Have we lost our sense of ownership?

https://www.imdb.com/title/tt3462002/

https://commons.wikimedia.org/wiki/File:Shannon_Whisnant.jpg

Shannon Whisnant

Shannon Whisnant

 John Wood

https://www.rollingstone.com/movies/movie-news/two-men-and-a-severed-foot-inside-the-most-bizarre-doc-of-the-year-72903/

https://nypost.com/2015/07/31/banksy-art-painted-at-detroit-auto-plant-to-be-sold-at-auction/

BANKSY: ALL I REMEMBER WAS THE TREES

JEREMY BENTHAM

[ownership] ... is not material, it's metaphysical; it's a mere concept of the mind.

http://blogs.ucl.ac.uk/transcribe-bentham/files/2013/03/JB.png

1748 - 1832

WILLIAM JAMES

A man's Self is the sum total of all that he can call his ...

https://www.biography.com/.image/t_share/MTIwNjA4NjMzODUzNzQwNTU2/william-james-9352726-1-402.jpg

1842 - 1910

JOHN LOCKE

... the fruits of one's labor are one's own because one worked for it.

https://www.biography.com/.image/t_share/MTIwNjA4NjMzODUzNzQwNTU2/william-james-9352726-1-402.jpg

1842 - 1910

THE IKEA EFFECT

a cognitive bias in which consumers place a disproportionately high value on products they partially created.

https://www.sitepoint.com/7-proven-cognitive-biases-and-how-they-impact-your-design/

THE IKEA EFFECT

https://thekidizens.com/wp-content/uploads/2016/11/kidizens-banner-5.jpg

ENDOWMENT EFFECT

http://www.humanhow.com/2017/05/Endowment-effect-mug-vs-chocolate-bar-part-2.png

Kahneman, Daniel; Knetsch, Jack L.; Thaler, Richard H. (1990). "Experimental Tests of the Endowment Effect and the Coase Theorem". Journal of Political Economy. 98 (6): 1325–1348. doi:10.1086/261737. JSTOR 2937761

DANIEL KAHNEMAN

... people make decisions based on the potential value of losses and gains rather than the final outcome.

https://www.nobelprize.org/images/kahneman-13673-portrait-medium.jpg​

OWNERSHIP VS EXPERIENCE

OWNERSHIP VS EXPERIENCE

Have we lost our sense of ownership?

1. frequently moving individuals from team to team
2. not allowing them to gain a sense of ownership within their teams
3. persuading individuals to take on leadership roles agains their will
4. not making the prospect of new opportunities more attractive
5. not instilling in our younger employees a sense of ownership 

HAVE WE FAILED BY ...

1. Roles
2. Expectations
3. Feedback
4. Measurement
5. Evaluation
6. Rewards
7. Recognition
8. Consequences

WHAT CAN WE DO?

1. Challenge
2. Connection
3. Caring
4. Collaboration
5. Opportunities
6. Autonomy/Choice
7. Meaning
8. Fun

Accountability System

Ownership Environment

Have we lost our sense of ownership?

Any Questions?