I have loved Netflix ever since they came on to the scene and turned the DVD business on its ear. At first glance, Netflix is one of those business ideas that is so simple and brilliant that you almost kick yourself for not thinking of it first.
And while you might believe that the secret to Netflix’s success is it’s innovative business model – its not. The real secret according to their founder and CEO, Reed Hastings, is their culture of high performance which focuses on fostering ”Freedom and Responsibility.”
Below is an amazing PowerPoint presentation that details the core values and beliefs that truly makes Netflix special. There is a lot an organization or HR pro can learn from Netflix and how they have created, articulated, and implemented a culture that delivers the goods.
Over the next few blog posts, I will breakdown those key elements that make Netflix’s culture so special. Until the next post take a look at the slides and let me know if you believe Netflix is a high performance culture or just hype?
Photo Credit: HackingNetflix
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I think this is absolutely brilliant. And courageous. Curious about their regretted turnover. I’m inspired.