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
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