SWOT analysis is a strategic planning tool that can be used by Netflix managers to do a situational analysis of the organization . identify the major external environmental forces that shape the strategy and competitive landscape and support its strategic decision making process. 第 3 部分：对 Netflix 进行 PESTEL 分析的最佳工具. Make PESTEL Analysis Diagram easily with EdrawMax: PESTEL Analysis and free use and edit PESTEL examples here PESTEL analysis is a strategic management framework used to examine the external macro-environmental factors that can impact an organization or industry. Step - 4: Customize. 1. The company is headquartered in Stockholm, Sweden, and has a legal domicile in Luxembourg. Basic Information of Netflix Company Name Netflix Annual Revenue 2019： 6. net, 2017). The PESTEL analysis is an excellent tool for management to examine the macro-conditions in each of the 190 markets Netflix operates in. It involves identifying the internal and external factors that can affect a venture’s success or failure and analyzing them to develop a strategic plan. The PESTLE Analysis of Netflix also looks at many extrinsic factors. 1. See full list on swotandpestleanalysis. PESTEL Analysis Political factors. This infographic outlines a variety of facts about Netflix. The VRIN/VRIO analysis is a strategic tool that is used for the assessing and evaluating the resources of a company, and determining its strategic advantage, and competitiveness. 4. 8%), agriculture (12. The Netflix PESTLE Analysis will highlight the key external business determinants that can lead to potential opportunities as well as threats for the company. com, 2020), with offices in the USA, Netherlands, Brazil, India, Japan. Netflix PESTEL Analysis - Read online for free. The streaming platform is offering its service in many countries across the globe. One of the primary incomes of Google is advertising. PESTEL Analysis; Definition: SWOT Analysis is a strategic planning tool used to identify an organization’s internal strengths and weaknesses and external opportunities and threats. Very few sectors advance at the pace of the tech and entertainment industry. Let’s start with the impact of political factors on Twitter’s performance. Netflix is the leading streaming services provider with a global presence. Porter, Competitive Strategy(New York: Free Press, 1980) Sayan Chatterjee, Elizabeth Carroll, David M. The New Industrial Strategy for British. It is a tool that determines how external factors affect the organization and its business strategies. ניתוח PESTEL של נטפליקס; חלק 3. 1 billion brand value) #19 – Facebook ($36. Nike PESTEL Analysis. Internationally, the platform accounts for 8% of all time spent watching videos (stats source - link ). In this article, we will do a PESTEL Analysis of Disney. Published in Companies category by MBA Skool Team. 1 Touchstone SWOT Analysis Presentation: Netflix Inc. In this blog we will conduct the PESTEL analysis of Netflix. 408 billion dollars. are factors for such strengthening of overall competitive advantage. Strengths and Weaknesses are often restricted to company’s internal - resources, skills and limitations. identify the major external environmental forces that shape the strategy and competitive landscape and support its strategic decision making process. 2. Application of PESTLE Analysis. Netflix, Inc. Toyota Motor Organisation: PESTLE Analysis. EXECUTIVE SUMMARY Mission Statement “To grow our streaming membership business globally within the parameters of our profit margin targets. However, the slow economic growth of countries that contribute a significant portion of the company’s finances, like China, can threaten its progress. Netflix is an OTT (over the top) content platform that provides online streaming services for subscribers. The Latest. Porter's 5 Forces identifies competition, new entrants into the industry, supplier power, buyer power, and the threat of substitute products and services in the market. PESTEL EVALUATION Considering the nature of the industry and the size of Netflix, conventional analytical techniques such as the PESTEL Analysis are an ideal lens through which to evaluate the company's condition, allowing management to uncover discrepancies and plan risk reduction and utilize Netflix's internal strengths. The internal factors in this SWOT analysis of Netflix Inc. 为 Netflix 创建 PESTEL 分析至关重要。借助它，您可以立即查看该图。此外，您还可以看到更多公司可能面临的机会和威胁。使用 MindOnMap 在那种情况下。在对 Netflix 进行 PESTEL 分析时，您可以依靠这个在线工具。2 Application of PESTEL to The Impact Of Digital Technologies On The Paid Content Market Examining the Netflix Paradigm. 3. Entertainment & Humor. Strategy planning process often requires five steps –. It is a network of internet streaming showing TV shows as well as movies on different internet-connected devices including computers, TVs, and mobile phone devices. 