Best No Rules Rules: Netflix and the Culture of Reinvention By Reed Hastings,Erin Meyer
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Ebook About The New York Times bestsellerShortlisted for the 2020 Financial Times & McKinsey Business Book of the YearNetflix cofounder Reed Hastings reveals for the first time the unorthodox culture behind one of the world's most innovative, imaginative, and successful companiesThere has never before been a company like Netflix. It has led nothing short of a revolution in the entertainment industries, generating billions of dollars in annual revenue while capturing the imaginations of hundreds of millions of people in over 190 countries. But to reach these great heights, Netflix, which launched in 1998 as an online DVD rental service, has had to reinvent itself over and over again. This type of unprecedented flexibility would have been impossible without the counterintuitive and radical management principles that cofounder Reed Hastings established from the very beginning. Hastings rejected the conventional wisdom under which other companies operate and defied tradition to instead build a culture focused on freedom and responsibility, one that has allowed Netflix to adapt and innovate as the needs of its members and the world have simultaneously transformed. Hastings set new standards, valuing people over process, emphasizing innovation over efficiency, and giving employees context, not controls. At Netflix, there are no vacation or expense policies. At Netflix, adequate performance gets a generous severance, and hard work is irrelevant. At Netflix, you don’t try to please your boss, you give candid feedback instead. At Netflix, employees don’t need approval, and the company pays top of market. When Hastings and his team first devised these unorthodox principles, the implications were unknown and untested. But in just a short period, their methods led to unparalleled speed and boldness, as Netflix quickly became one of the most loved brands in the world. Here for the first time, Hastings and Erin Meyer, bestselling author of The Culture Map and one of the world’s most influential business thinkers, dive deep into the controversial ideologies at the heart of the Netflix psyche, which have generated results that are the envy of the business world. Drawing on hundreds of interviews with current and past Netflix employees from around the globe and never-before-told stories of trial and error from Hastings’s own career, No Rules Rules is the fascinating and untold account of the philosophy behind one of the world’s most innovative, imaginative, and successful companies.Book No Rules Rules: Netflix and the Culture of Reinvention Review :
Netflix, lost all respect for them. What an embarrassment. Shame on Netflix and Reed Hastings. Check out Cuties on Netflix, you'll understand why. Summary:Reed Hastings, co-founder and CEO of Netflix, talks the leadership philosophy that underpins the culture at Netflix: Creating people talent density, an environment of candor, and empowering employees through decentralized decision making versus restrictive controls.Is it insightful? 5 StarsGreat insight on how to attract and retain the best people and compensate them based on market value versus internal controls, i.e. salary bands, trust them to make decisions on how to do their job, hold them accountable for great performance, and openly learn from failure and share the lessons learned with the rest of the organization.Is it creative? 4 StarsAt end of each chapter there is a summary of key points to underscore the most important take-aways. Each chapter builds upon the prior chapter to demonstrate how each of the nine “dots” connect to create the empowered culture.Is the well written? 4 StarsEach chapter contains an explanation of what happens at Netflix by Hastings then some leadership philosophy by Meyer. Book uses numerous references where someone other than Hastings or Meyer was speaking. I found it confusing at times where I thought Hastings was speaking then discovered it was someone else. Would have helped if quotes from others were in italics or quotation marks were used.Is it a page turner? 5 StarsEach leadership point logically builds upon prior points made. As example, if you’re going to remove controls you first need a high-performance workforce capable of making decisions in the best interest of the company. What also struck me from the philosophy is the importance of the person at the top not just supporting it but living and breathing it. If there’s going to be decentralized decision making without governing policies then that needs to be true for an entire organization, not just a department within an organization. A mid-level manager reading the book would not be able to implement many of the concepts in the book on his or her own; it needs to start with the CEO and permeate through the organization. Read Online No Rules Rules: Netflix and the Culture of Reinvention Download No Rules Rules: Netflix and the Culture of Reinvention No Rules Rules: Netflix and the Culture of Reinvention PDF No Rules Rules: Netflix and the Culture of Reinvention Mobi Free Reading No Rules Rules: Netflix and the Culture of Reinvention Download Free Pdf No Rules Rules: Netflix and the Culture of Reinvention PDF Online No Rules Rules: Netflix and the Culture of Reinvention Mobi Online No Rules Rules: Netflix and the Culture of Reinvention Reading Online No Rules Rules: Netflix and the Culture of Reinvention Read Online Reed Hastings,Erin Meyer Download Reed Hastings,Erin Meyer Reed Hastings,Erin Meyer PDF Reed Hastings,Erin Meyer Mobi Free Reading Reed Hastings,Erin Meyer Download Free Pdf Reed Hastings,Erin Meyer PDF Online Reed Hastings,Erin Meyer Mobi Online Reed Hastings,Erin Meyer Reading Online Reed Hastings,Erin MeyerBest Book of Ages: The Life and Opinions of Jane Franklin By Jill Lepore
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