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DreamWorks Animation Company.docx - 1 DreamWorks Animation...

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1DreamWorks Animation Company and Module 4 ActivitiesStudent's NameInstitution's AffiliationCourse NameInstructor's NameAssignment Date
2Part A (Option 2): DreamWorks Animation CompanyDreamWorks Animation Company has been in the film industry for a long season. Somestrategies have been implemented throughout the organizations' growth and development toimprove organizational performance and brand recognition in the market. Since October 1994,the organization has diversified its operations to offer various services to its consumers.However, the organization ended its engagement with Old DreamWorks Studios, which led tonew business agreements between the old and the new business. The organization is workinghard to drive revenue through global distributors of the films throughout the business processes.Acquisition and diversifying business in segments were the main approaches the organizationused to increase its competitive advantage in the market. Today, the organization is offering itsservices in four segments: Television Series and Specials, Feature Films, New Media, andConsumer Products Segments. Engaging in joint ventures with other institutions like Chinesejoint ventures also increased the organization's popularity in television programming and motionpictures.Forces Shaping DreamWorksDreamWorks Animation Company has different strategies that shape the internal andexternal business operations for competitive advantage. Due to dynamic market forces, mostcompanies in the film industry frequently incorporate new ideas and enhance growth andrenovation to meet the market demands. According to an article by The Los Angels Film School,most film industries have embraced some new trends to meet the ever-changing market demands.These trends include increasing social commentary in films, celebrating and incorporatingdiversity, and increased practical effects in films(Anonymous, 2017). Based on the DreamWorksAnnual Report as of December 31, 2015, the organization have implemented several strategies to
3improve organizational processes. Competition, distribution and servicing arrangements,employees, and the animation process are fundamental forces shaping DreamWorks AnimationCompany. It is essential to build organizational forces around business processes andstakeholders. Building a successful business process is essential in growth, innovation, andcreating a competitive advantage.CompetitionCompetition plays a pivotal role in developing a sustainable competitive advantage for anorganization in the market. Business rivals consistently sustain their competitive edge by drivingtheir tasks through products renovation and shifting their attention to market trends. Thesechanges are essential in keeping organizations creative and innovative to develop new productsand meet market demands(Bevacqua, 2018). DreamWorks Animation Company has prioritizedcompetition for a film audience to establish a momentum of competitive advantage in themarket. Target audiences and release dates are crucial elements of live-action and animated filmsto increase competition. Competition for talent is another approach that has enabled theorganization to attract and retain talented directors, animators, artists, and producers.

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Term
Winter
Professor
Prof Don
Tags
Management, DreamWorks

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