The Fabric of Creativity
At W.L. Gore, innovation is more than skin deep: The culture is as imaginative as the products.
Employee Ownership Culture Building: Process and Success Measures
This presentation outlines ways to measure success in an employee owned company, how to achieve positive results, and learn from the ‘best companies to work for.’
Who Runs an ESOP Company?
This presentation discusses the governance structure of employee-owned companies, including trustees, fiduciaries, administrators and plan participants…
Understanding Motivation: How Managers Can Contribute to the Success of the Organization
This Powerpoint presentation provides an introduction to the topic of motivation in the workplace and discusses ways in which managers can encourage better performance by contributing to employee motivation.
A Slice of the Sun: Namaste Solar Electric Takes Employee Ownership to the Limit
Each of Namaste’s 27 co-owners receives the same compensation, has equal voice in decision-making, and is afforded the same opportunities to participate in company ownership, says Namaste president Blake Jones, who reluctantly adopted his title to give customers and the media a sense of company leadership.
Creating the Ownership Edge at Your ESOP Company
Our experience and research over the 30 years that employee ownership has shown two distinctive realities: first, overall, employee ownership gives companies a performance advantage—”the ownership edge.” Second, there is no ready-to-use process to guarantee that a company will achieve the ownership edge. There are, however, six clusters of practices that appear again and again in successful ownership companies. This article describes these six components of ownership management and illustrates the myriad ways in which companies implement them.
ESOP Termination: Phase 1
This report describes the results of the first phase of a research project on the reasons companies terminate employee stock ownership plans (ESOPs). It summarizes interviews with company leaders at former ESOP companies and suggests directions for the quantitative research planned for phase 2 of this project.
The SAIC Solution: How We Built an $8 Billion Employee-Owned Technology Company
Dr. Beyster tells the story of SAIC, and offers valuable lessons to entrepreneurs and managers on how to build a company in which loyalty to values goes hand in hand with success.
None of Us Is As Smart As All of Us
If you’ve ever started or owned your own business, you know that great feeling of pride you have for your organization and its people and customers.
Effects of ESOP Adoption and Employee Ownership: Thirty Years of Research and Experience
In the mid-1970s employee ownership was a fringe phenomenon in the US. Today more than one in six US private sector employees now own shares in their company, and more than one in 12 US private sector employees now participate in an Employee Stock Ownership Plan.
Worker-Ownership as an Instrument for Solidarity and Social Change?
Is worker-ownership an instrument for solidarity and social change? Will its organizational form stimulate a social consciousness that leads members to be involved with social movements such as community development, labor activism, environmental campaigning, or human rights promotion? To answer these questions Luhman offers textual data that suggest that worker-ownership may be an effective instrument for solidarity and social change dependent upon the collective political vision of the members.
Employee Ownership Video Collection Teaching Addendum
The Employee Ownership Video Collection Teaching Addendum presented by the Foundation for Enterprise Development is divided into four sections, Teaching in Entrepreneurship Programs, the History of Broad-Based Ownership, Innovation and High-Tech, and Money and People. This video outline is designed to explore the ways to incorporate employee ownership in your class curriculum, learn about the early beginnings of employee ownership and how it has evolved especially in the high-tech fields, and to discover the culture of participation embraced by employee-owned businesses.
Lincoln Electric
Lincoln Electric (LE) has been sharing leadership and ownership with its employees for over 80 years. It has also become the global market leader in electric arc welding equipment with multiple factories overseas. This case begins by discussing how this has been done. The issue under consideration is if LE should expand into India and … Read More
ESOPs and Earnings Management: An Empirical Note
This study seeks to ascertain the impact of employee stock ownership plans (ESOPs) on earnings management.
Broad-Based Employee Stock Options Grants and IPO Firms
CFOs may wonder about the best ways to keep stock-owning employees committed to the company after an IPO. Research by corporate finance professors Peter Roosenboom and Tjalling van der Groot shows a decrease in insiders’ stock ownership from 52.1% before the IPO to 34% afterward, an indication of the powerful financial lure a post-IPO stock sale presents.
King Arthur Flour
Steve Voigt, the CEO of King Arthur Flour, must determine how the company can continue to grow, whilst preserving its unique culture. In 1996, the company was sold to employees in as ESOP transaction. The following decade saw significant growth, despite declining sales for the industry as a whole. The success could be attributed both … Read More
A Cooperative Solution
Four times a year, as many as a thousand clients of each local branch of Rabobank, a leading Dutch institution and one of the world’s 25 largest banks, assemble to discuss business.
These Workers Act like Owners (Because They Are)
Unlike so many other chief executives, Cecil Ursprung will never be accused of losing sight of his shareholders. He sees them every day—in the parking lot, in the hallways, even on the factory floor.
A Direct Stake in Economic Life: Worker-Owned Firms
That individuals work harder, better and with greater enthusiasm when they have a direct interest in the outcome is self-evident to most people. The obvious question is: Why aren’t large numbers of businesses organized on this principle? The answer is: In fact, thousands and thousands of them are.
Employee Ownership Indices and Investment Funds in the U.S. 1992–Present
Provides a detailed slide presentation related to the history and experience os employee ownership indices and mutual funds in the United States.
Honorable Mention: The Anti-FEMA
As government officials dawdled, Richard Zuschlag didn’t miss a beat. He sent his medics into flood-ravaged New Orleans, where they rescued more than 7,000 people.
Is Employee Ownership Counterproductive?
Turning workers into shareholders improves corporate performance, or so advocates of employee ownership maintain. Their logic is simple: workers with a stake in their company’s future are more likely to take a long-term view, which translates into higher productivity and other gains.
Equity: Why Employee Ownership is Good for Business
Today, more than 25 percent of American workers own stock in their employers. Now Corey Rosen, John Case, and Martin Staubus present convincing evidence that employee ownership can be much more than just a good benefit program.
The 1042 Roll-Over Cooperative in Practice: A Case Study of How Select Machine Became a Co-Op
On September 30, the seven employees of Select Machine, in Brimfield, Ohio, began to purchase their company from the two retiring owners, Doug Beavers and Bill Sagaser, using an employee-owned cooperative.
Vision, Mission, Credo
This note contains examples of mission and vision statements from a number of employee-owned companies, including Green Mountain Coffee Roasters, Whole Foods, King Arthur Flour, and more.