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Valve Software's Radically Different Way To Run A Company

Valve Software's Radically Different Way To Run A Company

When we think of the richest and most profitable companies in the world, Apple, Google and a couple of oil companies are usually the first that come to mind.

However, it’s likely that a comparatively tiny software company delivers per employee revenues far in excess of these global giants.

That company is Valve, maker of the online gaming platform Steam and one of the world’s most profitable companies per employee.

Amazingly, these profits are not even close to being the most interesting thing about Valve. Neither is their string of hit games that includes Half Life and Counter Strike.

What makes Value so unique and impressive – and why we’d want to write about them at Peakon – is the why the company is regularly voted the best place to work in the games industry, even outscoring the option of ‘My Own Company’ in many surveys!

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What To Say When Asking For A Raise, And How To Ask

What To Say When Asking For A Raise, And How To Ask

In our careers, we often reach a point when it’s fair to ask for a raise. Sometimes we put in extra effort and time to produce results above and beyond what the employer expected. Other times, we’re given responsibilities beyond our original job description.

 

There are many reasons why we might desire a raise, and just as many reasons why an employer might deny that request. Luckily, there's loads of advice out there, from academic scholars to former FBI hostage negotiators, to help us navigate these potentially difficult conversations.

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How To Enjoy A Less Stressful Post-Vacation Return To Work

How To Enjoy A Less Stressful Post-Vacation Return To Work

No matter how much you love your job, returning from a holiday can be a bit of a nightmare. 

Hundreds of emails and notifications await, with little indication of what’s important and what’s just noise: ‘who’s eaten my muesli?’, etc..

By now, most of us have developed our own techniques that lessen the stress of getting back to work...

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What Can A 19th Century Mill Teach Us About Management Today?

What Can A 19th Century Mill Teach Us About Management Today?

Despite the achievements of the age, we should never kid ourselves that working conditions in the industrialising nations of the 18th and 19th Century were anything but dismal for the vast majority of people.

However, this time was not all grinding poverty and industrial strife. There are many shining examples of pioneering companies that elevated their organisations above the basic struggle between workers, manager and owners to become institutions of community, learning and shared prosperity.

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How To Write Effective Vision And Mission Statements

How To Write Effective Vision And Mission Statements

If there’s one thing that all the analysis of the Millennial generation agrees on, it’s that working Millennials care about purpose over just their paycheque.   

“Giving your young employees a purpose will enable them to envision a future with your company … If an organisation is unable to map out a road plan, a purpose of employment, it will unfortunately notice a high 0-2 year turnover” explains Prof. Karl Moore. 

Considering Millennials will make up more than 75% of the global workforce in less than five years, effectively communicating your organisation’s raison d'etre is becoming more important every day. Well written vision and mission statements can be two of your most useful assets to do so. 

Along with defining purpose, these statements can also help align your organisation – speeding up decision making and lessening the chances of projects operating at odds with your company’s real goals. 

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The Right People For Flat Organisations – 4 Hiring Tips From Google And Zappos

The Right People For Flat Organisations – 4 Hiring Tips From Google And Zappos

One thing that will break a flat organisation faster than you can say “All my managers have Ivy League MBAs.” is hiring the wrong people. Hiring the right people is key for any business, but especially so for those that want to give their employees high levels of freedom. This is why pretty much every flat (or semi-flat) organisation puts the following qualities top of their hiring list...

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