Envisioning a convivial post-corporate world requires a diversity of new/old concepts, policies, technologies, best practices, etc. that are imaginable or currently available for decentralized implementation.

This blog is intended to collate promising contributions to this vision from experts in many fields.

Participants are requested to classify each of their posts with one or more of the Category Labels (listed here).

September 21, 2011

Perpetual Bacterial Hydrogen Generators

Applied Sociocracy - Corp Democracy

Can a Company Be Run as a Democracy?

* The Wall Street Journal
* APRIL 23, 2007

During a recent strategy meeting at Ternary Software Inc., a programmer criticized the chief executive's new incentive plan for employees. An hourlong discussion ensued, in which several participants, including the CEO, critiqued the proposal. Ultimately, all six participants agreed to handle incentives differently.

That part was crucial: Ternary runs itself as a democracy, and every decision must be unanimous. Any of Ternary's 13 other employees could have challenged the incentive decision and forced it to be revisited.

Running a company democratically sounds like a recipe for anarchy, and it can prompt bureaucratic whiplash: Ternary, a company with annual revenues of around $2 million, adjusted salaries for employees up and down several times last year.