Steve Wynn built an entire company philosophy around one belief

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Steve Wynn built an entire company philosophy around one belief: money keeps employees present, but self-esteem keeps them invested. When people take ownership of how they feel about their own work, they stop needing supervision — they start supervising themselves.

He calls it “the power that makes a guy like me sleep good at night,” because the employees end up driving the culture, not the org chart.

This is the foundation behind Wynn’s storytelling program, the reason his properties won “best place to work” awards, and the reason he never had to run a layoff.

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Steve Wynn
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