Introduction to Blockbuster Video
Blockbuster Video is a video trade along with the growth of the organization is quite phenomenal. The organization has successfully distinguished itself through offering several videotape selections, which have expanded into video games as well as CD-ROM. The strategy is about integrating all organizational activities, along with utilizing as well as allocating all scarce resources in this organization environment for meeting all objectives [1]. While planning the strategy, this is crucial in considering that the decisions aren’t taken in a vacuum, along with that the acts taken by Blockbuster Video would likely be met by all reactions from suppliers, employees, customers, and competitors. There is much more interest for the customers in all current hits in place of old movies. Hence, the organization has heavily invested within this inventory. The rental approach of this organization could be fattened by this information superhighway. The aim of the video-on-demand system is directed at this video-rental market.
Though the introduction of all new games along with movies constantly presents issues regarding the tracking of this video-rental firm, without it, there wouldn’t be any reasons for all individuals in returning to that store. Strategy is the action that Blockbuster Video would take for attaining several organizational goals. The strategies taken by Blockbuster Video would be the decisions’ blueprint showing the goals as well as objectives, reducing the major policies, defining the business Blockbuster Video is carrying on, along with planning to achieve such goals. The strategies of Blockbuster Video would be significant as this isn’t possible in foreseeing the future. And without any perfect foresight, this organization should be ready in dealing with all uncertain events that involve this business environment [2]. The strategies of this organization would deal with the developments of long-term instead of all routine operations. It would deal with the probability of some new products or innovations, new markets, or new production methods being developed in future. The strategies would be created while considering all probable behaviours of competitors as well as customers of Blockbuster Video. The strategies which would be dealing with the employees of this organization would predict the behaviour of the employees.
The processes within Blockbuster Video are all tasks’ sequence that, when value-added to such variables along with work upon them, would generate as the outcome the service as well as the product offered by this organization. Hence, the manner that which such variables would be administered would be what managing these processes of this organization would be about. These processes would determine what work would be required for accomplishing the objectives of Blockbuster Video, assign such tasks to all individuals, along with arranging such individuals in the framework of decision making [3]. Organizing the process appropriately implemented would result in a work environment where every employee would be aware of the responsibilities. If that organizing process isn’t conducted properly, the results might yield frustration, confusion, limited effectiveness, and loss of efficiency. The processes within Blockbuster Video would shape all activities required for reaching those goals. The manager should examine the processes initially along with continuing in doing so as the processes change as well as new goals are developed [4]. The crucial processes for Blockbuster Video should be determined for accomplishing the objectives. The processes of intermediate and convenient analysis level.
Strategies of Blockbuster Video
Blockbuster Video is equipped currently with handling along with interpreting data. And in future, this organization might potentially become much more equipped in dealing with all data in an ideal way. The ideal state of data within Blockbuster Video is predictive as well as holistic. Data could be considered the hierarchy’s foundation where data is at the bottom level [5]. The previous data patterns along with trends could be analyzed for accurately predicting what might occur in future. Learning from all previous fact-finding along with actions, noting the trends, along with automating the extraction of insight in the situation would help Blockbuster Video in better analyzing the data that could be used appropriately in future. Analytics is needed for Blockbuster Video for making sense of crucial data. It would help to discover all trends as well as patterns within the data. The insights could be derived from analytics along with data. The best insight for Blockbuster Video would be prescriptive as well as actionable. These could be used also for taking immediate action, which would improve the business of Blockbuster Video [6]. However, such insights could not be obtained by the organization without analytics, and without data, analytics is not of any use.
