SlideShare a Scribd company logo
Where would you like to work?
Let us introduce you to…
SEMCO
• Founded by Antonio Semler in 1952
• Ricardo Semler takes charge in 1980
• Produces A LOT MANY things!! (marine
pumps, propellers, mixers, air conditioners,
etc. to name a few!)
Why Ricardo took a novel path?
I cut stones…
I use techniques
to shape stones
exceptionally…
I build
cathedrals…
What makes Semco different?
No more frisking!
• Semco initiated
change by eliminating
one of the most
visible symbols of
corporate operations.
No boundaries
between departments
• Another visible change was the breaking
down of walls for a bigger work space
divided by flowers and plants
Formals? Who cares?!
Scrap the rule
books!
• Semco has its so-
called SURVIVAL
MANUAL.
You don’t meet,
you grow bees in
the sky!
• Weekly meetings
• Any employee,
irrespective of his
position, could be a part
of the meetings
Choose your own
wall color!
• People had a say in everything
ranging from wall color to the
food menu to the production
process to the plant location!
By the people…
Divide like Amoeba
• Segregation of
business units
• Economy of scale is
the most overrated
idea in business
Company’s financial confessions
• All employees were trained
to read financial statements
• Salaries are no longer a
secret
Remove the
clutter!
• No paperwork
• No secretaries
• No personal assistants
Headline Memos
• Memos should be
restricted to one page
with the headline
outlining all the
important aspects of
the memo.
The Semco Woman
• Women have various programs
run by women that seek to
reduce gender bias.
Mind your own business!
• Views on discipline are shaped
by the belief that employees
are adults and should be
treated as such
• The company isn’t affected by
the employees’ vices
Trading places: Job Rotation
Hiring and firing the boss
• Employees have the right to
vote for who leads them
• Democracy at work place
• Anonymous feedback about
leaders by subordinates
Counsellors and not bosses!
Choose your Salary!
• Employees are asked to
quote their own price
Thinking for Living
• Nucleus for technological
innovation
• Junior version: Lost in Space
• Helps in unearthing
exceptionally talented people
Flexitime!
• Employees can work at hours convenient
to them
• They can work at their own pace
Hepatitis Leave!
• Mandatory vacations for all
• No disturbance during the sabbatical
• To promote the fact that “everyone is
replaceable”
Mavericks who presented this:
(Group-2)
• Hinal Kotak (032)
• Jagruti Jain (026)
• Gaurav Shinde (021)
• Deepak Yadav (016)
Maverick

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Maverick