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Ownership Thinking: How to End Entitlement and Create a Culture of Accountability, Purpose, and Profit Hardcover – September 7, 2011


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Product Details

  • Hardcover: 256 pages
  • Publisher: McGraw-Hill; 1 edition (September 7, 2011)
  • Language: English
  • ISBN-10: 0071772456
  • ISBN-13: 978-0071772457
  • Product Dimensions: 9.2 x 6.3 x 1 inches
  • Shipping Weight: 1.2 pounds (View shipping rates and policies)
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (38 customer reviews)
  • Amazon Best Sellers Rank: #60,734 in Books (See Top 100 in Books)

Editorial Reviews

About the Author

Brad Hams is the founder and CEO of Ownership Thinking, an international consulting and training firm that has helped more than 1,000 companies engage all of their employees in the success of the business and replace cultures of entitlement with cultures of earning. Hams also spreads his message by speaking to more than 50 domestic and international audiences a year. He lives in Lakewood, CO.

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Customer Reviews

The book is full of ideas you can implement right away.
Joan M. Ridey
It is a quick read and I highly recommend this book for all business owners or management level professionals.
MrSmith75
Buy this book, it will be one that when you finish you promise yourself to re-read it every year.
josh1331

Most Helpful Customer Reviews

6 of 6 people found the following review helpful By Second City Book Reviews on October 27, 2011
Format: Hardcover
Ownership Thinking is a breath of fresh air--a way to manage and grow your business that is good for owners, but not at the expense of employees. Far too often, employees get stuck in a rut known as entitlement (meaning they feel they should be able to collect a paycheck for showing up, regardless of performance). If you own a business or manage employees, chances are you've experienced this. This type of behavior is bad for the business, bad for the individuals that work there, and bad for the economy. Brad Hams shows organizations how to implement a program that turns employees from paycheck-collecting drones to engaged and active participants. As a result, employees are more fulfilled and returns improve. Simply put, Ownership Thinking shows employers how to get employees to think--and act--like owners. The book is a step-by-step guide to implementing ownership thinking including ensuring employees understand the financials and how they impact them, and providing bonus plans that pay for themselves. Hams skips the theory, and shows readers how to put his proven program to work, one he has implemented in hundreds of organizations (large and small).
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5 of 5 people found the following review helpful By Steve Goldman on October 31, 2011
Format: Hardcover
How do you get more engagement from your employees? How do you contribute more to the success of your company? As the CEO of a 100 person company, we had great intentions for getting everyone engaged, rewarded and aligned on common profitability goals. Intentions only got us part of the way though. Ownership Thinking outlines the processes and tools needed to create lasting and meaningful changes to culture, financial success and overall company growth. We now have every new hire read this book so they fully understand our culture and the way we operate. Highly recommended read.
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2 of 2 people found the following review helpful By Jim Estill on February 5, 2012
Format: Hardcover
I rarely give a 5 star rating to a book but this is one I will share with friends.

Hams book is filled with practical advice on how to create good culture in a business.

The book was dedicated to Ayn Rand (of Atlas Shrugged fame). Atlas Shrugged is a must read for any entrepreneur. Dedicating it to Rand does indicate the leanings of the author.

Ownership Thinking started with Hams personal story which hooked me even before getting into the book. Hams is a constant learner like me.

One comment he makes is "share the insomnia" which I thought was good. Basically, get others in the company to care as much as you do.

Summarizing some of the key points:

Great companies have the right:

Incentives (that become self funding)

Education (train people well)

Measures (measure what counts)

People (in the end, success is all about the people)

Great Companies:

Care

Have Fun

Have High expectations

There are good chapters with practical ideas and things to implement like Rapid Improvement Plans (RIPs he calls them) and Huddles.

The job of any entrepreneur is to choose and create the right culture. As a company grows I always say "coach on culture but let your people make decisions".
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2 of 2 people found the following review helpful By Mr Galt on March 28, 2012
Format: Hardcover
The whole idea of ending bad entitlement and misplaced altruism is the catalyst that will get the "American Dream" -the greatness of our Country's foundation- back on the right track if enough people would listen to wisdom such as is presented in this masterpiece by Mr Hams. Thank you Brad!
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1 of 1 people found the following review helpful By perry phillips on October 31, 2011
Format: Hardcover
Brad Hams book is all about the society of business.How organizations create a culture of entitlement which leads to loss of individual power within the organization.Entitlement saps the passion and life out of the workforce.This book is easy to read and shows how through specific programs of sharing information and respecting the individual a company can achieve incredible results.If you are an owner who wants to engage his workforce or an employee who wants to do more in his company but is not given the opportunity-this is the book for you.

One of the many gems of wisdom from mr Hams is the chapter on "What your employees don't know can hurt your company".This chapter alone is worth the price of admission.Read this book, it will show you how all businesses should be run.
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1 of 1 people found the following review helpful By Jude Randazzo on August 27, 2012
Format: Hardcover
Brad Hams has written a masterful work on the implementation and theory behind ownership thinking by employees and employers in business today. It's no longer possible to run sucessful businesses in the old-fashioned way. He has encapsuled in very specific detailed steps with explanations not how only this system will work but WHY it will work. If you are an entrepreneur, a business owner, or a manager; this is a must read for you and for your employees. I know a little about this field having been a consultant and I can tell you from experience that this book replaces a couple of books on the shelf that used to be considered the top resources. Get it and contact him. I guaranty you'll see the light!
Jude Randazzo
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1 of 1 people found the following review helpful By Joan M. Ridey on February 24, 2012
Format: Hardcover Verified Purchase
Brad generously shares firsthand experience and practical information about the ownership thinking process. Our focus at Business Wealth Solutions is performance improvement and business exit planning when ownership is ready to have that conversation. We are implementing Brad's ideas and process in our work to grow the the top line, bottom line and to refine the numbers to accurately tell the story of the company. The book is full of ideas you can implement right away. Get out your highlighter becuase every page offers something new that you will want to remember and refer back to. Joan Ridley, Certified Business Intermediary, Certified Exit Planning Advisor, CFP, Pres, Business Wealth Solutions, Dallas
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