Semco is a Brazilian company known for its unique organizational structure and values of democracy, profit sharing, and transparency. It replaced the traditional hierarchical pyramid structure with concentric circles to promote more employee involvement in decision making. Some key decisions are made through company-wide votes. Semco also believes in profit sharing and treating employees as partners rather than subordinates. This empowers employees and has led to Semco's success in becoming one of Brazil's fastest growing companies.

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

3. Democracy and Employee Involvement

5. Organizational Pyramids

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

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

13.  Semco is a company with a unique system
 Employee’s are “treated as adults”
 Semco’s Three Core Values
 Democracy, Profit-sharing, information