Attracting and retaining talent

Interesting interview with Valve CEO Gabe Newell on how the innovative videogame maker strives to create a workplace that employees never want to leave.

In a nutshell, employees at Valve are granted an significant amount of freedom, respect and trust – and their parents get to tag along on company getaways. The company has made substantial efforts to accommodate each individuals life events – having a baby, caring for an ailing parent, attending an Ultimate Frisbee tournament – and in turn reaps the reward of company loyalty this engenders. While not a one-size solution, it’s a great example of adapting to a competitive labour market in a knowledge economy.

related – read how footwear retailer Zappos plans to get rid of management structures in favour of a system called ‘Holacracy’.

update Jan 29/2014: Here’s a segment on CBC’s The Current on Holacracy

(link expires May 2014)