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The speaker gave up being a CEO to join a self-managed team inspired by the book "Reinventing Organizations" by Frederic Laloux. The book showcased a new way of working without hierarchy, focusing on purpose, self-management, and bringing your whole self to work. The speaker, a CEO of a consultancy organization, thought they were already a great team but realized they needed to change their operating system to embrace self-management. It may seem challenging to imagine a team without a boss, but it was a necessary evolution for them.
