Netflix's CEO argues a creative workplace needs as few policies and rules as possible to thrive — and credits the company's meteoric rise to its unorthodox workplace culture. Others say it can be ruthless and transparent 'to the point of dysfunction.'
"Our IPO was at $1 about 20 years ago. Now we're about $500," he said."We do attribute a lot of that to the culture."Hastings discusses one of the guiding principles of his anything-goes, radically transparent management style: The Keeper Test.If the answer is"not very hard," maybe it's time for you to go.That culture has some employees constantly looking over their shoulder, worried about being perceived as anything less than a star worker.
Hastings counters that people of all backgrounds have ways to rise in the company. He notes that of Netflix's top 20 leaders, half are women and a quarter are people of color, even as he concedes that the Netflix way is not for everyone."Those who feel fear tend to check out because it's an unpleasant feeling.
"People are not rewarded for giving feedback. There's gonna be emotions. There's human beings. Somebody is gonna cry. You just don't wanna. It's like, 'You know what? Let's just wait,'" Knee said.
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