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While Netflix claims a 10-11% employee turnover rate, similar to what can be seen across the tech industry, they have a culture of ‘if you are not the right person for the job, you will be replaced’.
They treat their employees like a team, not a family.
83
439 reads
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Reed Hastings, CEO of Netflix, encourages what he calls farming for dissent.
Everyone is encouraged to have ideas and share them, but when you do have an idea, you should try to get your coworkers to tell you what is wrong with your idea - farm for dissent....
121
5.62K reads
While most major companies try to hide their financials and other sensitive information, the whole in-the-hundreds pool of Netflix executives has access to subscriber reports and other crucial financial data.
This transparency signifies trust in their employees and it encou...
79
440 reads
At Netflix, sharing that you have done something wrong is encouraged, and their process of doing so publicly is called sunshining.
Sunshining implies standing in front of coworkers, executives and other team members and telling them about what you did badly, how you were wr...
100
486 reads
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4 ideas
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🔥 Building @deepstash 🧬 Interested in tech, science, philosophy, marketing, business, health. Lifelong learner.
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"Glossy work" comes at a cost to employers as they have to manage discontent and staff turnover.
How employers can stop the "glossy work" cycle:
This style starts with the idea that team members agree to obey their leader when they accept a job.
The "transaction" usually involves the organization paying team members in return for their effort and compliance on a short-term task. The leader has a right to "punish" team members if th...
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