Experience is a powerful teacher. You don’t get a driver’s license just by reading about how to drive a car; you must practice driving the car, too! That’s why understanding your ESOP doesn’t end with one-way communication of the plan rules. In Workplace Development’s ESOP Game, employee owners dive into a business simulation where they actually feel what it’s like to make tough business decisions because they make them. They see the impact of their decisions and what influences the stock value in their ESOP accounts over the course of several years. Software Solutions Inc. and Onex Inc. said the ESOP Game brought ESOP concepts to life for their employees.
Does everyday work really impact company stock value? Absolutely! But sometimes it is hard to see. That’s why MKSK, a planning, urban design and landscape architecture firm, sought a way to help its employee owners learn how everyday actions contribute to value during their annual meeting in 2021. MKSK became 100% employee-owned in September 2019. Workplace Development’s Power of One Dollar learning activity was the perfect fit to illustrate to new employee owners how everyday actions add up.
Is it time to start thinking about how to bring some new energy to your company for ESOP month? Are you looking for a new way to convey your critically important ownership message? In October ESOP-owned businesses across the United States celebrate Employee Ownership Month.
Let’s put the negative onslaught of 2020 in the rearview mirror and have some fun discussing what Marvel’s Avengers can teach us about employee ownership. Captain America: Resilience Captain America was frozen in a block of ice for 65 years before being revived. Talk about [...]
Attend an employee-ownership conference and you’re bound to run into the ESOP zealots who want you to take part in a game or group activity. Even in this era of required social distancing, you may get roped into an interactive Teams event or a Zoom contest. What’s up with this? Click here to read the full article.
If you’re experiencing the equivalent of organizational trauma or even just a bit of discomfort change, you may have come face to face with the fact that business resilience does not come automatically with employee ownership. “Like building a muscle, increasing resilience takes time and intentionality.” Click here to read the full article.
Public markets are taking a wild ride and employee owners are curious how the COVID-19 crisis might impact ESOP value. Of course, company leaders don't really know exactly what's on the other side of the next hill. Believe it or not, this "rollercoaster of uncertainty" creates an opportunity to focus employee owners on their business. If you are committed to building a workplace where employees can think and act like owners, you know that apathy can rule.Click here to read the full article.
Avoid a cultural swan song, grab the “ownership microphone” and sing along with these bands to develop your company’s culture, define employees’ roles as owners and drive ESOP stock value. One Direction Do you know where you’re headed in building your ownership culture? In other [...]
As leaves turn orange and another NFL season approaches, what can America’s favorite team, the Cleveland Browns (well, ok, my favorite) teach us about ESOP stock value drivers? After all, many of us love our favorite teams, and sports metaphors can be great employee-ownership training [...]