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Maverick

352 pages, 1995

business & management

business & management

1082 books
biographies & memoirs

biographies & memoirs

997 books
Takeaways
Description
Semler transformed the aging Semco Corporation of Brazil into a cutting-edge company that threatened conventional thinking about management and challenged the status quo. He eliminated unneeded levels of management and allowed employees to participate in decision-making, thereby revamping an uncertain economy.
Embrace Change

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.

Trust Your Employees

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.

Question the Status Quo

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.

Value of Work-Life Balance

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.

Profit Sharing

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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Maverick found in libraries

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498 books

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