3. The Industrial Age
(Factory System 1850-1970)
Vs.
The Participation Age
(2000-?)
4. Hallmarks of
The Participation Age
(The New Normal)
Participation
&
Sharing
5. Hallmarks of
The Participation Age
Leaders
(embrace participation & sharing)
Not
Managers
(embrace authority & control)
6. Hallmarks of
The Participation Age
Stakeholders
(Adults Making Meaning)
Not
Employees
(Children Making Money)
7. Hallmarks of
The Participation Age
Everybody is:
1) An adult
2) An owner (not always equity)
3) Results-based
8. Key Themes of
The Participation Age
1) Make Meaning, not just money – passion &
purpose, not just $$
2) Time is the new money
3) Employees become Stakeholders; Managers
become Leaders
4) Participation Age Co’s make more money and have
more longevity
9. No departments
:
No corporate ladder, no promotions
No HR department
No written policies, just beliefs
No Managers, just Leaders (no one “under” others)
No office hours (even manufacturing)
Unlimited vacation
Profit sharing for everyone
10. The Most Human of Questions?
(Who, What, When, Where, How, or Why)
WHY
The Most Forbidden Question
of the Industrial Age?
WHY
11. Why Is Culture So Important?
Firms Of Endearment – Raj Sisodia
Firms of Endearment – 1,025%
“Good to Great” Companies – 316%
S & P 500 Ave. 10 Yr Growth - 122%
Want to make a lot of money?
Build a great culture, not just a great product.
16. Informs us how to behave
A clear guide for newcomers
Increases our profits exponentially
Gives us stability and longevity
Makes Stakeholders come running
Eats strategy for lunch (Drucker)
Is the real bottom line
17. Beliefs/Principles of
The Participation Age
1) We are all owners
2) We are all adults
3) We are a RESULTS-BASED Workplace
4) Titles, Hierarchy De-emphasized or eliminated
5) Results-based rewards (no bonuses/annual pay raises
6) Decisions made where carried out (above water line)
7) Time is the new money
18.
19. Applying It To Our
Business
What do you believe?
. . . . . . . . . . . . .
About business?
About people?
About success?