Description |
1 online resource (14 pages) : tables |
Series |
Human resource management online (text) |
Summary |
This case discusses how Semco, a Brazilian company with a turnover of US$4 million in 1982, which was on the brink of collapse, transformed itself into a more than billion dollar company. The company's transformation was the result of its giving unfettered freedom to its employees to choose the work they wanted to do, where and when they wanted to do it, and, also determining how they got paid for it. The employees were even free to hire and fire their bosses. Semco survived the economic crisis that the Brazilian economy went through in the 1990s by, most importantly, taking the employees into its confidence. The company, as a whole, was run by the employees. The case also discusses the unique organizational structure that was adopted to empower the employees to use the freedom that was bestowed upon them. It further discusses the checks and balances put in place to discourage the employees from abusing their freedom and to be as productive as possible. The case underscores the philosophy that if an employee is treated as a grown up, he/she will act as one, and, that giving complete autonomy to employees does not necessarily mean compromising on the performance front. The case asks whether a human resource and strategy model akin to Semco's can be adopted by other organizations |
Notes |
Case code: HROB152 |
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Title from resource description page (viewed May 26, 2015) |
Bibliography |
Includes bibliographical references (pages 12-14) |
Notes |
In English |
Subject |
Semco (Firm) -- Personnel management -- Case studies
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SUBJECT |
Semco (Firm) fast (OCoLC)fst00785349 |
Subject |
Industrial relations -- Case studies
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Industrial organization -- Case studies
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Industrial organization.
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Industrial relations.
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Personnel management.
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Genre/Form |
Case studies.
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Form |
Electronic book
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