Owners at Work

Owners at Work

Interviews leading experts on issues pertaining to employee ownership including building an ownership culture, management practices, succession planning, economic development, and so much more.

Episodes

November 21, 2022 55 min

So, what exactly are state employee ownership centers? What do they do, and why do we need more of them?  This episode is a re-broadcast of an interview originally aired by Owners to Owners – another podcast that focuses on employee ownership. Jesse Tyler, the host of Owners to Owners, sits down with Matt Cropp of the Vermont Center for Employee Ownership, Steve Storkan of the Employee Ownership Expansion Network, and Michael Palmi...

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SUMMARY: In this episode we speak with Deanna Colombo of Butler/Till a women owned, 100% employee-owned, and Certified B Corporation marketing agency located in Rochester NY. We talk about all things culture and communication, and how both can be maintained through periods of rapid change and growth. In the past two years, Butler/Till has nearly doubled its workforce, opened up a new headquarters, and implemented a hybrid work opti...

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SUMMARY: In this episode we speak with Corey Rosen, founder of the National Center for Employee Ownership about a his new book he co-authored with business reporter John Case. The interview is wide ranging and touches upon what is driving economic inequality today, how employee ownership is a practical and transformative solution, the role of private equity in employee ownership, the importance of governance rights vs. increased ec...

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It is common understanding that only C-corporations and S-corporations can sponsor Employee Stock Ownership Plans (ESOPs). But is this indeed the case? In this episode we speak with Mike Sorice about how LLCs can indeed sponsor an ESOP and the reasons why some have chosen this option. We talk about the differences between LLCs and other types of corporations, how LLCs can be structured to sponsor an ESOP, as well as the risks assoc...

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SUMMARY: In this episode we speak with Pete Shuler of Blue Ridge ESOP Associates and go into the mechanics of ESOP administration and talk about Third Party Administrators (TPAs) – what they are and do, why they do it, and how you as a plan administrator in your company can take steps to ensure your relationship with your TPA is strong, efficient, and useful.  

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SUMMARY: A growing body of research shows that employee-owned companies outperform traditional companies on a range of measures, especially during economic downturns – but is has this pattern continued through covid-19? On this episode we speak with Nancy Wiefek and Nathan Nicholson of the NCEO about two recent research projects that seek to answer this very question. Spoiler alert, employee-owned companies continued to outperform ...

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In this episode we speak with Jonathan Welle of Cleveland Owns and Ellen Vera of Co-op Cincy – two Ohio-based nonprofits that are working around cooperative development and community wealth building. We dig into how both Jonathan and Ellen began working on cooperative development, mission of vision of their organizations, and talk about programs and initiatives they are currently working on to build community and worker owned enter...

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February 18, 2022 31 min

Owners at Work is back for season 3! In our first episode of this season we speak with Steve Storkan, Executive Director of the Employee Ownership Expansion Network (EOX) -  a national nonprofit focused on establishing and supporting a network of independent nonprofit State Centers for Employee Ownership. We talk about the steady growth in number of state centers since EOX’s founding, the importance of being open to all forms of em...

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SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going

2022 Annual Conference - https://www.oeockent.org/resources-events/annual-ohio-employee-ownership-conference

SUMMARY: In the US there are over 14 million employee-owners working at 7,000 companies. Yet, the sector still has enormo...

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SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going

SUMMARY: In this episode we take stock of employee ownership developments in Ohio and discuss how covid has  impacted businesses and employee-owned companies from a macroeconomic perspective. First, Mike Palmieri trades in his co-...

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SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going

OEOC UPCOMING PROGRAMS

  • Southwest Forum
  • Communication Roundtables
  • SUMMARY: In this episode we speak with Eamon Muholland, Senior Consultant at Wise Consulting and current head of the company's communication committee. We discu...

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    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going

    SUMMARY: Sometimes companies transition to employee ownership to help spark a transformation in workplace culture, in other cases a move to employee ownership is the continuation or next logical step in a vibrant company culture t...

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    Repurchase obligations are a major component of ESOP administration and the main way in which employee-owners benefit from owning a financial stake in the companies they worked for. Yet, these obligations are often seen as a burden, and in some cases, can lead to the freezing or termination of the ESOP plan. In this episode we speak with Josh Young of UBS about how ESOP companies can rethink their approach to repurchase obligations...

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    In the world of employee ownership, agreement has begun to crystalize around the idea that broad-based models of employee ownership, like ESOPs, worker cooperatives, or employee-owned trusts are powerful tools in the fight to reduce the enormous racial wealth gap in the United States. But exactly how would this happen? And what are the barriers that need to be overcome to truly expand employee ownership amongst business owners of c...

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    In this episode we speak with President Pete Douglas and Executive VP Finance and Administration, David Brockbader of the The Douglas Company about their recent transition to employee ownership via an ESOP. The interview also includes Franco Silva, Director, Prairie Capital Advisors who was one of the main advisors for the transaction. In this episode we dig into the importance of preparing for a transition, lessons learned, and th...

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    Diversity, Equity and Inclusion (DEI) is something we hear a lot about, but what exactly do these terms mean, and what do they look like in an employee owned company? In this episode we sit down with Dr. Joy and Ty Miller of Carver & Associates to talk about some of the preconceived notions that surround DEI, ways in which these values can be put into practice, and what first steps individuals in both managerial and non-manager...

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    March 30, 2021 54 min

    Small businesses account for nearly half of all jobs in the US economy, and nearly half of all small businesses are owned by Baby Boomers who will retire in the next few decades in what has been termed the "silver tsunami". These businesses are integral to local communities, and there continued operation is key to building back our economy. In this episode we talk to Brett Jones of Evergreen Cooperatives and Ellen Vera of C...

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    March 8, 2021 39 min

    Research consistently shows that employee owned companies whether economic downturns better than their conventional counterparts, but we rarely get an 'inside view' of this outcome is achieved. In this episode, we sit down with Bernie Murphy, President of the Ohio based ESOP company Jones Hamilton, as well as the company's valuation advisor Michael McGinsley of Prairie Capital. We talk about their journey through the co...

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    Research consistently shows that employee owned companies whether economic downturns better than their conventional counterparts, but we rarely get an 'inside view' of this outcome is achieved. In this episode, we sit down with Bernie Murphy, President of the Ohio based ESOP company Jones Hamilton, as well as the company's valuation advisor Michael McGinsley of Prairie Capital Advisors. We talk about their journey throu...

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    February 8, 2021 53 min

    On this inaugural 2021 episode of the pod, we talk with Anthony Mathews from the California Center, and former Executive Director Of the Beyster Institute. Anthony  has spent decades in the world of employee ownership and has a thing or two to say about it. We get into his path into the field, his belief that employee ownership can be a cure for what ails society, and the economy, and much more. It is a wide-ranging discussion, and...

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