“WorldBlu-certified freedom-centered organizations also out-perform their competitors with an average of seven times higher revenue growth compared with companies on the S&P Index.” - Traci Fenton, WorldBlu CEO and Iowa native.
Iowa, City (PRWEB) May 21, 2015
Iowa companies Geonetric, Hagie Manufacturing and The Iowa City Area Development (ICAD) Group were among the 26 organizations certified this year as part of the WorldBlu List of Most Democratic Workplaces™, published annually on “Democracy in the Workplace Day.”
“People would rather work in organizations that have cultures based in freedom and democracy rather than fear and control,” comments WorldBlu Founder, CEO and Iowa native, Traci Fenton. “WorldBlu-certified freedom-centered organizations also out-perform their competitors with an average of seven times higher revenue growth compared with companies on the S&P Index.”
Based entirely on employee feedback, this groundbreaking global award shines a spotlight on visionary organizations that practice successful organizational democracy.
The WorldBlu survey evaluates an organization’s practice of ten democratic principles including transparency, integrity, dialogue and listening, accountability and choice on leadership, individualism, systems, and processes. Organizations become eligible for a spot on the WorldBlu List of Most Democratic Workplaces™ after employees complete The WorldBlu Design Assessment™, a survey evaluating their practice of the WorldBlu 10 Principles of Organizational Democracy™, with an overall combined score of 3.5/5 or higher.
ICAD Group and Geonetric are located in the greater Iowa City/Cedar Rapids area known as Iowa’s Creative Corridor. Hagie Manufacturing is located in the North Central Iowa community of Clarion.
All three companies were certified as Democratic Workplaces in 2014.
Well-known companies to make the WorldBlu List include Zappos.com, Menlo Innovations, New Belgium Brewery, Mindvalley, DaVita, Podio, Geonetric, Red Balloon and The WD-40 Company. The organizations ranged in size from five to 65,000 employees representing over $15 billion in combined annual revenue.
For-profit and non-profit organizations from across the US, Canada, Mexico, Netherlands, Denmark, Malaysia, Haiti, New Zealand, and Romania made the WorldBlu List from a diversity of industries including technology, manufacturing, healthcare, retail, agriculture and services.