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| With 193m subscribers worldwide, Netflix has revolutionised the TV and film industry. Reed Hastings, the firm’s CEO, tells The Economist Asks podcast that its success is built on the radical management style he has created within the company. 00:00 How Netflix is managed 01:23 Why employees shouldn’t try to please their boss 03:09 Netflix's reputation for firing people 03:25 Unlimited holiday at Netflix 04:05 His management learning curve Further reading: Listen to the full interview with Reed Hastings on “The Economist Asks” podcast: https://econ.st/33j6ReK Find all of The Economist’s podcasts: https://econ.st/3m8YJpG See the data on how covid-19 boosted streaming services: https://econ.st/3k2euwM Read about Disney+ and the streaming wars: https://econ.st/35lN4xF How covid-19 disrupted film and television production: https://econ.st/3m9V36Y Read our article on Britbox, the BBC’s Netflix rival: https://econ.st/2Zp7Dpa China’s box office is set to become the world’s biggest—what does this mean for Hollywood? https://econ.st/3m4Iv0K Why Google has outgrown its corporate culture: https://econ.st/35rD5XJ |
The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.
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Ink by the barrel And paper by the pound
2020-09-12 at 20:42 (UTC 2) Link to this comment
Place one foot in order the other on chaos. Jordan Peterson has entered the chat.
Also sprach Zarathustra
2020-09-12 at 22:17 (UTC 2) Link to this comment
That's a common issue caused by moral hazard. Managers often use their position to force employees to please them instead of the company. Most CEOs are too far away from daily business to get all the things going on in their company. Loyalty to individuals is often considered to be more important than loyalty to the company.
Pablo Barattini
2020-09-12 at 22:43 (UTC 2) Link to this comment
It sounds all like bullsh*t!
Carlos Pinzon
2020-09-13 at 00:00 (UTC 2) Link to this comment
This feels a little like raising a kid, I wouldnt like them yo hide anything from me. And the only way to do that is accepting that they are learning thanks to mistakes. And that they shouldnt hinder from making them and keep learning.
Brian Smith
2020-09-13 at 00:21 (UTC 2) Link to this comment
Viaing for your position is the worst advice I’ve heard since. It becomes an I and not a we company at risk due to personal selfishness. It conflicts with right for the business. Otherwise everything else was fine.
Al Larsson
2020-09-13 at 00:55 (UTC 2) Link to this comment
Great content as always! Though the coronavirus caused a historic fall in global markets—crypto markets included— pundits still argue that now is the right time to buy Bitcoin and trade, rather than sell. It's smarter to earn profit and stack up in this bear market by getting your holdings into the active trading market from which I have grown my portfolio from *2.9btc-11btc already, with the help of Mr Douglas Murray’s trading guide and signals, Which have been lucrative trading with. if you are looking for a way to increase your portfolio or investment, Y'all can reach out to him through His * Mail *(Douglastrading10@gmail. com)" or Whatsapp +1 (832) 413-2374..
Al Larsson
2020-09-13 at 00:55 (UTC 2) Link to this comment
Great content as always! Though the coronavirus caused a historic fall in global markets—crypto markets included— pundits still argue that now is the right time to buy Bitcoin and trade, rather than sell. It's smarter to earn profit and stack up in this bear market by getting your holdings into the active trading market from which I have grown my portfolio from *2.9btc-11btc already, with the help of Mr Douglas Murray’s trading guide and signals, Which have been lucrative trading with. if you are looking for a way to increase your portfolio or investment, Y'all can reach out to him through His * Mail *(Douglastrading10@gmail. com)" or Whatsapp +1 (832) 413-2374..
shazzaf111
2020-09-13 at 01:16 (UTC 2) Link to this comment
No regrets, Douglas’s daily signal is the best have ever used and i would also assure anyone seeing this to give it a try
james Smith
2020-09-13 at 01:25 (UTC 2) Link to this comment
Great advice on crypto and passive platforms. Tells it like it is, honest opinion. Only promoting what is working.
Michelle Kimberly
2020-09-13 at 01:40 (UTC 2) Link to this comment
I highly respect his T/A for both targets and which way you lean bullish or bearish. Thanks!!!
Kar Loma
2020-09-13 at 02:05 (UTC 2) Link to this comment
I am so happy to see this here, here in Florida, they adore Douglas just because of his extraordinary trading pattern everybody uses to make gain.
Sbara80
2020-09-13 at 02:07 (UTC 2) Link to this comment
I stop caring and panicking about bitcoin price ever since i started using Douglas strategy, it gives me gain daily even with the downtrend
Dr. Lyle Evans
2020-09-13 at 01:04 (UTC 2) Link to this comment
No offense, but this lady looks like my sleep paralysis demon
Draco lord
2020-09-13 at 01:09 (UTC 2) Link to this comment
Is this potential 'unlimited vacation' paid or unpaid?
normal guy
2020-09-13 at 02:57 (UTC 2) Link to this comment
Remember "His Company is Built Different"
Steve Ronson
2020-09-13 at 04:13 (UTC 2) Link to this comment
Recode’s recently released podcast series ‘Land of the Giants’ – ‘The Netflix Effect’ – is worth the time investment – a fair and balanced account of the history of the corporation, its management (employer – employee) paradigm, strategic goal and year to year tactics
peter maree
2020-09-13 at 06:09 (UTC 2) Link to this comment
How do you then discipline staff if no guidance by rules
youtube Bystander
2020-09-13 at 06:12 (UTC 2) Link to this comment
They do this to save cost on those who dont take some of their leave convertible to cash. Im one of those employee who does it.
Jit Ganguly
2020-09-13 at 06:42 (UTC 2) Link to this comment
Hastings should opt for better internet service.
immorton joe
2020-09-13 at 07:15 (UTC 2) Link to this comment
Plenty ball lickers in india, lick the bosses hole ????
Mihai Ciprian Popa
2020-09-13 at 09:28 (UTC 2) Link to this comment
Damage control?
Truth Tell
2020-09-13 at 10:29 (UTC 2) Link to this comment
Psychopath dictator South Korea president moon. .
Alen Paul
2020-09-13 at 10:40 (UTC 2) Link to this comment
Cancel Netflix
E. Camilo
2020-09-13 at 11:00 (UTC 2) Link to this comment
So, Netflix has employed a methodology used by the Nordic states workforce for decades.
Corneles Mokodompit
2020-09-13 at 11:22 (UTC 2) Link to this comment
Asking informasi is you asnking now tim is you adesten