Author: Johnson, Jennifer
Source: The Aspen Institute Center for Business Education
Year: 2011
Abstract:
Issues of organizational culture, employee involvement, and productivity are all matters of importance to companies interested in building their business. How to establish a positive employee culture and use it to promote the good of the company are key questions for business leaders. Supporters of employee-owned businesses argue that instilling an ownership culture creates the type of human resource environment necessary for corporate success. This Reading Collection includes material related to the organizational cultures of companies using employee and stock ownership, profit sharing, and other incentive-based compensation models.
Using examples from a variety of industries, the Collection highlights the impact of employee involvement on the conditions in those companies. It also provides examples of companies which have established an ownership culture in the face of significant challenges, such as a distributed workforce, growth and other pressures, either internal and external.
The Collection includes material from a number of industries, including manufacturing, engineering, insurance, education, and technology. This material allows the discussion of corporate governance methods, employee involvement and responsibility, and the role of an ownership stake even in jobs not typically associated with employee investment.
Author(s): Stack, Jack; Burlingham, Bo
Product Type: Books / Book Chapters
The strategy outlined by the authors hinges largely on opening up the books to all employees and keeping the staff posted on financial matters.
Author(s): The National Center for Employee Ownership
Product Type: Mini-Cases
Black & Veatch is one of the largest employee-owned companies in the country, with more than 7,000 professionals and 90 worldwide locations.
Author(s): The National Center for Employee Ownership
Product Type: Mini-Cases
Employees of this award-winning ESOP company now
speak at conferences about their extensive communications
program, but just four years ago remote employees felt
disconnected and the company had an ownership culture
that could be described as “lip service only.”
Author(s): Beyster, J. Robert
Product Type: Magazine / Newspaper Articles
SAIC has an interesting recruiting and retention challenge: to recruit, retain, and reward entrepreneurial people, who are also team players, in order to grow the company.
Author(s): Betit, Cecile G.
Product Type: Journal Articles
Distinguishing the Carris Companies’ transition to 100% employee ownership was its more unusual movement towards 100% employee governance. This paper examines the Carris Companies’ practice of governance and the process used to prepare stakeholder citizens for their changing roles and relationships.
Author(s): The National Center for Employee Ownership
Product Type: Mini-Cases
The Cedarwood School is currently working to educate employees, build an ownership culture, and eventually phase out the founder.
Author(s): Coutu, Diane L.; Law, Andy
Product Type: Cases; Interviews
Though only five years old, employee-owned St. Luke's Communications has become one of the most talked about advertising agencies in the United Kingdom, increasing its profits eightfold.
Author(s): Baron, James N.; Tayan, Brian
Product Type: Cases
Describes the economic and cultural models that have led to the success of Keller Williams Realty. Evaluates the interaction of a company's corporate strategy, culture, and organizational practices as a source of competitive advantage.
Author(s): DeLong, Thomas J.; Holian, James; Weiss, Joshua
Product Type: Cases
The success of King Arthur Flour could be attributed both to the quality of the product and to the company culture, which treated employee-owners with respect and allowed them to meaningfully contribute to the future direction of the company.
Author(s): Meyertholen, Emily
Product Type: Cases
Employee-owned companies are different. They’re special. That becomes very clear after meeting members of these companies at employee ownership conferences and speaking with the Beyster Institute’s consulting clients.
Author(s): The National Center for Employee Ownership
Product Type: Mini-Cases
Few companies do more to create an ownership culture, or have done it longer, than LeFiell Manufacturing, a 200-employee manufacturer of tubular components for commercial aircraft and the space industry.
Author(s): Lawrence, Anne T.; Mathews, Anthony
Product Type: Cases
The firm was meeting to grapple with a thorny issue—whether or not to expand their production capability and, if so, where. Early in its history, LightWorks had set up an employee stock ownership plan, or ESOP, under which employees gradually built up equity in the closely-held firm.
Author(s): Meyertholen, Emily
Product Type: Cases
Own your life, own your career, own your company. That's the philosophy that built this employee-owned company into a highly respected and successful consulting firm.
Author(s): The National Center for Employee Ownership
Product Type: Mini-Cases
Padilla Speer Beardsley created an ESOP in 1992 and is currently a 100% ESOP-owned S corporation.
Author(s): Mathews, Anthony
Product Type: Cases
Conventional wisdom would have you believe that you cannot effectively create an employee ownership culture in an LLC. To most people this seems like an impossible problem to overcome. Not to Brad Bradley and Lew Semones of Senderra Funding LLC.
Author(s): The National Center for Employee Ownership
Product Type: Mini-Cases
For many ESOP companies, the establishment of an employee
ownership plan is a natural fit with an existing culture of
high involvement.
Author(s): Mukund, A.; Neela Radhika, A.
Product Type: Cases
The case examines how Springfield Remanufacturing Corporation Holdings (SRC), a key player in the engine and parts remanufacturing market in the US, turned itself around by implementing the 'Open Book Management' (OBM) philosophy.
Author(s): The National Center for Employee Ownership
Product Type: Mini-Cases
Staples’ management believes strongly that sharing equity with employees is an integral part of the company’s compensation program because it allows them to attract, retain, and reward employees who contribute to longterm success.
Author(s): Stack, Jack
Product Type: Magazine / Newspaper Articles
The folks at our Lexington, Ky. plant are well on their way to becoming owners of their company, all part of our plan to turn the operation around and make it profitable again.
Author(s): The National Center for Employee Ownership
Product Type: Mini-Cases
Stylmarkmany—a 100% ESOP company—utilizes many innovative, high-involvement practices.
Author(s): Binns, David
Product Type: Essays and Concept Papers
In its summer, 2003 issue, Business Ethics magazine highlighted "The Legacy Problem" whereby the culture and vision of a number of socially conscious corporations was being lost when the companies were acquired by larger firms.
Author(s): Rosen, Corey
Product Type: Policy and Issue Reports
Typical employee ownership companies are privately held, modestly sized (100 to 300 employees), and not household names. They are more productive than their peers, generate greater employee and shareholder wealth, and are more likely to survive year after year. They have the ownership edge.