Not all of the reasons to enjoy Netflix are related to the creation of blockbuster films. Netflix has developed a unique and great workplace culture in order to support their success and a lot of companies aspire to be like them. Let’s investigate why Netflix company culture is so good.
Independence and accountability
By giving its employees complete freedom to act however they like as long as they complete their tasks on time and fulfil their interests, Netflix has established itself as a great place to work. Employees are trusted to make the right choice and are encouraged to take significant risks.
At Netflix, employees have the freedom to exercise their creativity to the fullest extent possible while simultaneously being held accountable for their actions. The business respects the degree of skill of its workers and has faith in them to operate in a way that will produce results and not abuse the chance they have been given.
Direct communication and feedback
Positive and helpful criticism is a regular occurrence at Netflix rather than just an annual event. Giving or accepting meaningful feedback can be challenging. But practice makes perfect, just like with any new habit.
Through teaching and role-modelling the behaviors Netflix company culture aims to assist individuals learn to offer and receive criticism. Asking for criticism from others or reflecting on something you haven’t yet shared with a co-worker requires courage and selflessness. They spend time cultivating solid business relationships because both depend on trust and good intentions.
Hiring the best fit for company
Only those who exhibit outstanding intelligence, talent, and skill are hired by Netflix. The business places its workers’ productivity in their hands because it thinks they have the intelligence to make the best choices with no guidance.
At this organization, hiring the best results in both personal development and growth. Top performers are constantly pushed to attempt new things and maintain their creativity by their peers. Giving the top performers a sizable severance compensation encourages them to keep improving.
Striving for the best
Netflix aims to enhance the culture rather than just maintaining it. Each day they find new methods to do more together as the culture develops and is shaped by each new employee. Because they have a dream team of more devoted individuals working together to succeed, they are learning more quickly than ever.
The greatness of Netflix is fuelled by this cultural excellence, and their long-term growth and stock price are fuelled by increased member happiness. It’s how they create an incredibly prosperous business that entertains the entire world.
Why it works?
For the past few years, the Netflix company culture has produced progress and productivity among its staff. The business dislikes micromanagement just as much as the professionals do. Because Netflix doesn’t micromanage its staff, they are encouraged to use self-control and good judgment when working for the corporation.
Employees can express their creativity and follow their passions without having to acquire multiple layers of approval. Limited knowledge limits innovation, and Netflix is aware of this. They provide staff members access to all the data they require to put their ideas into practice.