Create a Culture of Accountability and Purpose
Ownership Thinking is a proven process that will move your employees from “me” to “us,” creating a better work environment and significantly improving financial performance.www.ownershipthinking.com
Ownership Thinking is dedicated to unleashing the potential of its client organizations by providing the training and tools required to develop a workforce of "ownership thinkers" who become active participants in their company's financial success.
Since our inception, we have implemented this way of doing business in over 1,500 companies, and with guaranteed, quantifiable results. This is not a job for us, it is our passion.
Ownership Thinking is the cure for the entitlement mentality in the workplace, and the path to a mentality of earning.
As a business owner or leader, you’ve probably agonized over the following questions at some point. Why can’t my employees see the issues I see? Why don’t they focus their attention on the important issues? Don’t they understand the cost of doing business?
The problem is not that your employees lack the interest or capacity to contribute, but simply that they haven’t received the education and tools to begin thinking and acting like an owner. Owners are focused on the company: sales, cash, profitability, the marketplace. Employees tend to focus on “me”: compensation, benefits, job security, getting my work done. Ownership Thinking is a proven process that will move your employees from “me” to “us,” creating a better work environment and significantly improving financial performance.
There are four things required to create an environment of Ownership Thinking:
The Right People
In the high visibility/accountability environment created by implementing Ownership Thinking, the cream will rise to the top. Your best employees will latch on to the opportunity to become more actively involved in the business. Incentives and/or equity will be important to them, but it will not be their primary motivator. The primary motivator will be the opportunity to contribute and the clear association of the work they do to the success of the organization. Research from the National Center for Employee Ownership suggests that companies practicing Ownership Thinking retain employees at a 200% better rate than other companies.
The Right Education
If employees are to become more actively involved in the financial performance of the business, they must have a fundamental understanding of business and how companies make money. Teaching employees about finance is not as difficult as you might think – companies run much like a household. Ownership Thinking uses this analogy to make learning about finance enjoyable and less intimidating.
The Right Measures
If we are to proactively manage our financial performance, we must identify the measurable activities that drive our financial performance, and get our employees focused on these. We call these measures Key Performance Indicators, or KPIs.
Key Performance Indicators are the most powerful method available to drive accountability in the business and improved profitability. Companies will obviously benefit when employees can readily understand what needs to be done through the presentation of easy-to-read dashboards allowing them to make the most effective follow-up decisions.
IOwnership Thinking will work with your leadership team to identify the appropriate KPIs for your business.
The Right Incentives
Ownership Thinking utilises modern methodologies to create incentive plans that are self funding and clearly aligned with business objectives. In addition, we provide employees with the education and tools required so that they can become actively involved in funding their plan.
We help you design short term incentive plans which are designed to provide reward for effort as a way of increasing remuneration for employees who achieve their targets. We also help you design and implement Employee Share Plans which are an great mechanism for engaging and retaining high performing employees in the long term.
About UsOwnership Thinking is dedicated to unleashing the potential of its client organizations by providing the training and tools required to develop a workforce of "ownership thinkers" who become active participants in their company's financial success. Elements of our program sometimes may be referred to as employee incentive programs, employee ownership programs, employee ownership training, and employee empowerment. Since our inception, we have successfully implemented Ownership Thinking in over 1,500 companies, with guaranteed, quantifiable results. This is not a job for us, it is our passion. We know the damage that entitlement is doing to our country and its business community, and we know that dependence ultimately crushes potential. Ownership Thinking is the cure for the entitlement mentality in the workplace, and the path to a mentality of earning.
Here are just a few of the many testimonials that Ownership Thinking has received:
Our Goal: to create an organization of employees who think and act like owners
Ascend Business Partners holds the licence for Ownership Thinking in Australia. The driving force of Ascend Business Partners is Greg Johnson; an experienced and qualified business Coach and Consultant in Melbourne.