Owner drivers

Article Abstract:

FI Group founder-director Steve Shirley shares his views on a true corporate culture. For several years, Shirley used profit-sharing schemes, consultations and other measures to foster a feeling of partnership with his staff. However, these did not engender the expected dynamism, so in 1991, he executed a co-ownership plan, thus giving his staff a greater inlfuence on decision-making. Such empowerment changed the top-down corporate relationship to a bottom-up driven environment. Staff became more innovative and concerned about who and how the company was run. The strategy resulted in an increase in initiative and active employee support for policy changes. Shirley opines that management in the 1990s is now more a question of empowerment and the improvement of the quality of work and life of one's subordinates, rather than of their mere participation.

Methods, Management, Beliefs, opinions and attitudes, Chief executive officers, Corporate culture, Public opinion

---

The European Commission: a new-found friend of business

Article Abstract:

In response to U.S. and Japanese competition, the European Economic Community (EEC) is reversing its long-held stance against international business enterprises by encouraging the growth of multinational companies within the boundaries of its jurisdiction. Various aspects of this policy reversal are discussed, such as the EEC social (or labor) policy change from favoring trade unions to ensuring that businesses have the trained labor force they require. EEC policy statements discussed include: the June 1985 white paper on internal markets in the EEC, the Gulf States petrochemical agreement of December 1985, the February 1985 agreement to provide sugar and starches at reduced prices to industrial purchasers (to foster biotech development), and various anti-import trade restrictions.

Analysis, Europe, International business enterprises, Multinational corporations, Economic policy, Economic development, Corporations, European Economic Community, Corporations, European

---

Similar abstracts:

• Abstracts: Biter bitten. Bidding for Europe's takeover business. Now for the big push?
• Abstracts: Strategic perspectives on European cross-border acquisitions: a view from top European executives. Career dis-integration and re-integration in mergers and acquisitions: Managing competence and motivational intangibles
• Abstracts: Women at the top in British retailing: a longitudinal analysis. International retailing in Britain, 1850-1994
• Abstracts: Peripheral vision. Transparent politics
• Abstracts: A Tough Line Against Global Economic Collapse. Rising Tide of Debt Puts Banks under Regulatory Pressure. Why the IMF's Plan Benefits Everyone in the Sovereign Lending Mess

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.