Benefits Quote by Sanford I. Weill
“From the business point of view, always encouraging the people in our company to own stock in the company, and if we're going to build something great, to have a lot of people share in the benefits of that greatness.”
About This Quote
Source Speech: Business Leadership Forum, 2010
Encouraging employee stock ownership aligns incentives, allowing many to share in a company’s success.
In simple terms: Employee ownership shares success.
Key Takeaway
Promote stock ownership.
Themes
business
incentives
ownership
Mood
optimistic
pragmatic
Type
advice
strategic
When to use this quote
- startup equity
- employee benefits
- profit sharing
Key Concepts
economics
corporate culture
Questions to Reflect On
- How can you make ownership inclusive?
- What risks accompany widespread equity?
A Different Perspective
Not all employees can afford stock.
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