5. Budget Performance Questions to consider: What percentage of IT expenditures is not easily associated new IT initiatives or projects that are driving the business forward? Are there underutilized IT stoff or assets? 1. Increasing Debt 2.Netflix provide free account for their employees to help them understand the customer more but workers in Netflix lack the communication skill with the customer https://books.google.com.bh/books?id=EeDXCQAAQBAJ&pg=PT140&lpg=PT140&dq=Are+there +underutilized+IT+staff+or+assets?+in+netflix&source=bl&ots=SzRcZLMx3c&sig=ACAU 3U3Nmzlx PV_CB1qgYM1ljg5tyafDzg&hl=en&sa=X&ved=2ahUKEwj6mDure3tAhXz4uAKHDNzBckQ6AEwCX OECAEQAg#v=onepage&q=Are%20there%20underutilized%2011%20staff%20or%20assets%3F%2 Oin%20netflix&f=false Opportunities to Exploit Governance and Accountability: Questions to consider. Is senior management awareness of IT increasing? Is improving governance a high organizational priority? 1. Netflix awareness is growing quickly 2.Netflix is constantly aware of IT development and tries to limit IT issues that happens within the company itself like hacking and so on 2. IT/Business Alignment Questions to consider: Are senior management or business unit leaders approaching IT with ideas about the use of new technologies? Does IT management participate in corporate strategic planning and budgeting? 1. Netflix has been able to use technology to deliver its business objectives effectively. 2. Netflix is transforming itself from physical business to global digital content powerhouse with the help of both busines team and the technology team https://inform.tmforum.org/features-and-analysis/2017/03/digital-transformation-can-learn- netflix/ 3. IT Skill Sets and Performance Questions to consider. Do current IT stoff have untapped skills that would allow an easy migration to new hardware or software? Are there opportunities to reorganize IT staff assignments to better leverage individual strengths? 1. Netflix only hires the bests of the best with people who work there are constantly evolving by letting employees learn from each other to help the interest of the company 2. Further leverage consumer data and gain more impactful insights as technology and data mining techniques/processes evolve 4. Process and Project Management Questions to consider: Are there opportunities to automate more IT tasks? Do project managers have sufficient training and tools to effectively do their jobs? 1. Technological advancement (VR, 4K etc.) present new revenue streams and ways to deliver content 2. 5. Budget Performance Questions to consider: Can IT spending be reduced or better directed through the use of outsourcing certain IT functions? Are hardware and software assets properly accounted for and managed from a cost standpoint? 1. IT spending can be reduced, and recourses can be directed if some fields were outsourced. Specially some IT functions like Service Desk. Because doing this will let the company focus what the IT functions that drives the business, 2. Threats to Mitigate 1. Governance and Accountability: Questions to consider. Are IT decisions made without the input of IT management? Does IT management resist building relationships with other business units? 1. Few barriers 2. Unlike most of companies in the size of Netflix, Netflix is based on a borderless management approach, due to the fact the borderless approach the management can get chaotic and prone to data leakage across different department 2. IT/Business Alignment Questions to consider. Does IT have a difficult time making a business case for new IT investments? Is IT viewed as strictly a cost center by senior management? 1. Difficult to make a business case for investments since the company is in major debt 2. Most of the company's expenses is from the IT department 3. IT Skill Sets and Performance Questions to consider. Does your IT stoff possess a high proportion of outdoted or unusable skills? Are low IT staff morale and burnout a concern? Is retention of key IT stoff difficult? 1.IT staff still can keep up with the new technologies that is why they are still having hacking attempts 2.Suffer from technological penetration 4. Process and Project Management Questions to consider: is your stoff able to bolonce project assignments with day-to-day tasks and firefighting? Are existing and proposed projects formally prioritized? 1. Hard to mange day to day tasks as their day is mostly consists of meetings etc... 2.projects are a priority which means that workers are hardly finishing their tasks 5. Budget Performance Questions to consider. Is the IT department mondated to reduce its budget? Does IT need to justify its existence? 