News Column, Groupon, Zappos, Hulu and WD-40: Most Democratic Workplaces of 2011

April 19, 2011
Zappos CEO Tony Hsieh announced today that it has been recognized by WorldBlu as one of the Most Democratic Workplaces of 2011, along with Groupon, Zappos, Hulu and WD-40 Company.

WorldBlu's criterion in selecting the elite companies includes an evaluation of ten democratic principles, such as transparency, dialogue, listening, integrity, accountability and choice.

The announcement comes as part of the 5th annual WorldBlu List of Most Democratic Workplaces 2011. WorldBlu-certified organizations make use of a variety of unique practices that are distinctly democratic and contribute to profitability. The list includes 52 organizations with combined annual revenues of more than $15 billion.

"We live in a world that is moving increasingly in the direction of transparency and accountability," remarked Mitch Thrower, Founder and CEO. "Everyone ultimately discovers everything -- so the first step for a democratic organization is an open book communications policy. The second step is to provide a democratic environment that fosters creativity and ingenuity."

Groupon, named "the fastest growing company ever" by Forbes, is also celebrating its first time on the WorldBlu List. "At Groupon, we operate using the same democratic values that our Founding Fathers did when they gave the right to vote to every man, woman, and child," explains Andrew Mason, Groupon Founder and CEO.

Thrower and Mason have been invited to speak at WorldBlu Live, an annual two-day event for leaders of democratic workplaces from around the globe. This year's event will be held May 19-20 at the St. Regis Hotel in San Francisco.

Source: Copyright PRNewswire 2011

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters