Leveling Up in the New Year: Three Resolutions to Guide Majority Owners and Their Companies to Excellence in 2026
Doing the same thing generally produces the same result, and as the new year arrives, many business owners are considering new steps to help their companies achieve greater success in the year ahead. Leveling up requires change, and this post reviews three resolutions majority owners can implement to obtain better outcomes during 2026 for their companies and also for themselves. Specifically, these resolutions should incentivize employee productivity, improve the company’s governance structure and help the majority owner become a more effective leader. Resolution 1: Provide Employees With Phantom Equity or Stock Appreciation Rights Providing employees with performance incentives is a common way for companies to boost productivity. Bonus structures are typically geared toward individual performance and may not correlate directly correlate with improved results for the company as a whole. However, other incentive tools are available that more closely align employee rewards with the compa...