News: Why old management models need a major overhaul: Gary Hamel

Strategic HR

Why old management models need a major overhaul: Gary Hamel

Not many people would be familiar with Morning Star, a tomato processing company near Sacramento, California. Management guru and author Gary Hamel, though, can't stop talking about it. What's got him so excited is the company's unique style of self-management, which is flat in the truest sense of the word. There are no managers and no formal hierarchies and employees sign a 'Colleague Letter of Understanding' with each other outlining what they will do for each other, Economic Times reported.

Not many people would be familiar with Morning Star, a tomato processing company near Sacramento, California. Management guru and author Gary Hamel, though, can't stop talking about it. What's got him so excited is the company's unique style of self-management, which is flat in the truest sense of the word. There are no managers and no formal hierarchies and employees sign a 'Colleague Letter of Understanding' with each other outlining what they will do for each other, Economic Times reported.

At the end of the year, a peer review committee evaluates performance based on the parameters in their contracts. Of course, this also requires the company to invest in upping the skill levels of its employees to enable them to function in this manner.

Read the full report here

Read full story

Topics: Strategic HR, Leadership, Culture, #GlobalPerspective, #ExpertViews

Did you find this story helpful?

Author

QUICK POLL

Post-COVID, which aspect of work will technology impact the most?

2 months free subscription
q_auto,f_auto/v1593523489/mag-july-2020.png

Subscribe to all new People Matters HR Magazine

.

Subscribe
And Save 59% plus Two months free

Subscribe now

Interested in daily dose of short & crisp insights from the world of work?