No more bosses Flashcards

1
Q

hierarchy

A

system of organising people according to their level of importance.

Often this happens because workers feel they aren’t listened to by managers. Or it might be because most companies are hierarchies.
We’ll meet a self-managing company which isn’t hierarchical and has no boss.
One of the biggest problems in hierarchies is the excess cost of management and bureaucracy.

3 trillion dollars – that’s one followed by twelve zeros - a lot of money!

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2
Q

coercion

A

the use of force to persuade someone to do something they do not want to do.

The first principle was that human beings should not use force or coercion against other human beings. And the second principle was that people should keep the commitments they make to each other and so we adopted them as pretty much the entire governance of the enterprise.

Because Morning Star has no bosses, decisions are made by all employees equally without coercion

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3
Q

commitment

A

a promise or firm decision to do something.

The first principle was that human beings should not use force or coercion against other human beings. And the second principle was that people should keep the commitments they make to each other and so we adopted them as pretty much the entire governance of the enterprise.

This motivates and empowers workers but also means they must keep their commitments …

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4
Q

left behind

A

remain at a lower level than others because you are not as quick to improve, develop or progress.

Would it be true to say that a self-managed company like yours empowers people who are already very good and it leaves behind those who are not so good? I’m not sure I accept the phrase ‘left behind’. There are some people who take full advantage of this environment; others take less advantage but they do benefit

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5
Q

take full advantage (of)

A

make good use of an opportunity to progress or achieve a goal.

I’m not sure I accept the phrase ‘left behind’. There are some people who take full advantage of this environment; others take less advantage but they do benefit because their voice is respected, when they do propose something it must be listened to …

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6
Q

be held accountable

A

accept responsibility for the consequences of your actions.

their voice is respected, when they do propose something it must be listened to, they are not subject to force and coercion and if they don’t act according to their commitments they can be held accountable by anyone.
No matter whether employees are good self-managers or not, ultimately they are held accountable for their work performance

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