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I'm not sure it was intended to solve a problem, but I think it does provide benefits of increased employee autonomy and mental investment. That may move the n
by thomaslangston 13y ago
I'm not sure it was intended to solve a problem, but I think it does provide benefits of increased employee autonomy and mental investment.
That may move the needle on employee hiring, retention, or performance. Or it may just make the owner happy, specifically in the example the author appeared to value shared ownership as a goal in itself.
The author also appeared to appreciate the vote on pay as a metric to determine how the employees viewed the state of the company (i.e. how big the communication gap was between himself and the employees given the company's promotion of internal transparency).