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How to Get Workers to Think and Act Like Owners
The Wall Street Journal; subscription may be required
Mar. 17, 2008
Excerpt: [J]ust establishing an ESOP often isn't enough to get employees to think like owners. Companies that want to create an ownership culture need to make an explicit effort to teach employees about their stake and keep them focused on increasing stock value, says Corey Rosen, executive director of the National Center for Employee Ownership. To that end, they should give workers the freedom to take initiatives to cut costs and boost a company's bottom line. Companies should 'push decision-making down,' he says.
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