| Those who have experienced first hand the
power of employee ownership believe whole-heartedly that economic growth, employee
well-being and dignity, and success of the business enterprise are common characteristics
of employee-owned companies. There is nothing
magic about employee ownership. Employee ownership does not guarantee success, nor prevent
or cure business problems. But it does stand to reason, and experience and research have
shown, that employee owners have a different attitude about their company, their job, and
their responsibilities that makes them work more effectively, and increases the likelihood
that their company will be successful. Fundamentally, employee owners are more accountable
for their job performance and their fellow workers job performance
simply because they have a common stake in the success of their company. Its a
simple formula: if employees perform extraordinarily well company performance is more
likely to be extraordinary, and that translates into high stock value for the employees.
Someone once said, ownership is a powerful incentive for ordinary people to do
extraordinary things.
But not everyone is aware of this power. Even some employee
owned companies have not realized the full potential of employee ownership. This is not a
matter of employees just owning stock but rather employee ownership at work.
Stockholders alone do not build companies employees
build companies and employee owners build great companies. |