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.

This white paper outlines governance issues, options, and best practices in privately-held professional service firms.

Effective boards make a significant contribution to their company’s success. However, in many cases, employee owners do not understand why their organization has a board, what the board does, what kinds of decisions the board makes, and, ultimately, how their board adds value.

This article describes the initial challenges that all ESOP companies face, and offers suggestions for meeting those challenges.

Understanding and connecting to a company's culture can encourage an employee’s engagement and commitment to the firm.

An ESOP can be an effective tax-advantaged means of creating shareholder liquidity. At the same time, the ESOP provides an additional benefit for employees. But the ongoing payoff of the ESOP is based on its ability to align stakeholder interests.