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396. Magna CEO on Turning Five Thousand Dollars Into One Billion | Frank Stronach
The Jordan B. Peterson Podcast
Empowering Employees and Sharing Profits for Success
This chapter explores the implementation of a corporate constitution at Magnet in the 80s, detailing how it increased profits, empowered employees, and improved products and prices through profit allocation. The speaker emphasizes the importance of sharing profits with employees and highlights the global need for similar practices.
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