Now, Price is to be replaced by his protégé, another partnership old hand in Rob Collins.
Would this have been achieved without the stability and long-term planning permitted by the partnership model? Probably not.
Partnerships and mutuals are no panacea: the Co-op’s implosion is fine proof of that. But Waitrose suggests it can produce better-motivated, more-productive staff.
As Price, a son of a preacher, embarks on a new career partly devoted to convincing the world of the merits of employee engagement, we’d do well to heed his sermons.
