Fitzii, a Canadian hiring software company, decided to eliminate all management roles and operate as a self-managed organisation a year ago. Since then, the company has seen a significant increase in productivity and employee satisfaction. Employees now have the freedom to choose their projects and set their own salaries, leading to a more engaged and motivated workforce.
Despite the positive outcomes, the transition has not been without its challenges. Some employees struggled with the lack of structure and guidance, and the company had to implement a peer feedback system to help employees set their salaries. There were also concerns about maintaining fairness and preventing potential abuses of the system.
The company has found that the benefits outweigh the challenges. Employees are happier and more productive, and the company has saved money by eliminating management salaries. The experiment has been so successful that Fitzii is now helping other companies to implement similar systems.
Overall, Fitzii’s experience suggests that self-management can work, but it requires careful planning and implementation. The company believes that with the right support and structures in place, more businesses could benefit from this approach.
Go to source article: https://blog.fitzii.com/2016/02/25/confessions-of-a-company-without-managers-1-year-later/