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    Improving Company Culture by Spreading Ownership
    James Nagy
    / Categories: Management

    Improving Company Culture by Spreading Ownership

    We read constantly about the importance of having a great company culture, but how exactly are we supposed to accomplish this? I think one very important factor in improving the culture of an organization is by spreading a feeling of ownership among its employees.

    You’re passionate about your business because you’re centered on ensuring the business’ success. You have an investment in the future of your company. Once an organization grows past a certain point, the majority of employees probably won’t have that sense of a proprietary attitude. A great way to boost a positive culture in a company is to give employees a sense of ownership so that they also have a vested interest in the successful future of the organization.

    Here’s how:

    Give some control back to the employees: Let your employees shine. Give them responsibility and let them stand up. Don’t micromanage every little move. If you take a step back and let your employees manage certain projects or decisions, they will become invested in the success of their project. This creates a sense of ownership. When they have a horse in the race, the outcome will be important to them too.

    Treat your employees the way that you’d want to be treated: No one is going to boost morale by treating anyone like dirt. Give the respect that you expect to get and consider what you’d want as an employee yourself. If you’re skimping on benefits, never offering raises or bonuses, etc. your employees might not care about the long term of the company because they don’t see themselves long term in the type of environment you’ve created. What kind of environment would you thrive in as an employee? What kind of environment would cause the opposite reaction?

    Weed out the bad apples so they don’t affect your strong employees: Not every hire is a great hire. Sometimes improving the culture of a company ultimately leads to the termination of one or two who are bringing everyone else down. You don’t want one person to bring down everyone else (whether this is through a bad attitude, underachieving, poor performance, etc). Make your strong employees a priority.

    Each of these points is an example of how to make your employees feel like they are an important and connected piece of your organization. This works leaps and bounds towards creating a sense of ownership among employees, which translates to a boost in a successful company culture.

    What approaches have you used to improving your organization’s culture? What has worked? What has failed?
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    James Nagy

    James NagyJames Nagy

    Looking for a business consultant, how can I help? As Co-Founder and Managing Partner of J&S Tech Designs, I have three decades of experience and expertise to share with you and help your business, product, or idea thrive.

    Other posts by James Nagy
    Contact author Full biography

    Full biography

    As a strategic leader and entrepreneur, James Nagy has a record of generating growth by leveraging the latest technologies to drive sales, marketing, product development, and profitability. He is known for identifying and capitalizing on market trends, developing effective tactics for implementation, enhancing operating performance, and serving as a trusted advisor and business partner. Skilled at working across operations, James builds strong, cross-functional relationships and communicates complex technical information to diverse internal and external stakeholders.

    A big picture visionary, James identifies and reacts to market trends, providing disruptive strategies that go beyond IT to include sales, marketing, and product portfolio management. Building on his experience as Director of Software Development with premier companies Midas International Corporation and SXC Health Solutions, Inc., James launched two successful consulting companies, Sprocket Websites Inc. and J&S Tech Designs. As the Managing Director, he provides innovative solutions to clients in small- and mid-cap companies.

    When he is not advising other business leaders, James lends his expertise to a variety of organizations. He is a Founding Member & Committee Member of the Greater Conejo Valley Chamber of Commerce; he serves on multiple teams and committees for the Naperville Area Chamber of Commerce; he is a Founding Member of the Chicago Area DNN User Group, and he serves on the Board of Directors of the New West Symphony. In his free time, James enjoys Sci-Fi, coin collecting, traveling and wine tasting.




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