Allied Mineral – Keeping the Spirit Alive after 28 Years with an ESOP
"Good communication is our way of protecting and growing the investment in the ESOP," says Suzanne Tabor Deffet, CFO for Allied Mineral Products, Inc. based [...]
Four Steps to Building Better Business People
If dividend checks, 20% increases in stock value, and record sales numbers are exciting business victories that put more money in your wallet, how did [...]
ESOP Committee – Climbing the ESOP Mountain at D. Davis Kenny Company
By the D. Davis Kenny Company ESOP Education Committee San Antonio, TX For a new ESOP Education Committee, building understanding of and enthusiasm for employee [...]
Changing from C to S Corporation Status
This article appeared in the National Center for Employee Ownership (NCEO) Employee Ownership Report, September-October 2004 By Cathy Ivancic, Workplace Development, Inc. Moving from being [...]
Transform Your Annual Meeting into an Event
It’s time for the annual meeting. Everyone say, ho, hum. Two hours of listless presentations followed by a rubber-chicken dinner. Instead of recharging enthusiasm, informing [...]
Is Open Book Management Dangerous?
This article is adapted from an article by Jim Bado who appeared as a Guest Columnist for the NCEO newsletter, September 1999. Is it dangerous [...]
Communicating a Change in Benefits: Tune into WIII-FM
Employees have a tendency to "tune in" and listen when you make a change in benefits. And the frequency or station tuned into most often [...]
Conquer the Turbulent Waters in Building an Ownership Culture
Navigating the challenges of your business doesn’t leave a lot of time to plan how to engage employees in thinking and acting like owners. But [...]
Tell Your ESOP Story or Someone Else Will
Time magazine’s recent cover story, "The Great Retirement Ripoff," pictured a distraught man watching winged $100 bills fly into an empty, black void. If that [...]
All Aboard the “Required Annual Statement” Train
Providing statements to ESOP participants can become as routine as a scheduled train – coming and going without any thought to its significance. The truth [...]
“Certified Employee Owner” program sustains a culture of ownership
In November, the Braas Company in Eden Prairie, Minnesota, celebrated its newest employees becoming “Certified Employee Owners” (CEOs). They also cheered the veteran employees who [...]
Eliminate Confusion about Roles and Decision Making in an ESOP Company
If employees are unclear about roles in an ESOP-owned company, they are draining energy that could be focused on company success. Eliminating the misperceptions about [...]