Leadership
Excellence: Participatory Management - Leading Players
SEMCO
SEMCO has been as source of fascination since Ricardo Semler
published his description of his 'Maverick' approach to
participatory management in 1988. Semler achieved the reversal
of a command and control culture to create an entrepreneurial
consultative democracy that treats employees as adults.
Employees are actually empowered to make decisions, setting
their own salaries and work hours, voting on managerial
candidates and being involved in the future of the business.
The fivefold increase in profitability, a sixfold increase
in growth and a sevenfold increase in productivity were
even more remarkable as they occurred during periods of
recession and high inflation.
Few
management fads stand the test of time, however this organisation
continues to sustain success due to the combination of its
open accountability approach and the self-responsibility
of its employees. And although most case studies provide
examples that can not be replicated elsewhere, what has
emerged from SEMCO are some management practices that can
be transferred across cultures. One such principle that
appears deceptively easy to implement and makes good sense
is Open Book Management, successfully used by Jack Stack,
CEO of Springfield Remanufacturing Corporation in an approach
described as "dedicated to building wealth that sustains
an economically healthy community with humane values".
Something to think about!
Explore
for more:
http://www.amazon.com/gp/reader/0446670553/ref=sib_dp_pt/103-0185653-9303035#reader-link
- Book http://semco.locaweb.com.br/
- Homepage (in Portuguese)
http://www.thelearningweb.net/chapter04/page156.html
- 10 prinicples in summary
http://www.mondaymemo.net/030512feature.htm
- an Overview
http://www.well.com/user/art/s+b32001cm.html
- SRC and Open Book Management
http://www.executiveforum.net/pdfs/stack.pdf
- OBM 3 Elements
Play
of the Day: Local League - RAC Carbon Neutral Fleet
RAC
(WA)
has been providing roadside assistance since 1932 and covers
more than 500,000 cars. Recently it re-registered its entire
fleet of service vehicles to be CO2 neutral with the Carbon
Neutral Program organized by voluntary not for profit group,
Men of the Trees Inc (MOTT). To counter the emissions from
the 325 RAC fleet cars, MOTT planted 5525 trees in high
salinity areas requiring re-afforestation under their ongoing
program. While its better not to contribute to an increasing
problem in the first place, to the extent you have to, it
makes sense to balance the equation. My car is carbon neutral
- is yours?
Find
out more at:
http://rac.com.au/ecar/index.cfm?section=HOME&objectID=CE5EE3E7-8981-4635-8C33BF0AAE3E50BC&typeID=C98114F5-8A29-499C-A6598F1AC07E4A4A&method=dsp_standard
- RAC Article
http://www.menofthetrees.com.au/carbonproginfo.html
- Carbon Neutral Program and AGO Fact Sheet
http://www.menofthetrees.com.au/calculations.html-
Carbon Credit Calculations
http://www.menofthetrees.com.au/
- Calculate and sign up
Reflections
in Excellence
The
latest article is now available on-line. To go to our Reflections
site just click Here.
Sustainable
Business Excellence: A Dynamic Equilibrium Framework
Maintaining
standards of excellence involves consistency and stasis,
but innovation and growth in organizations necessarily
involves change and disequilibrium. The difficulty of
managing the flux between these two forces, especially
at critical turning points, suggests the need for the
conscious development of a composite alternative: a dynamic
equilibrium.
To
go to this particular article just click Here.
To get links to our future
articles as they are published, just join the FCG
Leaders in Excellence Network.
Join now .
Forsyth
Announcements
The
Multi-National Alliance for the Advancement of Organizational
Excellence (MAAOE) was formed to create a multi-disciplinary
focus on the advancement of society through organizational
excellence. The 4th MAAOE International Conference was held
in Melbourne during October.
The
theme of this years conference was Excellence in the Face
of Crisis and at the conference William
Varey presented a paper (available above) on the
Dynamic Equilibrium Model that underlies FCG's Business
Excellence process which allows organisations to
prevent crisis by strategic management. There were a number
of very interesting papers presented by leading researchers.
To read more:
http://www.geocities.com/WallStreet/District/1798/maaoe.html
- About MAAOE
http://www.pbs.paisley.ac.uk/maaoe/papers.htm
- Previous papers
Book
of the Month

"The
Middel Mind" - Peter Bernstein
This
provocative book, written by American, Professor of English,
Curtis White, gives a name to what he sees as a failure
of the American imagination. The Middle Mind is a symptom
indicating a disease that is going untreated in the American
psyche. Curtis' book is an attack on the pseudo-intellectualism,
especially in media talk-shows and info-tainment, which
is guiding American thinking. The phrase describes not a
specific point of view held, but rather the thriving of
viewpoints "in the common ground of unquestioned mediocrity".
The argument is passionately put and with a clear warning
of what its effects are for the future if not stopped. In
Australia, as a country that brings down every tall-poppy,
the Middle Mind may be well on its way to finding a new
home.
Read
a review here:
Satire
(just for a laugh)
http://clevermedia.com/arcade/dodec.html
- decision maker (requries shockwave)
http://www.satirewire.com/news/july02/wall_street.shtml
- corporate responsibility
http://www.despair.com/daretoslack.html
- teamwork
Quotes
"The problem with a system that needs competent managers,
is that it needs competent managers" - Craydon Saunders
"Just
because we can not see the end of the road is no reason
for not setting out on the essential journey" - JF
Kennedy
Thank
you for taking the time to read this edition. We hope it
has been informative and worthwhile. If you know of someone
who may be interested in these issues, please send
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If you have something of interest to contribute, please
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Forsyth Consulting Group makes no comment and expresses
no opinion in relation to any of the policies, operations,
securities or future prospects of the organisations mentioned
in this publication. The specific examples identified do
not provide an indication of the total activities of the
organisations profiled and may not be current. Any content
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the legal notices set out in the Forsyth Consulting Group website
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