“Talent density.”
That’s the formula delineated by Netflix Inc. Co-founder and Chief Executive Reed Hastings for keeping a technology company innovative.
Asa Mathat/AllThingsD.com Netflix CEO Reed Hastings spoke with AllThingD.com’s Kara Swisher at the “D9: All Things Digital” conference in Rancho Palos Verdes, Calif.
The phrase means employing the fewest number of highly talented technologists, rather than wanting to expand the numbers of computer specialists ad infinitum. With the smaller number, Hastings said, a company can continue to run informally, a recipe for fostering continued innovation.
Speaking at the All Things Digital annual conference in Rancho Palos Verdes, Ca., Hastings echoed comments made Tuesday evening by Google’s Eric Schmidt about concerns of corporate leadership of growing technology companies that after reaching a certain level of success, innovation may stall.
Schmidt talked about fighting against the coming of corporate middle age. Hastings today talked about innovative companies “getting long in the tooth” and the challenge of fighting against the complacency that often eventually accompanies the kind of success Google and Netflix have enjoyed.
To read the full, original article click on this link: Netflix's Formula for Innovation - Digits - WSJ
Author: Neal Lipschutz
