HomeNewsTrendsReed Hastings reveals a tactic that helped made Netflix a $240 billion company: 'If you're a leader...'

Reed Hastings reveals a tactic that helped made Netflix a $240 billion company: 'If you're a leader...'

Employees need to be 'willing to argue' with their managers at times, Netflix co-founder and chairman Reed Hastings said, adding that it’s difficult, emotionally, in most companies for employees to disagree with their managers.

April 21, 2024 / 13:28 IST
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Reed Hastings served as Netflix’s CEO for more than two decades before becoming chairman last year. (Image credit: Netflix, Unsplash)
Reed Hastings served as Netflix’s CEO for more than two decades before becoming chairman last year. (Image credit: Netflix, Unsplash)

Netflix co-founder and chairman Reed Hastings believes that good leaders seek out critical feedback whenever possible. He even has a simple, three-word term for the practice: “Farming for dissent.”

Speaking at the The Tim Ferriss Show, Hastings -- who served as Netflix’s CEO for more than two decades before becoming chairman in 2023 -- shared he has a simple, three-word term for the practice: “Farming for dissent.”

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“If you’re a leader, it’s important to farm for dissent, because it’s not normal to disagree with your boss, right? [Usually] we learn deference,” he said. But because companies need fresh ideas and new strategies to grow, employees need to be “willing to argue” with their managers at times, Hastings added.

“Because it’s difficult, emotionally, in most companies to disagree with your manager, we call it farming for dissent... We have managers do things like [ask]: ‘What are three things you would do differently if you were in my job?’” he said.