1 Running head: Netflix PESTLE analysis in India Title: Name: School: Institution: Date of submission: 2 Running head: Netflix PESTLE analysis in India Executive Summary. As a result, we can identify the main opportunities and threats that Walmart’s management should consider when planning strategically for the coming years. Dengan bantuan ini, anda boleh melihat gambar rajah dengan serta-merta. מבוא לנטפליקס. Additionally, it focuses on developing programming mix that ensures. To find the relevant elements in the larger business environment that might have an impact on the video streaming industry, we'll use the PESTEL analysis. The company can use it to. 585 billion (2020) 3. El análisis PESTLE de Netflix también analiza muchos factores extrínsecos. 308 qualified specialists online. 1 Importance of economic factors in the PESTEL framework. This marketing plan consists of key elements that make up the Netflix marketing mix. Introduction. It is an acronym for political, economic, social, technological, environmental and legal factors that shape the macro business environment. The trends in Nike’s remote or macro-environment present threats to the business. 99 per month for their standard plan. It explores Netflix’s distinctive strategy and culture, which promoted independent decision-making, agility, and innovation, and were central to the company's ability to seize a succession of growth opportunities. 5% last quarter from a 1% per capita income in 2000, positioning it in front of China as the world’s fastest-growing large economy The PESTLE/PESTEL analysis is a strategic management tool that determines the effects of the industry’s remote or macro-environment on the company. Netflix PESTLE analysis. In this PESTLE. This analysis will be conducted for Netflix, which as (Forbes, 2020) described: Netflix, Inc. Business / By Gennaro Cuofano / August 26, 2023. Preferences differ based on local tastes of people. Prateek Bhargava. The purpose of this paper is to analyze Streaming Video on Demand (SVoD) industry and Netflix in the Turkish market using the PESTEL analysis framework; define local and global competitors. Netflix Inc. Netflix’s environmental impact. A small revenue problem, and a big profit problem. บทสรุป. 3. The Economic factors that influence the Macro environment of Netflix are - Increasing cost of capital – Technology companies’ stocks on an average has corrected 25-50% in the first half of the 2022. Netflix stands with a total of 193 million paid subscription (as on April 2020). Creating a PESTLE Analysis. Example example. Key factors to look at while conducting a PESTEL analysis include political, economic, social, technological and legal factors among others. SEP 7, 2022. 1. Netflix PESTEL Analysis 1 Netflix PESTEL Analysis [NETFLIX] The new-age primetime entertainment company Netflix was started as a DVD rental service focusing on logistics and delivery. 64 billion U. The PESTLE/PESTEL analysis is a strategic management tool that determines the effects of the industry’s remote or macro-environment on the company. The Netflix in India The Way Ahead PESTEL Analysis will look at the external factors – political, economic, social, technological, environmental, and legal. The PESTEL Analysis of Netflix The Public Relations Box Office Flop will take into account the most important aspects of the external environment that impact the business. 0 billion. PESTEL Analysis diagram requires you to add Political, Economic, Sociological, Technological, Legal, and Environmental content so that the reader will understand what influences an organization. 1. The Amazon SWOT analysis report provides profound information about the strengths, weaknesses, opportunities and threats of the world’s largest online retailer. Netflix is a global streaming service that offers a wide variety of content, including movies, TV shows, documentaries, and more. 2%, respectively, in 2023. It is important for Study Questions for Netflix Going Public. Netflix PESTLE Analysis. Overview of Netflix. Netflix has three monthly subscription levels, including basic, standard and. Its GDP in 2022. Step 1 – Defining relevant industry for Netflix Aggressive in casestudy. In details Netflix offers a subscription based movie and television program rental service that disseminates to. Our analysis centers on Netflix’s ability to adapt to the shifting marketplace. The Netflix Inc The Disruptor Faces Disruption PESTEL Analysis will look at the external factors – political, economic, social, technological, environmental, and legal. February 19, 2021. PESTEL Analysis of Netflix. SWOT. Historical Financial Analysis Time Series Analysis (Detailed in Exhibits 9-11) Overall‚ the historical financial statements of Netflix are characteristic of a company entering its growth stage. The PESTLE/PESTEL analysis is a strategic management tool that determines the effects of the industry’s remote or macro-environment on the company. Netflix PESTLE Analysis Example Netflix is a popular over-the-top (OTT) content platform that