|Ownership Management||Traditional Management|
|1. An ownership stake: |
Employees receive and maintain a level of ownership that is financially significant to them.
|Ownership is concentrated, with a single person or a small group owning the company.|
|2. Ownership understanding: |
Employees understand what ownership means.
|Ownership issues are seen as irrelevant to employees.|
|3. Entrepreneurship training: |
People are trained to have the skills not just to do their own jobs, but to understand how the business works; they learn to be effective.
|People are trained to do their jobs; they learn to be efficient.|
|4. Sharing information: |
Companies share financial and performance information with employees at the company and work team levels.
|Managers guard information.|
|5. Short-term incentives: |
Everyone shares in the short-term rewards of company success.
|People may, at their managers' discretion, receive bonuses.|
|6. Employee involvement: |
Employees have structured, regular opportunities to have meaningful input into decisions concerning the work they do.
|Ideas come from managers. Employees are allowed to make suggestions (maybe).|