Netflix's lessons on management

Michael Hart, the Director of Engineering at Netflix was the guest lecturer at our Strategic Management class yesterday.  He lent some interesting insights into the management mantra at Netflix, one of the most successful companies in recent times.  Netflix stock is in over $170 from $40 just over a year ago, and employee count has almost doubled in the last year alone.  What's the secret to their success?  Hart believes it is Netflix' "talent density."  Netflix spends a lot of money and time hiring only the best.  Its VP of HR, known as Chief Talent Officer, personally interviews every potential employee at Netflix.  The company's values are also posted publicly as embedded below.  By sharing the slides publicly, Netflix demonstrates they are willing to stand by their values, and gives potential employees a glimpse into its culture.