By Max Nisen
Netflix Chief Talent Officer Patty McCord, author of Netflix’s famous management and culture presentation, argued in a First Round Capital CEO Summit talk that many managers are too lenient and willing to give second chances to underperformers.
Employers should just suck it up and fire the underperforming employee rather than drag it out over months.
Sheryl Sandberg once called McCord’s presentation “the most important document ever to come out of the Valley.”
McCord’s core advice is to think six months in advance, about what the company can and should do better, which will highlight the people who don’t have the skill set or drive to get there. Most places, when people underperform, put them on notice, give them a plan to improve or metrics to hit because they’re afraid of seeming mean or getting sued. McCord argues that that’s often a waste of energy…….