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Article by: Ricardo Semler




                      Presented by: Raveel Hameed
                      Reg# 3854
SEMCO is one of Brazil’s fastest growing companies...


  Named Best company in Brazil to work for...


Three Values:
6.Democracy
7. profit sharing
8.Transparency or Information sharing
Democracy and Employee Involvement
Organizational Pyramids
Semco designed an organizational
circle to replace the organizational
pyramid.


Contains 3 concentric circles
   First-Counselors
   Second-Partners
   Associates and Coordinators
Switched because of their view on organizational
pyramids


Pyramids emphasize power whereas the circle
promotes employee involvement


Some decisions made by company-wide votes
   Example: Purchase of new factory
If you don’t appoint a leader, one
will emerge


Roles FIND the person


Results not status
Semco’s Second Value
    Profit Sharing
  Corporate profit sharing is today’s
  mammoth meat


  Most successful when there is a broad
  program of employee participation
 Semco is a company with a unique system


 Employee’s are “treated as adults”


 Semco’s Three Core Values
   Democracy, Profit-sharing, information
Managing without managers term article presentation-final

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Managing without managers term article presentation-final

  • 1. Article by: Ricardo Semler Presented by: Raveel Hameed Reg# 3854
  • 2. SEMCO is one of Brazil’s fastest growing companies... Named Best company in Brazil to work for... Three Values: 6.Democracy 7. profit sharing 8.Transparency or Information sharing
  • 4.
  • 6. Semco designed an organizational circle to replace the organizational pyramid. Contains 3 concentric circles First-Counselors Second-Partners Associates and Coordinators
  • 7. Switched because of their view on organizational pyramids Pyramids emphasize power whereas the circle promotes employee involvement Some decisions made by company-wide votes Example: Purchase of new factory
  • 8.
  • 9. If you don’t appoint a leader, one will emerge Roles FIND the person Results not status
  • 10. Semco’s Second Value Profit Sharing Corporate profit sharing is today’s mammoth meat Most successful when there is a broad program of employee participation
  • 11.
  • 12.
  • 13.  Semco is a company with a unique system  Employee’s are “treated as adults”  Semco’s Three Core Values  Democracy, Profit-sharing, information