Many Companies Aren’t Prepared to Replace Underperforming CEOs

Re:Many Companies Aren’t Prepared to Replace Underperforming... by monkeydust on Saturday November 05, 2022 @04:23AM (#33479181)

So what's a viable framework where employees can get an official say?

My mind went to DAOs where employees all allocated governance tokens and anyone can propose a new idea and others can use their tokens to vote.

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Re:Many Companies Aren’t Prepared to Replace Underperforming... by z3ugma on Saturday November 05, 2022 @05:09AM (#33479481)

Check out sociocracy. There is overhead cost to operating this way though.

In your model, what happens when you get outvoted?

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Re:Many Companies Aren’t Prepared to Replace Underperforming... by astura on Saturday November 05, 2022 @07:14AM (#33480345)

Cooperatives

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Re:Many Companies Aren’t Prepared to Replace Underperforming... by lovich on Saturday November 05, 2022 @01:54PM (#33483842)

We don’t need to bring crypto into it for some amount of control. The poster above is referencing the same problem with any direct democracy which what you get with employee ownership being just shareholders and what you would get with handing out tokens. The solution is to vote on a representative/s who sit on the board much like the German example I mentioned.

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