Mechanism
Opportunistic Redundancy
TL;DR
Netflix hires aggressively during tech downturns when talent is available.
Adjusting redundancy investment timing to take advantage of favorable market conditions - building when cheap, reducing when expensive.
Business Application of Opportunistic Redundancy
Netflix hires aggressively during tech downturns when talent is available. Commodity buyers build inventory when prices are low. TSMC invests in fab capacity during semiconductor downturns when construction costs and equipment prices are lower. This achieves cost efficiencies while providing strategic advantage during less favorable periods.