Most of what U.S. corporations spend goes for management training. When employees have an ownership interest in their company and are valued for their input, their jobs become more meaningful. As mentioned earlier, ownership is just the first step in creating a successful ownership culture. The remaining ingredients are participation, training and information. Participation Motivated employee owners need the opportunity to express their ideas for improving the business to management.
Effective communication requires that managers listen, appreciate dissent and tolerate opposition.
Likewise, supervisors need to lead rather than order, assist rather than discipline, and teach rather than threaten. It is the responsibility of employees to make suggestions without confrontation, learn basic business concepts, and work cooperatively with others. Open channels for input should be maintained throughout the company. To initiate increased levels of participation, you might consider creating problem solving teams or shop floor committees. It is through participation on decision making bodies that your employees can truly accept greater responsibility.