Skills for ESOP ownership - Workplace Development, Inc.

Safety Game Gets Employees Thinking at BSC Ventures’ Annual Meeting

Cathy Ivancic2021-12-03T17:04:21+00:00December 3, 2021|Articles, Featured, Skills for ESOP ownership, Skills for ESOP Ownership|

Do employees at your company roll the dice on safety sometimes? We all probably do, often without even thinking about it. Facing that challenge, BSC Ventures, a custom envelope manufacturer, had a new request for their ESOP annual meeting: let’s play a game that teaches our employee owners how important workplace safety is for all of us, our company and for driving ESOP stock value. That’s how the Workplace Development’s Safety Game was born!

Building Your Ownership Culture When Holding Meetings is a Challenge

Jim Bado2021-05-25T13:04:09+00:00November 22, 2020|Articles, Communicating ESOP Benefits, Featured, New ESOPs, Skills for ESOP ownership|

Since March, in-person ESOP meetings have been difficult to conduct. Given the current situation, here are two strategies ESOP companies have used successfully with Workplace Development’s help to engage employees as owners. Click here to read the full article.

Feedback On Feedback

Cathy Ivancic2021-03-10T21:33:35+00:00March 10, 2020|Articles, Featured, Skills for ESOP ownership|

“My negative feedback experience happened in high school basketball,” said a leadership coaching session participant. “Our best player got injured and the coach told us that we couldn’t win without her. My friend and I proved him right by deliberately fouling out in the game’s first five minutes.” Destructive criticism like this can lead to “foul outs” in the workplace, too. Most of us have had similar experiences where the wrong words at the wrong time disempowered, deflated and defeated us. Try these more constructive ways to deliver feedback that coaches, engages and empowers employees as ESOP owners to “stay in the game and win.” Click here to read the full article.

Practical Tips to Engage Employees as Owners

Cathy Ivancic2021-03-10T21:33:44+00:00November 11, 2019|Articles, Featured, Skills for ESOP ownership|

Increase employees’ engagement as owners, drive company success and grow ESOP stock value by adopting these practical communication tips shared during Jim Bado's keynote at the 5th Annual Great Lakes ESOP Conference at Kalahari Resort in Sandusky. 1) Get to the point, stick to the point. Click here to read the full article.

ESOP Thieves, Stop the Communication Crimes

Cathy Ivancic2018-05-14T14:14:38+00:00May 14, 2018|Articles, ESOP Committee Development, New ESOPs, Skills for ESOP ownership, Skills for ESOP Ownership|

No employee-owner has ever been arrested for committing a communication crime, but maybe we ought to start issuing some citations. Because poor communication can lead to dissatisfied customers, frustrated co-workers, bad business decisions and, ultimately, a lower ESOP stock value. And that’s a crime. There is hope . . .Click here to view the full article.

Engaging Employee Owners at Delta Managed Solutions

Cathy Ivancic2018-05-14T14:11:13+00:00May 14, 2018|Articles, Communicating ESOP Benefits, Featured, New ESOPs, Skills for ESOP ownership, Skills for ESOP Ownership|

How do you speed up the transition to engaged employee owners taking on more responsibilities in a founder-managed ESOP company? This was a question that Kelly McDole, founding CEO of Delta Managed Solutions (DMS) in Sacramento, needed to answer quickly in 2015. “I didn’t have the freedom to go slowly at this because of my health,” says McDole. “I was sick, and at the time it looked like I was getting sicker. I had to face the possibility that I may not be able to come into work in six months or a year.” Click here to view the full article.