What is your company vacation policy?
Netflix's vacation policy: Take what you need while getting your job done.
What is your company travel and expense policy?
The travel and expense policy at Netflix is five words long: "act in Netflix's best interests."
Do these Netflix policies sound crazy? They wouldn't work for most organizations because most organizations aren't managed like Netflix.
The CEO of Netflix is Reed Hastings and he shares his company's "secret sauce" in this must read slide deck (below).
From what I gather from the slide deck, it looks like Hastings management team has adopted the Leader As Coach operating system.