Making the connection between employees’ daily activities, company success and ESOP stock value with America’s favorite football team, the Cleveland Browns (ok, maybe not America’s favorite, but they’re mine) might sound crazy, but that’s exactly what Brian Bornino of GBQ and I did during last [...]
Reviewing our seven-step model of ESOP company development with the managers of a relatively new 100% employee-owned business at the firm’s annual planning meeting, I asked the assembled team what developmental stage they thought they were currently in. “The honeymoon,” came the unanimous reply along [...]
Another year is winding down which means another set of New Year’s resolutions looms. In addition to hitting the gym more often, why not resolve to make the most of your ESOP in 2015? After all, you’re contributing hundreds of thousands if not millions of [...]
When you communicate about your ESOP — or just about anything else — adults immediately tune into a familiar radio station: WII-FM (What’s In It For Me?). Building practical knowledge about the TIONs and Ting of your ESOP is critical because we focus first on [...]
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 [...]
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 [...]
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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