This
book is about Semco, a Brazilian
company headed by Ricardo Semler. Ricardo inherited the company from his father in the early 80’s. Since
then, he has transformed it from a conventional, traditional (pyramid
structure) to multiple
layers of management. Ricardo Semler openly
shared the company financials. He weeded out the
unwanted layers of management. He also went to the extent of allowing
employees to set their own schedules and pay scale and he allowed them
to develop and pursue new ideas.
Semco does not follow
the organizational chart. Unions are very important and even if they
strike it is considered to be normal and those who have led or
participated in the strike are not fired.
It also encourages
employees to give opinions and seek oppurtunities.Its just like you are
licensed to "think aloud”. It has become a place where there are big
changes from
time to time and Semler considers it healthy and positive
in order to get the best out of your employee.
It’s a book about work, trusting your employees, being more productive, more efficient, giving room to more innovations.........
Altogether it’s
going the Semco way shall we????
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