by admin | May 30, 2022 | Co-owner to Owner, Ownership Essentials
WHAT IN A NUTSHELL When goals are set in a top-down manner, they can have unforeseen negative consequences like employees feeling disengaged or no commitment towards achieving those goals. That’s, perhaps, because they feel the goals are unattainable or find it...
by admin | May 30, 2022 | Co-owner to Owner, Ownership Essentials
WHAT IN A NUTSHELL Traditionally, growth in corporate companies has meant an employee’s vertical ascent through the hierarchy. Organizations lay out highly structured career paths for employees to follow in the hope that their rise through the corporate ranks will...
by admin | May 30, 2022 | Contributor to co-owner, Ownership Essentials
WHAT IN A NUTSHELL Companies offering a share of their profits to employees is old news. Many organizations pool a percentage of their profits and divide them between employees as year-end incentives. However, there is a lack of clarity on why certain employees...
by admin | May 30, 2022 | Contributor to co-owner, Ownership Essentials
WHAT IN A NUTSHELL In traditionally structured organizations, one person takes responsibility for decision making. It’s the managers or top-level leaders who get to make the final call. They make decisions, which filter down to each level in the company hierarchy....
by admin | May 30, 2022 | Contributor to co-owner, Ownership Essentials
WHAT IN A NUTSHELL While companies grow, it’s also important to look back at the mistakes that they’ve made during this process and reflect on what happened. This is important so that companies remain adaptable and relevant in an ever changing corporate world. For...
by admin | May 30, 2022 | Dependent to Contributor, Ownership Essentials
WHAT IN A NUTSHELL It’s a paradoxical time: Companies are increasingly aware of the long-term benefits of trust and yet, they hold back because they worry that employees with too much access to information can wreak havoc. On one end businesses want to be more open...
by admin | May 30, 2022 | Contributor to co-owner, Ownership Essentials
WHAT IN A NUTSHELL If someone were to ask us to name the most important people in a company, most of us would name one of the C-level executives. That’s because we’ve been conditioned to believe that organizations rest on the broad shoulders of managers. However, in...
by admin | May 30, 2022 | Contributor to co-owner, Ownership Essentials
WHAT IN A NUTSHELL Teams and the way they operate have always been of great interest to people as well as organizations geared towards success. When it comes to teams, what’s better? Extreme alignment among team members about the way in which they want to achieve a...
by admin | May 30, 2022 | Dependent to Contributor, Ownership Essentials
WHAT IN A NUTSHELL The social contract isn’t a business negotiation and neither is it a legal document. Instead, it is a tacit agreement between members of a group to behave in a certain way with certain privileges and duties. It’s an integral part of the concept of...