This teaching case study explores employee ownership at Milestone Environmental Contracting Inc. Milestone has long seen its employees as crucial to achieving its ambitious vision of becoming the general contractor of choice for governments, consultants, and engineers in an increasingly in-demand field in Canada. Recently, grounded in a desire to ensure that growth is more … Read More
This report describes the role cooperatives can play in building healthy, equitable, and sustainable communities, and explains how to advance that work through federal, state, and local policy. The policy objectives presented are intended not to simply grow the field of cooperatives, but to enhance the work of cooperatives that address economic and racial disparities … Read More
Whereas prior studies have used across-industry data to find that employee-owned firms are more likely to survive recessions than others, what such firms do differently was unclear. A literature review failed to reveal a prior study that looked at the internal practices that may cause this to happen.
Kenya Tea Development Agency Limited (KTDAL) follows a unique model under which small tea farmers are shareholders. The KTDAL business model, which has made small farming viable, can be replicated to address some of the basic issues and challenges facing the developing world, which has millions of small farmers. However, the model has been facing tough challenges of late. Amidst this uncertainty, some farmers have called for abandoning KTDAL…
For the last several years, there has been a constant and very predictable discussion taking place regarding the sustainability of ESOP companies…
Inc. Magazine’s “coolest small company in America,” Zingerman’s Community of Businesses (ZCoB), is an exemplar positive organization known for its culture and award-winning food. This case covers the ZCoB’s decision in 2013 to migrate toward broad-based employee ownership and the iterative, inclusive process by which Zingerman’s Partners Group researched and crafted a new ownership design … Read More
In the wake of the 2010 Massey mining disaster in West Virginia, the author asks whether employee ownership could improve workplace safety, and how such cooperatives might serve as a model for an alternative form of capitalism based on the sustainable use of natural and human resources.
Aimed at emerging as well as established social entrepreneurs, for-profit leaders who want to introduce an element of social responsibility into their companies, and nonprofit organizations who want to increase their stability by generating income, The Art of Social Enterprise is the definitive guide to doing well while doing good.
Looking around at the wreckage left in the wake of the world economy’s latest crisis, veteran business journalist Marjorie Kelly noticed that some institutions were left relatively unscathed. What did they have in common? The key, Kelly realized, is seemingly obscure: ownership. Prominent among the survivors were organizations that combined the flexibility of traditional private ownership with a focus on the common good…
When companies are owned by workers and the community—instead of Wall Street financiers—everything changes.
The United Steelworkers, Mondragon International USA, and the Ohio Employee Ownership Center created this detailed model for developing sustainable jobs through a combination of worker ownership and unionization. This model, or template, for unionized cooperatives seeks to implement principles and values of the Mondragon model in combination with collective bargaining. The model is intended to … Read More
The United Steelworkers, Mondragon, and the Ohio Employee Ownership Center Announce a New Union Cooperative Model to Reinsert Worker Equity Back into the U.S. Economy. View the published model within CLEO.
Capitalism is living in interesting times. Politicians, academics and activists around the world are debating the merits of the capitalist system, and how and if it could be improved…
I think the reason we are still undecided about the sustainability of the employee-ownership model is simply that there are still significant numbers of business leaders (and, more importantly, business advisors) for whom the idea that allowing employees to earn capital as well as salary and benefits just sounds wrong.
What do veteran ESOP companies have much to teach us about what it takes to sustain employee ownership over the long term?
This special edition of The Nation brings together a wide range of articles on new ways to shape capitalism, and to work on economic recovery.
The sustainability debate continues in the employee-ownership community. The fear that employee-owned companies will not be strong enough to survive without significant outside capital, which will end their employee ownership, is still very widespread…
Mid-Missouri Energy is a farmer-owned cooperative created to take advantage of the growing interest in ethanol as an automotive fuel.
Should a fast-growing, employee-owned solar electric company accept a buyout offer from a private equity investor? Could it do so without sacrificing its distinctive, high-involvement culture? Namaste Solar, a 55-person firm based in Boulder, Colorado, designed and installed solar electric systems for residential, commercial, non-profit and government customers. In 2008, the company had been growing … Read More
Kevin Cleary, President and COO of Emeryville, California based Clif Bar & Company, explores how this privately held, employee owned company is also socially responsible. Series: ‘UC Davis Graduate School of Management’s Dean’s Distinguished Speaker Series’
Presenting a wide range of quantitative data alongside three new case studies of employee-owned firms, this pamphlet offers a new vision of economic autonomy where democratic companies drive a happier and more sustainable economy.
There are three reasons for promoting mutual building societies: they are less prone than banks to pursue risky speculative activity; a mixed system produces a more stable financial sector; and a stronger mutual sector enhances competition within the financial system.
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.
Every employee owner worries about the bottom line. But, successful employee owners look beyond the here and now.
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.