1.Netflix spends 1.58 on the IT department and they must reduce their budget, but Netflix is forced to spend a lot on the IT department being a digital platform External Opportunities(O) External Threats (T) Further leverage consumer Suffer from technological data and gain more impactful penetration insights as technology and data mining techniques /processes evolve Internal Strengths(S) SO - MaxiMax Strategy ST - MaxiMin Strategy 1- best at migration 2- succeeded without many public-facing hitches is, of course, a testament to the company's focus on cutting-edge technology. Internal Weaknesses(W) WO - MiniMar Strategy WT - MiniMin Strategy 1. Dependence on Internet service providers External Opportunities(O) External Threats (T) Further leverage consumer Suffer from technological data and gain more impactful penetration insights as technology and data mining techniques /processes evolve Internal Strengths(S) SO - MaxiMa. Strategy ST - Maxi Min Strategy 1- best at migration 2- succeeded without many public-facing hitches is, of course, a testament to the company's focus on cutting-edge technology. Internal Weaknesses(W) WO- MiniMax Strategy WT - MiniMin Strategy 1. Dependence on Internet service providers Strengths to Build Upon 1. Governance and Accountability: Questions to consider. Are key IT decisions made by the proper group of individuals? Is this decision making process sufficiently formalized? 1. they created a culture that is so used to autonomy in the decision-making process 2. senior leaders empower employees to use wise judgment in all their actions which means that employees from all levels have access to information, other decisions, and ideas. https://www.forbes.com/sites/danpontefract/2019/02/04/the-netflix-decision-making-model-is-why-theyre-so- successful/?sh=7b65e38773bc 2. IT/Business Alignment Questions to consider. Does IT management have a sound understanding of the company strategy and direction? Does senior management know what it is doing and why? 1. Allignment is there and it can fulfil business requirements and be aligned with the business strategy 2.there is harmony from top management till the customer there is harmony especially between co-workers 3.As stated before senior leaders and employees work together in the company https://www.rhythmsystems.com/blog/bid/106857etflix-a-lesson-in-mis-alignmen 3. IT Skill Sets and Performance Questions to consider. What is the IT department best at? What aspects of IT is the organization most proud of? 1. moving to cloud and building scalable robust infrastructure on AWS 2.best at migration 3. succeeded without many public-facing hitches is, of course, a testament to the company's focus on cutting-edge technology. https://insights.dice.com/2020/08/31etflix-top-15-technology-skills-jobs-it-wants/ 4. Process and Project Management Questions to consider. Are routine IT tasks formally scheduled and assigned to staff members? What percentoge of IT projects are properly scoped out ond delivered on time? 1.45 percent of the employee's activities are automated by adopting current technologies https://www.mckinsey.com/"/media/mckinsey/business%20functions/mckinsey%20digital/our%20insights/introducing%20the%20next- generation%20operating%20model/introducing-the-next-gen-operating-model.ashx 5. Budget Performance 5. Budget Performance Questions to consider: Have you been able to effectively 'do more with less'? Con increased IT expenditures be tied to increases in company revenue or reduced operating expenses? 1.depnding heavily on orchestration and automation 2. developed an ecosystem for internet connected screens and have added increasing amounts of content that enable consumers to enjoy entertainment directly on the customer internet connected screens. As a result of these efforts, they have experienced growing consumer acceptance of, and interest in the delivery of streaming entertainment. https://www.annualreports.com/HostedData/Annual Reports/PDF/NASDAQ_NFLX_2019.pdf Weaknesses to Eliminate 1. Governance and Accountability: Questions to consider. Are key IT decisions made by the proper group of individuals? Is this decision making process sufficiently formalized? 1. IT decision is not completely made by the IT group, changes and decision can be controlled by another employee's 2. The company's culture is not for everybody which means that the IT group should accept judgment from other employees 2. IT/Business Alignment Questions to Consider Does IT management have a sound understanding of the company strategy and direction? Does senior management know what IT is doing and why? 1. Imitable business model internal strategic factor that weakens the business 2.there is room for error https://www.rancord.orgetflix-swot-analysis-internal-external-strategic-factors 3. IT Skill Sets and Performance Questions to consider. What tasks or projects does the IT department struggle with the most? What aspects of IT does the department receive the most criticism for 1. Dependence on Internet service providers 2. https://www.rancord.orgetflix-swot-analysis-interna external strategic-factors Process and Project Management Questions to consider: Are routine IT tasks formally scheduled and assigned to staff members? What percentage of IT projects are properly scoped out and delivered on time? Do project managers have sufficient training and tools to effectively do their jobs? 1. its only 45% of the employee's activities are automated by adopting current technologies its should be 75% at least so it can keep up with the market 2. Even though Netflix is huge company Netflix users and hacked accounts increased in the first six months in 2020 and they reduced the IT support hours that means that there is shortage in IT tasks scheduling https://bstrategyhub.com/swot-analysis-of-netflix-2019-netflix-swot-analysis/ 5. Budget Performance Questions to consider: What percentage of IT expenditures is not easily associated new IT initiatives or projects that are driving the business forward? Are there underutilized IT stoff or assets? 