CEO Michael Mendes has transformed a grower-owned cooperative into a publicly traded top marketer of snack foods. Diamond’s organization, culture, product development process, advertising and promotion strategy, and specifically its marketing department have been built ‘from the ground up’ to address fundamental changes in retail structure and consumer behavior. Can the Diamond model be successfully applied to other food categories?
The authors argue that properly applied, a VBM program will put your company’s profitability firmly on track.
Young presents a model of what is required for effective employee ownership. It was derived from a long-term study of ESOP firms. A major finding was that those that were the highest on participation outperformed the ones lowest by 11-17%. She goes on to state that it’s the combining of ownership and participation that generates … Read More
What leads to successful workplace democracy — over the long-term? To answer that question, the author examined over 50 cases, in 15 different countries, covering a century of experience. The companies ranged from completely worker-owned and -controlled firms on the one hand, to partial but significant participation by employees in the management of privately-owned, community-owned, … Read More