In this ebook, you will:
Understand how self-management works and how it can improve efficiency in your team
Find out if self-management or democratic management styles fit your company
Learn how to start implementing this approach on management in your organisation
The Semco Style framework has its origins in the 80s, when a 21-year-old Ricardo Semler took over the Semco Group, a mixer and agitator manufacturer in Brazil, from his father. On his first day, he fired 60 percent of all top managers and he continued to democratize the company, turning the old corporate hierarchy on its head. He did that by delegating as much decision-making power to the workforce as possible and, over the next two decades, he grew the company from 90 to 3000 employees. More impressively, he raised the company’s annual revenue from $4 million to $212 million, with the company growing at an average rate of 47 percent. Semco also achieved a phenomenally low employee turnover rate of just 2 percent under Ricardo Semler’s leadership.
If you have any questions about the ebook, Ricardo Semler, or the Semco Style drop a message and we will get back to you as soon as possible.
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