1. Increasing Debt 2.Netflix provide free account for their employees to help them understand the customer more but workers in Netflix lack the communication skill with the customer https://books.google.com.bh/books?id=EeDXCQAAQBAJ&pg=PT140&lpg=PT140&dq=Are+there +underutilized+IT+staff+or+assets?+in+netflix&source=bl&ots=SzRcZLMx3c&sig=ACAU 3U3Nmzlx PV_CB1qgYM1ljg5tyafDzg&hl=en&sa=X&ved=2ahUKEwj6mDure3tAhXz4uAKHDNzBckQ6AEwCX OECAEQAg#v=onepage&q=Are%20there%20underutilized%2011%20staff%20or%20assets%3F%2 Oin%20netflix&f=false Opportunities to Exploit Governance and Accountability: Questions to consider. Is senior management awareness of IT increasing? Is improving governance a high organizational priority? 1. Netflix awareness is growing quickly 2.Netflix is constantly aware of IT development and tries to limit IT issues that happens within the company itself like hacking and so on 2. IT/Business Alignment Questions to consider: Are senior management or business unit leaders approaching IT with ideas about the use of new technologies? Does IT management participate in corporate strategic planning and budgeting? 1. Netflix has been able to use technology to deliver its business objectives effectively. 2. Netflix is transforming itself from physical business to global digital content powerhouse with the help of both busines team and the technology team https://inform.tmforum.org/features-and-analysis/2017/03/digital-transformation-can-learn- netflix/ 3. IT Skill Sets and Performance Questions to consider. Do current IT stoff have untapped skills that would allow an easy migration to new hardware or software? Are there opportunities to reorganize IT staff assignments to better leverage individual strengths? 1. Netflix only hires the bests of the best with people who work there are constantly evolving by letting employees learn from each other to help the interest of the company 2. Further leverage consumer data and gain more impactful insights as technology and data mining techniques/processes evolve 4. Process and Project Management Questions to consider: Are there opportunities to automate more IT tasks? Do project managers have sufficient training and tools to effectively do their jobs? 1. Technological advancement (VR, 4K etc.) present new revenue streams and ways to deliver content 2. 5. Budget Performance Questions to consider: Can IT spending be reduced or better directed through the use of outsourcing certain IT functions? Are hardware and software assets properly accounted for and managed from a cost standpoint? 1. IT spending can be reduced, and recourses can be directed if some fields were outsourced. Specially some IT functions like Service Desk. Because doing this will let the company focus what the IT functions that drives the business, 2. Threats to Mitigate 1. Governance and Accountability: Questions to consider. Are IT decisions made without the input of IT management? Does IT management resist building relationships with other business units? 1. Few barriers 2. Unlike most of companies in the size of Netflix, Netflix is based on a borderless management approach, due to the fact the borderless approach the management can get chaotic and prone to data leakage across different department 2. IT/Business Alignment Questions to consider. Does IT have a difficult time making a business case for new IT investments? Is IT viewed as strictly a cost center by senior management? 1. Difficult to make a business case for investments since the company is in major debt 2. Most of the company's expenses is from the IT department 3. IT Skill Sets and Performance Questions to consider. Does your IT stoff possess a high proportion of outdoted or unusable skills? Are low IT staff morale and burnout a concern? Is retention of key IT stoff difficult? 1.IT staff still can keep up with the new technologies that is why they are still having hacking attempts 2.Suffer from technological penetration 4. Process and Project Management Questions to consider: is your stoff able to bolonce project assignments with day-to-day tasks and firefighting? Are existing and proposed projects formally prioritized? 1. Hard to mange day to day tasks as their day is mostly consists of meetings etc... 2.projects are a priority which means that workers are hardly finishing their tasks 5. Budget Performance Questions to consider. Is the IT department mondated to reduce its budget? Does IT need to justify its existence? 1.Netflix spends 1.58 on the IT department and they must reduce their budget, but Netflix is forced to spend a lot on the IT department being a digital platform External Opportunities(O) External Threats (T) Further leverage consumer Suffer from technological data and gain more impactful penetration insights as technology and data mining techniques /processes evolve Internal Strengths(S) SO - MaxiMax Strategy ST - MaxiMin Strategy 1- best at migration 2- succeeded without many public-facing hitches is, of course, a testament to the company's focus on cutting-edge technology. Internal Weaknesses(W) WO - MiniMar Strategy WT - MiniMin Strategy 1. Dependence on Internet service providers