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Reed Hastings

👤 Person
551 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

So in Netflix, there was the meritocracy and and outsiders thought it was cutthroat, thought it was Hunger Games.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

um but inside it really wasn't people looked out for each other helped each other quite a lot but in the words we used to describe it um were not warm and loving enough and so it came across as uh brutal from the outside okay and so we were never really able to shake that uh kind of perception and in powder we started with big-hearted champions who pick up the trash

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

And so big hearted, of course, loving and generous as the lead word in our kind of employee motivation.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

Champions like, no, we really do care about performance.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

That's that meritocracy aspect.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

Very driven, keep her test, all the things that we had at Netflix.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

And then who pick up the trash is a symbol of self-responsibility and everything is my job.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

And people really do pick up the trash in both metaphor and actual ways.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

Yeah, everybody takes care of the trash at home, and only some people do that at work.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

I would say pretty imperfectly.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

You spend five or 10 hours of interviews with someone and it's just hard to tell sometimes.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

So I'm pretty open-minded.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

We'll take a chance on people.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

And then again, if it doesn't work out, we give them a package and move on.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

So some people say all the focus should be on the hiring process.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

And maybe they're able to do that incredibly well.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

I've found it's hard to differentiate.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

And so I'm willing to give people chances and let it be a little more instinctual.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

And then, you know, then you're with them for months and then you can really tell their performance as opposed to from the five or 10 hours of interviews.

The Knowledge Project
Netflix Founder Reed Hastings on Scaling High-Trust Culture & Bold Judgment

Well, it's rarely initially.