Have you ever wondered about the role of culture in a workplace?\r\n\r\nPositive corporate culture is when employees work well together as a team and aim for growth, and such a culture is critical to strategy. Culture sets the tone for the whole workplace and is often the deciding point when it comes to whether employees want to continue working.\r\n\r\nThe culture of \u2018Freedom and Responsibility\u2019 set forth by the so-called Netflix Culture Deck represents the key factors of the company\u2019s vast success. They give their employees higher levels of freedom and standard while not sweating tiny details. They seek to trust and empower people by giving them a chance to rise to the higher expectation levels, and a clear majority of people can do it.\r\n\r\nTake a look at these five aspects that make up their culture:\r\n\r\n \t\r\nAppreciate Values:\r\nNetflix focuses heavily on the values that the company inculcates. During hiring and promotion decisions, they give importance to the values, skills, and behaviors that are embodied in the individuals. They prefer people who have a good sense of judgment, who can communicate effectively and are creative and innovative.\r\n \t\r\nGive Employees Freedom:\r\nThey have eliminated a formal vacation policy and allowed their employees to take time off whenever, as long as they hold Netflix\u2019s best interest. Netflix opines that employees should feel a personal sense of ownership with the company. Furthermore, they have banished another formal policy of expenses and travel. To their advantage, the employees were more economical, and it results in the company saving more money instead.\r\n \t\r\nEncourage Development:\r\nNetflix has eliminated their formal performance reviews since they were too infrequent and ritualistic. Instead, they have implemented what would prove to be way more beneficial: ongoing conversations and informal reviews. They support full-fledged honesty and make the feedback non-anonymous and discuss openly. Instead of mentoring and rotational assignments, they encourage self-development efforts.\r\n \t\r\nPay Top of the Market:\r\nFor an employee to give their best, Netflix considers the highest possible salary instead of an average salary with bonuses. They want their employees to stay with them because they are genuinely passionate about the job, not because they are waiting for some incentive. Their mentality is to pay more than any of their competitors would and to pay them as much as a replacement would cost.\r\n \t\r\nOnly High Performers Allowed:\r\nNetflix engages in a test called the Keeper\u2019s Test. It asks the manager, \u201cIf someone on my team told me he was leaving for a similar job at a peer company, would I fight hard to keep him here?\u201d If the answer is no for a particular employee, they are given an excellent severance package.\r\n\r\n \r\n\r\nWhile there are a lot of positives to be learned from this culture, it cannot just be copied and pasted them into other organisations. As Netflix claims, context matters more than control. Having a strong company culture is essential to a company\u2019s success, and it is about time that we all start incorporating the best possible approaches in our organisations.