Ownership needs a method

For a good five years I have developed, tested, improved and shared tools for ownership. The idea has been that ownership needs a method: a better way to succeed.

I feel I am at a turning point with this. Either I try to build a consortium around the subject that commits to it, or I continue my journey in the sun. Five years have been scratching the surface and verifying things in different companies. Next, it is time to shift gear.

Ownership needs a method: a better way to succeed

Ville Tolvanen has long stressed that profitable business does not happen by chance, and neither does effective ownership. One central idea recurs in his writing and talks: ownership is a skill that can and should be developed systematically. It takes a clear method, a strategy and an active will to grow value.

The new role of ownership

Traditional ownership has often been passive: administering, following, waiting. According to Tolvanen, the modern owner acts differently: they lead, develop and influence. The owner has a responsibility but also an opportunity to build meaningful, lasting and profitable business.

The method of ownership: a framework for growing value

Tolvanen has created his own method to support ownership. It consists of four key elements:

1. The master owner. Ownership is a role that requires competence, vision and continuous learning.
2. A value-adding board. Board work is not a formality but a value-creating part of leadership.
3. Good strategy. The owner must make sure the company has a clear strategy based on competitive advantage.
4. Systemic leadership. A complete view of how ownership, governance and operations form one whole.

The goal is not just efficient governance but growing value from the owner’s point of view.

Ownership that lives in its time

Tolvanen emphasises continuous renewal. He writes about leading oneself, networked entrepreneurship and systematic development, not only in business but also in ownership. In his view a successful owner knows how to:

• lead their own role
• build winning board work
• focus on the essential and give up scattered ownership
• build a strategy for themselves, not only for the company

A better way to succeed

Ville Tolvanen’s writing offers a way of thinking for those who do not want to own ”just for the sake of owning” but who want to influence, build and succeed through ownership.

Ownership is not a coincidence. It is a choice. And at its best, it is a method for succeeding.

By Ville Tolvanen. Originally published in Finnish: Omistajuuteen on oltava metodi. More in English: Aura Boards — start here.