Best Practices: Simple Ideas for Kickstarting Employee Participation

The best ESOP companies are the ones that generate the most ideas from the most people about the most things. Leading-edge ESOP companies move beyond just soliciting input from employees about their jobs to getting them involved in periodic reassessments of where the company is at and how it can move forward, including participating in annual strategic planning. When people become CEOs of ESOP companies, whether by being promoted from within or coming from the outside, they might hear about these ideas from an advisor or a conference and feel persuaded