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Mcgraw-Hill - Briefcase Books - Motivating Employees.pdf

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Encouraging
Entrepreneurial
Thinking
f you want your employees to be motivated to do their best,
Iand if you want them to be the most valuable asset on your
balance sheet, then let them feel and experience ownership in
anization. Effective managers make every employee
feel like a business partner. Why? Because when people feel
ownership of something, they look out for it.
Make Everyone Feel like a Business Partner
Encouraging an entrepreneurial mindset goes beyond profit
sharing and stock options. It’s a motivating attitude instilled in
others by you, the manager. We see this attitude demonstrated
and translated into profits panies such as Hewlett-
Packard, Southwest Airlines, Nordstrom, Intel, Starbucks, Wal-
Mart, Microsoft, and hundreds of panies, where
employees are motivated to take exceptional pride in their
work because they’re treated like business partners, not
hired help.
23
24 Motivating Employees
Entrepreneurial mindset How do you create
As it’s used here, we mean such an atmosphere of
“thinking like a business entrepreneurial attitudes
owner.” Although the term can be and pride? You begin by
used to characterize somebody who understanding and
acts independently, perhaps even as a acknowledging that
maverick, it’s intended here to convey employees today want a
a sense of feeling joint ownership, of say in how aniza-
being a partner in a business, and car-
tion is being run. Their
ing about the ess of that business.
input can be extremely
powerful, especially if
they know and understand how anization operates. By
the way you interact with employees, you can help them
begin thinking as entrepreneurs and feel more accountable for
anization meeting its goals.
To eed in today’s rapidly changing work environment,
employees need to know far more about anization than
just how to do their specific jobs. So you must help workers
better understand the anization, gain a clearer per-
spective of how anizati