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Beyster Startup Toolkit: Sharing Equity Ownership 

The Beyster Institute | June, 2015

Ultimately, the success of your venture will be determined not by your efforts alone but by the performance of the cast of people — employees, partners, or associates — that you assemble. So, if there is a strategy that can help you get more out of the people on whom you depend and also boost your organizational horsepower, you owe it to yourself to take a serious look. A policy of sharing equity with employees that is designed and used wisely can be just that strategy. 

Case Studies: Business Conversions to Worker Cooperatives: Insights and Readiness Factors for Owners and Employees

Alison Lingane, Shannon Rieger | April, 2015

How does a business go about transitioning —“converting”— to a worker-owned cooperative? This report provides illustrations with case studies of businesses that have converted and highlights key lessons from those companies’ experiences. The report categorizes conversions into four types: Type I: Owner sells to existing employees with the intention of remaining with the company; Type … Read More

Improbable Schweitzer Engineering ESOP Story: Growth Company That Stayed Put

Mary Josephs | March, 2015

Peoria, Ill., without Caterpillar (CAT)? Benton Harbor, Mich., without Whirlpool (WHR)? Columbus, Ind., without Cummins Engine (CMI)? One of America’s under-­appreciated relationships is the one between smaller cities and bigger companies, an often-­happy exchange of quality-of-­life for the combination of well-paying and skilled jobs, economic growth and stability, and corporate generosity to support cultural and … Read More

Dependency, Poverty and Employee Ownership 

John Hoffmire | March, 2015

In today’s economy, some employees live paycheck to paycheck and are unable to save for a rainy day, let alone retirement. However, an increasingly utilized business model may yield part of the solution. Employee Stock Ownership Plans (ESOPs) are a promising alternative to traditional business models… 

Harrell Remodeling ESOP Company Profile 

Anthony Mathews | March, 2015

Harrell Remodeling, Inc. (HRI) is the result of a young woman’s belief in the ideas that good fortune comes from hard work; that anything is possible with enough commitment; that listening to and serving the needs of others is the only correct business model and that thoughtful, methodical planning is a good thing – not a handicap. 

J. Robert Beyster’s Spirit Lives On 

Ron Zollars | March, 2015

In 1986, Dr. Beyster created the Foundation for Enterprise Development (FED) to assist companies and individuals who were interested in furthering the concept of employee ownership, a core principle of Dr. Beyster’s entrepreneurial philosophy… 

Democratic Capitalism

Christopher Mackin | January, 2015

Course Description: The corporation is a controversial institution. It is the central institution that introduces us to the concept of capitalism. Among its virtues are the provision of jobs for employees and wealth for owners.

Teaching and Learning Guide for “Gender In/equality in Worker-owned Businesses”

Katherine Sobering | January, 2015

This teaching and learning guide accompanies the article “Gender In/equality in Worker-owned Businesses,” which reviews existing literature on gender in businesses with employee stock ownership plans, worker cooperatives, and communes. Worker ownership has attracted renewed interest as a possible solution to the social and economic problems confronting our society. In worker-owned businesses, workers have greater … Read More

Don’t Wait for a Crisis, Fix it Now 

Sid Scott | December, 2014

When things go wrong at work, as they occasionally do, a common first reaction is to look for the culprit(s). This can lead to punishment which may result in the ‘evildoer(s)’ being severely reprimanded, or even terminated. Unfortunately, not only does the problem often remain unsolved, the organization is left with another challenge of replacing a person or two. There may be a better way that doesn’t result in a lose-lose situation… 

Millionaire Grocery Clerks: The Amazing WinCo Foods Story

Mary Josephs | November, 2014

In Corvallis, Oregon, a couple miles north of the Oregon State University campus, sits a WinCo Foods discount supermarket and, unless you’re in need of groceries, you might drive by without noticing it. I assure you, however, it’s an extraordinary building, a laboratory of capitalism worthy of pilgrimages by the world’s great business schools. It … Read More

The Role of Management in an Employee-Ownership Company 

Anthony Mathews | September, 2014

What is the function of senior management in the governance of ESOP companies? Simply put, the function of management in an ESOP company is the same as in any other company – to manage very well to achieve strategic objectives and to participate in the strategic operation of the company by giving the board feedback on how the strategic plan is being successfully implemented and, more important, where it is failing. 

Shared Entrepreneurship: A Path to Engaged Employee Ownership 

Frank Shipper | August, 2014

In many ways the persistent top-down command and control theme that supports established leadership thought and practice prevents organizations from fully tapping into their human resources, in turn limiting their flexibility to meet the challenges of increasingly dynamic, complex, and competitive environments. Shared Entrepreneurship replaces the top-down approaches of the past with a new framework that draws strengths and innovation from collaboration and sharing.  

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