Ricardo Semler has run Semco Industries in an unconventional manner for 25+ years, averaging 27% growth annually. Teams select their own leaders, there are no job titles, quite a large number of the team set their own salaries. His books "Maverick" and "The Seven Day Weekend" have been best sellers.
In this thought provoking and sometimes uncomfortable talk to MITSloan students he questions the rationale of a lot of things we do and take for granted. Like the need to work in an office, the assumption that the leader or CEO has all the answers. He asks how come the chances that a company would survive more than 40 years is around 9%, how come innovations do not happen by the established players in the industry. At the heart of it he says it is the way companies are organised and how they at Semco have gone about experimenting and questioning a lot of what organisations do, and how they do it. The Pyramid structure of a typical organisation is outdated he says and it is only a matter of time before it is finished.
Here are links to his Books:-