An Employee Owned and Democratic company

By Peter O'Neill, posted 27th March 2015 in Announcements.

It has been very quiet from me (Peter) on the blogging front in the past six months – probably longer to be honest.  Which is very frustrating for me, I really enjoy sharing my ideas.  My excuse is I have been very busy, we have got a lot of new clients on board plus a bigger team here at L3 let alone all of the events involved in.  Hope to start writing again soon but first wanted to share more details on an important area for L3 Analytics.

In addition to an enormous amount of work for clients, 2015 is the year in which L3 Analytics will transform into an employee owned and democratic organisation. What that means exactly is still to be defined. But I want to create a company that everyone can be proud to be a part of. That everyone is invested in and contributes to the long term success of.

This desire has seeds in across all my past experiences, seeing a lack of correlation between the amount and quality of work that myself and others have invested in roles against the rewards for this work. Most companies are set up to benefit shareholders or the most senior few, not the most important stakeholders, the employees. So the least invested get the most rewards. Then I stumbled across the idea of democratic organisations and I saw there was a different way.

The details still need to be worked out and I don’t know what the end result will be. But it will be place where the more you put in, the more you get back in return. Where the quality of life is more important than making as much money as possible. A place where people are genuinely happy to be and proud to be a part of. Where everyone contributes to the direction of the company and values actually means something.

The reason I want to do this is to be part of an amazing company myself, the one I wished I had the opportunity to join earlier in my career. Beyond being rewarded for the work I put in, I want to be a part of the best team possible. I have a small ambition for L3 Analytics to be one of the top 5 analytics consultancies in the world in the future. The team I want around me while achieving this is people who are not only great at analytics and helping their clients achieve great things but who are motivated in the same way.

If all this appeals to you as well, check out the opportunities for joining L3 Analytics.

All the ideas have been inspired for this in different ways by various companies and organisations. Check out a few links here to learn more:

We will provide updates over the course of the year as plans progress and we get closer to completing the transition. Am looking forward to publishing an explanation of how the company operates and what you will get by being a part of it. For now though, leave with one thought. The sooner you join, the more you can influence the shape and direction of your own company.