Business

Namaste Solar; Case Insight

Namaste Solar is a successful solar energy company located in Boulder Colorado. Founded in 2005, the firm was set up by three people who all shared a vision; a firm where there was shared risk and reward, corporate social responsible ethics and democratic decision making. The firm has been highly differentiated in the developed culture that is based and extends these ideals, with a commitment to shared equity where and employees bought shares and ownership was vested over five years. 37 employees owned equity and no owner had a majorly share. The democratic decision making was facilitated with big picture meetings (BPM). However, the initial direct democratic process required adaptation to include indirect processes as the firm expanded. By 2008 the firm achieved 20% - 25% of the residential and small commercial solar market in Colorado, and with the growth of U.S. solar energy installations...
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