Netflix and Core Competency September 20, 2011 Change in due date • First team paper due 10/6, NOT 10/4 as stated in syllabus Core Competency • Particular strengths you have that others don’t • Criteria • It provides consumer benefits • It is not easy for competitors to imitate • I t can be leveraged widely to many products and markets. • Technical/subject matter/relationships/ culture Identify Core Competencies • Identify strategic intent • 4 key questions to i.d. core competencies that support this strategy Questions • How long could we dominate our business if we didn’t control this competency? • What future opportunities would we lose without it? • Does it provide access to multiple markets? • Do customer benefits revolve it? Examples Disney Parks and Resorts • Animatronics and show design • Themes and atmospheric attractions • Efficient operation of theme parks Disney Parks and Resorts • Animatronics and show design • Mary Poppins (1963) • Remy Disney Parks and Resorts • Themes and atmospheric attractions Disney Parks and Resorts • Efficient operation of theme parks Disney Parks and Resorts • Efficient operation of theme parks Netflix Core Competencies • ? • Based on your team’s option – Identify core competencies – Brief written description of how each is a competency (based on the 3 criteria identified in class) – Due 9/27
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