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Reed Hastings shares the 3-word tactic that helped make Netflix a $240 billion company—it's called 'farming for dissent' - TL;DR CNBC

Reed Hastings shares the 3-word tactic that helped make Netflix a $240 billion company—it's called 'farming for dissent'

Publishing timestamp: 2024-04-20 08:30:01


Summary

Reed Hastings, co-founder and chairman of Netflix, emphasizes the importance of seeking critical feedback from employees in order to generate new ideas and strategies for growth. He encourages a culture of "farming for dissent" where employees feel comfortable disagreeing with their managers. This approach has helped Netflix make stronger decisions and learn from past failures, ultimately leading to the company's success.


Sentiment: POSITIVE

Tickers: NFLX

Keywords: personnelreed hastingsnetflix incjeff bezos

Source: https://www.cnbc.com/2024/04/20/how-to-make-big-decisions-the-tactic-reed-hastings-used-at-netflix.html


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