Netflix Values: Feedom & Responsibility
We Seek Excellence Our culture helps us seek excellence
Seven Aspects of our Culture
Values are what we ValueHigh PerformanceFreedom & ResponsibilityContext, not ControlHighly Aligned, Loosely CoupledPay Top of MarketPromotions & Development
<p>Netflix Culture:
Freedom & Responsibility
1
We Seek Excellence
Our culture focuses on helping us
achieve excellence
2
Seven Aspects of our Culture
• Values are what we Value
• High Performance
• Freedom & Responsibility
• Context, not Control
• Highly Aligned, Loosely Coupled
• Pay Top of Market
• Promotions & Development
3
Many companies have nice sounding
value statements displayed in the
lobby, such as:
4
Integrity
Communication
Respect
Excellence
Enron, whose leaders went to jail,
and which went bankrupt from fraud,
had these values displayed in their lobby:
Integrity
Communication
Respect
Excellence
5
(These values were not, however, what was really valued at Enron)
The actual company values,
as opposed to the
nice-sounding values,
are shown by who gets
rewarded, promoted, or let go
6
Actual company values are the
behaviors and skills
that are valued
in fellow employees
7
At Netflix, we particularly value the
following nine behaviors and skills
in our colleagues…
…meaning we hire and promote
people who demonstrate these nine
8
You make wise decisions
(people, technical, business, and
creative) despite ambiguity
You identify root causes, and get
beyond treating symptoms
You think strategically, and can
articulate what you are, and are
not, trying to do
You smartly separate what must
be done well now, and what can
be improved later
9
Judgment
10
Communication
You listen well, instead of
reacting fast, so you can better
understand
You are concise and articulate in
speech and writing
You treat people with respect
independent of their status or
disagreement with you
You maintain calm poise in
stressful situations
11
Impact
You accomplish amazing
amounts of important work
You demonstrate consistently
strong performance so
colleagues can rely upon you
You focus on great results rather
than on process
You exhibit bias-to-action, and
avoid analysis-paralysis
12
Curiosity
You learn rapidly and eagerly
You seek to understand our
strategy, market, customers, and
supplie