Arab Press

بالشعب و للشعب
Saturday, Feb 22, 2025

CEO Secrets: 'My billion pound company has no HR department'

CEO Secrets: 'My billion pound company has no HR department'

Greg Jackson is the founder and CEO of Octopus Energy, a UK start-up valued at more than £1.4bn ($2bn), selling green energy. Despite now having more than 1,200 employees, he says he has no interest in traditional things like human resources (HR) and information technology (IT) departments.

There is a tendency for large companies to "infantilise" their employees and "drown creative people in process and bureaucracy", says Jackson.

HR and IT departments don't make employees happier or more productive in his experience, he says.

So he doesn't have them.

Octopus Energy was set up in 2015, specialising in renewable energy for households. It has enjoyed huge growth, taking on the "big six" traditional energy firms, and now supplies more than 1.9 million homes in the UK and is expanding into other countries with its proprietary, energy-managing software.

It is now valued at more than £1.4bn ($2bn) by private investors, with permanent staff owning 5% of its shares.
Jackson is a serial entrepreneur who has previously run a mirror-manufacturing company, an online property management agency and a coffee shop.

Octopus now employs more than 1,200 people
His distaste for "command and control", top-down management structures is born of experience, he says. Running smaller companies of around five people he would learn to cover HR and IT issues himself.

But what if there is a case of bullying to be resolved, or a contract dispute that requires specialist knowledge?

Jackson says he expects his managers to take personal responsibility for these things (with appropriate training) rather than "shelving responsibility to a third party" - just as he used to do when managing his teams.

He thinks this approach allows companies to scale faster, as well as making employees more self-reliant.

But it is a single, personal incident, which haunts him to this day, that really underpins his management philosophy.

In his late twenties Greg Jackson ran a company that made mirrors

"When I was 27, I was managing a manufacturing business in north London and there was a woman who ran the reception and also did customer service, who was in her 40s," he remembers.

"One day I heard her speaking to a customer on the phone and I thought I could help, so I leaned in and gave her some wise words.

"She finished the call, like a consummate professional, and she turned to me and said: 'Greg, I bring up two boys and a husband on the poxy wage this company pays. If I can do that, you can be pretty sure I can do anything this company wants from me. And by the way Greg, I was here before you were here and I'll be here after you have gone. I love the company more than you do, so you never need to tell me what to do.'"

Jackson was stunned into silence because she had just given him - her boss - an incredible dressing down.

"I realised she was right, and I remember I gave her a hug. It was one of the greatest learning experiences of my life and it forms the basis of my management theory today."

The episode taught him to favour a hands-off approach that lets individuals and teams sort their own affairs as much as possible without interference from above.


Serial entrepreneur Greg Jackson says he wants his employees to feel free


Newsletter

Related Articles

Arab Press
0:00
0:00
Close
The negotiation teams of Trump and Putin meet directly, establishing the groundwork for a significant advance.
Israeli Minister Urges Hamas to Surrender and Depart from Gaza.
Iran Considers Moving Its Capital Due to Urban Difficulties
Israel and Hamas Finalize Sixth Exchange of Hostages and Prisoners During Continuing Gaza Ceasefire
Leaders of BRICS to Gather in Rio de Janeiro for July Summit
Muhsin Hendricks, a trailblazing openly gay imam, was killed in South Africa.
Trump's special envoy for hostage affairs cautions Hamas against challenging Trump before Saturday's deadline.
Two British citizens apprehended in Iran amid escalating tensions.
Israel Issues Threat of Military Action as Hostage Negotiations with Hamas Continue
Hamas Coordinates Worldwide Solidarity Marches in Reaction to U.S. and Israeli Initiative
Israel Warns of Ending Gaza Ceasefire Due to Hostage Situation
King Abdullah II Dismisses US Proposal to Relocate Palestinians, Commits to Welcoming Gaza Children.
Lebanon Installs New Government with Hezbollah's Impact on Key Ministries
Report: Iran Attempted to Assassinate Trump During Election Campaign
U.S. Authorizes $7.4 Billion Arms Sale to Israel
Iran's Supreme Leader Rejects Nuclear Negotiations with the U.S.
UN Chief Denounces Trump's Gaza Plan, Cautions Against Ethnic Cleansing
Pressure Intensifies for a Free Trade Agreement between the UK and GCC in Light of Economic Difficulties
Israel to Withdraw from UN Human Rights Council Due to Accusations of Anti-Semitism
EU Reaffirms Gaza's Essential Role in Future Palestinian State Following Trump's Proposal
Iranian Currency Reaches All-Time Low Amid US 'Maximum Pressure' Initiative.
UN Reaffirms Ban on Deportation from Occupied Territories Amid US Gaza Proposal
Palestinians Fear Repeat of 'Nakba' Amid Ongoing Crisis in Gaza
UAE Aids in the Exchange of 300 Prisoners Between Russia and Ukraine
Egypt Seeks Global Backing for Two-State Solution Following US Proposal for Gaza Plan
Trump's Suggestion to 'Seize Control' of Gaza Represents a Significant Shift in US Policy
French President is the first EU leader to extend congratulations to the new Syrian President.
Tunisian President Appoints New Finance Minister Amid Economic Crisis
Trump Suggests U.S. 'Takeover' of Gaza, Prompting Global Worries
Trump's Proposal for Gaza Provokes Global Debate
President Trump Suggests Moving Gaza's Palestinian Population
Aga Khan IV, Spiritual Leader and Philanthropist, Dies at 88
Erdogan and Syria's Sharaa Talk About Collaboration to Counter Kurdish Militants
Trump Suggests U.S. Control of Gaza Strip Amid Ongoing Conflict
Trump Resumes 'Maximum Pressure' Strategy to Limit Iran's Oil Exports.
Ex-British Soldier Sentenced for Espionage on Behalf of Iran and Fleeing from Prison
Gazans in Egypt Reject Displacement, Struggle with Return to War-Torn Home
Queen Rania Urges Protection of Children’s Rights at Vatican Summit
Hamas Officials Ready to Begin Negotiations for Phase Two of Gaza Truce
Trump Expresses Caution Over Gaza Ceasefire as Netanyahu Visits Washington
Oman to Host 18th Indian Ocean Conference on Maritime Security and Trade
Emir of Kuwait Meets BlackRock CEO for Talks on Investment Opportunities
Queen Rania of Jordan Calls for Global Action on Children’s Rights at Vatican Summit
Egyptian President El-Sisi Invited for White House Meeting Following Jordanian King’s Visit
Queen Rania Calls for Protection of Children’s Rights at Vatican Summit
Israeli Military Operations Continue on Lebanon Border Amid Ceasefire Tensions
Israeli Hostage's Release Highlights Uncertainty Over Family's Fate
Israeli Military Operations Escalate in Southern Lebanon Amid Hezbollah Tensions
Zayed Award for Human Fraternity Announces 2025 Honorees
Kuwait Anticipates a 12% Increase in Budget Deficit for the 2025-2026 Fiscal Year
×