I came across the “Netflix Culture: Freedom & Responsibility” document on Sunday evening. It was a good revisit of the Netflix values and philosophy of excellence.
Sheryl Sandberg even called it “the most important document ever to come out of the Valley.”
It’s a living set of “behaviors and skills” that the Netflix management team updated continuously and fastidiously. And it drives toward a single point: a company is like a pro sports team, where good managers are good coaches, and the goal is to field stars in every position.
There are lot of good insights:
1. Like the expense policy – Act In Netflix’s Best Interest !
2. Highly Aligned, Loosely Coupled – Makes sense
3. Pay top performers the top salaries – no bell curves or standard increment
4. Honesty and top severance packages
A Must Read for sure !
[slideshare id=1798664&doc=culture9-090801103430-phpapp02]
Source: First Round
Also Read Harvard Document on Netflix – How Netflix Reinvented HR by Patty McCord