No Rules Rules

No Rules Rules by Reed Hastings & Erin Meyer Book Summary

Netflix cofounder Reed Hastings reveals for the first time the unorthodox culture behind one of the world's most innovative, imaginative, and successful companies

There has never before been a company like Netflix. It has led nothing short of a revolution in the entertainment industries, generating billions of dollars in annual revenue while capturing the imaginations of hundreds of millions of people in over 190 countries. But to reach these great heights, Netflix, which launched in 1998 as an online DVD rental service, has had to reinvent itself over and over again. This type of unprecedented flexibility would have been impossible without the counterintuitive and radical management principles that cofounder Reed Hastings established from the very beginning. Hastings rejected the conventional wisdom under which other companies operate and defied tradition to instead build a culture focused on freedom and responsibility, one that has allowed Netflix to adapt and innovate as the needs of its members and the world have simultaneously transformed.

Hastings set new standards, valuing people over process, emphasizing innovation over efficiency, and giving employees context, not controls. At Netflix, there are no vacation or expense policies. At Netflix, adequate performance gets a generous severance, and hard work is irrel­evant. At Netflix, you don’t try to please your boss, you give candid feedback instead. At Netflix, employees don’t need approval, and the company pays top of market. When Hastings and his team first devised these unorthodox principles, the implications were unknown and untested. But in just a short period, their methods led to unparalleled speed and boldness, as Netflix quickly became one of the most loved brands in the world.

Here for the first time, Hastings and Erin Meyer, bestselling author of The Culture Map and one of the world’s most influential business thinkers, dive deep into the controversial ideologies at the heart of the Netflix psyche, which have generated results that are the envy of the business world. Drawing on hundreds of interviews with current and past Netflix employees from around the globe and never-before-told stories of trial and error from Hastings’s own career, No Rules Rules is the fascinating and untold account of the philosophy behind one of the world’s most innovative, imaginative, and successful companies.

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@Ayokasz @Ewatomhie When you're not available they'll replace you and tell u, u weren't there when they needed you.…

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@VeritasPrimor: Actually, further lock downs are the product or repeated calls for stricter rules after the opposition were duped into b…

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cw stereotypical gender rules 1st there is no man and woman in a gay relationship.. 2nd you cant repost someone a…

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@NavroopSingh_: UPSC Representation is the issue & i guess Government can create the rules that no sect dominates it and there is parity…

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@mcash: We teachers can do everything right and still be blamed. 8 staff at a Lancashire school have Covid. Suspected cause is a social…

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@TeamSiddShukIa: [email protected] needs no intro. He rules on the heart of Zillion girls. He makes people crazy by his one smile and w…

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@lucasgarth @StevePriceMedia @heidimur No where not as if the great man would allow that. The stage three begins tw…

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@Per_boson It's okay I just think all the rules these days are silly 😜 it's a little annoying but no one except pr…

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@Carnivius @TwitterSupport I received an email saying he didn't violate any rules but few moments ago I got this...…

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@LofayPeter @Gazzagunna @macsween_prue @bob_parto Oh no lovely Peter, urban sprawl is an issue too. Do you know in…

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@Miss_Baloons No he didn’t, some people hate following the rules

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@naughty_libra: Reason why I don’t like fighting on Twitter is because there are no rules. You can tell someone, that’s why your head l…

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@Minks28: Everyone wants to be the King👑 until it's time to do what Kings do.. No one rules hearts as our King does.. There never was…

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@IamMike_Gordon: It's #friskyFriday!!!No time for grass-under your feet-not the time to be discreet-get up an'move with that #beat!Ain't…

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@MattHancock shove your rules no one cares anymore

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