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Maverick
352 pages, 1995
In Maverick, Ricardo Semler encourages readers to embrace change. He transformed his family's business by breaking traditional rules and implementing radical corporate democracy. This shows that change, although scary, can lead to incredible success.
Semler believes in trusting employees to make decisions. He gave his employees the freedom to set their own hours, salaries, and even choose their managers. This approach can lead to a more engaged and motivated workforce.
One of the key messages in Maverick is to question the status quo. Semler constantly challenged conventional business wisdom, leading to innovative practices. This encourages readers to look at their own practices and see where they can innovate.
Semler emphasizes the importance of work-life balance. He introduced a flexible work schedule and even allowed employees to work from home. This shows that a happy employee is a productive employee.
In the book, Semler introduced a profit-sharing scheme where everyone benefits from the company's success. This not only motivates employees but also fosters a sense of ownership and responsibility.
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