Decked

Still on the theme of hiring: if you run a business, and haven’t read Netflix CEO Reed Hasting’s ‘culture deck’, go read it now. It’s a cogent philosophy for hiring great people, running a company and scaling up an ‘A player’ team.

A few gems:

“We’re a team, not a family. We’re like a pro sports team, not a kid’s recreational team. Netflix leaders hire, develop and cut smartly, so we have stars in every position.”

“The Keeper Test: Which of my people, if they told me they were leaving, for a similar job at a peer company, would I fight hard to keep at Netflix?”

“Netflix Vacation Policy and Tracking: there is no policy or tracking. There is also no clothing policy at Netflix, but no one comes to work naked. Lesson: you don’t need policies for everything.”

and a personal favorite:

“Adequate performance gets a generous severance package.”