Maverick (Review and Analysis of Semler's Book)
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About this ebook
This complete summary of the ideas from Ricardo Semler's book "Maverick" explores the reasons behind the amazing success of the company Semco. Founded in Brazil in 1952, its revenues had risen by 600% in 1993, despite the fact that Brazil was in recession. The various facets of Semco's philosophy, as analysed by Semler, are explained here: business aims, management of the workforce, encouragement of initiatives... This summary explains how two apparently conflicting goals, namely making money and improving the workers' lives, are actually entwined.
Added-value of this summary:
• Save time
• Understand the keys of entrepreneurship
• Expand your knowledge of personnel management
To learn more, read "Maverick" by Ricardo Semler and discover how your company can follow the same road towards both human and economic success!
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Book preview
Maverick (Review and Analysis of Semler's Book) - BusinessNews Publishing
Book Presentation: Maverick by Ricardo Semler
Book Abstract
Important Note About This Ebook
Summary of Maverick (Ricardo Semler
Introduction: Semco and Ricardo Semler
1. Company Philosophy
2. Company Management
3. Employees
4. Employee Incentives
5. Democracy in the Workplace
6. Concepts and Ideas
Book Abstract
MAIN IDEA
The heart of the Semco philosophy is:
Every company should trust its destiny to its employees.
Employees should be treated like responsible adults rather than like children who have to have everything spelled out for them.
In addition, Semco’s principles are:
Throw away all rule books. They discourage flexibility and comfort the complacent. Encourage people to use their common sense.
Employees work best and most productively in an environment in which they are self-governed and self-managed.
Sharing information rather than making money is the reason for existence for a successful company.
Semco has managed to achieve two objectives that often conflict – to make money and to improve the lives of the people who work for it. And, significantly, Semco has developed a more humane, more trusting, more productive, more exhilarating and more rewarding place to work.
Important Note About This Ebook
This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.
Introduction: Semco and Ricardo Semler
Background
Semco