Well, there's also worker-run democratic cooperative corporations like Mondragon: http://en.wikipedia.org/wiki/Worker_cooperative http://en.wikipedia.org/wiki/

Well, there's also worker-run democratic cooperative corporations like Mondragon: http://en.wikipedia.org/wiki/Worker_cooperative http://en.wikipedia.org/wiki/Worker_cooperative I think the biggest reason most companies don't recreate Semco's example is that nobody wants to think of themselves as expendable, especially people who can decide whether they're expendable or not, as the top management positions of a company are in a position to do so. By saying "yes, our employees can make these decisions without us, we just have to give them the structure and support to do so", people at the top are admitting that they're not as important as our society tells them they are. In Semco's case, Ricardo Semler was happy to admit that, because he felt the stress of running the business was killing him, and he welcomed the idea. A lot of people in his position would take anti-anxiety medication and something for acid reflux, and keep going, convinced that their position holding the reins is indispensable.