demos
Mutual Ownership - let's find the best way.
Two bald men fighting over a comb, is how Eddie Mair described the debate between the two main political parties on the topic of mutualism in the public sector.
Employee Ownership: better for business, individuals and society.
Why pursuit of shareholder value is bad for business, for individuals and for society.
Why employee owned businesses are better equipped to cope with recession
I attended a very interesting and stimulating event today which was arranged jointly by the Employee Ownership Association and John Lewis Partnership. The line up of speakers was impressive - Will Davies (Reinventing the Firm), Richard Wilkinson (Spirit Level) , Philip Blond (Respublica), Charlie Mayfield (Chairman John Lewis) Prof Joseph Lampel (CASS business school) and John Kay (Financial Times). The purpose of the event was the launch of a new report by CASS Business School which examined the growth of employee owned firms. More of that later when I get a chance to digest the report an
Reinventing the firm: who benefits from maximising shareholder value?
What is a business for? According to received wisdom within the business arena, the purpose of the enterprise is to maximise shareholder value. Working in the employee owned sector, this purpose takes on an additional dimension. The employees, either directly or indirectly, are the shareholders. This means that the company is run differently. The fact that the Board is accountable to internal shareholders means that the company is not driven by an external need for financial returns.
"this trust was set up to enable employees to share in the wealth they helped to create" Philip Baxendale
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Baxendale explores the world of employee ownership, examines current thinking, best practice, success stories and latest developments within the sector.
