Comment Now your job is a reality show (Score 1) 397
Would you like to work at "Survivor" all the time?
So every week we "vote" someone out of the company?
What Netflix is missing is that employee loyalty comes with an implicit "employer" loyalty as well. People should feel that they have a future where they work and that they can invest in the place.
A nice severance is fine if you're 20 years old.. but if you're 50 and you get fired it may be your last job (don't think age isn't a factor).
As others have pointed out Microsoft tried out a similar strategy.. that didn't pan out so well for them.
A company needs to have a certain level of humanity and morality. Not everything is about money and performance metrics. There are people and families involved as well. As a company owner myself I firmly believe that I need to care about "my people" or otherwise why should they care about me?
Another factor here is that hiring is VERY EXPENSIVE.. and training as well. Also corporate know-how is in its people.
Netfilix may be ok.. but their UI is certainly not an A-game.. (I have quite a bit of trouble finding and browsing with it)
So their magic results are not a given in my opinion.
People are not pieces of machinery to play with and then discard. These people have forgotten their moral/human obligations toward their people. They think only stock holders matter. That is what is wrong with a lot of corporations these days.