by: Betit, Cecile G.
Source: Journal of Organizational Excellence
A rapidly expanding entrepreneurial company, the Carris firm is—by its owner's design—gradually becoming an employee-owned and-directed organization. The transformation began with a process its owner delineated in a planning document he created in 1994. Between then and now, the company has grown significantly. It has faced the challenges not only of that growth, but also of the gradual assumption of ownership and stewardship by its employees. Self-governance has required dramatic culture change for the organization, a process that is ongoing in a ten-to 15-year framework.
Link: Carris Companies’ Long and Winding Road to Employee Ownership and Values Based Governance
Publication Date: 2000-01-01