Embracing an “Ownership Culture” and a Willingness to Fail

How do you get managers to start thinking and acting like business owners?
In this episode I interviewed Greg Milano, the founder and CEO of Fortuna Advisors. Greg is a recognized industry thought leader in strategic resource allocation and in creating an ownership culture, which we’ll learn all about in this conversation. He is also the author of the book Curing Corporate Short-Termism, Future Growth vs Current Earnings.

Greg and I discussed the obstacles to ownership culture (many of which are self-imposed), faulty management processes, incentives and compensation, and the problem with always measuring against last year.