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Employees as owners

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Employees as owners

By , October 25, 2023
engaged employees

Many business owners get frustrated because they can’t find good employees, and they ask me, how do I get my employees to think and act like me? So I ask them, what’s the difference between them and you? Well, I own the business and I take all the risks they pay. Then why don’t you make them business owners?

Employee ownership is the best way that I know to ensure that everyone is pointed in the same direction, motivated and rewarded to achieve the business goals. Be careful now just making ownership and option doesn’t automatically solve all of your problems. There’s an education process required to shift the culture from employee thinking to one of ownership mindset. When everyone is aligned to the vision purpose, cause they understand the business and the revenue models and productivity and profitability always increase.

Darryl Bates-Brownsword

Darryl Bates-Brownsword

CEO | Succession Plus UK

Darryl is a dynamic, driven Business Mentor and Coach with over 20 years of experience and passion for creating successful outcomes for founder-led businesses. He is a great connector, team builder, problem solver, and inspirer – showing the way through complexity to simplicity.

He has built 2 international multi-million turnover businesses; one now operating in 16 countries. His quick and analytical approach cuts through to the core issues quickly and identifying the context. He challenges the status quo and gets consistent, repeatable and reliable business results.

Originating in Australia, Darryl’s first career was as an Engineer in the Power Industry. Building businesses bought him to the UK in 2003 where he quickly developed a reputation for combining systems thinking with great creativity to get results in challenging situations.

A keen competitive cyclist, he also has a B Eng (Mech) Engineering and an MBA.