Summary of Patty McCord's Powerful

By IRB Media

Get the Summary of Patty McCord's Powerful: Building a Culture of Freedom and Responsibility in 20 minutes. Please note: This is a summary & not the original book.Original book introduction:When it comes to recruiting, motivating, and creating great teams, Patty McCord says most companies have it all wrong. McCord helped create the unique and high-performing culture at Netflix, where she was chief talent officer. In her new book, Powerful: Building a Culture of Freedom and Responsibility, she shares what she learned there and elsewhere in Silicon Valley.McCord advocates practicing radical honesty in the workplace, saying good-bye to employees who don’t fit the company’s emerging needs, and motivating with challenging work, not promises, perks, and bonus plans. McCord argues that the old standbys of corporate HR—annual performance reviews, retention plans, employee empowerment and engagement programs—often end up being a colossal waste of time and resources. Her road-tested advice, offered with humor and irreverence, provides readers a different path for creating a culture of high performance and profitability.

• Language: English
• Publisher: IRB Media
• Release date: Nov 18, 2021
• ISBN: 9781638157052

IRB Media

With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

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Insights on Patty McCord's Powerful

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 5

Insights from Chapter 6

Insights from Chapter 7

Insights from Chapter 8

Insights from Chapter 9

Insights from Chapter 1

#1

The prevailing management philosophy today is that if you want great productivity from employees, you must first motivate them with incentives and then make sure they know you are monitoring their progress. However, that approach is inadequate.

#2

The author had a conversation with Tom Willerer, the former vice president of product innovation at Netflix, about the fondest memories he has from his career so far. He said that the prospect of building a company that would provide its employees with job security was the main reason he joined Netflix.

#3

The author used to work for a start-up company that created software for the financial industry. She loved working there, but after a while she felt that she was just doing the same job every day. She wanted