Managing on the edge of chaos requires high performance people

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#730: Reed Hastings, Co-Founder of Netflix — How to Cultivate High Performance, The Art of Farming for Dissent, Favorite Failures, and More

The Tim Ferriss Show

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Managing on the edge of chaos requires high performance people

Managing on the edge of chaos involves being super creative without tipping into chaos, as market shifts pose the real risks to most businesses. This requires high performance individuals who understand the big picture and can achieve results without excessive rigidity.

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Reed Hastings became executive chairman of Netflix in 2023, after 25 years as CEO. He co-founded Netflix in 1997. Reed is also a majority owner of Powder Mountain. He is currently on the board of several educational organizations including KIPP and Pahara.

Timestamps for this episode are available below.

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Timestamps:

[00:00] Start

[06:34] Alfred Lee Loomis and Tuxedo Park.

[07:53] Risk tolerance: nature or nurture?

[10:56] Cultivating culture that “eats strategy for lunch.”

[15:41] The logic behind generous severance.

[17:02] Adapting to Pure chaos.

[18:44] Reference checking potential hires.

[20:29] Context vs. control.

[22:35] Radical candor.

[24:15] Guardrails for maintaining work/life balance.

[27:04] Farming for dissent.