EO in 25 objects No.13 : John Lewis Partnership

 

John Lewis Partnership is the largest employee-owned company in the UK employing some 92,100 people.  They are 100% employee owned, with employees known as Partners working in John Lewis department stores, Waitrose supermarkets, an online and catalogue business, johnlewis.com, and a direct services company, Greenbee.com. John Lewis Partnership shares are held in Trust. The beneficiaries of that Trust are the Partners. They share the profit and have oversight of management performance and decisions through a sophisticated system for accountability and checks and balances.