Will Zappos' Holocracy Work Strategy Work For You? [VIDEO]
2015.05.11
Zappos recently gave its employees a choice. In March, CEO Tony Hsieh sent a company wide memo offering employees three months' pay to quit if they were not happy with the changes that will be taking place in the company.
Hsieh proposed a change from the traditional model of running a company using a top-down approach, to a concept called holocracy.
Here's the memo:
Holocracy distributes the power evenly throughout the whole organization, removing the need for manager roles and job titles, hence making decision making and getting things done much faster.
14% of the company's staff quit - over 210. Will this concept work at your workplace? Check out the video below:
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