Instant, DVD, BluRay? Facebook users were in an uproar last week over changes Netflix announced in pricing structures. This follows earlier shifts to align itself more closely to a streaming-only business model. (The move didn’t bother me much- I’ve had the same DVD out for months- I’ve shifted with them to a streaming-only account.) While this may result in a handful of lost customers, ultimately, the change is necessary to keep core services aligned to business goals.
At Netflix, CEO Reed Hastings thinks it’s also critical to keep values aligned to business goals. Check out this 126-page presentation from Hastings on innovation and culture. In the slides, Hastings says “At Netflix, we particularly value the following nine behaviors and skills in our colleagues... meaning we hire and promote people who demonstrate these nine.” Those values are judgement, communication, impact, curiosity, innovation, courage, passion, honesty and selflessness. He goes on to describe a ‘great workplace’ as “stunning colleagues. Great workplace is not espresso, lush benefits, sushi lunches, grand parties or nice offices. We do some of these things, but only if they are efficient at attracting and retaining stunning colleagues.”
Wow. Just wow. What does your CEO say about what a great workplace is?
When you ask him or her, if you ask, be prepared to answer where and how you’ll find that talent. George Hoffmaster, Practice Leader of Talent Acquisition Solutions at the Newman Group, can help with Five Questions for Driving Talent Acquisition Improvement.
You’ll also want to embrace new ideas centered around supply chain methodology; get a preview of brand-new research from HCI on The Supply Chain of Talent with Teresa Carroll, Senior Vice President and Global CWO Practice Leader at Kelly Services and Peter Melanson, Global Sourcing Manager, Temporary and Permanent Staffing, Intel Corporation.
Image: alforque