KITCHENER, Ontario--(BUSINESS WIRE)--Miovision is known as a global leader in traffic systems technology, but CEO and co-founder Kurtis McBride has a secondary passion: empowering employees and running a transparent company. Today, the company launched a new software platform to do just that.
Teal is a new platform created by McBride and a small team of Miovision engineers to help fast-growing companies unlock the full potential of their teams, maintain their startup culture as they expand beyond a few dozen employees, and give all employees a clear picture of the entire company’s structure.
As startups grow beyond 50 or so employees, scaling the innovative, results-oriented startup culture becomes a huge challenge. As Miovision approached its 10-year anniversary in 2016, company leaders noticed how much harder it was to define roles and manage accountability while maintaining a culture that allowed employees to work on projects that aligned with both their skills and their passion.
“The days of corporate hierarchy are running out,” McBride said. “Those structures don’t empower employees. Teal gives employees flexibility to work on things they are passionate about while ensuring the company’s priorities are met. Essentially it makes the organization healthier and happier across the board.”
Although Teal was initially developed by Miovision for internal use, McBride and co-founders Bryan Peters and Victor Leipnik quickly saw that it could be valuable to other companies in similar stages of growth. They are spinning Teal off as its own company so that Miovision keeps its focus on developing software and hardware solutions to help cities improve traffic performance.
Teal performs three key functions:
- Rapid Goal Alignment - Teal ensures your teams are aligned with company goals without the cost and aggravation of lots of meetings. It provides a full view of individual and shared goals, enables workers to add new goals and invite team members to align to them, and tracks team and individual progress toward meeting goals.
- Company-wide Transparency - No one has to go digging for reports or asking for status updates because they are all located in one accessible place. Users can subscribe to progress updates on any objectives they choose, and they can identify when others have capacity to help with a new goal.
- Talent Stays Engaged - Employees are empowered to contribute to goals where they can add the most value while ensuring they are working on projects that track to the broader company strategy. They can adjust roles and responsibilities as needed and see when teammates are overburdened or underused.
Kitchener-based Mappedin, a startup that maps indoor spaces and connects users with retailers, is an early Teal user. As Mappedin has grown quickly, company leaders wanted to preserve its collaborative, agile, results-oriented culture. After relying on all-hands meetings and follow-up chats with smaller groups, an employee survey unveiled that Mappedin’s internal communications efforts weren’t scaling with the company.
“We needed a way to align our team with our vision for growth, but we didn’t want to sacrifice our culture by introducing a hierarchical or bureaucratic organizational structure,” said Mappedin CEO and cofounder Hongwei Liu. “Teal replaces outdated hierarchies. Finally, we can see how everything ties back to our goals for a visualization of how our organization is structured.”
For more information, go to http://www.tealsoftware.io/.
About Miovision Technologies
Miovision’s mission is to provide the foundation for tomorrow’s smart cities by reinventing the way traffic networks are managed today. Backed by the world’s most advanced traffic AI, Miovision’s innovations in traffic signal planning and operations have made it possible for cities to improve the transportation experience for drivers, cyclists and pedestrians for the past 11 years. With offices in Kitchener, Canada and Cologne, Germany, Miovision serves over 13,000 municipalities worldwide. For more information, visit www.miovision.com.
