Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
Back in September, I wrote about an organization called WorldBlu, and a concept known as “workplace democracy.” While that may sound like an oxymoron to anyone slaving away under the thumb of a toxic boss—or any shareholder wishing for access to a proxy ballot—WorldBlu’s chipper founder, Traci Fenton, believes it’s possible. She believes a “democratic” organization is one that has a flat organization, employs open-book management, encourages employee ownership, and at times even lets employees vote on ideas or leaders.
I’m not entirely sold that the concept has legs—far too many corporate managers would have difficulty with the voting concept, at least—Fenton publishes a list each year on companies that each pay money to apply. That surprised me, but according to Fenton, that’s the case with the Great Places to Work list published by Fortune each year, too. For what it’s worth, here’s a link to this year’s list, which includes companies ranging from Second Life creator to carting service 1-800-GOT-JUNK?
How can you manage smarter? Bloomberg Businessweek contributors synthesize insights from the brightest business thinkers, critique the latest management trends, and comment on leaders in the news.