Ownership Thinking: How to End Entitlement and Create a Culture of Accountability, Purpose, and Profit

CHAPTER SEVENOwnership Thinking for the Long Term

Companies are pretty good at starting things, but not very good at following through with them. I will be discussing several suggestions in this final chapter that will help you to successfully implement and, more important, sustain Ownership Thinking in your organization. Let’s start with the most important, which is involving the stakeholders in its implementation.

One of the most common reasons that initiatives fail (or never realize their full potential) is that the stakeholders are not involved in the implementation and follow-through of the initiatives. Business owners or leaders will read a book, hear of a successful strategy from a friend, hear a speaker, or be exposed to something in ...