As organizations evolve, traditional metrics and philosophies are being thrown out the window to further organizations. Such factors include efficacy, employee satisfaction/ownership, innovation, etc.
I offer no beneficial contribution to this discussion, short of agreeing in principle with these efforts. However, I point you in the direction of two things I have found to be relevant:
1. Blog post from Github: http://zachholman.com/talk/how-github-no-longer-works/
Very limited management, remote employees, rapid change and growth. Read on...
2. Rework book by 37 signals: http://www.amazon.com/Rework-Jason-Fried/dp/0307463745
Questioning old organizational success principles... Do you need more employees or better ones?
I found both of those links to be extremely thought provoking. I hope you all enjoy them as well.