Reed S Rules

The New York Times bestseller Shortlisted for the 2020 Financial Times & McKinsey Business Book of the Year Netflix cofounder Reed Hastings reveals for the first time the unorthodox culture behind one of the world's most innovative, imaginative, and successful companies There has never before been a company like Netflix. It has led nothing short of a revolution in the entertainment industries, generating billions of dollars in annual revenue while capturing the imaginations of hundreds of millions of people in over 190 countries. But to reach these great heights, Netflix, which launched in 1998 as an online DVD rental service, has had to reinvent itself over and over again. This type of unprecedented flexibility would have been impossible without the counterintuitive and radical management principles that cofounder Reed Hastings established from the very beginning. Hastings rejected the conventional wisdom under which other companies operate and defied tradition to instead build a culture focused on freedom and responsibility, one that has allowed Netflix to adapt and innovate as the needs of its members and the world have simultaneously transformed. Hastings set new standards, valuing people over process, emphasizing innovation over efficiency, and giving employees context, not controls. At Netflix, there are no vacation or expense policies. At Netflix, adequate performance gets a generous severance, and hard work is irrel­evant. At Netflix, you don’t try to please your boss, you give candid feedback instead. At Netflix, employees don’t need approval, and the company pays top of market. When Hastings and his team first devised these unorthodox principles, the implications were unknown and untested. But in just a short period, their methods led to unparalleled speed and boldness, as Netflix quickly became one of the most loved brands in the world. Here for the first time, Hastings and Erin Meyer, bestselling author of The Culture Map and one of the world’s most influential business thinkers, dive deep into the controversial ideologies at the heart of the Netflix psyche, which have generated results that are the envy of the business world. Drawing on hundreds of interviews with current and past Netflix employees from around the globe and never-before-told stories of trial and error from Hastings’s own career, No Rules Rules is the fascinating and untold account of the philosophy behind one of the world’s most innovative, imaginative, and successful companies.

Defining a “statesman” as “a successful politician who is dead,” Thomas Brackett Reed gave himself some latitude in pursuing his goals as a congressional leader. His leadership style is encapsulated in the Reed Rules, which serve as the institutional foundation of the modern House of Representatives and as a metaphor for the practice of power politics for partisan ends. Thomas Brackett Reed tells the story of a roller-coaster career in the Gilded Age. Speaker Reed reached a pinnacle when Republicans enacted landmark legislation in the aftermath of a transformation of parliamentary procedure spearheaded by his dramatic refusal to recognize delaying tactics permitted under the rules in 1890. Months later, Reed led Republicans to a disastrous off-year election, which cost his party unified governmental control and left it with only 26 percent of House seats. He returned as Speaker of the House in the late 1890s, when he became alienated from other Republicans over the issue of American expansionism. Combining extensive archival research with political science findings, Robert Klotz offers a balanced portrayal of Reed’s leadership in Congress. While empowering the House majority party to govern, the Reed Rules can also elevate partisan discord by allowing majorities to craft bill-specific special rules and to neglect opposing viewpoints. Ultimately, the biography illuminates the transcendent challenge of finding compromise in polarized politics.