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Each of these companies—Nucor, Haier, Handelsbanken, and Vinci— has built an organization that is, at its core, a league of owners. Over the decades, each company has demonstrated conclusively that distributed ownership…

  • 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