!
Be
AMAZING
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The Partnership's ultimate purpose is
the happiness of all its members,
through their worthwhile and satisfying
employment in a successful business.
Because the Partnership is owned in
trust for its members, they share the
responsibilities of ownership as well as
its rewards profit, knowledge and
power.
Employee
Ownershipas a
Model
The  John Lewis Partnership's  seven principles define how we  run our business. They are as  
relevant  today as  they were when  they were  set out by our  founder,  John Spedan Lewis,  in  
our constitution
PURPOSE
Power in the Partnership is shared
b e t w e e n t h r e e g o v e r n i n g
authorities:
t h e P a r t n e r s h i p C o u n c i l —
representing Partners as a whole
most of its members are elected by
Partners. Its main role is to hold
our management to account, to
influence policy and to make key
governance decisions. Partnership
Council has the power to discuss,
to ask questions, and to make
recommendations on any subject
and elects five directors to the
Partnership board.
the Partnership Board—the John
Lew i s Pa r t ne r sh i p boa r d i s
r e s pon s i b l e f o r t he p r ope r
management of the Partnership's
commercial activity. Members of
the Partnership Board include the
Chairman, five directors appointed
by the Chairman, five directors
elected by the Partnership Council
who provide a direct link with the
Partnership's democratic structure
and three non-executive directors.
the Chairman The Chairman has
personal responsibility for ensuring
that the Partnership retains its
d i s t i n c t i v e c h a r a c t e r a n d
democratic vitality.
POWER
The Partnership aims to make
sufficient profit from its trading
operations to sustain its commercial
vitality, to finance its continued
development and to distribute a share
of those profits each year to its
member s , and t o enab l e i t t o
undertake other activities consistent
with its ultimate purpose.
PROFIT
The Partnership aims to employ people of
ability and integrity who are committed to
working together and to supporting its
Principles. Relationships are based on
mutual respect and courtesy, with as much
equality between its members as differences
of responsibility permit. The Partnership aims
to recognize their individual contributions and
reward them fairly.
MEMBERS
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