A Financially Powerful Culture

More than twenty-five years ago, I knew next to nothing about the concept of company culture. Treating others the way I wanted to be treated. That’s what I did and hoped others would do the same. I never worked for a CEO before 2004 whose primary focus was building and developing great teams. One of my favorite books on culture is Powerful by the first HR leader at Netflix. This is the book I would have enjoyed reading in the 1990s.

Episode Highlights

• What is lifelong learning?
• The reason two no-name CFOs love the book Powerful
• The difference between a culture- and compliance-centric HR leader
• HR’s role of finding, getting and developing talent
• Patty’s mindset of facts vs data
• Employee annual reviews
• An alternative to annual reviews
• Assessments for teams, groups, and troupes
• The role of variable pay and does it work?
• On learning every aspect of the business including TV scripts, IT, and data science
• Is culture overrated?
• Teams vs family

One of the reasons that I’m no fan of the annual performance review process is that not only does it take up a lot of your HR department’s time, but it is so often removed from any true connection to business results and serving customers.

Patty McCord

The Famous Netflix Culture Slidedeck