The Caring Capitalist - Brazil
via youtube.com
Unconventional thinking yields better results in business.
- Remove paternalistic management practices and structural hierarchies;
- Organize around small units with extensive decision rights;
- Let employees ‘own’ their own business units and align interests through profit sharing;
- Meritocracy leads to efficiency;
- Unlock innovation by making it is OK to experiment, fail and try again;
- Maintain a small executive team that provides services and facilitates;
- Be transparent - train employees to read financial statements and open your books;
- Enshrine a culture of ‘cathedral builders.