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The Netflix Example on Innovation

Netflix is a very famous online streaming video service. What few people know, however, is that it gained much of its popularity thanks to innovation management software. This is because the company has created a true culture of innovation, which it is able to maintain as well. According to CEO Reed Hastings, the culture is best described as one of “Freedom and Responsibility”. What this means is that everybody within the company is encouraged to come up with new ideas and to take risks, but Read more [...]