0
(0)

Managing remote teams is all about aligning goals and getting out of the way, according to the entrepreneur.

Entrepreneur, investor, mentor and Netflix co-founder Marc Randolph is no stranger to managing remote teams. In fact, he says that Netflix has never relied on a face-to-face management structure.

At the beginning of any business endeavor, he says, there are just too few people to do too many things. “This is not a time for commanding control. All you can do is say, ‘See that hill over there? I’ll meet you there in three weeks.’,” explains Randolph.

Netflix called this management style “loosely coupled, but tightly aligned.”

Randolph, author of That Will Never Work: The Birth if Netflix and the Amazing Life of an Idea, https://marcrandolph.com/the-book/, says that Netflix operated with this philosophy in its beginning, and has maintained the approach even as the company became a global giant. “These days, the sole responsibility of a manager is to make sure that the right people are in the right seats, and to make sure that they have all of the information they need to make independent good decisions.”

Randolph believes that managers should equate building a winning culture to a magnetic field that aligns everyone’s compasses in the same direction. “Give them the tools to work independently, but toward a common goal.” 

Presented by Mastercard. Learn how Mastercard is helping bring local businesses into the digital economy at Mastercard.us/digitaldoors.

Entrepreneur Magazine: Business ideas and trends… Watch latest news, expert advice, and growth strategies for small business owners on SloppBoxx.Com.

How useful was this post?

Click on a star to rate it!

As you found this post useful...

Follow us on social media!

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

You May Also Like

More From The Creator

1 Comment

Add yours

+ Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.