Magazine article Workforce

The Tale That Money Tells

Magazine article Workforce

The Tale That Money Tells

Article excerpt

Corporate Culture

Do you know your organization's "money story"? If you do, you can make sure that everyone-from the CEO to the employee on the plant floor-is working toward a common goal and purpose. That's the thinking of Pamela York Klainer, a workplace consultant and author of How Much Is Enough? (Basic Books, 2001), a book designed to give readers a clearer look at their relationship to money and, by extension, their relationship to it in the working world.

Klainer describes the problems that arose from one money-story misunderstanding.

The founders of a software solutions company talked to employees about the importance of a humane work environment, the challenge of interesting projects, and "the ways in which they valued people as their greatest asset."

But what they didn't tell employees was that they intended to sell the company once they'd built it to a certain level. Klainer says the founders were taken aback when employees felt "bitter and betrayed" when the company was sold. …

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