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Jack Stack and co-author Bo Burlingham helped validate sharinginformation with employees inThe Great Game of Business(Currency Doubleday, 1992). InA Stake In The Outcome(CurrencyDoubleday, $24.95), Stack and his co-author aim to do the same foremployee ownership.
Post-Enron, executives who encourage workers toinvest in company shares are likely to be viewed with suspicion.Stack's premise, however, is that letting employees buy stockin a company can do a great deal to help both parties. And thebenefits go far beyond reducing turnover and easing recruitmenthiring. Done right, employee stock ownership can help each andevery employee act like a true owner. But it's not simple. Eachchapter offers an "Ownership Rule." Some are obvious orshopworn, but others are more far-reaching and groundbreaking.Ownership Rule #9 states, "Getting out is harder than gettingin." It addresses the fact that if you let employees buystock, you have to provide the money and method for them to sell itback.