Whose Company Is It Anyway?

THE WALL STREET JOURNAL—“What do you think this is, a democracy?” When it comes to decision making at employee-owned companies, the question isn’t necessarily a sarcastic comeback. Given an often greater degree of employee input, the process can lead to confusion over roles and responsibilities if it isn’t managed well.

If you’re looking for ways to teach employee shareholders about your company’s decision-making process, you may want to check out this quick reference guide: “Rights, Roles and Responsibilities of Decision Making.”

Reflexite Corp., an employee-owned company in Avon, Conn., developed the handout for its employee owners to clarify whom is responsible for making what kind of decisions. Read article.