More Subjects
Influence of Culture in an Organization
Your Name (First M. Last)
School or Institution Name (University at Place or Town, State)
Influence of Culture in an Organization
1.
The culture of Netflix lies at the very heart of prioritizing people over process. The generous offerings to the employees as an expense policy and incentives as unlimited holidays. The corporation places the essential significance on the virtue of teamwork and refraining from discriminating against any employee ADDIN ZOTERO_ITEM CSL_CITATION {"citationID":"XyrMdNzC","properties":{"formattedCitation":"(Books, Podcasts, Management, & America, n.d.)","plainCitation":"(Books, Podcasts, Management, & America, n.d.)","noteIndex":0},"citationItems":[{"id":397,"uris":["http://zotero.org/users/local/yvjivw9i/items/WINK4W2I"],"uri":["http://zotero.org/users/local/yvjivw9i/items/WINK4W2I"],"itemData":{"id":397,"type":"webpage","title":"How Netflix Built a Culture of 'Freedom and Responsibility'","container-title":"Knowledge@Wharton","abstract":"Patty McCord, former chief talent officer at Netflix and an architect of the company’s famous Culture Deck, explains the principles in her book, ‘Powerful.’","URL":"https://knowledge.wharton.upenn.edu/article/how-netflix-built-its-company-culture/","language":"en","author":[{"family":"Books","given":""},{"family":"Podcasts","given":""},{"family":"Management","given":"Strategic"},{"family":"America","given":"North"}],"accessed":{"date-parts":[["2019",5,21]]}}}],"schema":"https://github.com/citation-style-language/schema/raw/master/csl-citation.json"} (Books, Podcasts, Management, & America, n.d.). The core cultural values of Netflix are communication, integrity, innovation, judgment, selflessness and curiosity.
2.
The cultural components which pave the way for innovation are the unique and transparent cultural values practiced in the organization. For instance, several reports have highlighted accountability and honesty as crucial issues for the company. Sunshining is the process which encourages employees to share flaws with others which is an explicit illustration to inculcate innovation.
3.
The firing policy pursued by Netflix appears radical and abrupt. Employees can be forced to resign by terming them inappropriate for growing marketing trends and needs. It is a prominent cultural component impeding the advent of innovation as the employees may feel insecure despite efficiency ADDIN ZOTERO_ITEM CSL_CITATION {"citationID":"A5qVpGmd","properties":{"formattedCitation":"(McCord, 2014)","plainCitation":"(McCord, 2014)","noteIndex":0},"citationItems":[{"id":401,"uris":["http://zotero.org/users/local/yvjivw9i/items/IAAF8B6L"],"uri":["http://zotero.org/users/local/yvjivw9i/items/IAAF8B6L"],"itemData":{"id":401,"type":"article-magazine","title":"How Netflix Reinvented HR","container-title":"Harvard Business Review","issue":"January–February 2014","source":"hbr.org","abstract":"Trust people, not policies. Reward candor. And throw away the standard playbook.","URL":"https://hbr.org/2014/01/how-netflix-reinvented-hr","ISSN":"0017-8012","author":[{"family":"McCord","given":"Patty"}],"issued":{"date-parts":[["2014",1,1]]},"accessed":{"date-parts":[["2019",5,21]]}}}],"schema":"https://github.com/citation-style-language/schema/raw/master/csl-citation.json"} (McCord, 2014). The other aspect highlights the policies advancing the promotion. An unsystematic policy ought to be changed and replaced with an organized stream of events and experience leading to promotion.
4.
To strengthen the innovation culture, it is imperative to address the strategic issues which relate to decision making. Netflix ought to incorporate a tolerant policy for the failure and risks factors. It is the key to promulgate sustainable innovation. Since the culture is thriving, Netflix will have toadvance and establish a thorough sense of direction to supplement the progress and inculcate sustainable innovation.
5.
Communicating the innovative plan to the employees is the key to ensure the success of the innovation plan. The tolerant policy for failure and risk should be communicated from bottom-up communication. However, the key is making adjustments to the innovation plan as per the response of the employees and the long-term impact of the decision on the outcomes of Netflix ADDIN ZOTERO_ITEM CSL_CITATION {"citationID":"ue90XX2W","properties":{"formattedCitation":"(Richardson, 2011)","plainCitation":"(Richardson, 2011)","noteIndex":0},"citationItems":[{"id":403,"uris":["http://zotero.org/users/local/yvjivw9i/items/QK66KKIP"],"uri":["http://zotero.org/users/local/yvjivw9i/items/QK66KKIP"],"itemData":{"id":403,"type":"article-magazine","title":"Netflix’s Bold Disruptive Innovation","container-title":"Harvard Business Review","source":"hbr.org","abstract":"Every now and then, the business world presents us with a lab experiment that we can observe in realtime. Netflix’s announcement that it is splitting off its DVD-by-mail business from its streaming business is just such an experiment. The DVD business will now go by the name Qwikster, and the streaming business will stay under […]","URL":"https://hbr.org/2011/09/netflix-bold-disruptive-innovation","ISSN":"0017-8012","author":[{"family":"Richardson","given":"Adam"}],"issued":{"date-parts":[["2011",9,20]]},"accessed":{"date-parts":[["2019",5,21]]}}}],"schema":"https://github.com/citation-style-language/schema/raw/master/csl-citation.json"} (Richardson, 2011). As a general rule of thumb, the communication channel must be broad, clear and productive.
6.
The key to ensuring capacity building for innovative thinking is the availability of a diverse workforce that is passionate about accelerating the productivity of Netflix. Since Netflix shuns the instances involving discrimination, diversification can be utilized to open doorways to innovative ideas and solving the problem through creativity. Besides, it is essential to allocate resources specifically for innovation. Field officers, crowdsourcing and open-source database are some of the strategies beneficial to continue the growth of innovative thinking.
References
ADDIN ZOTERO_BIBL {"uncited":[],"omitted":[],"custom":[]} CSL_BIBLIOGRAPHY Books, Podcasts, Management, S., & America, N. (n.d.). How Netflix Built a Culture of “Freedom and Responsibility.” Retrieved May 21, 2019, from Knowledge@Wharton website: https://knowledge.wharton.upenn.edu/article/how-netflix-built-its-company-culture/
McCord, P. (2014, January 1). How Netflix Reinvented HR. Harvard Business Review, (January–February 2014). Retrieved from https://hbr.org/2014/01/how-netflix-reinvented-hr
Richardson, A. (2011, September 20). Netflix’s Bold Disruptive Innovation. Harvard Business Review. Retrieved from https://hbr.org/2011/09/netflix-bold-disruptive-innovation
More Subjects
Join our mailing list
@ All Rights Reserved 2023 info@freeessaywriter.net