Ownership

Ownership is a fact of owning property that is the ultimate and exclusive right. The Employee Ownership can be motivated employees and improved company performance, but only under certain conditions. The challenge is to make Ownership work, three terms and conditions must be clearly defined: responsibilities, accountability and authority. The effective motivation of the Employee Ownership can be identified: financial support, participation, influence awareness and fairness appraisal.

Related Definitions in the Project: The Project Management

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