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Managing without Managers Ricardo Semler hbr - 1989. Overview of company. Semco is one of Brazils fastest growing companies Named Best company in Brazil to work for Three Values: Democracy, profit sharing, information Encourage experiment and conceptual change
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ManagingwithoutManagers Ricardo Semlerhbr - 1989
Overview of company • Semco is one of Brazils fastest growing companies • Named Best company in Brazil to work for • Three Values: Democracy, profit sharing, information • Encourage experiment and conceptual change • Treats employees as “responsible adults”
Democracy and Employee Involvement First value
Participatory Management • Four obstacles To Participatory Management • Size • Hierarchy • Lack of Motivation • Ignorance • Anthony Jay’s 1950’s Corporate Man
Organizational Circle • Semco designed an organizational circle to replace the organizational pyramid • Contains 3 concentric circles • First-Counselors • Second-Partners • Associates and Coordinators
Organizational Circles Cont. • Switched because of their view on organizational pyramids • Pyramids emphasize power whereas the circle promotes employee involvement • Some decisions made by company-wide votes • Example: Purchase of new factory
Review Treating employees as if they are adults allows workers to use common sense and in turn promotes personal responsibility Therefore, letting them do whatever the hell they want breeds a culture of capable, accountable, and responsible employees
Hunting the Mammoth • If you don’t appoint a leader, one will emerge • Roles FIND the person • Results not status
Profit Sharing Semco’s Second Value
Corporate profit sharing is today’s mammoth meat • Most successful when there is a broad program of employee participation
Information Semco’s Third Value
Transparency • Sharing all of the information & not holding back anything • Confidential Salaries… • The relevant information became insignificant
Letting Them Do Whatever the Hell They Want • Choosing your own: • Pay • Job Title • Dress Code • Office Decorations • Work Hours
Overview • Semco is a company with a unique system • The level of employee involvement could be considered as overwhelming to many companies • Employee’s are “treated as adults” • Semco’s Three Core Values • Democracy, Profit-sharing, information http://www.freibergs.com/resources/articles/leadership/semco-insanity-that-works/