The following is an excerpt of an article originally published by McKinsey & Company, featuring Ownership Works:
“Imagine a factory floor in Illinois, an insurance company in California, or a roofing materials company in Texas. Now imagine that every employee at each of these companies—from the production line to the loading dock to sales staff—could share in the wealth they help create. That is the reality at C.H.I. Overhead Doors, Integrated Specialty Coverages (ISC), SRS Distribution, and over 150 other companies where a broad-based ownership program, facilitated by the nonprofit Ownership Works, has brought equity payouts to workers.
More importantly, operational performance tells the deeper story: improvements in productivity, safety, margins, and growth, driven by employees who truly act like owners. Ownership Works, which launched in 2022 with help from McKinsey, has a mission to scale success stories like these for workers and companies around the world.”
Read the full article here.
