Then youve got another type of work. Creative work. It used to be very small and it has grown to be a substantial part of the economy and we are over influenced by the factory paradigm. You want to increase variation, not decrease like in a factory. And it is sterile, to the factory. It is repeatable stuff in a factory and a creative environment you may hinge on the edge of chaos. And what the right paradigm was. It is really incredible to see them. You manage on the edge of chaos, but complicated systems about culture and context that are very helpful. Think of it as a set of paradigms wellsuited to creative work. Our culture is not suitable for safety critical work or manufacturing work and it is the beginning of new paradigms for creative work. Writing a book is using a rather old medium to put your ideas down. We First Published these ideas on slide share and there have been 20 million views of that. We are into the new format. We wanted to do a book length treatment where we rarel
Netflix and mr. Hastings what is netflix and what do you do . Guest thats netflix is the worlds leading Entertainment Service and we reproduce and distribute amazing Television Series and movies and weve been around 20 years and have about 200 million families around the world who are our members. Host is there a connection to the 1998 company where you had 900 movie titles in 30 employees . Guest there is a little connection to that. We started 22 years ago and we deliver dvds in the United States competing with blockbuster and that was a full decade really that we were competing with video stores just in the u. S. And that is 2007 when we started streaming. Roughly the same time youtube did. Host erin meyer how did you get involved in this book project . I study cultural differences and in workplace and im a School Professor of first came across the netflix culture when i reed many people of the netflix culture at the desk that reed put out on the internet and was quite shocking when
Peter lynch, once said if you like a product, find out who the owner is because maybe the owner represents a good stock to buy. On that principle, when i heard my family kept going to a company in my neighborhood called fresh fields, an organic food chain, i began to say maybe theres an investment here, so i looked into it, and it turns out fresh fields was looking for some capital. My firm invested. We love the company. Then along came a Company Called whole foods, who said they wanted to buy it. I initially said i didnt want to sell, but when i met john mackey, i realized he had a gifted vision of where this business was going to go, so we did sell, and it turned out he was right. He built an incredible chain, and i still go to the store almost every day. What compelled you to start safer way and then whole foods . You were at university of texas. And did you drop out to do this . John i dropped out of school, like, six times. I got 120 hours of electives. I just studied whatever i w
Famous fund manager peter lynch once said if you like a product, find out who the owner is because maybe the owner represents a good stock to buy. On that principle, when i heard my family kept going to a company in my neighborhood called fresh fields, and organic food chain, i began to say maybe its an investment year, so i looked into it, and it turns out fresh fields was looking for some capital. My firm invested. We love the company. Then along came a Company Called whole foods who said they wanted to buy it. I initially said i did not want to sell, but when i met john mackey, i realized he had a gifted vision of where this business was going to go, so we did sell, enter turned out he was right. He built an incredible chain, and i still go to the store almost every day. What compelled you to start safer way and then whole foods . You were at university of texas. Did you drop out to do this . I dropped out of school, like, six times. I got 120 hours of electives. I just studied what
Good morning, everybody. Im becky quick and welcome friyay were watching the equity futures. Three down days in a row, but the dow did make a pretty stunning recovery, down actually over 300 points after the numbers at 8 30 yesterday that showed that initial jobless claims were higher than anticipated. Ended down by 20 points at the end of the session this morning dow futures down about 13, s p s p are flat lining, nasdaq basically flat lining too well be watching this closely to see how people shoring things up you as we head into this weekend. And also take a look at what is happening in the treasury market the ten year which yesterday fell back below 7. 0 and now is 7. 26 . Lets talk about what happened last night. President trump and former Vice President biden making their case to the American People on dueling town halls i was sitting there with my remote going back and forth, both events focusing on the Trump Administrations handling of tGlobal Pandemic. Do you support herd immu