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Maverick: The Success Story Behind the World’s Most Unusual Workplace
by Ricardo Semler
It can if you think like Ricard Semler, the maverick CEO who turned his own company into a model for the 90’s and beyond. In MAVERICK, Semler will tell you how he changed his company and how you can change yours…if you dare! The extraordinary true story of 34-year-old CEO Ricardo Semler and of the rebirth of his family owned Brazilian manufacturing company, Semco. MAVERICK is a chronicle of corporate change–a change so vast and successful that Semco has been visited by over 400 corporate representatives from around the world who want to see it in action. In 1980, 21-year-old Ricardo Semler took over the reins of the company his father founded and built. Read more… Ricardo proceeded to break every rule of doing business, firing an entire echelon of upper level managers. Once he opened the floodgates to change, Semler never–even when he was tempted to–closed them again. Semler’s management system allows employees to work at home, study and discuss the company’s financial statements, make corporate decisions, take over the cafeteria kitchen, start their own business with company assets, and redesign the products Semco builds and how they are built. The result: in 10 years of constant experimentation–a time period in which Brazil’s economy faltered–Semco has achieved a growth rate of 600%! In chronicling Semco’s inner revolution, Semler shows how his radical ideas and strategies, as well as his nuts and bolts specifics, can be applied to any company anywhere. Read less…
The Seven-Day Weekend: A Better Way to Work in the 21st Century
by Ricardo Semler
Email and paperwork have invaded homes. Most people know how to work on Sunday evening. But no one yet knows how to go to the cinema on Monday afternoon. A new way to work is needed. Since “Maverick!” was published, the growth and success of Semco have been explosive: it’s now five times bigger than it was four years ago. It has embraced the internet world, expanded in services, and employs 2,300 people, compared to 350 when “Maverick!” was written. A new way of working has emerged at Semco of which the tell-tale signs are: hammocks where people rest during the day, Retire-a-Little Plans, the end of the head office, the abolition of control and boarding school mentality. Read more…The results: inordinate success for 20 years, practically non-existent staff turnover, and an organization that covers an enormous range of business activity, from machinery to environmental consulting, and from real estate advisory services to new business start-ups, smoothly and coherently. It’s time for a new way to work to be created, and Semco is leading the way. “The Seven Day Weekend” tells the fascinating and unlikely story of how this can be achieved.Read less…