Business Success List - Sam Walton
Here is second rule, out of ten, offered by WalMart founder, Sam Walton:
My comment - Pay special attention to the "servant leader" part. It may not always be possible to share profits. It is always possible to think bottom up instead of top down.
Rule 2: Share your profits with all your associates, and treat them as partners. In turn, they will treat you as a partner, and together you will all perform beyond your wildest expectations. Remain a corporation and retain control if you like, but behave as a servant leader in your partnership. Encourage your associates to hold a stake in the company. Offer discounted stock, and grant them stock for their retirement. It's the single best thing we ever did.
My comment - Pay special attention to the "servant leader" part. It may not always be possible to share profits. It is always possible to think bottom up instead of top down.
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