Book Review

1. - By Ricardo Semler
Maverick
Presented by:
Reshma Ravindra
Viral Morakhiya
Kshitij Bajaj
Shiney George
Rajat Gupta

2. Introduction to Semco
Brazilian
economy
went into
downstream
Workers
agreed to cut
down wages
Increased profits
and profit
sharing
Right to
approve item of
expenditure
Annual revenue-
$212 million
(2013)

3. Techniques used to transform
Circular
Structure
Job rotation
Flexibility to
choose
projects

4.  Organizational chart
 Hiring
 Working hours
 Working environment
 Clothing and appearance
 Authority
 Participation
 Suggestions
 vacations

5. OB’s theories in Maverick
Tailor’s
scientific
theory
Maslow
need’s
hierarchy
theory
Expectancy
theory

6. Tailor’s Scientific Theory
 Rule of thumb to scientific study
 Codify , SOP (standardized, operating and procedure) detailed
instruction and supervision.
 Carefully select train and develop employees for skills, abilities and
tasks.

7. Maslow Need’s Hierarchy theory

8. Expectancy theory

9. Conclusion
A Company should trust its destiny to its employees. “ Semco isn’t a
model, with programmes to be followed with precision, it is infact an
invitation for companies to consider themselves and their employees.
Invitation to concentrate on building organizations that accomplish
the most difficult of all challenges- To make people look forward to
come to work in the morning.