Organizations representing more than 70,000 employees and $33 billion in annual revenue have received the 13th annual WorldBlu Freedom-Centered Cultures Award
BOULDER, Colo., May 14, 2019 /PRNewswire/ -- WorldBlu, a global community of organizations devoted to freedom and democracy in the workplace, proudly announces its 13th annual WorldBlu Freedom-Centered Cultures awards. The honor recognizes companies across the world that have prospered financially by building workplace cultures on the principles of organizational democracy.
Thirty-three organizations from around the world were named this year, up from 20 in 2018. All told, nearly 200 companies across scores of industries have received the award, which certifies them as sustainable democratic workplaces against WorldBlu's 10 Principles of Organizational Democracy.
"Employees want workplace cultures where they have freedom with accountability rather than an environment of fear and control," notes WorldBlu Founder and CEO Traci Fenton. "These organizations are delivering a freedom-centered culture people love and deserve to be recognized for it."
WorldBlu's research shows that 75% of workplace culture is shaped by an organization's systems and processes. Using its rigorous Freedom at Work Scorecard, WorldBlu identified organizations with 10 or more employees and $1 million or more in revenue whose systems and processes are substantially democratic, rather than rigidly hierarchical.
Democratic workplaces don't just make for happier employees – they have healthier bottom lines as well. WorldBlu-certified companies averaged 103% revenue growth compared to only 15% among S&P 500 companies.
This year's awardees exemplify democratic organizational structures in some fascinating ways:
- Beetroot has a process called the Decision Coordination Circle, which invites all employees to help make strategic decisions regardless of their roles.
- 15 Five openly shares revenue numbers in an all-hands video conference each week.
- Seedspace uses decentralized teams which act like independent startups, each with its own budget, objectives, business model, and leadership board.
- Widen uses a "Power to the Edge" decision-making framework that calls for 80% of decisions to be made by employees.
With political democracy declining worldwide, these organizations and others are taking up the cause by building their organizations around democratic principles. The result is massive bottom-line growth, resiliency, and a workplace culture people love.
Founded in 1997, WorldBlu is a global academy and community of organizations committed to freedom and democracy in the workplace.
Ms. Traci Fenton
Founder and CEO, WorldBlu
Phone: + 1 202 251 8099
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