A collective “gasp” filled the room when the owner of a successful small business stood before employees last month to announce that -- after a difficult and anguishing process -- he had decided to sell his business. The room fell silent for a few moments [...]
"Planning, ugh, seriously, who has the time for that? After all, we were put on the ESOP Communications Committee because we're men and women of action," says many an ESOP Communications Committee member. Wanting to get something done drives Committee members to skip the essential [...]
I was a featured speaker at an ESOP company’s company-wide meeting recently. This company’s executive team wanted employees to be as excited about ESOP ownership as they are. Unfortunately, this year’s statement doesn’t show actual stock additions. For a variety of technical reasons, it will [...]
October, national employee ownership month, is a great time to recognize and celebrate your unique status as an ESOP company. It’s an opportunity to build understanding of and enthusiasm for the benefits of employee ownership at your firm. The question: are you ready to take [...]
An ESOP-owned business I work with is thinking through the qualities they should look for in a new financial manager. Our business education and coaching do a great job of helping people understand how their work is connected to performance. It becomes meaningful for performance [...]
At the invitation of the company's ESOP committee, I ran a workshop for new employees in a mature ESOP this week. More than 15 years ago when the plan was established, we provided ESOP and business education to all employees. Nearly each year since that [...]
Workplace Development has just added a blog to our website. I'm kicking it off with thoughts on employee turnover. Last month I provided coaching and ESOP roll out services for a client has a talent pool that makes annual decisions about renewing their commitment to [...]
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