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Semco
Ricardo Semler (born 1959) is the CEO and majority owner of Semco Partners, a Brazilian company best known for its radical form of industrial democracy and corporate re-engineering. Under his ownership, revenue has grown from 4 million US dollars in 1982 to 212 million US dollars in 2003 and his business management policies have attracted widespread interest around the world. ''Time'' featured him among its Global 100 young leaders profile series published in 1994 while the World Economic Forum also nominated him. ''The Wall Street Journal'' ''America Economia'', The Wall Street Journal's Latin American magazine, named him Latin American businessman of the year in 1990 and he was named Brazilian businessman in year 1990 and 1992. ''Virando a Própria Mesa'' ("Turning Your Own Table"), his first book, became the best selling non-fiction book in the history of Brazil. He has since written two books in English on the transformation of Semco and workplace re-engineering: ''Maverick'', ...
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Maverick (book)
''Maverick! : The Success Story Behind the World's Most Unusual Workplace'' is a business autobiography by Ricardo Semler published in 1993 by Warner Books. The book relates the management succession and increasingly unorthodox ethos of Semco, which grew to become one of Brazil's largest conglomerates. First published in Brazil in 1988 as ''Turning the Tables'', it became the all-time best-selling nonfiction book in Brazil's history. Semler further described the unusual corporate transition in '' The Seven-Day Weekend: Changing the Way Work Works'' published in 2003. Synopsis ''Maverick!'' is the autobiography of a businessman, Ricardo Semler, and the business he managed, Semco Ricardo Semler (born 1959) is the CEO and majority owner of Semco Partners, a Brazilian company best known for its radical form of industrial democracy and corporate re-engineering. Under his ownership, revenue has grown from 4 million US dollars ..., one of Brazil's largest conglomerates. Semler is ...
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Semco Partners
Ricardo Semler (born 1959) is the CEO and majority owner of Semco Partners, a Brazilian company best known for its radical form of industrial democracy and corporate re-engineering. Under his ownership, revenue has grown from 4 million US dollars in 1982 to 212 million US dollars in 2003 and his business management policies have attracted widespread interest around the world. ''Time'' featured him among its Global 100 young leaders profile series published in 1994 while the World Economic Forum also nominated him. ''The Wall Street Journal'' ''America Economia'', The Wall Street Journal's Latin American magazine, named him Latin American businessman of the year in 1990 and he was named Brazilian businessman in year 1990 and 1992. ''Virando a Própria Mesa'' ("Turning Your Own Table"), his first book, became the best selling non-fiction book in the history of Brazil. He has since written two books in English on the transformation of Semco and workplace re-engineering: ''Maverick'', ...
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The Seven-Day Weekend
''The Seven-Day Weekend'', by Ricardo Semler is a 2003 non-fiction book about changing the nature of work, with a case study of the management changes at Semler's family-owned business, Semco. It follows his popular '' Maverick!: The Success Story Behind the World's Most Unusual Workplace'' (1993). The book has been described as challenging conventional approaches to work by advocating corporate anarchy. The business principles described encourage employees to "ramble through their day or week so they will meander into new ideas and new business opportunities." The book is written in an easy-to-read, conversational style, but Rocco Forte's review, notes that the ideas within couldn't work for most businesses and that Semler does not accurately assess or appreciate the years of success in other businesses using traditional approaches. Alan Timothy's review focuses on the lack of coverage of any downsides to the Semco way of working, and others have highlighted the gimmickry of maki ...
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Cushman And Wakefield
Cushman & Wakefield plc is a global commercial real estate services firm. The company's corporate headquarters is located in Chicago, Illinois. Cushman & Wakefield is among the world's largest commercial real estate services firms, with revenues of US$9.4 billion in 2021. The company operates from approximately 400 offices in 60 countries, has around 50,000 employees and manages about of commercial space. It is one of the "Big Three" commercial real estate services companies, alongside CBRE and JLL. History Cushman & Wakefield was founded in New York City on October 31, 1917, by brothers-in-law J. Clydesdale Cushman and Bernard Wakefield. In the 1960s, Cushman & Wakefield began a national expansion, establishing offices throughout the U.S. In 1969, RCA acquired Cushman & Wakefield, selling its stake to The Rockefeller Group in 1976. In 1989, Mitsubishi Estate Co. Ltd. became the majority shareholder in The Rockefeller Group. In 1990, a presence in Europe was established ...
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São Paulo
São Paulo (, ; Portuguese for 'Saint Paul') is the most populous city in Brazil, and is the capital of the state of São Paulo, the most populous and wealthiest Brazilian state, located in the country's Southeast Region. Listed by the GaWC as an alpha global city, São Paulo is the most populous city proper in the Americas, the Western Hemisphere and the Southern Hemisphere, as well as the world's 4th largest city proper by population. Additionally, São Paulo is the largest Portuguese-speaking city in the world. It exerts strong international influences in commerce, finance, arts and entertainment. The city's name honors the Apostle, Saint Paul of Tarsus. The city's metropolitan area, the Greater São Paulo, ranks as the most populous in Brazil and the 12th most populous on Earth. The process of conurbation between the metropolitan areas around the Greater São Paulo (Campinas, Santos, Jundiaí, Sorocaba and São José dos Campos) created the São Paulo Macrometr ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ...
