
Reed Hastings founder and co-CEO of Netflix
In Good Company with Nicolai Tangen
00:00
High Performance Culture and Talent Orientation
Creating a high-performance culture involves working with incredible people and prioritizing team excellence over individual security. Embracing job insecurity for the chance to be part of a top-performing team akin to a sports team where everyone excels at their role, resulting in an amazing team dynamic. To attract high-performance individuals, offering freedom, responsibility, top-tier compensation, and openness is crucial. The approach is inspired by various sources rather than a single model, focusing on talent density instead of conventional practices like using golden handcuffs for retention. By promoting a love for work and eschewing traditional methods like vesting, the organization achieves low employee turnover.
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