The ideal state of the apps of Blockbuster Video would help the organization be successful in the journey of digital transformation. The apps would store the state from the requests of the clients on that server itself, along with using such state for processing further requests. This would be the database to store data as the backend; however, session information is kept within that server itself. The apps would not need in making a call to the database a second time as the session info would be kept within the server [7]. There is the load balancer, along with there would be two servers running those same apps in the same state. The key to developing more efficient apps for Blockbuster Video would be selecting the most appropriate technology, along with ensuring that a good user experience (UX), user interface (UI), along with customer experience (CX) are delivered. A common UX could be provided to the consumers of Blockbuster Video over all platforms, form factors, and operating systems. The most efficient changes for developing apps for Blockbuster Video would be using microservices as well as JavaScript. The overall frameworks, along with the explosion of JavaScript, would be quite useful for the apps of this organization. Microservices could be used by this organization in the future for making the apps much more efficient [8]. The developers of apps should think much more of collaborating with every business operation for ensuring the alignment of business rules, processes, and data with the new CX.
The infrastructure of Blockbuster Video is referred to this business’s every physical system. This system is capita intensive along with investments of high cost, and are crucial to the economic development as well as the prosperity of this organization. This infrastructure would help in the production processes, which would support all natural monopolies [9]. This infrastructure includes several structures as well as systems of Blockbuster Video. The infrastructure of this organization could also take upon the characteristics of the services produced by the localized monopolies when this is on smaller scales. It could be provided in the context of the private organization building infrastructure to be used in that organization and provided by the localized arrangement of informal as well as formal collective action. The technical system is referred to as the infrastructure like servers, equipment, and networking, due to all crucial functions provided by them in a particular business environment. Without any IT infrastructure, the organization could struggle in sharing and moving data in a way which promotes efficiency for the organization. This ideal state of infrastructure is the asset class which tends in being volatile along with providing a much higher yield. Due to such, Blockbuster Video could invest in the funds of the infrastructure for the defensive characteristics. This organization could choose in investing in the development of the infrastructure as part of the effort of business expansion [10]. The organization could select also funding improvements to specific pieces of the public infrastructure. In addition, the regulators would play a huge role to ensure the infrastructure of this organization would be more efficient in the future.
References
- Feng, L. Jiang, R. Ma and C. Bai, “Servitization strategy, manufacturing organizations and firm performance: a theoretical framework”, Journal of Business & Industrial Marketing, 2021
- K. Hamdan, S.A. El Talla, M.J. Al Shobaki and S.S. Abu-Naser, “Creative Behavior and Impact on Achieving Lean Strategy in Organizations”, 2020
- Buchheim, A. Krieger and S. Arndt, “Innovation types in public sector organizations: a systematic review of the literature”, Management Review Quarterly, 70(4), pp.509-533, 2020
- M. Fisher and F.J. Barrett, “The experience of improvising in organizations: A creative process perspective”, Academy of Management Perspectives, 33(2), pp.148-162, 2019
- S. Jenkner, N. Ravi, M. Gabel and J.C. Vogt, “Trust in data?requesting organizations—A quantitative analysis on cultural antecedents and individual?level perceptions”, The Electronic Journal of Information Systems in Developing Countries, p.e12208, 2022
- S. Nicolaescu, A. Florea, C.V. Kifor, U. Fiore, N. Cocan, I. Receu and P. Zanetti, “Human capital evaluation in knowledge-based organizations based on big data analytics”, Future Generation Computer Systems, 111, pp.654-667, 2020
- Shi and M. Weber, “Communication Strategies of Entrepreneurial Organizations in Mobile Apps Industry: Hidden Communication Prior to Product Launch”, International Journal of Knowledge Management (IJKM), 18(1), pp.1-15, 2022
- Kamboj, S. Rana and VA Drave, “Factors driving consumer engagement and intentions with gamification of mobile apps”, Journal of Electronic Commerce in Organizations (JECO), 18(2), pp.17-35, 2020
- R. Grafius, L. Varga and S. Jude, “Infrastructure interdependencies: Opportunities from complexity”, Journal of Infrastructure Systems, 26(4), p.04020036, 2020
- Comella-Dorda, P. Dean, V. Di Leo, N. McNamara and P. Sachdeva, “Transforming IT infrastructure organizations using agile”, McKinsey & Company, 2018
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