Employee ownershipHenry Ford believed his employees should be able to own one of his cars, but he would probably have been horrified at the notion of them owning some of his company.
Then again, just because Henry was horrified by something doesn't mean it's bad, and employee ownership has gained a lot of advocates in recent years, with the rise of stock ownership plans, profit-sharing and 401(k)s. The authors of Equity: Why Employee Ownership Is Good for Business make a compelling case for the belief that it can boost growth, profitability, resilience and competitive advantage.
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