has its headquarters in Las Gatos, United States. Netflix Designing the Netflix Prize B. Like SWOT, PESTEL is an acronym. Canada is a country located in North America. It is an acronym for political, economic, social, technological, environmental and legal factors that shape the macro business environment. Access the PESTEL analysis. The PESTEL analysis is a tool that businesses use to analyze macro-environmental factors that have the potential to impact on performance. But Netflix proved them wrong when this video-streaming. Introduction. PESTLE Analysis of Netflix examines the various external factors. A highly imitable business model. The presence at international stage increases the company’s sensitivity to changes in political environments of different countries. These numbers are quite promising, but let’s do an in-depth Netflix SWOT analysis to see how it actually fares. Part 2. This segment of Pestel Analysis provides the analysis of the socio-cultural environment prevalent in the organizational environment. Membuat analisis PESTEL untuk Netflix adalah penting. As we enter 2024, the fast-food titan faces many challenges and opportunities shaped by the macroenvironment. PESTLE. Moreover, the company can use the analysis to understand its strengths and weaknesses. It serves more than 169. Introduction. Aspect Porter’s Five. Use the PEST symbols from the left side and add the content to your PESTEL analysis diagram. PESTLE examines political. Very few sectors advance at the pace of the tech and entertainment industry. The SWOT/TOWS analysis report for this ecommerce business focuses on providing insightful details about the internal and external analysis of the company. The Coca-Cola Company is one of the world’s leading non-alcoholic beverage companies. 1 Running head: Netflix PESTLE analysis in India Title: Name: School: Institution: Date of submission: 2 Running head: Netflix PESTLE analysis in India Executive Summary. PESTEL Analysis is a framework for analyzing the macro-environmental factors that can impact an organization. Overview of Disney When it comes to entertainment production for cartoons, Walt Disney Studios is one of the most successful and most recognized companies in the world. Right now, We will present the results of our research about the Twitter macro environment. It can’t offer the full picture. managers can use Porter Five Forces to understand how the five competitive forces influence profitability and develop a strategy for enhancing Netflix, Inc. Key Points – SWOT Analysis of Netflix Inc. The report illustrates the application of the major analytical strategic frameworks in business studies such as SWOT, PESTEL, Porter’s Five Forces, Ansoff Matrix and McKinsey 7S Model on Netflix. why not. การดูการวิเคราะห์ PESTEL สำหรับ Netflix เป็นความช่วยเหลือที่ดี มันจะแนะนำบริษัทในการพิจารณาแต่ละปัจจัยที่ส่งผลกระทบต่อพวกเขา นอกจากนี้ การ. It discusses the political, economic, sociocultural, technological, environmental, and legal factors influencing its performance and profitability in the coming years. Exponential growth-Netflix’s annual report reveals that the revenue is growing quarter by quarter, in Q42020 the revenue was $6644 million which increased to $7342 million in Q22020 and ultimately finished at $7709 million in Q42021. ### วิเคราะห์โครงสร้างธุรกิจของ Netflix กว่าจะมาเป็นหุ้นมหัศจรรย์ ### Netflix คือผู้นำธุรกิจการให้บริการรับชมภาพยนตร์ และความบันเทิงในรูปแบบ Streaming ผ่าน. Netflix Going Public. and the Netflix cost is 10. However, six months after Netflix's launch in India, as the. Even though they’re branching into more original content, the cost of these shows and movies is incredibly high. 1973/Getty Images. 5 - Context. 1 Importance of economic factors in the PESTEL framework. identify the major external environmental forces that shape the strategy and competitive. At the heart of this strategic prowess lies the PESTEL analysis framework, a critical tool for companies and managers alike. The headquarters of the tech company is in Yuhang District, Hangzhou, Zhejiang, China; George Town, Cayman Islands. Step 1 – Defining relevant industry for Netflix Aggressive in casestudy. PESTEL Analysis Political factors. | Find, read and. PESTEL Analysis. The analysis focuses on measuring the company’s position based on forces like threat of new entrants, threat of substitutes, bargaining power of buyers, bargaining power of suppliers and competitive rivalry. 