How do we boost productivity? Give workers a piece of the action

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How do we boost productivity? Give workers a piece of the action

By Frank Stronach As the former CEO of Magna International, one of Canada’s largest manufacturing companies, my philosophy was always that employees don’t work for you – they work with you. At Magna, we backed that statement up by making every employee a partner in profitability. It was the secret to our success: giving workers a piece of the action to generate greater productivity and ingenuity. However, overall productivity in Canada has been …