Innovation can happen fast or slow, and both are important
Reed Hastings recognized that Netflix needed both kinds of innovation
Proving what you have is often the right strategy, but sometimes everything changes
It's important to recognize the differences in the pace of innovation
The typical business model is now shorter lived due to faster invention
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).