Remove ESOP Remove Motivation Remove Open-book Remove Operations
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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. Just look at the supermarket industry to see such ownership in action. .”

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Why the U.S. Needs More Worker-Owned Companies

Harvard Business Review

On their own merits, worker-owned businesses can show policy makers, investors, managers, and advisers that companies with democratic ownership values and structures are operated with the same profit motivation as other companies. ESOPs typically allocate shares to employees in proportion to their pay.

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