Ownership Dividend report confirms more EO would help UK economy, and calls on government to build capacity

An independent panel of 20 leading business organisations* recommend that Employee Ownership is vital to counter a slew of economic challenges

The Ownership Effect Inquiry was led by the EOA and supported by The eaga Trust and the John Lewis Partnership with the academic support of Cass and Manchester Alliance Business Schools. The results of the inquiry have been published in the report entitled The Ownership Dividend.

We’ve read it from cover to cover, and here are the headlines:

However, the report found that although benefits are indisputable, Employee Ownership is not covered adequately in the business education sector. This goes for universities and business schools as well as the banks, accountants and lawyers often responsible for supplying advice to companies.
Often EO is stumbled upon as a last resort, when, especially around succession, it should be one of the first.

The report calls for…

What can we do?

Those of us who know first hand the benefits of employee ownership can do our bit to spread awareness. Talk about it with business owners, with your local communities, your accountants and the media. Share our video and engage with the EO community through the EOA.

This year the sector has already made a lot of noise, as we’ve seen from features in the Guardian, The Times and on the BBC. And what do these pieces focus on? Stories, because it’s stories about people that readers find the most inspirational.
Tell your EO transformation story and help make sure that the next time there’s a conversation between an advisory firm and a business seeking a succession solution, employee ownership is the first and not the last option on the table.

To talk to us about employee ownership, email mia.vigar@baxendale.co.uk and we’ll set up a call. 

 

* including the IOD, ICAEW, ACCA, ICAS, ICSA, IFB, FSB, CMI and CIPD


Mia Vigar

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