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Quote by Ricardo Semler

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Ricardo Semler
Ricardo Semler

Ricardo Semler (born 1959) is a Brazilian businessman, author, and renowned management innovator. As former CEO of Semco, a Brazilian conglomerate, he became famous for his radical approach to workplace democracy and employee empowerment. His book "Maverick!" (1993) became a global bestseller, documenting his unconventional management philosophy. Semler is recognized worldwide as a pioneer in transforming traditional corporate culture through practices like flexible work hours, employee-elected managers, and open-book management. more

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“Leaders is the new organisation do not lack motivational tools, but the tools are different from those of traditional corporate bureaucrats. The new rewards are based not on status but on contribution, and they consist not of regular promotion and automatic pay rises, but of excitement about the mission and a share of the glory of success.”