Netflix does Personnel Strategy

Occasionally someone assembles a set of ideas that you wish you put together. The thoughts are crisp, relevant, and different. Well, that’s what the team at Netflix has done (the CEO Reed Hastings mainly). They have a 128 page slide deck that explains their salaried personnel strategy. And I have to say that its really good. They took a Blue Ocean approach and defined their own rules. I would call it blunt and fair. My only criticism is that I could see their internal work environment getting very competitive.

But this reminds me of a few years ago (2004) , the CEO of Raytheon, William Swanson,  published a booklet called “Swanson’s Unwritten Rules of Management.” In it are 33 rules that are both straight forward and useful i.e. “If you are not criticized you might not be doing much.” Unfortunately for Swanson, he lifted these rules from an engineering book. I don’t anticipate that happening with this, just that it will create the same amount of buzz.

Here are some blurbs I pulled out (slide show below):

Seven Aspect to Our Culture:

  • Values are What We Value
  • High Performance
  • Freedom and Responsibility
  • Context, Not Control
  • Highly Aligned, Loosely Coupled
  • Pay Top of Market
  • Promotions and Development

But unlike many companies, we practice “adequate performance gets a generous severance package.”

The Keeper Test Managers Use:

Which of my people if they told me they were leaving in two months for a similar job at a peer company, would I fight hard to keep at Netflix

About benleeson
My name is Ben Leeson. I currently work for a large financial company in IT. I went to school at Marist College in Poughkeepsie, NY. I graduated with a B.S. in Business Administration concentrating in HR. Professor William Brown taught me and I enjoyed his classes; even acquiring an appreciation for just about all things HR. I didn’t pursue a job in that field after college but I’ve kept up with it. This blog will further my fascination with all things HR. I hope to grow my knowledge of the area through thoughtful writings and spirited feedback. I will attempt to have a fairly routine style so anyone reading can come to expect certain segments. Please excuse my incorrect grammar and occasional misspelling.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: