Business View Magazine - January 2024

Another challenge is members prioritizing short- term gains over long-term success. Southwest Automated Security encourages members to think further than immediate rewards, reinforcing that monetary success directly influences the ESOP’s value, Ownership status is empowering and motivates individuals to innovate which brings forth novel solutions, streamlines processes, and provides a constant flow of fresh ideas. Participants attend meetings, share ideas, influence strategic choices, and have voices in major decisions that shape the brand’s direction. The autonomy granted is a catalyst for experimentation, with members spearheading positive changes within the organization. Defining success in an ESOP goes beyond financial metrics. The company established qualitative indicators, such as employee satisfaction, retention, and innovation. Celebrating milestones and sharing success stories reinforce the ESOP’s impact. SAS’s commitment to transparency, education, and a shared vision paved the way for the successful implementation of the ESOPmodel. Its achievements 147 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 01 SOUTHWEST AUTOMATED SECURI T Y