I agree that the key here is ownership, and that ultimately it must find meaningful expression deep inside the organization, by both managers and employees. Building “ownership on the job” is key here, metaphorically, or with respect to specific procedures, decisions, initiatives, and the like.

I think the way this is interesting in the context of corporate governance is ownership by shareholders as it is expressed within the organization - if it is at all. Making that happen effectively also likely will cause “ownership on the job”, as you characterize it, by managers and employees all the more trenchant and productive.

Thanks, as always, for your visit - and for adding this important dimension to the discussion.

I was thinking that “expression of ownership” extends to daily management practice.

“Expression of ownership” in economic and political arenas would probably be affirmed by most managers as vital to the capitalistic system. The challenge arises when they need to allow “expression of ownership” by employees in decision- making, new ideas, and different points of view. Those who do see the link are those who know the importance of building ownership on the job.

Good series.