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EPISODE · Nov 22, 2024 · 1H 13M

Workplace Democracy: Sharing Power and Decision Making at Work

from The Aspen Institute Economic Opportunities Program — Events and Interviews · host The Aspen Institute Economic Opportunities Program

Democracy may be top of mind for many Americans this election season, but it’s easy to forget that the ideal of democracy has always been about more than filling out one ballot every couple of years. Democratic and participatory principles and practices can strengthen our public spaces, community organizations, social media platforms, and even our workplaces.   Workers are closest to many of the problems and potential solutions most critical to an enterprise’s performance, holding essential knowledge about safety, productivity, and culture. Employers who fail to sufficiently listen or value their workers’ voices miss opportunities to innovate and improve productivity — and may suffer from workers’ decreased job satisfaction, productivity, and retention. We know workers want a seat at the table on issues from pay and benefits to safety, culture, and accountability, not only because they say so in surveys, but, increasingly, because they’re organizing to win it. Companies that genuinely seek to leverage workers’ insights often deploy tactics like surveys and town hall meetings that fall short of capturing representative input or turning feedback into action. But democratic mechanisms like shared ownership, board level co-determination, and labor-management partnerships can unlock benefits by enabling a truly collaborative, participatory work environment. In this virtual event — hosted by the Aspen Institute Economic Opportunities Program on November 20, 2024 —  experts and practitioners share insights on how different democratic structures and strategies can create better workplaces and businesses. Panelists also share their own experiences and extrapolate learnings that may apply to others looking to build more vibrant, participatory work environments. Our speakers include: Julian McKinley, Co-Executive Director, Democracy at Work Institute Lenore Palladino, Associate Professor, University of Massachusetts Amherst Larry Williams Jr., Founder and President, UnionBase Liba Wenig Rubenstein (moderator), Director, Aspen Business Roundtable on Organized Labor For more information about this event, including a transcript, speaker bios, and additional resources, visit: https://www.aspeninstitute.org/events/workplace-democracy-sharing-power-and-decision-making-at-work/ For highlights from this discussion, subscribe to EOP’s YouTube channel: https://www.youtube.com/@AspenEOP Or subscribe to the “Opportunity in America” podcast to listen on the go: https://podcasters.spotify.com/pod/show/aspeneop

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