The land of startups is being introduced to a fairly new concept thanks to Managed By Q. Fast Company writes, "Over the next five years, office management service Managed By Q will give 5% of the company to its workers, CEO Dan Teran announced at a press conference with United States Labor Secretary Tom Perez on Friday." The latter this move will make a good example for other "on-demand" service companies.
Managed by Q is essentially an app-based platform that allows its clients to communicate directly with workers to request special projects and coordinate schedules. Secretary Perez told Teran, "You are showing the world that in the on-demand space, you can innovate and you can ensure that innovation is inclusive." The structure provides a bright future for such jobs, which will continue to grow.
Profit-Sharing Startups
Managed By Q to 5% Of Company To Its Cleaners
Trend Themes
1. Profit-sharing Startups - Managed By Q's initiative of giving 5% of the company to its workers sets a trend for profit-sharing startups.
2. App-based Platforms - Managed By Q's app-based platform demonstrates the trend of using technology to directly connect clients with workers.
3. Inclusive Innovation - Managed By Q's approach showcases the trend of inclusive innovation in the on-demand service sector.
Industry Implications
1. Office Management Services - Managed By Q's profit-sharing model presents a disruptive innovation opportunity for the office management services industry.
2. On-demand Service Companies - Managed By Q's example of profit-sharing sets a benchmark for other on-demand service companies.
3. Labor and Workforce - Managed By Q's initiative highlights the need for more profit-sharing and inclusive practices in the labor and workforce industry.