John Eldred, co-founder of The Wharton School Family Business Program, doesn't think you should worry about employee morale. He doesn't even like the word. "It's arrogant to think that you can influence someone else's morale," he says. That sort of mindset reflects misguided paternalism by employers, he says, and outdated dependence on the part of employees.

BusinessWeek ReportsJohn Eldred, co-founder of The Wharton School Family Business Program, doesn't think you should worry about employee morale. He doesn't even like the word. "It's arrogant to think that you can influence someone else's morale," he says. That sort of mindset reflects misguided paternalism by employers, he says, and outdated dependence on the part of employees.

BusinessWeek Reports