Below, are presented a few of Netflix management philosophy :

• No vacation policy (take as much as you want, as long as you're doing a great job and covering your responsibilities).

• "Outstanding" employees only--doing an "adequate" job leads to your getting a "generous severance package," so the company can hire an A-player in your place.

• "Freedom and responsibility" vs command-and-control: Good managers give their employees the right context in which to make decisions--and then the employees make the decisions.

• No "brilliant jerks" -- Star performers who also happen to be hell to work with are sent packing.

What do you think? 

Source : http://www.businessinsider.com/netflix-culture-management-presentation-2011-7