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Maverick: The Success Story Behind the World's Most Unusual Workplace

Ricardo Semler
4.10/5 (3931 ratings)
Ricardo Semler inherited his family company, Semco - manufacturer of marine pumps, industrial dishwashers and mixing equipment - when he was 19. Soon, by 1980, it was on the brink of bankruptcy, but a decade later, during a period of savage recession in Brazil, it had been transformed into a rapidly-growing company with profits of 10% on sales of $37 million. This was achieved by throwing out the rule-book and getting rid of all manuals and written procedures. Workers make the decisions previously made by their bosses; assembly workers can come and go as they please, and set their own production schedules; corporate decisions are put to the vote; managerial staff set their own salaries and bonuses; everyone has access to the company books; and there is a minimum of meetings, memos and approvals. All this was achieved through a series of 30 programmes designed to change the entire working environment, and in this book Semler presents an account of his company's revolution.
Format:
Paperback
Pages:
336 pages
Publication:
2001
Publisher:
Random House
Edition:
Language:
eng
ISBN10:
0712678867
ISBN13:
9780712678865
kindle Asin:
B0BKFLBK65

Maverick: The Success Story Behind the World's Most Unusual Workplace

Ricardo Semler
4.10/5 (3931 ratings)
Ricardo Semler inherited his family company, Semco - manufacturer of marine pumps, industrial dishwashers and mixing equipment - when he was 19. Soon, by 1980, it was on the brink of bankruptcy, but a decade later, during a period of savage recession in Brazil, it had been transformed into a rapidly-growing company with profits of 10% on sales of $37 million. This was achieved by throwing out the rule-book and getting rid of all manuals and written procedures. Workers make the decisions previously made by their bosses; assembly workers can come and go as they please, and set their own production schedules; corporate decisions are put to the vote; managerial staff set their own salaries and bonuses; everyone has access to the company books; and there is a minimum of meetings, memos and approvals. All this was achieved through a series of 30 programmes designed to change the entire working environment, and in this book Semler presents an account of his company's revolution.
Format:
Paperback
Pages:
336 pages
Publication:
2001
Publisher:
Random House
Edition:
Language:
eng
ISBN10:
0712678867
ISBN13:
9780712678865
kindle Asin:
B0BKFLBK65