KRISOS

A private equity group based out of the Netherlands that buys 75% of corporate shares from targeted companies with a minimum of 80% of employees committing to transform management from a top-down structure to self-managed teams.

Outcomes include drastic reductions in absenteeism and improved service levels. Other key performance indicators are 60-80% increases in revenue after 2 years, and a tripling of earnings before interest, taxes, depreciation, and amortization.

Krisos demonstrates a radical practice, given they do not buy, nor change a company to a bossless organization without a clear vote from all the employees of a company. This human-centered, democratic process is launched before their radical transformation of the organization itself, upholding some of the very principles Tony stood for.