Transferable Skills Exemplary Assignment and Reflection

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Running head: MOVIEFLIX ANALYSIS

MOVIEFLIX ANALYSIS

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MOVIEFLIX ANALYSIS

Mika Vandaveer

Rasmussen College

Author Note

SWOT Analysis of MovieFlix

Strength

Weakness

Opportunity

Threat

This company has a valuable great brand name and reputation.

The audience or clients need high internet speed to get the best quality.

Huge opportunity to rise in the mobile internet segment.

Every other competition in the market have started their ow original content.

The list of content is diversified with large collection.

Sometimes the collections are repeated and unnecessary.

Chances of advertisement channels on online platform is immense such as in Facebook, Instagram and others.

The competitors at present are decreasing the price.

The market share of the company is huge with comparison to its competitors.

The issue with copyright management is stumbled.

Because of additional contents available, using of technologies can enhance the process of conversion.

Existence of substitute content in the market.

(gruel & Tat, 2017)

Discussion

MovieFlix has strengths which involves large content collection this states that the company has many product s in which the audience or the clients can choose according to their preference. Another strength could be the company's possession in the huge share market which allows them to generate revenue and advantage that allows more sales than other companies in the market. These strengths mean that people generally prefer this company's product as compared to its competitors. to be precise with strength it could be considered that movie flicks have a good brand name and high reputation which brings in the market with greater profits (Mohamed & Smarandache, 2018). Along with the strength movie flakes also has its share of weakness which includes lack of a proper strategic plan to manage the market and sell more of its product, existence of weak management system results in fall of the profit margin. Many times, the collection that movie flicks have are repeated and unnecessary. The management system being weak cannot apply a proper amount of distribution with all the products to all the clients hence decreasing the income.

On the other hand, the company also has its share of opportunities and threats. Beginning with opportunities it revolves around the availability of the platform in online market, these days online market have transformed to be very crucial for every market place, significantly increases or generates the company's revenue. The online market also provides the client to choose from the variety of products which are displayed online and not available in shops particularly lacks with some products. The opportunity of rising in the mobile segment can benefit the company to reach every corner of the world with digital platforms because nowadays technologies have turned to be advanced and if accessible to every mobile device the process of conversion gets higher along with the chance to get high return of investments which indirectly means generating higher revenue (Dalton, 2019).

MovieFlix have a chance to expand internationally along with certain external threats these threats can be considered as the intense competition from other companies in the marketplace. The survival of existence of other companies in the sharing market makes the MovieFlix pose a huge threat to maintain its high-quality service and good will to clients. Another can be considered which is the violation of cost other companies are dropping down the prices in order to gain clients. These factors can be huge threat as MovieFlix has a critical planning for situations of cost of the product the process of planning makes the planning delay and poor which effects the company in a negative way. The last threat which could be considered is the availability of the substitute goods MovieFlix competitions offer the clients substitute goods in the marketplace to take up control of the market.

Problems

The major problem in MovieFlix is the problem of competition, to turn this problem and get a solution for this particular challenge the organisation has to first rebuild it system and make certain efforts to make the system stronger. The very first recommendation that I would like to state is that the employees and managers of the company should go under a two-training phase. This particular training will provide the staff about the vision of the objectives of the organisation that cares motivational thoughts and strength to the system to make the chain established well and elaborate. introducing a good system for communication could lead to be a great key strategy of strengthening the organisations system, can enhance the feedback strategy. The competition problem can be sorted by adding an intelligent department in the organisation which would be responsible for identifying the market parameters and enabling the company to beat their competition (Bolisani &Bratianu, 2017).

Leadership team building

Being the company’s consultant, I would request the team leaders and the manager of movie snakes to be questions about feelings which are unspoken of the employees. This could be implemented only by avoiding things that actually demoralize the employee. the leadership team building requires a leader to be more open and freer to its employees and also ensuring that the sensitive parts of the employee’s sentiments are kept under consideration. The delegation that plays a vital role in building team when the manager delegates or deliveries and activity of solving a specific issue of the company the team has the opportunity to work together honoured by generating a developing new thought towards the solution of the problem. As a consultant I would make sure that the communication in the organisation is facilitated as it plays the most crucial role in successful teamwork. I would also ensure that the company e can be free to the concerns questions suggestions and other factors that influence sizes help to individuals (Pollcak & Matous, 2019).

References

Abdel-Basset, M., Mohamed, M., & Smarandache, F. (2018). An extension of neutrosophic AHP–SWOT analysis for strategic planning and decision-making. Symmetry10(4), 116.

Bolisani, E., & Bratianu, C. (2017). Knowledge strategy planning: an integrated approach to manage uncertainty, turbulence, and dynamics. Journal of Knowledge Management.

Dalton, J. (2019). SWOT analysis (Strengths, weaknesses, opportunities, threats). In Great Big Agile (pp. 249-252). Apress, Berkeley, CA.

Gürel, E., & Tat, M. (2017). SWOT analysis: a theoretical review. Journal of International Social Research10(51).

Pollack, J., & Matous, P. (2019). Testing the impact of targeted team building on project team communication using social network analysis. International Journal of Project Management37(3), 473-484.