The document provides a short history of BSO, an IT services company that was founded in 1975 and grew to 6000 employees organized into 50 small autonomous "cells" before being acquired by Philips in 1996. Key aspects of the BSO model included:
1) Organizing employees into small, autonomous "cells" of around 50 people that functioned as independent profit centers with freedom in how they operated but accountability for results.
2) Encouraging entrepreneurship, shared culture, and mutual dependence within each cell through common goals, procedures and shared responsibility over resources like IT and HR.
3) Fostering transparency through practices like peer audits and making monthly reports visible to all employees.