Netflix's cultural memorandum is one of the most famous documents in the history of Silicon Valley's management practices. First published at the end of the 2000s decade, it was well known for describing corporate culture with an unusual degree of frankness. Rather than discussing abstract values, it stated that companies must reward efficiency, judgment, and contribution above mere effort.
This point of view is unique in that it stands in contrast to the common corporate mentality. Most workplaces tend to praise their employees for working overtime, attending multiple meetings, or looking overly busy all day long. Netflix challenged that tradition by stating that the results matter, not the drama involved in achieving them.