Extraordinary Organizations: $170M company with no titles except “plant” manager(venturehacks.com)
venturehacks.com
Extraordinary Organizations: $170M company with no titles except “plant” manager
http://venturehacks.com/articles/extraordinary-organizations
8 comments
Blogspam.
It would be interesting if HN could reparent/merge votes and comments in the case where two links to the same thing get submitted.
It would be interesting if HN could reparent/merge votes and comments in the case where two links to the same thing get submitted.
DaringFireball?
Er, no. John Gruber posts a lot of links, but what he doesn't generally do is to copy-and-paste someone else's stuff and try to make it look like he wrote it.
Officers and directors:
Ferdinand E. Megerlin Ph.D. > Chairman of the Board
Allen J. Carlson > President, Chief Executive Officer, Director
Tricia L. Fulton > Chief Financial Officer
Jeffrey Cooper > Officer
Peter G. Robson > General Manager of Sun Hydraulics Limited
http://finance.google.com/finance?q=sun+hydraulics
I guess they don't have many titles.
Allen J. Carlson > President, Chief Executive Officer, Director
Tricia L. Fulton > Chief Financial Officer
Jeffrey Cooper > Officer
Peter G. Robson > General Manager of Sun Hydraulics Limited
http://finance.google.com/finance?q=sun+hydraulics
I guess they don't have many titles.
Their employment page also lists jobs titles that they are hiring for:
CNC Machinist / Senior Product Design / Outside Sales Engineer
Clearly they have titles. Perhaps the vagueness of the article is actually indicative of it not being very accurate or telling the whole story.
CNC Machinist / Senior Product Design / Outside Sales Engineer
Clearly they have titles. Perhaps the vagueness of the article is actually indicative of it not being very accurate or telling the whole story.
My first instinct was also to verify the "no titles," thing at the employment page.
Thanks for the diligence guys. I pinged the original author of the article. He says:
http://www.evolvingexcellence.com/blog/2008/01/no-titles-exc...
"They do have the handful of titles required as a public company... CEO, CFO, and the like. As of last January when we visited, that was it. Presumably they also have to "title" job postings so people know roughly what skills they're asking for!"
http://www.evolvingexcellence.com/blog/2008/01/no-titles-exc...
"They do have the handful of titles required as a public company... CEO, CFO, and the like. As of last January when we visited, that was it. Presumably they also have to "title" job postings so people know roughly what skills they're asking for!"
But aren't these simply reporting requirements for a public company?
I didn't think of that!
But it appears not to be true; Royalty Trusts (e.g. http://finance.google.com/finance?q=pbt) list very few executive officers.
Edit
And here's a non-Royalty Trust with fewer executive offices than Sun Hydraulics:
http://finance.google.com/finance?q=AMEX:SOC
But it does seem that they have fewer executives than any operating company of a similar size.
But it appears not to be true; Royalty Trusts (e.g. http://finance.google.com/finance?q=pbt) list very few executive officers.
Edit
And here's a non-Royalty Trust with fewer executive offices than Sun Hydraulics:
http://finance.google.com/finance?q=AMEX:SOC
But it does seem that they have fewer executives than any operating company of a similar size.
This seems to be patterned after the Brazillian organization, Semco.
http://www.guardian.co.uk/business/2003/apr/27/theobserver.o...
http://www.guardian.co.uk/business/2003/apr/27/theobserver.o...
Yes, I wonder why Ricardo Semler http://en.wikipedia.org/wiki/Ricardo_Semler and Semco is not mentioned more frequently.
I enjoyed his book "Maverick" a lot: http://tinyurl.com/7l6mfp , the newer 'Seven day weekend" is not bad either.
I enjoyed his book "Maverick" a lot: http://tinyurl.com/7l6mfp , the newer 'Seven day weekend" is not bad either.
Reminds me of Nucor. It is twisted and surprising that companies that think about their employees' happiness first are not the norm, what we do have is megacorps with CEOs that make billions and let everyone else suffer, especially customers.
http://www.businessweek.com/magazine/content/06_18/b3982075....
http://www.businessweek.com/magazine/content/06_18/b3982075....
"The company recently held a party to commemorate the tenth anniversary of the last time [Semler] made any decision at all. "
http://www.guardian.co.uk/business/2003/apr/27/theobserver.o...
http://www.guardian.co.uk/business/2003/apr/27/theobserver.o...
sounds a bit like the company that makes GoreTex...
http://www.fundinguniverse.com/company-histories/WL-Gore-amp...
http://www.fundinguniverse.com/company-histories/WL-Gore-amp...
It makes some sense. It seems to be to be a sort of "fine grained capitalism". Not too different from the Silicon Valley, if you think of that as one big company. What I wonder is what prevents more companies from going this route?
industrial democracy is awesome
http://en.wikipedia.org/wiki/Industrial_democracy
Anyway, this is the original article: http://www.evolvingexcellence.com/blog/2008/01/no-titles-exc...