Podcast: Sustaining Your ESOP
Praxis consultant and Principal Linshuang Lu sits down to talk best practices for sustaining your ESOP with Capital Trustees founder Bret Keisling. Click here for the full podcast.
Read MoreInvolve Employee Owners in Strategic Planning
“Culture eats strategy for breakfast” management professor Peter Drucker once said. This popular expression highlights that your culture—what your people believe, say, and do—can make or break your strategy.
Read MoreDeveloping Leaders at All Levels: A Key for Ownership Culture
So many of the behaviors we associate with ownership -- modeling a positive attitude, collaborating, generating ideas for improvement, taking responsibility for the work of the team—reflect good leadership. In an employee-owned company, all levels can benefit from leadership development...
Read MoreHarnessing the Power of Ownership Passions: Creating an Ownership Vision
This article explores how companies can develop and refine an ownership vision that reflects the companies strategic business goals and addresses key aspects of making a shared ownership vision a concrete and productive company resource. Originally Published In: Journey to...
Read MoreGetting Your Company Ready for an ESOP: The Ownership Culture Perspective
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...
Read MoreTalent Management in an Ownership Culture
Talent management offers a useful strategic framework for organizations serious about developing ownership behaviors across the employee lifecycle. This article describes elements of talent management with emphasis on their connection to ownership culture. Each brief description includes “one bright idea”...
Read MoreOwnership Culture and the Italian Employee Ownership Experience
Alex Moss recently interviewed colleague Matt Hancock about Matt’s experience working in the Italian employee-ownership sector. Moss, a Principal with the Praxis Consulting Group, is a long-time member and past chair of the Ownership Culture Committee. Q: You received your...
Read MoreCommunicating to ESL Employees
The United States has been growing more diverse, including Increasing linguistic diversity. in 2010, the U.S. Census reported that 20% of the U.S. population spoke a language other then English at home. The Pew Research Center, based on projections of...
Read MoreOnboarding New Employees
Bringing on new employees is a complex process. New employees must not only learn their job responsibilities as well as company policies and procedures, but also must navigate new relationships and cultural norms. The ESOP, with its impact on the...
Read MoreBuilding High Trust Workplaces
From the author: "I often get asked at conferences “How can I get employees to trust in the ESOP more?” After seeing inspiring examples from other companies, many people leave conferences immediately focused on ESOP education. While education is essential,...
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