By offering employee ownership without equity the Zealise model provides a solution to all these limitations. It also offers an integrated participatory management approach that will ensure ownership in more than name and create the empowerment so essential to its ultimate success.
This very effectively illustrates the virtuous circle of the formula and the reinforcing aspect of its independent and inter-dependent elements. As people develop themselves they will increase their asset value, inevitably enabling them to make a greater contribution to the organisation and help execute strategy effectively. Note that, per the formula, disciplined execution is the multiplier and this will be boosted by their ownership stake which will make them more naturally inclined to do so.
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Employee ownership strengthens an employee’s sense of purpose and thereby changes their attitude, but it also helps break the tradition of looking at people purely as a cost and so reinforces the sense of autonomy that builds a virtuous cycle that perpetuates and solidifies the organisational alignment and hence the organisational integrity. Why would you not want to consider this – especially when you can do it at virtually no cost to either individual or organisation? It offers a better employee engagement remedy than anything else in the market.
The leader leads and the boss drives. Employee ownership links the life-investment your people are making in your organisation with a sense of shared purpose. It serves as a catalyst to create the autonomy, mastery and purpose that will deliver the well-being and emotional equity to secure employee engagement and sustain better performance and better results. It will thus enable you to stop driving and lead more effectively.
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