Neville Joffe | Profit Sharing, Financial Literacy for Everyone, and Why Every Business Should Be Financially Transparent

Neville Joffe is a financial literacy expert, author, and executive educator. He turned his 400 unionized employee company back to profitability through profit-sharing with his employees. This success was largely due to him teaching his employees the financial implications of their decisions. He subsequently developed a patented award-winning interactive, multi-sensory game-like tool to teach business acumen to non-financial business leaders and entrepreneurs.  Over the past 22 years, Neville has brought his work to many global companies, including IOTA, Hallmark, Bombardier, and Campbell Soup. His financial literacy training programs have transformed corporate cultures at all kinds of different levels, and he was a past case protagonist at Harvard Business School. In this episode of the Smart Business Revolution Podcast, John Corcoran is joined by Neville Joffe, a financial literacy expert, author, and executive educator, to talk about Neville's gain-sharing method for company employees and how he helps companies navigate through the process. Neville also discusses the importance of business owners being financially transparent with their employees and shares examples of companies that have implemented this successfully.