20 ceos in one company (long version) - agile lean europe 2014
DESCRIPTION
Open books, open everything, and no managers. That was the decision we made over a year ago in my company (softwaremill.com, 20+ people, all distributed and working remotely). This talk shares our experience from this shift, including various approaches towards effective collaborative decision making we have tried and how we learnt to talk openly about our salaries and money in general. Learning outcomes: - a number of practices we have tried while shifting to flat structure which you may use in your environment – on team or organization level - guidelines on how to touch delicate topic of making budgets and salaries transparent Read more about this idea on our blog https://softwaremill.com/20-ceos-in-one-company/TRANSCRIPT
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20 CEOs IN ONE COMPANY
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No managers+
Full transparency
A company with
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1. Why?
2. Money $$$
3. Decision making & Communication
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How to scale?
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Us vs. Them
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@pawelwrzeszcz
1. Why?
2. Money $$$
3. Decision making & Communication
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How to talk about money?
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#1 Reveal company financial data first
#2 Open salaries
#3 Pay rise – systematic approach
How to open salaries – our steps
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Step #1
Revealcompany financial
data
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Step #2
Open salaries
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Step #2
Open salaries
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• Salary based on a seniority level
• An algorithm for pay rise(high revenue -> pay rise)
• Focus on increasing income
Step #3Pay rise – systematic
approach
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#1 Company financial data
#2 Just do it
#3 Systematic approach
How to open salaries – our steps
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• Trust
• Better relationships
• Focus on revenue
What we gained?
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1. Why?
2. Money $$$
3. Decision making & Communication
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Can I buy a keyboard?
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Can I buy a keyboard? - Approaches
#1 Ask everyone
#2 Everyone is a CEO
#3 FYI
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Approach #1:asking everyone…
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Idea #2:Everyone is a CEO
“You don’t need to ask anyone”
But…
People reluctant to make even small financial decisions
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Approach #3 (Current):FYI
“I’m purchasing this and that for myself.Ping me on private if you disagree.”
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Strategic / company-wide decisions?
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Strategic / company-wide decisions
Approach #1 – group chat with everyone
Approach #2 – Discussion&Voting Pattern
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Discussion&Voting Pattern
• Small group• Anyone can join
• Comes up with a proposal
• Voting
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Discussion&Voting Pattern - Examples
“Anyone interested in deal with Company Foo Bar please join #fooBar channel”
“Voting for pay rise proposal doodle.com/esb83iqfdafsdaf”
“We’re going to hire Jan Kowalski, he can join from March for $$$. He will probably join Intelli project. Questions/concerns on priv. Deadline tomorrow 10am.”
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Open question
Innovations / leadership usually come from old Board Members – how to change that?
Examples: voting process, pay rise algorithm
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Recap (1/2)
$$$:1) Company financial
data2) Just do it3) Systematic approach
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Recap (2/2)
Decisions&communication patterns:• FYI• Small group + Voting
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Patience+
Courage+
Trust
Flat structure is all about…
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Photo credits
• https://www.flickr.com/photos/laenulfean/5943132296• https://www.flickr.com/photos/amylovesyah/4529506744• https://www.flickr.com/photos/aresauburnphotos/2678453389• https://www.flickr.com/photos/teegardin/5537894072• https://www.flickr.com/photos/alan-light/7615187330• https://www.flickr.com/photos/meettya/2786640478• https://www.flickr.com/photos/calliope/5347237755