inside netflix: the company culture that created a $37b business

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Page 1: Inside Netflix: The Company Culture That Created a $37B Business

Photo courtesy of Helge Thomas, Flickr

Page 2: Inside Netflix: The Company Culture That Created a $37B Business

If you bought $1,000 worth of Netflix shares when they went public in 2004, they would be

worth $82,819 today

Page 3: Inside Netflix: The Company Culture That Created a $37B Business

That’s an 8,281% return on your money in 11 years, or a

752% return each year

Page 4: Inside Netflix: The Company Culture That Created a $37B Business
Page 5: Inside Netflix: The Company Culture That Created a $37B Business

Netflix is a critical mix of three important elements every company needs to

succeed

Page 6: Inside Netflix: The Company Culture That Created a $37B Business
Page 7: Inside Netflix: The Company Culture That Created a $37B Business
Page 8: Inside Netflix: The Company Culture That Created a $37B Business
Page 9: Inside Netflix: The Company Culture That Created a $37B Business

Innovation and timing are critical, but today we will

focus on the brilliant company culture Netflix founder Reed

Hastings created

Page 10: Inside Netflix: The Company Culture That Created a $37B Business

Photo courtesy of re:publica, Flickr

Reed Hastings,Netflix Founder & CEO

Page 12: Inside Netflix: The Company Culture That Created a $37B Business

Here are our top 10 take aways from Netflix’s culture

deck

Page 13: Inside Netflix: The Company Culture That Created a $37B Business

Flexibility is more important than efficiency over the long

term

1

Page 14: Inside Netflix: The Company Culture That Created a $37B Business

Titles aren’t prestigious and are not a way to measure the

impact you have on the company

2

Page 15: Inside Netflix: The Company Culture That Created a $37B Business

People are paid relative to their market value, not to

keep up with their co-workers

3

Page 16: Inside Netflix: The Company Culture That Created a $37B Business

It’s up to you, the individual, to manage your career path - not the management team

4

Page 17: Inside Netflix: The Company Culture That Created a $37B Business

The best managers spend most of their time focused on context not

control

5

Page 18: Inside Netflix: The Company Culture That Created a $37B Business

Everyone should behave and make decisions like they are the owner of the company

6

Page 19: Inside Netflix: The Company Culture That Created a $37B Business

Focus on the result, not the process - as long as the result is

great, who cares about the process?

7

Page 20: Inside Netflix: The Company Culture That Created a $37B Business

Have a bias towards action and don’t get stuck in “analysis

paralysis” - just do it

8

Page 21: Inside Netflix: The Company Culture That Created a $37B Business

Respect everyone in the company, regardless of their

status or title

9

Page 22: Inside Netflix: The Company Culture That Created a $37B Business

Look to your employees to create and suggest ideas that

will drive the company forward

10

Page 23: Inside Netflix: The Company Culture That Created a $37B Business

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