Question

How did Net Flix's core values support their success and detail the culture-changing actions? I must provide 250 words

Answer 1

Netflix’s core values are-

1. Judgment

2. Communication

3. Impact

4. Curiosity

5. Innovation

6. Inclusion

7. Courage

8. Passion

9. Integrity

10. Selflessness

The values are fully expanded upon in the manifesto, giving employees a clear road map on how to behave. Managers are asked to communicate regularly with staff about their performance, and staffs are encouraged to ask how they are doing in order to get honest and constructive feedback. Netflix only hires people who can work effectively as part of a team. Netflix’s policy of brutal honesty helps to build trust between colleagues as well as with management. It encourages ownership through flexibility like unlimited holidays. These values help to boost employees’ loyalty and productivity and it lead to organizational success and helps to gain competitive advantage over others. “People over process” is the company’s corporate culture’s core value.

Netflix’s idea of culture is bases on two premises: be honest and treat people like adults. Netflix reinvented the world of human resource. It is successful because of its workplace culture. It turns out to be a place where employees like to be. It encourages independent decisions making be employees, share information openly, broadly and deliberately, culture is extraordinarily candid with each other, keep only highly effective people and avoid rules; these are the some culture changing actions which are taken by Netflix. It’s culture values transparency, communication and ownership; feedback is a very crucial habit. In it each employee is responsible for his or her own work. Employees are given the full responsibility and freedom to make decisions when they are reasonably confident and managers trust their team members and follow that decision which is taken by them.

Netflix’s core values support their success and helps in taking workplace culture changing actions.