ESOPs in Indiana: State Emphasizing Employee Ownership Model
Staff members at Vasey Commercial Heating & Air Conditioning in Zionsville are company owners as part of an employee stock ownership plan.
The Fabric of Creativity
At W.L. Gore, innovation is more than skin deep: The culture is as imaginative as the products.
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.
An Overview of Existing Data on Employee Share Ownership in Australia
This paper provides an overview of existing data on employee share ownership (ESO) in Australia. It is concerned with broad-based employee share ownership plans.
Hy-Vee’s Winning Ways
Here’s why Hy-Vee is successful as a chain and as a marketer of its private brands: Location, Ownership, Organization, Brands, Promotion and Customer Focus.
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
Unions and Employee Ownership: A Road to Economic Democracy?
In the relationship between unions and employee share ownership, neither threatened the other, and their combination led to benefits for employees, particularly where unionized employees were majority owners.
Employee Share Ownership Schemes: Two Case Studies
This study seeks to open up an examination of the reasons for implementing an ESO scheme at the enterprise level in Australia, through two interview-based case studies conducted at National Australia Bank Ltd and Palm Springs Ltd.
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.
Insuring the Future: Foundation Secure, Co-Founder Focuses On Giving Back
Oswald Trippe & Co. will celebrate its 25th anniversary this year, but longevity isn’t what cofounder and chief executive officer Gary Trippe lists as his top accomplishment.
The Ultimate Employee Buy-in
Sell the company to your employees? It’s a great idea–both for you and for the business you’re leaving behind.
The Straight Scoop on ESOPs: Why Is This Employee Benefit Plan So Popular in the Engineering Industry?
Why is this employee benefit plan so popular in the engineering industry?
Alpine Lumber: A Strategic Combination of Acquisitions, Value-Added Services and…
Growth rarely comes without growing pains, especially in the Darwinian world of retail. One of the major challenges for any successful business is managing growth by planning and executing effective strategies.
Employee Share Ownership Schemes in Australia: A Survey of Key Issues and Themes
This paper surveys key issues and themes surrounding ESO schemes in Australia.
The Southwest Airlines Way: Using the Power of Relationships to Achieve High Performance
The Southwest Airlines Way examines how the company uses high-performance relationships to create enormous competitive advantage in motivation, teamwork, and coordination among employees.
The ABCs of ESOPs: Employee Stock Ownership Plans Are Making Ownership Succession a Success
An increasing number of engineering firms are adopting ESOPs because of their many benefits. “We’re seeing a resurgence in them,” says Matheson, managing director of Matheson Financial Advisors in Falls Church, Va. “There’s a growing trend.”
Transitioning Ownership in the Private Company: The ESOP Solution
Using a leveraged ESOP to buy out a departing or retiring business owner is a strategy with considerable benefits for all involved.
Ottawa Devices, Inc. (B)
The Rollins family assembly was meeting to choose between several business strategies, including an employee stock ownership plan.
Conscious Growth: Why South Mountain Co. Pursues Deliberate Rather Than Maximum Growth
Is it true that small businesses are just big businesses that haven’t succeeded yet? John Abrams’ company pursues conscious growth not maximum growth.
Ohio’s Employee-Owned Network: Helping Employee-Owned Companies to Help Themselves?
Can a support organization enhance the development and performance of an employee-owned sector in a market economy? That is the question this paper will address.
A Stake in the Outcome: Building a Culture of Ownership for the Long-Term Success of Your Business
The strategy outlined by the authors hinges largely on opening up the books to all employees and keeping the staff posted on financial matters.
Motivating Employee-Owners in ESOP Firms: Human Resource Policies and Company Performance
The growth of ESOPs over the past 25 years is part of a general growth in compensation arrangements linking worker pay to company performance, including profit sharing, gain-sharing, and broad-based stock options in addition to the various methods of employee ownership.
Research Evidence on Prevalence and Effects of Employee Ownership
The idea of employee ownership has attracted support across the political spectrum, often being seen as a form of economic democracy that complements our political democracy. Along with these positive views, however, there have been many concerns expressed about employee ownership particularly that it can expose workers to excessive risk and may in some cases increase labor management conflict and lower economic performance.