workermanaged
Workermanaged refers to organizational structures or management practices in which workers themselves exercise governance and control over the enterprise. It encompasses democratic governance, participatory decision-making, and often ownership shares held by employees. Workermanaged models are commonly associated with worker cooperatives, employee-owned companies, and social enterprises that prioritize work autonomy and collective responsibility.
In governance, decision-making is typically distributed rather than centralized: general assemblies, elected worker representatives, rotating roles,
Origins and use: The concept builds on cooperative traditions and participatory management theories. It is applied
Benefits and challenges: Supporters cite increased worker motivation, resilience during downturns, and skills development. Critics point
Relation to related ideas: Workermanaged intersects with democratic workplaces, employee ownership, sociocratic governance, and cooperative law.