Loren Rodgers
The NCEO Announces Its New Board Members
The next term of the NCEO's board of directors begins on April 1, 2021, and I am delighted to announce who will be joining our board of directors for this term.
Employee Ownership Blog
Loren Rodgers
The ESOP CEO Leadership Program at the University of Pennsylvania
Training opportunities for CEOs are plentiful, but only one university-based program is designed exclusively for the CEOs of ESOP companies. The ESOP CEO Leadership Program cosponsored by the Employee Ownership Foundation and the University of Pennsylvania’s School of Social Policy and Practice is scheduled to take place in person in Philadelphia:
Ivette Torres
An Inspiring Story from the Front Line
Ashleigh Walters, the president of Onex, Inc., will detail the story from her new book Leading with Grit and Grace at two upcoming NCEO events. This story recounts how she and her husband converted their family-owned manufacturing company to ESOP ownership in the middle of a global health crisis.
Corey Rosen
NewAge Industries CEO Creates EO Program at Local Community College
Ken Baker, the CEO of Southampton, PA-based NewAge Industries, has donated $3 million to Montgomery County Community College to start the Baker Center of Excellence for Employee Ownership and Business Transformation. The Center will promote and provide resources on ESOPs and other employee-employer partnerships. It is the largest gift in the college’s 56-year history.
Dallan Guzinski
Going from Good to Great Ownership Cultures
Having a great corporate culture doesn’t necessarily mean you have a great ownership culture. In fact, a company that recently took the NCEO’s Ownership Culture Survey received feedback from employees that scored above average on just about every aspect of its culture compared to other ESOP companies in our employee survey database. Despite such positive feedback in all these areas, the company’s results were below average on survey items focused on ESOP understanding and ownership identity. For many employees, the ESOP benefit seemed distant and didn’t feel meaningful when it came to their day-to-day work.
Loren Rodgers
2021 to 2022 Academic Fellowships in Employee Ownership
The Institute for the Study of Employee Ownership and Profit Sharing invites applications from doctoral students and pre/post tenure scholars for the 2021–2022 research fellowship competition.
Loren Rodgers
Finance and Valuation at the Annual Conference
I'm hearing from a lot of our member companies that as we start getting a clearer picture of the coming post-pandemic era, their planning horizons are starting to get longer again. Perhaps in March they were trying to get through the day or the coming week; by fall they were thinking a couple months ahead; and now companies are working to rethink their strategic plans and long-term goals. We've seen this pattern many times over our 40-year history, and in this year's conference we built on that long-term perspective to create sessions that fit this economic moment.
Jordan Boone
Corey Rosen
Helping Assess ESOP Feasibility for 40 Years
When I first read about ESOPs 43 years ago as a Capitol Hill staffer, I loved the concept but was discouraged by the complexity. Employee ownership was a cause I wanted to make my own, but I was intimidated by the concept and strange (to me) language. Eventually, I started to get it, but ever since have had a lot of empathy for business owners who, like me then, love the idea of employee ownership but find the process confusing.