Every employee (around 100,000 in March 2015) is a ‘Partner’ in the John Lewis Partnership and they are referred to as partners, not employees. They are given the opportunity to influence the business through branch forums and take a share in the success and profits.
For those of you who have shopped at any John Lewis store, it is clearly apparent that the ‘partners’ care. They work hard as they are directly responsible for the profit of the company. If every partner does the same, the accumulative effect brings rewards both in job satisfaction and also financially.
So does this successful model translate from retail to the professional services environment? Should you give away your company?
Yes. With the right leadership and vision this can be a very effective change, and more and more businesses are doing the same.
Contact us at [email protected] if you would like any advice on effective leadership – https://www.elevate2.com/contact-us/
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