6 key factors (Political, Economic, Sociological, Technological, Legal, and Environmental) are analyzed here, and based on this, strategies are made. 90 inhabitants per km². PESTEL / STEP / PEST Analysis of Netflix Case Study Solution of Netflix SWOT Analysis and Solution of Netflix References & Further Readings. In this PESTLE analysis, the. The first reason is related with the restrictions that are imposed on the countries; the US has restriction on the countries such as Crimea, North Korea. Solved Netflix in India: The Way Ahead case study solution include SWOT Analysis, PESTEL Analysis, VRIO Analysis, Porter Five Forces Analysis & Value Chain Analysis, BCG Growth Share Analysis. BTCC: World’s first Bitcoin ETF launched in Canada. It is a comprehensive framework that examines six key areas: P olitical, E conomic, S ocial, T echnological, L egal, and E nvironmental. It is through the Google marketing platform and ads. In US markets, audiences shift away from traditional TV towards on-demand streaming services like Netflix. Netflix's high success is. The application of PESTEL analysis can help Netflix. PESTEL stands for – Political, Economic, Social, Technological, Environmental, and Legal factors that impact the macro environment in which Netflix Streaming operates in. In 2021, According to Interbrand , Netflix ranks #36 – with a brand value of $15. Revenues have grown at a rapid pace over the past five years‚ increasing from $996 million in FY 2006 to $1. The 5Cs of Marketing Analysis are -. เครื่องมือแรกที่หลาย ๆ คนนึกถึงคงเป็น SWOT Analysis ที่. The PESTEL analysis is an excellent diagram. The operating margin has grown by five. After that, Netflix became accessible on Apple gadgets, TVs, cellphones, and tablets. PESTEL analysis of Facebook 2023. 2. (PESTEL analysis) PESTLE analysis is one the significant and widely used tool or framework mostly by organizations with the intent of considering the market environment before commencing the process of marketing. Posted on March 3, 2023 by Daniel Pereira. Netflix has chosen to promote the new season of “Narcos” by placing a huge banner in the middle of Madrid. operates in a complex and dynamic. Let’s start with the impact of political factors on Facebook’s performance. การวิเคราะห์ PESTEL Analysis เป็นเครื่องมือที่พัฒนาต่อยอดมาจาก PEST Analysis โดยเพิ่มปัจจัยภายนอกที่สำคัญเข้ามาอีก 2 ปัจจัยคือ Environment (E) และ Legal หรือ Law (L)Some of the PESTEL Analysis factors that are impacting the Netflix: A Creative Approach to Culture and Agility business environment are –. However, for Netflix to meet copyright law standards with content providers, the company had to put blockers in place. The application of PESTEL analysis can help Netflix Inc The Second Act - Moving Into Streaming. Learn how Netflix faces content restrictions, economic challenges, social challenges, and technological challenges in more than 130 countries. In 2020, it reported a revenue of $25 billion and also surpassed 200 million paid subscriber count. PESTLE analysis can be used by organizations to identify opportunities and threats in the external environment. These industries’ external factors influence other determinants of the business. Abstract. High brand development cost weakens the threat. For example, this PESTEL analysis highlights threats to the footwear and apparel business, in relation to trade barriers, labor and transportation costs, and the Chinese economic. . The application of PESTEL analysis can help The Impact Of Digital Technologies On The Paid Content Market Examining the Netflix Paradigm. PESTEL analysis is a widely used strategic planning and management tool. Netflix made the audacious statement that it allowed customers to stream TV shows and movies to their PCs in 2007. For example an Industry may be highly profitable with a strong growth trajectory but it won't be any good for Netflix, Inc. M. Timely – Finally all the sustainability and triple bottom line goals and endeavours should have clearly defined timeline. Another way of understanding the external environment of the firm in Netflix in 2011 is to do a PESTEL - Political, Economic, Social, Technological, Environmental & Legal analysis of the environment the firm operates in. Netflix PESTEL analysis enables big brands such as Netflix to maintain stability in the face of rising challenges. This company is experiencing significant growth today and has over 222 million subscribers worldwide. It is an acronym for political, economic, social, technological, environmental and legal factors that shape the macro business environment. Netflix needs to be careful to set difficult but achievable goals for sustainability. In 2017, Netflix invested $2. Netflix “PESTLE analysis for global online video streaming industry” Political factor It has been observed that there are various factors that impact global online video streaming industry. Market Development supports Netflix’s organizational development, but only as a secondary intensive growth strategy. You pay a monthly subscription to have access to this portfolio. 