No Rules Rules

Netflix and the Culture of Reinvention
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ISBN-13:
9781984881885
Veröffentl:
2020
Erscheinungsdatum:
08.09.2020
Seiten:
295
Autor:
Reed Hastings
Gewicht:
382 g
Format:
232x153x27 mm
Sprache:
Englisch
Beschreibung:

Reed Hastings and Erin Meyer
AUTHORITATIVE AND OFFICAL: Reed Hastings has never had, and will never have, a hand in another book about Netflix. For those who want to hear the secrets of one of the most important technology and entertainment companies of our time from the horse's mouth, this is it, and Hastings himself will be fully supportive and available for promotion at the time of publication.ONE-OF-A-KIND BUSINESS BOOK: The management principles at Netflix are shocking. Do merely a good job? You're out. Want to know your colleagues salary? That information is available to all employees. This way of working is not for everyone-some people will run for the hills-but this is unmissable for anyone in management.MASSIVE INFLUENCE: It is hard to overstate the significance of Netflix in American life today, and the degree to which the company has shaken up the media landscape. In 2019, Netflix is spending $15 billion to buy, produce and license content-up from $12 billion in 2018.This is the future of television and movies.WEALTH OF FIRSTHAND MATERIAL: Not only does Meyer bring to the table lots previously unreported anecdotes and stories from within the four walls of the company, but Hastings taps into much of his own professional autobiography in Silicon Valley to inform the story of Netflix's world-beating success.
Longlisted 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.

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