Monday, September 19, 2011

Netflix CEO apology

Reed, about  your apology:
 
    Your mistake is fundamental and clear. You are making your company's growing pains into your customers' problem.

Peter

PS - attempting to be humble about not communicating clearly when it's blindingly obvious that people are angry about the price hikes is not helping your credibility.

2 comments:

Margaret Warton said...

It's a perfect example of how hubris is a *really bad idea* in an age of instant information transfer.

And to show such arrogance toward customers who expect non-material things to be very cheap (if not free), well, that just makes the whole performance even more cringeworthy.

-Margaret

Peter said...

Interesting that they (sort of) backed off, at least not splitting off the DVD service (that made no sense to me).

You are so right though - arrogance and hubris. Large, successful companies that avoid that phase are rare indeed. :)

Peter