Introduction
When it comes to companies with a different way of operating, it is hard to overlook Favi. This French company, founded in 1957 and specialized in the manufacturing of metal parts, located in Hallencourt in the Somme region of France, has completely reimagined how a company can be organized. With its unique philosophy and innovative practices, Favi offers us a model of work organization that is both innovative and inspiring.
A Transformation Led by the CEO
Jean-François Zobrist, a former metallurgist and now the CEO of Favi, analyzed his company to improve it and came to several realizations:
- Lack of trust and autonomy given to employees: he realized that most employees were underutilized and their skills and ideas were not fully exploited.
- Rigid hierarchies hinder communication and collaboration between teams: multiple layers of management before an idea reaches fruition, it is essential to allow employees to express themselves directly.
- Employees are not consulted in company decisions: yet they are the ones creating value and using the resources, they have the reality of the field.
Management is action, not just talking! You see if it works or not, stop the chatter and the meetings. – Jean-François Zobrist
A Model Based on Self-Management and Empowerment
Favi chose to trust its employees by adopting a self-management model. Here, there are no traditional bosses or supervisors. Teams are empowered and encouraged to make collective decisions. This approach promotes autonomy, stimulates creativity, and strengthens employees’ sense of belonging.
A Horizontal Structure without Hierarchy
One of the most striking features of Favi is the elimination of traditional hierarchies. The company has opted for a horizontal organizational structure, where every voice counts. Decisions are made collectively, fostering collaboration and facilitating communication between teams.
Profit Sharing and Equity
At Favi, success is shared. The company practices a profit-sharing policy with its employees, meaning a fair share of the profits is redistributed among all. This approach promotes a strong sense of ownership and motivation within the company.
Development of People and Skills
Favi places great importance on continuous training and the personal and professional development of its employees’ skills. The company invests in tailored training programs, thus encouraging learning and professional growth among its employees. This approach enables them to be competent in their field and thrive in their careers.
A People-Oriented Company Culture: Trust and Respect
At the core of Favi lies a strong company culture based on values such as trust, transparency, and mutual respect. Each employee is encouraged to speak up, share ideas, and actively contribute to the company’s improvement. This creates a positive work environment where everyone feels valued and heard.
Further Reading
I recommend watching the Scrum Life video about this gentleman, which is very inspiring!