Great HBR article on HR as it should be… agreed with nearly every point, save the brutal culling of people if their jobs became superfluous.
- The best thing you can do for employees is hire only “A” players to work alongside them. Excellent colleagues trump everything else.
- If we wanted only “A” players on our team, we had to be willing to let go of people whose skills no longer fit, no matter how valuable their contributions had once been. Out of fairness to such people—and, frankly, to help us overcome our discomfort with discharging them—we learned to offer rich severance packages.
- Hire, Reward, and Tolerate Only Fully Formed Adults and then rely on common sense instead of HR policies
- Salaried employees were told to take whatever time they felt was appropriate.
- Expenses policy: “Act in Netflix’s best interests.”
- asked managers and employees to have conversations about performance as an organic part of their work
- Managers Own the Job of Creating Great Teams
- let employees choose how much (if any) of their compensation would be in the form of equity
- Leaders Own the Job of Creating the Company Culture
- Good Talent Managers Think Like Businesspeople and Innovators First, and Like HR People Last
Source: http://hbr.org/2014/01/how-netflix-reinvented-hr/ar/1
PDF of article: How Netflix Reinvented HR – Harvard Business Review
Slideshare: http://www.slideshare.net/reed2001/culture-1798664
PDF version of deck: netflix_culture
