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Semco is a company that has been incredibly inspirational to me – I love it!  However, some people get the creepy-crawlies when they learn about it and how the executives let go of control:

“Semco has no official structure. It has no organizational chart. There’s no business plan or company strategy, no twoyear or five-year plan, no goal or mission statement, no longterm budget. The company often does not have a fixed CEO. There are no vice presidents or chief officers for information technology or operations. There are no standards or practices. There’s no human resources department. There are no career plans, no job descriptions or employee contracts. No one approves reports or expense accounts…Continued on CEOFlow