With this as background on Mr Hastings’ magical HR skills, we proceeded to find out more about he has to say about creating a winning corporate culture in the Age of Covid for small, fast growing businesses like Marcellus. Sheryl Sandberg, the adult supervision at Facebook for its founder Mark Zuckerberg, said the initial presentation “may well be the most important document ever to come out of the Valley.”” His PowerPoint presentation from 2009 on Netflix’s corporate culture had been viewed by well over 15 million people by the time it was updated and condensed in 2017. Hastings’s preoccupation at Netflix has been organizational design as much as product and technology. Most brought in professional management to either serve as chief executive or otherwise provide so-called adult supervision.Īlthough trained in computer science, Mr. All of his counterpart FAANG founders were in their 20s or early 30s when they took their companies public. He was in his 40s when Netflix went public in 2002 and had previously served as a public company chief executive. Netflix’s chief executive, Reed Hastings, has always been the adult in the room. But the key differentiator may be something less coldly financial and more softly subjective: Culture. Why has Netflix been able to keep public opinion on its side and become much loved company the world over? In an insightful piece in the NYT, Jonathan Knee offers us his view: “There are many possible reasons for this, including that Netflix is a fraction of the size of the others and it has eschewed acquisitions that might attract regulatory attention. Whilst most of the American tech giants have had their fair share of hubristic scandals (around predatory tactics vis a vis rivals and/or customers, low pay for employees, sexual harassment, bullying of employees, political lobbying, etc) in recent years, Netflix has been notably absent from the offenders’ list.

Netflix no rules rules