Equity: Why Employee Ownership is Good for Business

(Hardback)

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How employee ownership can pay bottom-line benefits 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.

Author Bio

Corey Rosen is Cofounder and Executive Director of the National Center for Employee Ownership (NCEO). John Case, author of several books on management, has been a writer for Inc. magazine and an Executive Editor of Newsletters at Harvard Business School Publishing. Martin Staubus is Director of Employee Ownership Consulting for the Beyster Institute at the Rady School of Management, University of California San Diego.