Key Factors in Organizational Change: Case Studies of Netflix and FinoTechno Using Change Management Models

This research explores the key factors influencing successful organizational change through case studies of Netflix and FinoTechno. With the development of science and technology, enterprises should consider the continuous updating of organizational change to maintain their innovation and competitiveness while pursuing benefits throughout the process of expending. It utilizes the SWOT analysis, McKinsey 7-S Framework, Kotters Eight-Step Change Model, and Lewin's Three-Stage Change Management Model to analyze technological advancements, integration of diverse teams, and maintaining a competitive edge. The analysis found that the development strategies of FinoTechno and Netflix should emphasize common values, communication networks and leadership commitment, enhance corporate reputation, and require significant investment in technology infrastructure and customer education. The findings highlight the importance of leadership, communication, and strategic alignment in managing change. Recommendations offer actionable strategies for enhancing technological infrastructure, fostering a unified organizational culture, and driving innovation. These insights provide valuable lessons for organizations navigating complex change processes.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-09-30
DOI
https://doi.org/10.54254/2754-1169/113/2024ld0102
Citations
5
Primary Topic
Impact of AI and Big Data on Business and Society
Type
article
Field-Weighted Citation Impact
2.45
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article

Key Factors in Organizational Change: Case Studies of Netflix and FinoTechno Using Change Management Models

Diwen Zheng
5 citations
Advances in Economics Management and Political Sciences
Impact of AI and Big Data on Business and Society
2.45
article

Key Factors in Organizational Change: Case Studies of Netflix and FinoTechno Using Change Management Models

Diwen Zheng
article en
5 citations

Abstract

This research explores the key factors influencing successful organizational change through case studies of Netflix and FinoTechno. With the development of science and technology, enterprises should consider the continuous updating of organizational change to maintain their innovation and competitiveness while pursuing benefits throughout the process of expending. It utilizes the SWOT analysis, McKinsey 7-S Framework, Kotters Eight-Step Change Model, and Lewin's Three-Stage Change Management Model to analyze technological advancements, integration of diverse teams, and maintaining a competitive edge. The analysis found that the development strategies of FinoTechno and Netflix should emphasize common values, communication networks and leadership commitment, enhance corporate reputation, and require significant investment in technology infrastructure and customer education. The findings highlight the importance of leadership, communication, and strategic alignment in managing change. Recommendations offer actionable strategies for enhancing technological infrastructure, fostering a unified organizational culture, and driving innovation. These insights provide valuable lessons for organizations navigating complex change processes.

Advances in Economics Management and Political SciencesVol. 113(1)
The University of Sydney (AU)
Industry, innovation and infrastructure
Openalex Percentile: Top 10%
Impact of AI and Big Data on Business and Society
2.45
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Key Factors in Organizational Change: Case Studies of Netflix and FinoTechno Using Change Management Models — Diwen Zheng · Advances in Economics Management and Political Sciences (2024) | TGRS Research Map | TGRS