The Body Shop

I walk into the old thrift shop on the corner which smells like a nursing home. I'm not sure why it smells like it. I'm not sure why it always smells that way, it could be the clerk who is around late 70s or early 80s. I walk around just browsing the aisles, just looking for something. “What are you doing?” The clerk asks me as I see a pair of jeans. “Looking ma'am.” I make my way to a jewelry case and I see a silver ring, which looks rather nice. “Can I see this ring?” I ask the clerk.…

Due to lack of corporate foresight, several companies have failed to proceed further in their endeavors to serve the world with their product or services. This reminds me of a very flagrant example that I will talk about and how it could have been otherwise. The company that I will like to tals about today is the movie rental giant Blockbuster. Back in the days, Blockbuster was the primary DVD and Video Cassette rental in USA. Due to lack of corporate foresight, in 2010, it filed for bankruptcy…

Interventions that will stick Tanya Ewing Roosevelt University October 09, 2015 OD TRDV 435 Statement of the Problem Helping Hands is a local non-for profit organization which was founded in the 1980s to assist poverty stricken people to teach them how to learn how to handle their finances and maybe become financially able to have a home. (Anderson, 2012, p.281). Judy Thornson who is the executive director of the…

When new industries prosper and disrupt the old, the old are then forced to adapt to the new market or fail. For example, when the new television streaming company, Netflix, began to flourish, the old Blockbuster failed to adapt and many stores went out of business. Innovation happens through a creative process, design thinking, that challenges the way things have been done in the past. In CAD Monkeys, Warren Berger defines design thinking as a way to view things sideways, how to reframe,…

and shortly after WW1. The Wagner Act, was passed in 1935 as part of President Franklin D. Roosevelt’s “Second New Deal”. The act provided that a company could lawfully agree to be any of the following: 1. A closed shop, which employees must be members of the union. 2. A union shop, which allows employees for hiring non-union employees, provided that the employees join the union in a timely…

entertainment whether its original content, Blockbuster movies, Old movies or documentaries. And if it scale that and get to the success may be sufficient. However, multiple other platforms are not explored by Netflix. What if Netflix is one stop shop for ALL ENTERTAINMENT that includes the following: Online Game Streaming. Online streaming. User Generated Videos. Music…

Reed Hastings vision for Netflix was an ingenious idea and evidently was a much desired product and service. Who would have ever thought a $40 late fee would have turned into a company worth $28 billion (LaMonica, 2014). Initially, Netflix competed with video stores such as Hollywood Video and Blockbuster but that soon changed as customers craved stream on demand (Parnell, 2015). There are three perspectives on strategy which are industrial organization, resource based theory, and contingency…

Netflix While there has been a recent increase in the number of people attending theaters to see first run movies, this has not affected the number of individuals and families in our society who have adopted Netflix as an accepted venue for entertainment. Research has shown that 9 out of 10 families have some form of cable and internet in their homes and many of them subscribe to Netflix. The idea behind Reed Hastings, starting the company in 1997 was triggered by the fact that he was faced…

First Cinemas As we discussed in Lesson One, during the Evolution of Theatres section, there weren’t any dedicated cinemas at first. Screenings of films were shown in theatres or music halls, but as the popularity of film grew, it was recognized that dedicated cinemas were a necessity. Once such location that was only used for one showing was the Berlin Wintergarten Theatre. In 1895, Max and Emil Skladanowsky screened a film during the month of November. True dedicated cinemas arrived on the…

Pros to vertical integration of operations in regards to sources of supply in regards to the acquisition of movies and movie studios would be that they would control the source of supply. Netflix would have exclusive rights to their products and there would be no middle man. By removing the middle man movie studios dramatically increase their profit margins (Ferrell & Hartline, 2014). Netflix would own both the studio and the content. Currently, Netflix is partnering with movie studios but,…