Maverick!: The Success Story Behind the World's Most Unusual Workplace Paperback – 6 Sep 2001
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"The way that Ricardo Semler runs his company is impossible; except th at it works, and works splendidly for everyone. I relish this book. It revived my faith in human beings and my hope for business everywhere" (Charles Handy)
"In this book, Ricardo Semler tells how Semco, Latin America's fastest growing company, uses a revolutionary way of working to run a profit-making company with a work force who love their jobs." (The Sunday Times)
"Are there real-life lessons to be learned? The answer is yes...Pragmatic, inspirational and intriguing advice." (The Times)
"Ricardo Semler is our kind of capitalist" (Guardian)
"Semco takes workplace democracy to previously unimagined frontiers" (The Times)
The international bestseller that tells how Ricardo Semler created one of the most successful and inspirational companies in the world. Con tains a new introduction by the authorSee all Product Description
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Top Customer Reviews
Semlers assessment of Human Resource Management (HRM) practice is truly radical but built on a foundation of good management practice and a healthy dose of common sense. HRM managers and departments confuse traditional and successful hierarchies and should be the first thing to be axed if any organisation is serious about survival in the 21st Century.
Excellent book and guide, highly practical and an enjoyable read.
Wonderful you must read it.
This book is different. You can really feel the author's vision through his writing. As well as talking about his philosophy he gives concrete examples of how he implemented his ideas. Also, he tells us all his mistakes and how he learnt from them. I found this inspiring as I've realised you don't have to be perfect from the start to create something amazing.
You must read this!
The main points is to have a work place based on trust, democracy and openness.
The author fired three quarters of the management and let people be their own boss, when a boss is needed they are called Coordinators who are not necessary better payed or higher ranking than the people they organize. Also Coordinators cannot hire/fire workers. Each worker decides their own working hours and pay.
Workers vote on such topics as who gets to be their Coordinators and hiring/firing. There has been research into how people behave in groups and it has been found that democratic groups get better creativity and are more happy than authoritarian run groups.
The author states that only source of power in an organization is information, and withholding, filtering, or retaining information only serves those who want to accumulate power through hoarding.
Once a month Semco holds open meetings for the employees of each unit, where all the numbers in the business are presented for open examination and debate. The company also offers courses to help employees better understand financial reports such as balance sheets, Profit-and-loss reports, and cash flow statements.
The author recommends businesses are deliberately kept small ( not more than 150?) so that people feel their opinion still makes a difference. He feels the economies of scale that big business have is over rated and actually creates many opportunities for wastefulness.
25% of the profits are given to the workers as bonuses with everybody getting the same bonus.Read more ›
I really couldn't believe that some of the procedures & practices this organisation implements could work. But they do - spectacularly! Has some very challenging repercussions for the way I do things in my own little sphere. Have I got the guts & conviction to carry them out?!
Minor grumble - books with spelling & grammar mistakes are a real bug-bear of mine. They're basically faulty goods. Hence it loses a star!
Are we brave enough to emulate Ricardo? I don't know - but I would love to try!
Most Recent Customer Reviews
Read this with an open mind and it could change your life. Seriously.Published 5 months ago by Davino
It's okay but becoming dated as much of what was revolutionary at the time of publishing is now standard good practice (open comms, flat structure, high consultation environment)Published 6 months ago by Innitbruv
A book that is easy to read and provides great insights into how Semler took his company down an unusual path.Published 8 months ago by Mr R Bigge
Just buy it. Its a little wishy washy/socialist at times but there are some real gems in there just in terms of management techniquesPublished 9 months ago by Benjamin May
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