Ted Sarandos, the Co-CEO of Netflix, has justified the decision of the company to revamp its culture deck by eliminating the section on freedom and responsibility.
According to a recent report by Business Insider, Netflix faced pushback even after updating its renowned culture deck in June following 12 months of incorporating feedback from 1,500 employees. The company’s co-CEO, Ted Sarandos, mentioned that the initial version of the deck leaned more towards emphasizing freedom over responsibility.
Could you provide information on the latest culture deck update recently rolled out by Netflix?
The streaming platform decided to remove the freedom and responsibility section from its culture deck in the latest update and introduced a new segment titled “Prioritizing People over Process.
The latest segment emphasizes the recruitment of individuals who excel in transparency and autonomy, referred to as “exceptionally responsible individuals” in the report.
Furthermore, an additional clause was incorporated into the “Keeper’s Test.” This assessment, first implemented in 2009, serves the purpose of establishing the suitable moment for parting ways with an employee who expresses a desire to depart.
The disclaimer in the statement urges individuals to have frequent discussions with their supervisors regarding positive developments.
Netflix’s Co-CEO’s statement regarding the shift in culture was about what?
Sarandos emphasized the importance of evolving culture during an interview at The Wall Street Journal’s Tech Live conference, stating, “Acknowledging that the culture is shifting is essential. We actively participate in reshaping the culture to align with our way of operating rather than enforcing rigid guidelines.”
Former Meta COO Sheryl Sandberg once hailed the culture memo as “the most vital document to emerge from the tech hub.” In 2022, an update to the memo at Netflix implied that employees had the option to leave if they were not comfortable working on certain content.
