The boss who breaks all the rules

clipped from www.odemagazine.com Ricardo Semler’s employees set their hours, determine their salaries and choose their bosses. Meet the Brazilian businessman who does everything differently Why are so few companies in the world run like Semco? Ricardo Semler: “Because managers are afraid to lose power and control.” It’s striking that your books never mention the word “leader.” “Leadership is way overrated. In fact I don’t call the courses I teach at the Massachusetts Institute of Technology “leadership courses.” I think the idea is outdated that leadership is only relegated to a few and that it can be planned, structured and developed.”