Socially Responsible Entrepreneurship as Innovative Human Resource Practice

This article examines how a single entrepreneur-owner of a heavy manufacturing firm in the United States has been influenced by the experience of the Mondragon cooperatives in Spain and the concept of servant leadership as articulated by Robert K. Greenleaf. The case that follows describes how this entrepreneur has attempted to not only sell his company to his employees at below market value but also to engage in a large scale training and development program so the employees may not only exercise ownership but also leadership and governance. His goal is to provide lifelong security and employment for the employees who made his company the success it is