Essentials for Managing an Employee Owned Company
“Companies that combine ownership with a culture of participative management grow 8 percent to 11 percent faster than those without such plans in place”
–National Center for Employee Ownership study
Increasingly companies are making the strategic decision to invest in and motivate employees by providing them with equity in the business. But, to be effective requires a different way of managing people and processes. Are you maximizing the benefits of employee ownership in your company?
This course shows you how to make the most of employee ownership as a competitive advantage. Owners, executives and Managers will gain important insights in three key areas:
- Practical application of the principles of employee ownership in the day-to-day operation of the business, including managers' roles in motivation and change, financial literacy for employee- owners and building a high-performance ownership culture.
- Legal and regulatory challenges, including corporate governance arrangements, fiduciary responsibilities and the role of employee ownership in corporate transactions.
- Employee ownership in marketing and financial management including building alliances with customers and positioning the employee owned company.
Sunday, October 26
6:30-9:00 p.m. Opening Dinner And Welcome Address (Sheraton La Jolla Hotel)
During the course of the program, you will learn how to:
Monday, October 27
- Understand motivation and how to contribute to and enhance the success of an organization
- Assess the culture of your employee-owned company
- Help front line leaders to implement organizational change
- Understand the effect of employee ownership on the governance of your company
- Make sense of the independently determined value of your firm
- Analyze how profit sharing should work
- Examine ways to do open book management and share financial information with employees
- Identify ways that individuals can contribute to the short- and long-range goals of the company
Tuesday, October 28
- Position your company within the competitive marketplace
- Develop key elements of a marketing plan
- Market your employee-owned organization
- Prepare individuals in your company for strategic change
- Understand the individual needs of employees in your firm
- Sell the intangible benefits of your company to customers
- Examine alliance formation with customers
- Coach employees in how to market your firm
Wednesday, October 29 (site visit)
- Explore an exemplar of employee ownership
- Apply practical tools for implementing management techniques
- Share experiences with peers through interactive discussion
- Sid Scott, University of Wisconsin and Contributor to book ‘How to Market Your ESOP Company’
- John Hoffmire, University of Wisconsin
- Anthony Mathews, Beyster Institute Director of Employee Ownership
- Martin Staubus. Beyster Institute Director of Consulting
- Vish Krishnan, Rady School Sheryl and Harvey White Endowed Chair, Professor of Innovation, Technology & Operations