Netflix's Evolution

From DVDs to Digital Empire

Visionary Shift

    Before Tech Innovation

    Netflix aimed to be the best DVD rental service in the U.S., focusing on physical rentals.

    After Tech Innovation

    The vision expanded to entertain the world, embracing global and technology-driven goals.

    Tech Innovation Impact

    Netflix's vision grew from movies on discs to a digital entertainment empire.

    Global Vision

    The shift from a narrow focus to a worldwide entertainment leader.

    Mission Evolution

      Initial Mission

      Focused on delivering DVDs by mail with convenience, affordability, and no late fees.

      New Mission

      Aimed to entertain the world with on-demand streaming and original content.

      Digital Access

      The mission evolved from logistics to digital innovation and creativity.

      Content Creation

      Netflix Originals became a key part of the mission, enhancing digital access.

      SMART Goals Transformation

        Pre-Tech Change Goals

        Aimed for 1 million DVD subscribers by 2004 and faster delivery by 2006.

        Post-Tech Change Goals

        Focused on launching global streaming by 2016 and investing in original content.

        Evolving Objectives

        Goals shifted from logistics to tech-based streaming and global expansion.

        Future Ambitions

        Plans to reach 500+ million global subscribers by 2030.

        Need for Quick Change

          Customer Demand

          People preferred instant streaming over waiting for DVDs.

          Competitive Pressure

          Blockbuster's failure to adapt led to its bankruptcy.

          Technological Shift

          Improved internet speeds made streaming feasible.

          Global Opportunities

          Digital content allowed expansion into new markets.

          Before vs After

            Vision Comparison

            From being the best DVD rental in the U.S. to entertaining the world.

            Mission Comparison

            Shifted from delivering DVDs to providing instant global streaming.

            SMART Goals Comparison

            Evolved from logistics-focused to tech-based global expansion.

            Competitive Landscape

            From competing with Blockbuster to facing Disney+, Amazon Prime, HBO Max.