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Sep 9, 2020 · 10:50. Before Reed Hastings co-founded Netflix in 1998, he learned an invaluable business lesson from his marriage counselor about being honest, no matter what. He later took that concept,...
Sep 23, 2020 · Meyer and her co-author Reed Hastings, founder of Netflix, make clear, though, that family is a faulty model for ambitious, growth-hungry businesses such as the video-streaming and media group.
- Offer Feedback Anytime, Anywhere
- Pay People More Than They Expect
- Trusting People Is Worth The Risk
- Champion The Brilliant Idea Your Boss Hates
- Own Your Mistakes
- Practice The ‘Keeper Test’
- Give Context, Not Directions
Most people are reluctant to give constructive criticismto their colleagues — especially their bosses. Even if their feedback is well-intentioned, people worry about coming across as harsh. Netflix thinks about this differently. Here’s an example from the book: Rose, a VP on Netflix’s global communications team, met with her colleagues to present h...
In another anecdote from the book, Sarandos (who was then the chief content officer), was giving a monthly update to his staff. He told them the market was heating up, and that they should expect to receive calls from recruiters from other big tech companies. But this wasn’t a warning. It was an invitation — Sarandos encouraged his employees to tak...
Rob Caruso, the new VP of digital products at Netflix, strolled into his first quarterly business review and was shocked. To a crowd of 400 managers, several days ahead of Netflix’s earnings call, when the rest of the world would see its books, former CEO Hastings dove deep into the company’s financials and strategy. Caruso couldn’t believe it. Typ...
Years ago, Netflix users didn’t have the ability to download Netflix content in order to watch it offline. Both former CEO Hastings and the company’s chief product officer, Neil Hunt, were against the idea. They thought that building a download functionality would pull valuable resources away from their main focus, which was making Netflix an excel...
Yasemin Dormen was heading up a Turkish social media campaign for Netflix’s hit sci-fi show Black Mirror. Dormen thought it would catch people’s attention to create creepy, cryptic messages and post them on Turkey’s equivalent to Reddit, to generate buzz for the mysterious show’s upcoming fourth season. But the idea backfired. People found the mess...
Hastings and McCord learned something valuable in the early days, when they saw Netflix’s culture turn around after the company laid off a third of its staff. They realized that the most effective way for them to innovate was to keep only “the keepers.” Since then, Netflix leaders have encouraged managers to regularly practice something called the ...
Adam Del Deo, Netflix’s director of original documentary programming, fell in love with the movie Icarus. It was a gripping documentary about how competitive cycling became embroiled in an international doping scandal, and it had just premiered — to rousing applause — at the Sundance Film Festival. Del Deo wanted Netflix to acquire Icarus. But he k...
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- Senior Associate Editor
Sep 15, 2020 · In his new book No Rules Rules, Reed Hastings argues that in order for a creative workplace to succeed, it needs as few policies and rules as possible. Others say the culture is demoralizing.
Sep 18, 2020 · In interviews about the book, Reed spoke about how Netflix employees are less like a family and more like an Olympic sports team, always trying to have the best players in every position and a collective sense of improvement and success.
Jan 20, 2023 · Reed Hastings, who stepped down as Netflix chief executive on Thursday, co-founded a company that has became the byword for a tech revolution in the entertainment business.
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Sep 7, 2020 · Netflix’s chief executive, Reed Hastings, has always been the adult in the room. He was in his 40s when Netflix went public in 2002 and had previously served as a public company chief executive.
