Friday, December 3, 2010

traci fenton

founder and CEO of WorldBlu
democratic workplaces


transparency

contributes to
1) trust
2) people feeling recognized

democracy - giving people a voice
create an ecosystem that is empowering to every single individual

not creating a buerocratic system that is holding people small
on ave - 80% of the global workforce is disengaged at work
us - 73% - costs us economy 300 bill dollars a year
japan - 91%
imagine a company where people feel that they matter - ready each day to bring 100% of who they are

a human strategy

when a company runs democratically - it has a ripple effect
a social responsibility component to this



deomcracy is actually a system - like your body is a system
1) transparency
2) accountability
3) decentralization
4) choice

not talking about politics, but design
we need more democracy - people's souls are drying up

maybe the decision making process can be slower, but execution is so much faster because people have a buy-in, ownership..
where most companies fail - in the execution
freedom centered instead of fear based

________________________