Great companies hinge both on the people you hire and the culture you build to keep them. Adam's takeaways have a lot in common with what reed hastings shared earlier. Pure sophoer sold for 750 million dollars. That gave reed the seed money to launch net flicks in 19 97. It started as a service that mailed d v ds to your door. Block buster filed for bankruptcy in two thousand and ten, shrunk from nine thousand stores at its height to roughly ten stories to day. We were unable to adapt to it because we had a bunch of people who valued following the process rather than first principle thinking....
As Reed Hastings steps down from his co-CEO role at Netflix, we return to the leadership lessons he shared in his original Masters of Scale episode. This episode is all about how you need a strong culture to build a company that will scale beyond the early start-up days. And strong company cultures only emerge when every employee feels they own the culture from day 1. Here's how Reed Hastings and his team at Netflix did it – and made their culture deck famous in the process. Cameo appearances: Jeff Weiner (LinkedIn), Aneel Bhusri (Workday), Margaret Heffernan (entrepreneur), Tristan Walker (Walker & Co.), Mariam Naficy (Minted).
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