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The best managers figure out how to get great outcomes by setting the appropriate context, rather than by trying to control their people.

Reed Hastings

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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Figure
Figures
Control
Context
Rather
Outcomes
Best
Settings
Great
Managers
Trying
Appropriate
People
Setting

More quotes by Reed Hastings

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The Costa Rican government is prioritizing laying fiber optic over paving roads. Costa Rica is trying to become one of the Internet societies. This is happening throughout the world.
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Companies rarely die from moving too fast, and they frequently die from moving too slowly.
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Be big, fast and flexible.
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Something will eventually replace the Internet. But it's hard to know what and when it will happen.
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Our brand at Netflix is really focused on movies and TV shows.
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Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.
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In the long term, you have to believe that movies and TV shows will be like the opera and the novel, pretty nichey businesses.
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I don't know of any Internet service that opens on a regional basis.
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When you grow up, as I have, in the shadow of Steve Jobs, Bill Gates and others, success is defined as the total global transformation of a market. To achieve that, you need low prices and an attractive offering. It's about trying to make a positive impact on a big scale.
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When we think about online learning, it's such 'early days.' Bill Gates is a wildly smart insightful guy. Yet, even a guy as smart and insightful as that, 30 years ago can say things like,'Who's every going to need more than 640K of memory?'
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I watch mostly independent films.
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When there's an ache, you want to be like aspirin, not vitamins. Aspirin solves a very particular problem someone has, whereas vitamins are a general nice to have market.
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On the Internet you get continuous innovation, so every year the streams are a little better.
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Not every show has to work equally well. It just has to work better than any competitor because then we can outbid for the content.
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I got the idea for Netflix after my company was acquired. I had a big late fee for Apollo 13. It was six weeks late and I owed the video store $40. I had misplaced the cassette. It was all my fault.
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If the Starbucks secret is a smile when you get your latte... ours is that the Web site adapts to the individual's taste.
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It is clear that for many of our members two websites would make things more difficult, so we are going to keep Netflix as one place to go for streaming and DVDs.
Reed Hastings
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Truly brilliant marketing happens when you take something most people think of as a weakness and reposition it so people think of it as a strength.
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Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.
Reed Hastings
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I hate the photo shoots. I hate all that stuff.
Reed Hastings