Learning Goal: I’m working on a management case study and need an explanation and answer to help me learn.
Reed Hastings, founder of Netflix, has arguably created a company that has turned the status quo of HRM on its head. Instead of creating more rules as Netflix grew, Hastings gave his employees more freedom. A strategic HRM system was crafted that simultaneously gives employees freedom and responsibility. Yet these are opposing forces. At Netflix, adequate performance gets a generous severance, and hard work is irrelevant. In addition, you don’t try to please your boss, you practice radical candour. Employees never need approval, and the company always pays the top of the market rates. Netflix argues that their ability to manage people via giving employees freedom has been so successful that they continue to reduce their controls (and rules).
Required (Approx. 1500 – 2,000 words):
Additional Information
Research will need to encompass the use of textbook sources, peer reviewed & other articles, business databases and relevant media sources. When researching the Netflix case and compiling your case report, you need to make sure you have included:
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