I Like The Product So Much That I Bought The Company
Posted by Terry Williams - The Brain-Based Boss
I recall an advert from a couple of decades ago where a chap was so enamoured with his electric shaver that he bought the company.
This article references a four-year study showing that simple share ownership, not owning the entire company or a majority or even a significant slice but mere share ownership, improves employee engagement. No doubt the Microsofts, Apples and Googles of this world would agree with that. Actually, I have no idea. In my mind or imagination I have an image of their creative types slaving away out of a sense of purpose and mission. Might just have been a movie. Or three movies.
My problem with surveys, once again, is the futility of asking people if they would work harder if they had owned shares in the company for which they worked. Asking people their intended conditional behaviours is lazy. Better to observe and compare their actual behaviours under different conditions. ie working with and without share ownership or before and after.
But let’s take the predictable findings at face value. I am a sole contractor. I own my company. I am my company. I’ve never worked harder or been more engaged. I think share ownership as part of remuneration might work pretty well and move people in the direction of hugely engaged owner-operator types but it’ll never quite get to that level. I like my product so much that I AM the company.
About Terry Williams - The Brain-Based BossI'm all about engaging people and helping you engage yours to influence behaviour to improve results - at work and at home. Maybe you're a manager, a salesperson, a leader, a parent, a presenter or an event organiser? You need to grab your people's attention, create some rapport, be memorable and influence behaviour change. How can we do that? I'm originally a trainer by trade, turned manager, turned comedian and partway back again. Author of 'THE GUIDE: How to kiss, get a job & other stuff you need to know', I write and speak about how to engage people, be they employees, family or yourself. How can we connect with people’s own internal motivations and help them use their own inner passions to drive towards productivity, success and happiness? And hopefully have a few laughs along the way... As a trainer facilitating learning and development in others, I find myself drawing on my own extensive business experience. I specialise in the delivery of high impact, customised training solutions for organisations that are serious about improving the performance and lives of their people.
Posted on October 8, 2012, in Employee Engagement, Influence, Motivating Employees, Personal Productivity, Workplace Of Choice and tagged employee engagement, Influence, Motivating Employees, productivity, share ownership. Bookmark the permalink. Leave a comment.