{"id":320,"date":"2012-04-09T18:47:40","date_gmt":"2012-04-09T18:47:40","guid":{"rendered":"http:\/\/www.changinglanes.biz\/?p=320"},"modified":"2012-05-22T18:48:14","modified_gmt":"2012-05-22T18:48:14","slug":"ownership-thinking-for-business-growth","status":"publish","type":"post","link":"https:\/\/www.changinglanes.biz\/index.php\/2012\/04\/09\/ownership-thinking-for-business-growth\/","title":{"rendered":"Ownership Thinking for Business Growth"},"content":{"rendered":"

I remember the
\nfeeling when I walked into my classroom as a child and saw my desk with
\nmy name on it or a cubby at day care with my child’s name one it. As a
\nchild, I felt I belonged and as a parent, I felt my child was welcomed
\nto join the school adventure. These simple systems create an ownership
\nthinking – I am important and I belong. When I had my day care center
\nin the early 80’s, each of my charges had a “tote bin” that could be
\nstacked, easily moved and had their name on it. They also got a tee
\nshirt with “Fairweather Fun Center<\/em><\/strong>” on the
\nback and each child customized their own with a graphic or their name.
\nSimple stuff to help kids feel like they belonged and keep clutter in
\nit’s place. <\/p>\n

Last week when I went to get a massage at Ultimate Body Mind and Spirit<\/a>,
\n I spied some colorful 12″x12″ bins labeled with each health and
\nwellness professionals’ name that was part of the team. As a customer, I
\n liked seeing all the different people that worked and performed
\nservices. I can’t help thinking that this small organizer also creates a
\n sense of ownership and “I belong” to a team of health professionals. <\/p>\n

According to Brad Hams<\/strong>, author of “Ownership Thinking<\/a>“,
\n to create an ownership mentality is to have your team think and act
\nlike owners creating wealth (assets) and a cultural model that provides
\nretention and profits. Simply put, ownership thinking is creating a culture of accountability, purpose and profit<\/strong><\/em>. Hams premise to get to ownership thinking is starting with the <\/p>\n

Right People,<\/strong> but also sometimes the right people are there but just don’t know what is expected. That leads to the second key which is the <\/p>\n

Right Education<\/strong>.
\n Employees are taught the fundamental metrics of the business so they
\ncan make good decisions that will excel the business financially and in
\ncustomer satisfaction. This leads to the<\/p>\n

Right Measures<\/strong>
\n where the business is following. These are the Key Performance
\nIndicators that are also used to help forecast the business future.
\nFinally, the <\/p>\n

Right Incentives<\/strong> are necessary to help keep the company profitable and the employees engaged.<\/p>\n

Ownership is
\nsomething that is not measured in stock or options but the behavior of
\neach individual employee as part of the greater whole. Check out Jeff’s
\n “in the trenches” below story about helping an employee take on the
\nownership of his job.<\/p>\n","protected":false},"excerpt":{"rendered":"

I remember the feeling when I walked into my classroom as a child and saw my desk with my name on it or a cubby at day care with my child’s name one it. As a child, I felt I belonged and as a parent, I felt my child was welcomed to join the school […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[11,12,13],"tags":[],"class_list":["post-320","post","type-post","status-publish","format-standard","hentry","category-business-culture","category-business-improvement","category-business-management"],"_links":{"self":[{"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/posts\/320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/comments?post=320"}],"version-history":[{"count":1,"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/posts\/320\/revisions"}],"predecessor-version":[{"id":321,"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/posts\/320\/revisions\/321"}],"wp:attachment":[{"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/media?parent=320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/categories?post=320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/tags?post=320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}