Summary
Questions: What are the critical success factors (CSFs) for employee ownership and why are they important? The focus of this research is to identify factors that must receive top priority during a high-stakes implementation.
Summary: This research identifies the essential CSFs of employee ownership as discovered in 100 carefully curated articles, cases, and books dedicated to the subject of employee engagement in ESOPs and other employee-owned organizations. We find that highly successful employee-owned enterprises have a culture that supports everyday employee engagement and a unique commitment to the prosperity of the organization. This results in individual motivation to maximize profitability for the benefit of one another.