This report has focused on important activities that are associated with the proper working of Netflix in the competitive market. various managerial competencies are seen to be observed within the managers that are present within the concerned organisation, which relevantly helps in dealing with various kinds of business operation in a more flexible manner. various challenges that are being faced by Netflix have been mentioned in this study as per the difference information provided in “Battle of the Streaming Giants”. Various kinds of challenges are faced by Netflix from its rival, Amazon which are necessary identified by the management. This has been highlighted in the study that provides detailed information about the steps taken for the further improvement process. Management competencies such as resilience, conflict and negotiation management are seen to include some necessary changes in the overall dealing with the business operations.