How To Run A Company With (Almost) No Rules
ServiceSpace
--Pavi Mehta
Feb 22, 2015

 

Interesting TED talk by Ricardo Semlar, a Brazilian who talks engagingly about designing for wisdom, in the context of businesses and schools. Love the principles that he weaves into his work -- including "terminal days", "an empty bucket list", radical trust and generosity. Operating a complex, thriving business (and running successful schools as well!) he up-turns conventional rules, and demonstrates the power of a different approach. Well-worth a listen.



Here's my favorite excerpt from the talk... "I accumulated a lot of money when I think about it. When you think and you say, now is the time to give back -- well, if you're giving back, you took too much. (Laughter) (Applause) I keep thinking of Warren Buffet waking up one day and finding out he has 30 billion dollars more than he thought he had. And he looks and he says, what am I going to do with this? And he says, I'll give it to someone who really needs this. I'll give it to Bill Gates. (Laughter) And my guy, who's my financial advisor in New York, he says, look, you're a silly guy because you would have 4.1 times more money today if you had made money with money instead of sharing as you go. But I like sharing as you go better."  

 

Posted by Pavi Mehta on Feb 22, 2015


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