Greg Trees
October is Employee Ownership Month, and this year we celebrated it along with Dialectic’s recent recognition as one of Kansas City Business Journal’s Best Places to Work (BPTW). There are a lot of reasons we’re a BPTW winner, but one of the biggest is something I’m passionate about: our employee ownership model.
Dallan Guzinski
Last week, I had a conversation with Aaron Moberger, an employee-owner and cellar manager at Harpoon Brewery in Boston, Massachusetts. Aaron has been speaking at NCEO events and sharing his insights and experiences with other employee-owners for several years now. In fact, one of the reasons he and Harpoon Brewery have been so generous with their time and so willing to share what they have learned with others is because many employee-owned companies in the New England area were so willing to do the same for them when they became an ESOP company in 2014. When the news broke that the company was making the transition, companies such as Web Industries, Carris Reels, Hypertherm, and King Arthur Baking Company were quick to reach out and open their doors to employee-owners at Harpoon Brewery, offering to share everything they had learned on their own ESOP journeys.
Corey Rosen
Huawei Technologies is the largest telecommunications equipment manufacturer in the world and the second-largest manufacturer of smartphones. It has close to 200,000 employees worldwide, mostly in China. It also claims to be employee-owned, which, if true, would make it the second-largest majority employee-owned company in the world, just after Publix in the US.
Corey Rosen
Updated November 2, 2020
Corey Rosen
Colorado has become the most recent state to create a state employee ownership center. Governor Jared Polis has created the Employee Ownership Office as a standalone center in the Colorado Office of Economic Development and International Trade (OEDIT). The office will have its own dedicated staff. It has $1.75 million in funding over the next two years.
Corey Rosen
In its 128-page report “Creating an Economic System That Works for All,” the American Sustainable Business Council (ASBC) urges a variety of steps to promote broad-based employee ownership.
Timothy Garbinsky
At this year's Fall ESOP Forum, we wanted to highlight the member companies that are going above and beyond the call of duty in making their ESOP, their employee-owners, and their communities thrive. For this reason, we awarded the first annual Achievement Award to NCEO member Litehouse, Inc.
Dallan Guzinski
The direct involvement of employee-owners in the process of communication and education has proven powerful for ESOP companies working to improve their ownership cultures. While this involvement looks different for many employee-owned businesses, it most commonly comes in the form of an employee-driven communications committee.
Corey Rosen
In June 2017, the NCEO created the Employee Ownership Index, an index of publicly traded companies that both had won major awards for high engagement management styles and had some form of broad-based employee ownership. The list was updated each year as some companies were added and some dropped off. Since that time, the Index outperformed the S&P 500 by about a 2 to 1 ratio. Until May of this year, the Index was housed at Motif Investments, an online platform that allowed users to develop funds that others could invest in. Motif was sold to Folio, and Folio does not allow that kind of investment. No other platform allows this, so the Index is not available as an investment.
