Treat Employees Like Business Owners

Harvard Business Review

And companies — except for the very smallest — can implement an employee stock ownership plan (ESOP), often funded through borrowing. ” Tool #2 goes by different names: open-book management, economic transparency, ownership culture. At open-book companies, it’s part of everyone’s job to contribute to the success of the business. “That’s something they can take with them as they move forward with their careers.”

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