1 Firstly: Netflix's Strengths analysis Competitive "first-mover": Competitive "first-mover" advantages compriseNetflix’s production analysis. VRIN/VRIO analysis. Amazon PESTLE Analysis. For the full year, analysts now forecast 23% EPS growth, followed by an even-bigger. It currently offers movies, series, documentaries, and feature films in various types and languages. It also needs to consider politics when it is looking to launch content into certain The steady growth of the mass media and entertainment industry in various developing countries looks promising for the development of Disney, as indicated by Disney PESTEL analysis. Importance of PESTEL Analysis in Strategy Management & Planning Process. The streaming market is a potential blue ocean. 2. It is important to note that the Netflix in 2011 PESTEL Analysis will be market specific, and the implications of the factors change for a company when the market changes. Posted by Zander Henry on Aug-22-2018. The core objective of strategists and leaders in an organization is to help the organization to build a sustainable competitive advantage and thwart competitive challenges. 1. Access the PESTEL analysis. The US $ 4. Its average monthly revenue per paying membership has increased from $10. While the economic environment has remained favorable worldwide. It is important to note that the Netflix Inc Proving the Skeptics Wrong PESTEL Analysis will be market specific, and the implications of the factors change for a company when the. 1 - Company, 2 - Customers, 3 - Competitors, 4 - Collaborators, and. However, for Netflix to meet copyright law standards with content providers, the company had to put blockers in place. Unfortunately, if you only do. Netflix reported revenue of $7. 2. Since Netflix is a company whose. Economic Factors that impact Netflix What are Economic Factors in PESTEL Analysis / PEST / Macro Environment Analysis . as they determine the overall economic environment of the country. 1973/Getty Images. It has more than. In this blog we will conduct the PESTEL analysis of Netflix. Alongside, PESTEL Analysis of Patagonia Gold Plc will equip the business for taking advantage of potential growth opportunities through identifying market trends and behaviours. Moreover, the report contains analyses of Netflix leadership, business. as they determine the overall economic environment of the country. Many analysts predicted the early downfall of the company due rising competition and internet. Netflix and Learn – Hasan Minhaj’s Analysis of Amazon 3rd March 2019. PESTEL analysis provides great detail about operating challenges Netflix, Inc. 0% and 18. PESTEL is broken down into six categories referencing factors that can or will affect the topic chosen for the analysis. It plays a significant role in uplifting or degrading the company. SWOT analysis . operates in a complex and dynamic environment. PESTEL Analysis of Netflix. PESTLE Analysis of Titan examines the various external factors like political, economic, social, technological (PEST) which impacts its business along with legal & environmental factors. After that, Netflix became accessible on Apple gadgets, TVs, cellphones, and tablets. The results of this PESTEL analysis of Disney reveal opportunities to grow the global business despite strong competition with the entertainment products of Sony and Comcast (parent company of Universal Studios), and the video streaming services of Apple TV Plus, Amazon Prime Video, Netflix, and Google’s YouTube. PESTEL Analysis Resources1. The operating margin has grown by five. It can identify external factors that may influence the company. PESTEL / PEST & Environment Analysis[Strategy], 2019). The political stability in UK promotes investments since it lowers political risks such as. Report contains a full version of Netflix value chain analysis. The banking industry is one of the dominant parts of the country's economy. PESTEL, in simple terms, is a tool that helps companies to monitor the macro-environment that affects the growth of the organizations. Political Economic Social Technological Environmental Legal To show you how valuable it can be to run a PESTEL analysis before your next marketing campaign,. Strategy planning process often requires five steps –. Akses analisis PESTEL Netflix. It is through this lens that we’ve identified three main external influences. Egypt PESTLE Insights – A Macroeconomic Outlook Report. Google PESTEL Analysis. 3%), Europe (81. PESTEL Analysis Framework: Explained with Examples. The per capita income in the US in 2021 was $63, 416 while it is expected to lower to $55000 in 2022 and $57000 in 2023. Head to the Template section on the left and type ' PESTEL Analysis ' to see all the pre-built PESTEL Analysis templates like Netflix PESTEL Analysis, Amazon PESTEL Analysis, IKEA PESTEL Analysis, and more. The technological shift to 4K screen resolutions have created an issue for streaming services. Tesla, Inc. Introduction PESTEL analysis is one of the few business strategies that give a boost to start-ups. Apr. Also, it has a DVD-by-mail renting service. chapter viii: financial statement analysis 26 chapter ix: valuation using the discount cash flow 32 Economic factors affecting Netflix. was founded in 1997, initially selling and renting DVDs by mail. The PESTEL / PEST Analysis of Netflix in India: The Way Ahead HBR case study includes analysis of Political, Economic, Social, Technological, Environment, Legal factors. Netflix, PESTEL analysis netflix notes company. Netflix PESTLE (or PESTEL) Analysis assesses the brand on its business tactics across various parameters. indicate that the company is capable of growing in. To capitalise, Netflix have put money into R&D to support 4K streaming efficiently (Mintel, 2016). Jul 8, 2021 - PESTEL, in simple terms, is a tool that helps companies to monitor the macro-environment that affects the growth of the organizations. Also, it has a DVD-by-mail renting service. Netflix is a popular over-the-top (OTT) content platform that has its headquarters in Las Gatos, United States. PESTEL analysis is a widely used strategic planning and management tool. However, the slow economic growth of countries that contribute a significant portion of the company’s finances, like China, can threaten its progress. The growth of Netflix will be driven by consumer satisfaction with its wide range of television series and movies that can be downloaded as well as streamed on different platform available in the market (Netflix, Inc. As a result, this will affect a small segment of users and its demand for the product due to the limited access some Netflix countries have (Greenberg, 2016). So Netflix must abide by the. At the same time, diverse and high-quality products with good convenience have positive influences on its market development. Netflix offers a paid subscription service that works over. Posted by Zander Henry on Aug-22-2018. Our team has recently conducted a PESTEL analysis to examine the impact of the macro-environment factors on Netflix’s growth. Before we dive deep into the PESTEL analysis, let’s get the business overview of Spotify. Disney Studio’s magical vision was. for only 13. Growth and development strategies. It is important to note that the Netflix in India The Way Ahead PESTEL Analysis will be market specific, and the implications of the factors change for a company when the market changes. Netflix was founded in 1997 by Reed Hastings and Marc Randolph. Netflix made the audacious statement that it allowed customers to stream TV shows and movies to their PCs in 2007. It serves more than 169 million subscribers from 190 countries around the world as of 2019. It is now accessible in lots of homes. Use the PEST symbols from the left side and add the content to your PESTEL analysis diagram. The analysis plays a big role for the company. An insightful SWOT analysis of Netflix. The company has been burning cash heavily. 1. The financial success of this subscription-based streaming platform can be attributed to the way the 4Ps of Product, Price, Place, and Promotion are properly coordinated. Netflix Designing the Netflix Prize B. In this blog we will conduct the PESTEL analysis of Netflix. PESTLE Analysis isn’t just for a select few; it’s a universally useful tool for businesses of all kinds. They’ve also decided on some… interesting movies that users. Netflix Porter’s Five Forces analysis covers the company’s competitive landscape as well as the factors affecting its sector. A PEST analysis of Netflix explores the political, economic, social, and technological factors that affect the media. The high reduction in per capita income would shift. 9 billion (digitaltveurope. Because Netflix generates the bulk of its revenue. The PESTEL Analysis can be used as an extension of the SWOT Analysis to understand macro-trends shaping an industry based on several macro areas. Brand Reputation – Netflix has risen to become a household name within a short period. Using social trends as "Netflix and chill" to continuously improve the image of Netflix. also in the long run. Jack Mao established the tech company on 28 June 1999. Netflix operates in a dynamic environment where it is influenced by. PESTEL Analysis of Netflix. Netflix's PESTEL study helps the company assess the external factors that impact Netflix and the sector. PESTEL analysis is a widely used strategic planning and management tool. 5. Scotts Valley, Reed Hastings, and Marc Randolph are the founders of Netflix. Porter Five Forces Analysis is a strategic management tool to analyze industry and understand underlying levers of profitability in a given industry. For the Netflix SWOT analysis, having a basic introduction to the company is essential. Exchange-Traded Fund (ETF)Netflix’s core values are (1) wise judgment, (2) selflessness for the business organization, (3) courage to take risks and do what is right, (4) effective communication, (5) respectful inclusion, (6) integrity and ethical conduct, (7) passion for the business success of Netflix, (8) flexible innovation, and (9) curiosity for learning and. Completing your PESTLE is the perfect way to map out your external environment and doing it well can improve your other frameworks, such as SWOT.