An employee-owned culture isn’t necessarily about owning a stake in the company, writes Heidi Lynne Kurter. It is also referred to as participative management where management involves employees in decision making.
. . . an employee-owned culture is, where employees feel a sense of ownership over their decisions, performance and results.”
Source: Fast Company, March 25, 2021. Link. Kurter shares three ways employers can create an employee-owned culture to drive the company forward:
- Give employees a voice
- Give them autonomy to work
- Empower them with positive reinforcement
INSIGHTS: Kurter is not talking about relegation. Rather, she refers to empowered delegation that allows an employee to work to their full potential. One example is empowering veterinary nurses provide decision support during asynchronous communications with clients.