Octopus Energy: how to run a massive company with no HR function, with Founder and CEO Greg Jackson
Greg Jackson started Octopus Energy, a green energy supplier, in 2015. Since then it has enjoyed huge growth. It is now the fourth largest energy retailer in the UK, supplying over 3 million homes in the country, as well as homes in Germany, the USA, Japan, Spain, Italy, France and New Zealand. They were valued at nearly 5 billion dollars at the end of 2021.
Greg is clearly passionate about climate change and says he went into business to drive change. Octopus Energy is a fascinating business, not only because of its growth in a highly competitive industry but also because Greg has rejected traditional business structures. Despite having three and a half thousand staff, Octopus Energy has no HR department.
Listen to find out why he wanted to create a completely new organisational structure; how that system coped when an unprecedented event like the pandemic happened; and what is it like being the CEO of an energy supplier during an energy crisis.
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