No Rules Rules - Netflix and The Culture of Reinvention

Netflix and the Culture of Reinvention

Erin Meyer , Reed Hastings

Physical

Available

It's time to do things differently. Trust your team. Be radically honest. And never, ever try to please your boss. These are some of the ground rules if you work at Netflix. They are part of a unique cultural experiment that explains how the company has transformed itself at lightning speed from a DVD mail order service into a streaming superpower - with 190 million fervent subscribers and a market capitalisation that rivals the likes of Disney.

Finally Reed Hastings, Netflix Chairman and CEO, is sharing the secrets that have revolutionised the entertainment and tech industries. With INSEAD business school professor Erin Meyer, he will explore his leadership philosophy - which begins by rejecting the accepted beliefs under which most companies operate - and how it plays out in practice at Netflix.

From unlimited holidays to abolishing approvals, Netflix offers a fundamentally different way to run any organisation, one far more in tune with an ever-changing fast-paced world. For anyone interested in creativity, productivity and innovation, the Netflix culture is something close to a holy grail. This book will make it, and its creator, fully accessible for the first time.

What will you learn from this book

  1. Culture of Freedom and Responsibility: Netflix fosters a culture where employees are given significant freedom in decision-making but are also held accountable for their actions. This approach encourages responsibility and empowers individuals.

  2. Emphasis on Employee Talent: The company focuses on hiring and retaining exceptional talent. Instead of lengthy policies, they prioritize hiring capable individuals who align with the company's values.

  3. Continuous Feedback: Netflix promotes a culture of continuous feedback. Regular, candid, and constructive feedback is encouraged at all levels, fostering personal and professional growth.

  4. High Performance: The company emphasizes a high-performance culture where excellence is expected and mediocrity is not tolerated. Employees are encouraged to challenge themselves and set high standards.

  5. Innovation and Risk-Taking: Netflix encourages innovation and risk-taking. Employees are encouraged to experiment, and failures are seen as opportunities for learning and growth.

  6. Focus on Context, Not Control: Rather than micromanaging, Netflix believes in providing context to employees so they understand the bigger picture and can make informed decisions autonomously.

  7. Unlimited Vacation and Flexible Work: Netflix offers unlimited vacation days and promotes flexible work hours, trusting employees to manage their time responsibly while achieving their goals.

  8. Radical Transparency: The company values transparency, sharing information widely within the organization. This transparency fosters trust and allows employees to understand the rationale behind decisions.

  9. Constant Evolution: Netflix embraces change and evolution. The company is open to continuously reinventing itself and its strategies to stay ahead in a rapidly changing industry.

  10. Customer-Centric Approach: Netflix places a strong emphasis on understanding and serving its customers. Decision-making revolves around providing the best user experience.

Language English
ISBN-10 9780753553664
ISBN-13 9780753553664
No of pages 320
Font Size Medium
Book Publisher Virgin Books
Published Date 13 Sep 2020

About Author

Author : Erin Meyer

1 Books

Related Books