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« Decision Time For Nonqualified Deferred Compensation: Top Issues For Plan Participants Choosing Salary Deferrals For The Year Ahead | Main | Ho, Ho...Huh? Year-End Financial And Tax Planning For Equity Comp And Company Stock Can Be Tricky »

17 November 2014

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I appreciate the points this article makes. More effectively engaging employees by helping them understand company stock plans can be accomplished most effectively by applying open-book principles. This involves making the economics of the business transparent, and involving all employees to understand, improve and participate in the economics of the business. This creates the learning organization. Corey Rosen's work at the National Center for Employee Ownership has documented how OBM helps improve company results and the lives of the emplooyees who drive those results. Over the past 20+ years, I have seen this work in small / medium sized privately held companies I have coached to larger companies like Southwest Airlines and Capital One.
These Harvard Business Review articles provide more background:
http://blogs.hbr.org/2013/12/a-winning-culture-keeps-score/
http://blogs.hbr.org/2014/06/share-your-financials-to-engage-employees/
http://blogs.hbr.org/2014/10/track-customer-experience-but-dont-forget-the-financials/
The HBR third article speaks about what we call, Customer-Centric Open Book©, which has been especially effective, by getting the input of both customers and employees. More information and case studies are available at www.openbookcoaching.com. I hope this input is helpful.

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