The Presidential Daily Brief


  1. A man hiding from his boss

    Zappos Thinks It Can Manage Without Bosses

    He’s blazing a trail, but where does it lead? CEO Tony Hsieh has positioned his $1 billion-a-year shoe firm to step toward one possible future of corporate organization. In April, he introduced Holacracy, a trademarked way of running a company that eliminates managers and lets employees make decisions facilitated by “lead links.” The move could make the online retailer the largest example of this revolutionary philosophy, but resistance — notably among tech employees — makes some wonder if it’ll be assimilated into the notoriously competitive culture of its parent, Amazon.

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