no rules rules netflix and the culture of reinvention summary

However, there is a fair amount of self-satisfied navel-gazing in the commentary, so don’t be fooled into thinking that this is an easy “How-To Guide” to take your business stratospheric. Each chapter has a neat summary of the nine core principles that embody the Netflix culture, making it more accessible and, potentially, achievable. There are brilliant catchphrases and buzzwords that will jump out at you, prompting you to dog-ear the pages or make some pencil notes in the margin – “no brilliant jerks”, “freedom and responsibility”, “context not control” and “informed captains” immediately come to mind. The book, co-written by Netflix CEO Reed Hastings and INSEAD Professor Erin Meyer, alternates between anecdotes of how the company’s values play out in real life and broader business context (and some sneaky fact-checking of Reed’s narrative with Erin’s 200+ interviews with Netflix employees). The underlying philosophy at Netflix is “people over process”, and this is more than just a vague mission statement on the website that gets ignored in practice. How has Netflix become the powerhouse it is, with a share price over $500, 195 million subscribers and presence in pretty much every country across the globe?Ĭontrary to snarky market comments, Netflix was doing well even before we all had to shelter in place with little more to entertain us than internet streaming. But the content is what will have you hooked. The prose is digestible and compelling, making it an easy read. Once you start reading, it won’t even stay closed long enough for you to claim it’s “on your bedside table”. The book that should be on every leader’s holiday reading list is No Rules Rules: Netflix and the Culture of Reinvention.

No rules rules netflix and the culture of reinvention summary