As well as being one of the leading thought leaders in this space, Corporate Rebels put their money where their mouths are, by buying and improving other organisations. In October 2024, they announced the results of their first year with their first purchase, aerospace engineering company INDAERO, now a “bossless company”. The results are impressive:
“In just 12 months, …five layers of hierarchy have been replaced with seven self-managing teams. No more bosses – instead, the company aligns through chosen representatives. We’ve thrown open the books with full financial transparency, and we’re sharing the benefits through profit-sharing (25%) for all employees… a revenue increase of 40-50% this year (going from €2.2M to €3M+). Profit (EBITDA to be precise) is nearly doubling from €470k to €800k+. And here’s the kicker – we’ve achieved this while increasing salaries by 27% across the board and introducing an annual bonus of 25% of net results for all employees.“
Read the full article here .
(If the name is familiar, that’s because they wrote up our client, Amber Online.
Or perhaps it is because of their excellent book, also called Corporate Rebels.)