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Fernando Collor De Mello
Fernando Affonso Collor de Mello (; born 12 August 1949) is a Brazilian politician who served as the 32nd president of Brazil from 1990 to 1992, when he resigned in a failed attempt to stop his impeachment trial by the Brazilian Senate. Collor was the first President democratically elected after the end of the Brazilian military government. He became the youngest president in Brazilian history, taking office at the age of 40. After he resigned from the presidency, the impeachment trial on charges of corruption continued. Collor was found guilty by the Senate and disqualified from holding elected office for eight years (1992–2000). He was later acquitted of ordinary criminal charges in his judicial trial before Brazil's Supreme Federal Court, for lack of valid evidence. Fernando Collor was born into a political family. He is the son of the former Senator and Leda Collor (daughter of former Labour Minister Lindolfo Collor, led by his father, former governor of Alagoas and ...
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Hyperinflation
In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. When measured in stable foreign currencies, prices typically remain stable. Unlike low inflation, where the process of rising prices is protracted and not generally noticeable except by studying past market prices, hyperinflation sees a rapid and continuing increase in nominal prices, the nominal cost of goods, and in the supply of currency. Typically, however, the general price level rises even more rapidly than the money supply as people try ridding themselves of the devaluing currency as quickly as possible. As this happens, the real stock of money (i.e., the amount of circulating money divided by the price level) decreases considerably.Bernholz, Peter 2003, chapter 5.3 Almost all ...
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Economy Of Brazil
The economy of Brazil is historically the largest in Latin America and the Southern Hemisphere in nominal terms. The Brazilian economy is the third largest in the Americas. The economy is a middle income developing mixed economy. In 2022, according to International Monetary Fund (IMF), Brazil has the 12th largest gross domestic product expenditure (GDP) and has the 8th largest purchasing power parity. In 2022, according to International Monetary Fund (IMF), Brazilian nominal GDP was US$1.833 trillion, the country has a long history of being among the ten largest economies in the world. The GDP per capita was US$8,570 per inhabitant. The country is rich in natural resources. From 2000 to 2012, Brazil was one of the fastest-growing major economies in the world, with an average annual GDP growth rate of over 5%. Its GDP surpassed that of the United Kingdom in 2012, temporarily making Brazil the world's sixth-largest economy. However, Brazil's economic growth decelerated in 2013 ...
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Rockefeller Group
Rockefeller Group is an American private company based in New York City, primarily involved in real estate operations in the United States and it is a subsidiary of Mitsubishi Estate Co. The company began with the development of Rockefeller Center. After building the original , Art Deco complex from 1931 to 1939 (the company name was then the Metropolitan Square Corporation), the company developed several towers in the immediate vicinity from the late 1940s into the 1950s and 1960s. It entered into a partnership with Time Inc. and constructed a 48-story building for the company that opened in 1959; this spearheaded the expansion of the Center to the west of 6th Avenue, Avenue of the Americas. By the early 1970s, it had added a total of four International Style towers to Rockefeller Center, more than doubling the size of the original complex. Today, Rockefeller Group maintains an ownership/management position in the of office space that makes up Rockefeller Center's western cor ...
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Baltimore Air Cooler
Baltimore ( , locally: or ) is the most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic, and the 30th most populous city in the United States with a population of 585,708 in 2020. Baltimore was designated an independent city by the Constitution of Maryland in 1851, and today is the most populous independent city in the United States. As of 2021, the population of the Baltimore metropolitan area was estimated to be 2,838,327, making it the 20th largest metropolitan area in the country. Baltimore is located about north northeast of Washington, D.C., making it a principal city in the Washington–Baltimore combined statistical area (CSA), the third-largest CSA in the nation, with a 2021 estimated population of 9,946,526. Prior to European colonization, the Baltimore region was used as hunting grounds by the Susquehannock Native Americans, who were primarily settled further northwest than where the city was later built. Colonists ...
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Delaware
Delaware ( ) is a state in the Mid-Atlantic region of the United States, bordering Maryland to its south and west; Pennsylvania to its north; and New Jersey and the Atlantic Ocean to its east. The state takes its name from the adjacent Delaware Bay, in turn named after Thomas West, 3rd Baron De La Warr, an English nobleman and Virginia's first colonial governor. Delaware occupies the northeastern portion of the Delmarva Peninsula and some islands and territory within the Delaware River. It is the second-smallest and sixth-least populous state, but also the sixth-most densely populated. Delaware's largest city is Wilmington, while the state capital is Dover, the second-largest city in the state. The state is divided into three counties, having the lowest number of counties of any state; from north to south, they are New Castle County, Kent County, and Sussex County. While the southern two counties have historically been predominantly agricultural, New Castle is more ...
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