Today, more than 25 percent of American workers own stock in their employers. You can shop at employee-owned supermarkets such as Publix, buy Gore-Tex fabric from employee-owned W.L. Gore & Associates, and sip coffee served by employee owners at Starbucks.
Now Corey Rosen, John Case, and Martin Staubus present convincing evidence that employee ownership can be much more than just a good benefit program. Done right, it can be the foundation for a new-and more effective-model of management. Drawing on first-hand studies of dozens of companies from large corporations to local retailers, the authors show that the "equity model" enables firms to grow faster and more profitably than conventionally run competitors. Vivid examples of both winning and failed attempts at employee ownership reveal the key concepts that make the model successful, and suggest how managers can adapt these strategies for use in their own companies.
This lively and practical guide delivers a sound business case for making employees true partners in a firm's success.
Most Helpful Customer Reviews
Examples, case studies and personal experience illustrate the power of providing equity ownership, within a culture that empowers employees to act as a team whose members share an aligned business focus! Rosen, Case, and Staubus¿ book provides a guide, a framework if you will, through which employees at all levels can design, plan and implement real life organizational change to maximizing the power of Employee Ownership. The history of employee ownership is fascinating and provides readers with a foundation that is essential to a complete understanding of the subject! This book highlights the importance of strengthening our business community with a macro-economic public policy that sustains and fosters economic growth through employee ownership, demonstrates that companies can excel with the completive edge of employee commitment and empowerment, and documents that employees can make a difference, and share in the wealth they help create. www.esopservices.com
A new book, Equity: Why Employee Ownership Is Good For Business (Harvard Business Press, 2005) shows that when employees have an ownership stake, the attitude of their company changes¿and so does its bottom line. The authors, Corey Rosen, John Case and Martin Staubus, labored long and hard on telling the captivating and motivating story of the evolution of employee ownership and how the equity model can be used to bring companies to new levels of profitability. They reveal what to do as well as how to lead and manage the process. They substantiate and document their well-balanced points and counterpoints. They have produced a spellbinding primer on how America progressed to where it is today with employee ownership, and spell out clearly, succinctly and eloquently, where to go from here.