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"There are also non-co-op companies where employees all have a say in business decisions, and they have done well and have great employee satisfaction and retention."

I have a feeling that all of these ideas that you and many others want to try have already been tried. It's resulted in the type of company structures we have today.

Personally, I've been involved in enough groups and organizations to know that not everyone should have a say in business decisions. Lots of people have ridiculous ideas and it would result in the downfall of the group/company (I've seen it happen). Other people just aren't interested. They want to collect their paycheck and go home.

"The current (big) business climate dictates that the sole purpose of a company is to maximize shareholder value at all times, at all costs. I suggest that the purpose of a company is to provide value to all stakeholders, and find a healthy balance."

You can start a company right now that does this. Why not try your theories out? That's the beauty of our current free system (at least in the US). You can try out ideas that may or may not work without having to force everyone to abide by your rules.

"I suggest that the purpose of a company is to provide value to all stakeholders, and find a healthy balance."

This should be up to the person that owns the company. I don't like the idea of forcing others to my ideals.



> I have a feeling that all of these ideas that you and many others want to try have already been tried

Yes, of course. They're all around us. We focus on Googles, Facebooks, Chevrons, and so on, but there are examples to be found of more diverse ways of conducting business.

I would like to provide you an example I read about, perhaps a year ago, of a Midwest company where all of the employees gather with the directors to discuss and vote on important decisions. Unfortunately, I don't have the time to dig it up.

In Germany, as an another sort of example, it's (sometimes?) legally required to have employee representation on the supervisory board (http://www.biscayneconsulting.net/images/laborfuerst.pdf). Compare this with the common US system of the staff elite, conducting business decisions behind closed doors, leaving the employees wholly unaware of their own future.

> I don't like the idea of forcing others to my ideals.

It's not like I'm suggesting some sort of government mandate. Creating awareness and subsequent social pressure can cause tremendous change. While the definition of a corporation is generally static, trends in corporate behavior and general concepts of priorities change over time. Look at 'shareholder value' in Wikipedia, for example.

I do agree that this is up to the corporate founder(s). However, I think that Americans are generally unaware that there are other systems which may be perfectly viable, and yield a greater quality of life for everyone involved. I also think that current interpretation of laws has led to a rather odd system, where corporate directors make decisions which are distinctly bad for long-term business, for the sake of satisfying shareholders and securing short-term, personal gain.

As for starting a company to embody my beliefs, I have. Even if successful, though, I won't have enough capital and momentum to demonstrate any of this for some number of years. Until then, it's just small-business-as-usual. :-)




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