This report includes information about Recardo Semler and his organization Semco. It shows link between leadership and management. It also explains different types of leadership theories and management theories. It shows link between these theories. It also includes future leadership skills required in semco. And also shows method to plan the development of leadership skills.
Answer: - 1
Ricardo Semler has situational leadership style. He is very close to Democratic leadership style. Philip (2003, p.63) describe the meaning of democratic leader “democratic leader, encourage the members of his or her group to share the decision making process and sees him or herself as a coordinator of group effort, rather than as the decision taker.” Followings are evidence to prove that Ricardo Semler is democratic leader:
Semler created an environment of respect within the organisation by reducing the hierarchical structures built by previous leaders and through many unique strategies. Employees are involved in corporate decisions (such as diversifications and acquisitions). One of Semco’s basic philosophies builds on participation and involvement and encourages all staff to give opinions. Semco staff welcomes change and view change processes as healthy and positive. (Book Review of: Maverick, 2000). 1. Free Flow of Information
A saludygestion website on the Ricardo Semler and Semco S.A. states that
“Semco made all of its financial data available to all employees. In fact, Semco developed a course to train employees in the interpretation of balance sheets and statements of cash flow. Profits and losses for each division were common knowledge, and everyone knew the salaries of upper managers (incidentally, their salaries were capped at ten times the average entry level salary). All meetings, including those of the Counselors, were open to all employees who wished to attend. Naturally, all who attended could command equal voting power. This free flow of