Would you give your business away?

Would you give your business away?

Well, Julian Richer just did. Let’s look at that story today.

This week, on the same day that the Institute of Fiscal Studies announced their major new study on inequalities, the IFS Deaton Review, Julian Richer announced he is handing over control of is business, Richer Sounds, into employee ownership in an extensive article in The Guardian.

New models for leadership — and business ownership

As my home page says front and centre, I am passionate about finding new models for leadership: “..that embraces change as constant, encourages individual thought, relies on intuition more than data, fluidity more than hierarchy, trust more than fear, and the common good more than profit.”

I also developed the “new triple bottom line” model of Purpose, People and Planet, with a key to that being that a business must make a Profit so it can have Scalable Impact.

Happiness as a source for business success

The Guardian article notes about Richer: “His business philosophy set out in his 2001 management book The Richer Way, champions providing…