Ricardo SEMLER : Democratic Work place and School

https://www.youtube.com/watch?v=UxeosFrLFH8&feature=youtu.be english, substitles, 20:05 school between 8:00 and 9:40 , Ricardo Semler – ABC “Interview with Semco’s business guru”

5000 staff company, democratic work place in the modern world, yes it is possible, 25 years of success based on: less management power, power and intelligence within the organization, anonymous evaluation each 6 months, interviews of future bosses by subordinates! by all of them, a stability in the system created by democratic processes, salaries auto-regulated, etc.

Need to buy talent instead of time, it created the concept of a 1 day off a week at 10% cost only, because without idle time you can’t rethink anything…

Contamination to school system IS POSSIBLE. We learn when we are passionate and with someone passionate on the other side => kids show up only when they want to, courses are setting up a bicycle from scratch instead of geometry and physics, chemistry in the kitchen, etc. Happiness is key and one of the question is how to avoid our kids to buy a big red sport cars at 45 years old …

It needs a leap of faith that loss of control is OK for the concept to grow worldwide,