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electrodank | 1 year ago

> Each employee was empowered, expected, and trained, to make decisions as if they are the president of the company.

And compensated at a president’s salary for the new insurmountable levels of responsibilities right?

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LeFantome|1 year ago

You would be surprised. I know of Creo people that worked in the call center that bought million dollar homes with their compensation from Creo.

lupire|1 year ago

What is Creo?

YZF|1 year ago

They made decisions relevant to their work. i.e. it's not that a random employee would go our and acquire a competitor or buy a business jet for themselves (though in theory they could but that theory never got put to a test). So the CEO still made CEO-level decisions and employees made decisions in their area while needing to ask themselves what's best for the company, economically, just like the president should. Trust people to do their job kind of thing really, trust teams to work together etc.

marcinzm|1 year ago

Not everyone is afraid of responsibility simply because it's responsibility.

chii|1 year ago

It's not about being afraid, but about being compensated for.

taneq|1 year ago

Is ‘responsibility’ really something that deserves outsized compensation compared with, say, actually creating the product being sold? In this context, it doesn’t seem to come worth outsized personal consequences for failure, indeed quite the opposite. I agree there should be some consideration for the additional stress, but not multiple extra figures on the salary.

pyrale|1 year ago

> for the new insurmountable levels of responsibilities right?

As it turns out, companies that don't concentrate all of the power and decision-making in one person tend to avoid ending up with "insurmountable levels of responsibilities".