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20 CEOs IN ONE COMPANY @pawelwrzeszcz

20 CEOs in One Company (long version) - Agile Lean Europe 2014

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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/

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Page 1: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

20 CEOs IN ONE COMPANY

@pawelwrzeszcz

Page 2: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

@pawelwrzeszcz

No managers+

Full transparency

A company with

Page 3: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

@pawelwrzeszcz

1. Why?

2. Money $$$

3. Decision making & Communication

Page 4: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

@pawelwrzeszcz

How to scale?

Page 5: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

Us vs. Them

Page 6: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

@pawelwrzeszcz

1. Why?

2. Money $$$

3. Decision making & Communication

Page 7: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

How to talk about money?

Page 8: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

@pawelwrzeszcz

#1 Reveal company financial data first

#2 Open salaries

#3 Pay rise – systematic approach

How to open salaries – our steps

Page 9: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

@pawelwrzeszcz

Step #1

Revealcompany financial

data

Page 10: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

@pawelwrzeszcz

Step #2

Open salaries

Page 11: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

@pawelwrzeszcz

Step #2

Open salaries

Page 12: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

@pawelwrzeszcz

• Salary based on a seniority level

• An algorithm for pay rise(high revenue -> pay rise)

• Focus on increasing income

Step #3Pay rise – systematic

approach

Page 13: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

@pawelwrzeszcz

#1 Company financial data

#2 Just do it

#3 Systematic approach

How to open salaries – our steps

Page 14: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

@pawelwrzeszcz

• Trust

• Better relationships

• Focus on revenue

What we gained?

Page 15: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

@pawelwrzeszcz

1. Why?

2. Money $$$

3. Decision making & Communication

Page 16: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

Can I buy a keyboard?

Page 17: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

Can I buy a keyboard? - Approaches

#1 Ask everyone

#2 Everyone is a CEO

#3 FYI

Page 18: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

Approach #1:asking everyone…

Page 19: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

Idea #2:Everyone is a CEO

“You don’t need to ask anyone”

But…

People reluctant to make even small financial decisions

Page 20: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

Approach #3 (Current):FYI

“I’m purchasing this and that for myself.Ping me on private if you disagree.”

Page 21: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

Strategic / company-wide decisions?

Page 22: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

Strategic / company-wide decisions

Approach #1 – group chat with everyone

Approach #2 – Discussion&Voting Pattern

Page 23: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

Discussion&Voting Pattern

• Small group• Anyone can join

• Comes up with a proposal

• Voting

Page 24: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

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.”

Page 25: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

Open question

Innovations / leadership usually come from old Board Members – how to change that?

Examples: voting process, pay rise algorithm

Page 26: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

Recap (1/2)

$$$:1) Company financial

data2) Just do it3) Systematic approach

Page 27: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

Recap (2/2)

Decisions&communication patterns:• FYI• Small group + Voting

Page 28: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

@pawelwrzeszcz

Patience+

Courage+

Trust

Flat structure is all about…

Page 30: 20 CEOs in One Company (long version) - Agile Lean Europe 2014

Thank you!

@pawelwrzeszcz

[email protected]