What makes a company successful with their employees, partners, and customers? Culture is perhaps the biggest driver. I spent time reading these slides (you should invest 10 minutes) to understand what makes Netflix so unique. Out of these drivers, which ones does your company actually live?
It was interesting that working harder isn’t valued as much as working smarter. I once worked at a company where they would hire 3 mediocre people to accomplish the job of 2 people and pay those three less than the average as they were easily replaceable (it didn’t work out for them). A top salary was the most important, as the employees could then apply it towards whatever benefits they preferred.
Here’s a link to their Google Finance chart, their stock continues to rise during the recession. Love to hear your reactions