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About Cathy Ivancic

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So far Cathy Ivancic has created 102 blog entries.

Capturing the attention of a new generation of employees at Bayer Construction

2022-07-08T15:09:52+00:00July 1, 2022|Articles, Featured|

When long-term employees know the tremendous value of the ESOP but your newer employees are unaware, the standard ESOP 101 presentation at the annual meeting is not enough. Bayer Construction Company decided to reach out to its people with a custom, interactive training that would make it easier to get people talking about the company’s unique and valuable ownership structure.

Plan Design to Build Your Ownership Culture: Entry Dates

2022-07-06T19:49:11+00:00July 1, 2022|Featured, Articles|

Plan design decisions are sometimes made with little consideration of how the choices will look to employees and affect their perceptions of the ESOP’s value. However ESOP’s rules can be modified to make your plan a more effective tool to recruit and retain employees and to foster an ownership culture. Today’s topic: plan entry rules.

Listening to suggestions: It’s harder than we think

2022-05-06T14:25:36+00:00May 5, 2022|Featured, Articles|

Receiving feedback can be a powerful tool for improving yourself, your business and ESOP stock value. But, when done incorrectly, it can be powerfully destructive. Here are some practical lessons for any employee owner from my real-world experience struggling to receive feedback on my personal project: the first employee-ownership comic book tale, Mitchell’s War.

Bringing New Employee Owners into Your Ownership Culture

2022-02-25T13:45:51+00:00February 25, 2022|Articles, Communicating ESOP Benefits, Featured, New ESOPs|

The challenge of building a successful ownership culture grows exponentially when an employee-owned company acquires another business. So how does an ESOP company address these issues when its core business strategy is acquiring other businesses? Empowered Ventures (EV) sees adding new companies and employee owners to its growing family of businesses as more of an opportunity than a challenge.

Roll out your ESOP right

2022-02-25T13:46:15+00:00February 25, 2022|Articles, Communicating ESOP Benefits, Featured, New ESOPs|

Congratulations, your company just put in an ESOP! Your executive leadership team is ecstatic. You have spent months, or maybe years, learning the technical details, thinking about the benefits and dreaming of the wealth-building possibilities for all employee owners. Now is your chance to tell your employees and your business contacts all about it. How are you going to communicate it? Your enthusiasm for the ESOP may not be as contagious as you might think. It takes work.

Be ESOP SMART in 2022

2021-12-03T17:04:45+00:00December 3, 2021|Articles, Featured|

With 2021 almost over, it’s time to plan for 2022. Make the most of employee ownership by integrating SMART goals into your 2022 ownership culture and communication planning process. SMART goals are: S = Specific, M = Measurable, A = Attainable, R = Relevant , T = Time based. You can utilize SMART to create a clear ownership communications plan, execute the plan and evaluate your effort. 

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