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People Resourcing and Development Strategies at Netflix: A Case Study Report

   

Added on  2023-06-11

12 Pages2588 Words288 Views
Design and Creativity
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NETFLIX CASE STUDY
REPORT
People Resourcing and Development Strategies at Netflix: A Case Study Report_1

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK-1............................................................................................................................................3
PEOPLE RESOURCING AND DEVELOPMENT STRATEGIES AT NETFLIX-..................3
TASK-2............................................................................................................................................5
EXTERNAL AND INTERNAL CONTEXTS INFLUENCE RESOURCING AND
DEVELOPMENT-.......................................................................................................................5
TASK-3............................................................................................................................................7
LABOUR MARKET ANALYSIS..............................................................................................7
TASK-4............................................................................................................................................8
ADVISE TO NETFLIX ON THE BASIS OF LABOUR DATA OF USA AND JAPAN-........8
CONCLUSION..............................................................................................................................10
REFERENCES................................................................................................................................1
People Resourcing and Development Strategies at Netflix: A Case Study Report_2

INTRODUCTION
Netflix is one of the global organization which is providing subscription based streaming
services to its customers (Walford-Wright and Scott-Jackson, 2018.) In the report on the basis of
the cash study on Netflix using academic theories people resourcing and development in the
company will be defined. Internal and external factors which are impacting people resourcing in
the organization will be evaluated by using SWOT and PESTLE models. At the end of the report
the labour markets of USA and Japan will be deeply evaluated and on the basis of the data
suggestions are extended to Netflix to remain competitive in the market.
TASK-1
PEOPLE RESOURCING AND DEVELOPMENT STRATEGIES AT NETFLIX-
Netflix is one of the biggest internet subscription service giant which is getting operated
across the world. Due to wast operations there is a huge number of workforce is working in the
organization. Netflix generally hires people with some experience, it avoids hiring new talent
due to immense need of training and development. So the organization is worldwide following
policy of hire the experience.
Hire and fire strategy- The organization is well-known for its aggressive hiring policy in which
it hires people and when it does not have much work or the people are not as efficient as required
for the job then fire them.
Retaining high performers' strategy- In the organization people with higher performance are
given priority, if they got developed and are performing on their merit then would be retained
otherwise will be fired. It makes their workforce up to date and high in term of efficiency.
Do not Hire Fresh college- In this practice it aims only experienced people who possess
experience of working. “Theory of Experiential Learning (Kirby, 2020.) says person learn from
experience so such people should be recruited.
People Resourcing and Development Strategies at Netflix: A Case Study Report_3

Work on site policy- While recruitment it is ensured that the joiners must ready to work on site
rather than the place of their preference. It believes that employee can not learn everything by
training some things he learns by the surrounding so “Theory of Social Learning (Kapur, 2021)
is taken into consideration while recruitment.
Work from remote location- Such people are prohibited in the company who wants to work
from remote location are not hired since which people resourcing company hires only such
people who can work from the authorized locations of the company.
For development purpose the organization is having a few theories which are as-
Transparent pay policy- Every employ can easily see the salary of other employees. Company
believes that keeping such data confidential is not good since if other employees will see
someone making good bucks they will get driven to replicate the same.
Weekly employee surveys- Continue HR survey helps to identify the people with poor
performance so as per the requirement company may go for development or training programme.
So can enhance their performance.
Work benefit policies- The organization is providing them good range of such holiday and also
having “Paid time off policy” so can provide better to them.
Formal time off policy- So people may work as per their ease no need to abide formalized time.
Performance improvement plans- So can hike the level of employees which will ultimately
result their development.
So all such strategies are being followed by Netflix to hire and develop their employees.
People Resourcing and Development Strategies at Netflix: A Case Study Report_4

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