![]() ![]() To achieve that, there are a few operating principles and tactics they employ to systematically increase both of those success metrics. ![]() Even when these bets fail, they provide both learning to the person and into the company problem.Īnd that is the underlying principle that Netflix operate upon: how to maximise the rate in which individuals take good risks and learn from their actions. To solve complex problems well, an organization needs to take high informed risks even if they don't always play out. This insight built principles that operate across the board: from how to define roles and responsibilities, divide work, and make decisions. Building consumer products is fundamentally a complex problem. ![]() Netflix's success is due to its organizational practices, that are built around the type of problem they were solving. ![]()
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