I can personally declare that the best days in all my past start-ups, were the days when Employee Share Schemes were finally realised. Clear and quantifiable goals, as we have talked about in previous weeks is also a big lever for success in a business. Show trust in your team to own tasks and challengesIf you micromanage teams you will never create a self-sustaining healthy business. Real Skin in the gameI am biased in that I have been part of a number of successful Employee Share Schemes and now run a business in Orchestra.co.nz that helps to create and manage Employee Share Schemes. There are many ways to set up and manage Employee Share Schemes, and as long as you set up the right system for your business you can expect a ton of great outcomes.

Source: Stuff February 09, 2021 18:01 UTC