Each of these companiesâNucor, Haier, Handelsbanken, and Vinciâ has built an organization that is, at its core, a league of owners. Over the decades, each company has demonstrated conclusively that distributed ownershipâŚ
- Reduces turnover and creates a smarter, more experienced workforce
- Unlocks reserves of discretionary effort
- Increases the incentives for innovation
- Creates more cohesion and camaraderie
- Strengthens the connection with customers
- Produces faster, better-informed decisions
- Leads to a flatter, leaner organization
- Yields above-average returns