The secret ingredient of business success

Pete Stavros compelling story of how SME equity ownership is inclusive and sustainable with an ownership culture

These are all sections from the below TED talks

Any company, large or small, public or private, has shareholders who own the business.

So I wondered, what if everyone in a company had stock ownership, not just to the assistant treasury level, but to the factory floor distribution centres? How might employees lives be impacted? And how might the company, and in fact, the whole community, be impacted?

Today, I'm going to try to convince you that broadening employee stock ownership is the single most important thing that we can do to lift up workers and to make companies stronger, too.

It's not like this was only good for workers. We saw quality improve, scrap went down, productivity boomed, we became more responsive to customer demands, and we gained market share as a result. In fact, by the end of the journey, the financial results had improved so enormously, the company was worth ten times what it had been worth in 2015.

Without ownership. It is a job. You clock in, you clock out, you go home. When you have ownership in the business, it changes everything.

So just imagine how different would the economy be if every company operated in this way and included all employees in decision making and in wealth creation. What a different economy we would have when we sold the busi