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TED Talks Daily cover image

The secret ingredient of business success | Pete Stavros

TED Talks Daily

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Empowering Employees Through Ownership and Wealth Creation

Empowering employees through ownership creates a sense of ownership and responsibility, transforming communities by injecting wealth. This type of wealth creation can significantly impact the local economy, leading to increased tax revenue, better schools, new businesses, and improved quality of life for all. Including all employees in decision-making and wealth creation could revolutionize the economy. Establishing a nonprofit like Ownership Works aims to ignite a movement around employee ownership, supporting companies and CEOs on this transformative journey. The goal is to impact a million workers and create tens of billions of wealth for working families in the upcoming decade, with progress already on track towards impacting 250,000 workers and generating 10 billion in wealth.

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