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There is an excellent book called 'Maverick' about a Brazilian manufacturing company that, while not owned by the workers, gets much closer than almost any oth

• Cyph0n 9y ago
  Very interesting. The first successful non-hierarchial company that comes to my mind is Valve. I recall reading that Valve has a higher revenue per employee than any company in the world... Edit: profit, not revenue
  • jessriedel 9y ago
    Seems to me the causality works the other way. Industries where companies are formed from a small number of employee who are individualy quasi-millionaries (elite SV talent) are more likely to function well without a heirarchy than industries built on coordinated entry-level manual labor (Walmart). Also, I don't really get this claim. Valve has ~360 employees with annual revenue under a billion dollars, https://en.wikipedia.org/wiki/Valve_Corporation https://en.wikipedia.org/wiki/Valve_Corporation whereas there are ten companies in the S&P 500 with over $3M in annual revenue per employee. https://priceonomics.com/which-companies-have-the-highest-revenue-per/ https://priceonomics.com/which-companies-have-the-highest-re... Perhaps the comparison is only supposed to be to other tech giants like Apple, which are roughly $1-2M per employee.
    • Cyph0n 9y ago
      > Also, I don't really get this claim. Valve has ~360 employees with annual revenue under a billion dollars, Looks like I was wrong: Newell claims that Valve has the highest profit per employee. I'm sure the numbers are not accurate, but that is still a very impressive figure for revenue/employee.