This article describes the initial challenges that all ESOP companies face, and offers suggestions for meeting those challenges. Next, it introduces a model for linking ownership with performance and outlines the major organizational development work that is necessary for companies to undertake to create high-performance ownership cultures.
This was originally published in "Selling to an ESOP" 6th edition by the National Center for Employee Ownership (NCEO). Copyright 2000.
Succession planning and leadership development are two sides of an integrated whole that is essential for companies that seek to fully leverage employee ownership and achieve long-term sustainability.
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