Question everything about your company (3x why)

Get rid of command-and-control management style: treat employees as adults

• Let the employees decide when, where and for whom to work (as teams and individuals)

• Let them choose their own salary (known to everyone in the company) - Predicated on completely transparent company finances

• Let them choose what meetings they go to

• Instead of defining the business (as a founder), let your employees shape it with their talents, efforts, interests, and initiatives.

  Get rid of:

• structure and org chart

• business plan, company strategy, and mission statement

• (most) executive positions

• standards, practices, reports, expense accounts, and other employee monitoring

• profit and growth as the only success metrics

  Instead, let democracy rule. This means:

• Give people room to explore their talents and interests, and they will merge their personal aspirations with the company’s goal (both of which will bend to merge together).

• employees can veto anything from a new hire to product ideas / business ventures - key measurement for employee interest in any new initiative is attendance of the meeting/interview/etc.

  Caveats

• This kind of company (especially the part about profit not being the only consideration) does not play well with Wall Street: it’s better to hold it private

  TBD

  Summary

  Links

  Links to other sites - authors, book’s web site, etc…

Ricardo Semler on wikipedia: http://en.wikipedia.org/wiki/Ricardo_Semler