If you have 10 minutes to spare I beg you to watch this interview with Ricardo Semler – Chairman of Semco and perhaps the most radically successful business man in the world. Mr Semler turns upside down all traditional management theory and uses common sense and simplicity.
*He believes passionately in front line staff.
*Managers in his company are appointed by the staff and they might have to go through 5 interviews before the staff make up their minds.
*The staff set their own salaries.
And for the cynics about his approach ... just look at the record of his company.
Why can't we have more Semler’s in business?