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Author: Raymond Russell Publisher: SUNY Press ISBN: 9780873959988 Category : Business & Economics Languages : en Pages : 288
Book Description
Employee ownership is the fastest growing organizational trend in American business. Instances of workers buying out closing plants, unions granting wage concessions in exchange for an employer's stock, and corporations using employee stock ownership as a defense against takeovers are occurring more frequently. But is the movement toward employee ownership a significant new trend or a repetition of past mistakes? Sharing Ownership in the Workplace traces the history of employee ownership in the United States and Western Europe to its incipiency in the nineteenth century. The findings are disturbing--labor-owned business tend to revert to conventional organizational structure. This book examines this phenomenon, an understanding of which is crucial for assessing the prospects of the emerging generation of employee-owned firms. It presents three contemporary case studies of businesses that have been employee owned for generations--scavenger firms, taxi cooperatives, and professional group practices--to determine what causes them to fail and what makes for successful labor-controlled operations. Throughout Russell integrates various ideological perspectives on worker-owned organizations, citing theorists as diverse as Karl Marx, Max Weber, Sidney and Beatrice Webb, Louis Kelso, and Peter Drucker. Special attention is paid to the processes that lead to employee ownership, cause it to spread, and either to endure or to degenerate over time.
Author: Raymond Russell Publisher: SUNY Press ISBN: 9780873959988 Category : Business & Economics Languages : en Pages : 288
Book Description
Employee ownership is the fastest growing organizational trend in American business. Instances of workers buying out closing plants, unions granting wage concessions in exchange for an employer's stock, and corporations using employee stock ownership as a defense against takeovers are occurring more frequently. But is the movement toward employee ownership a significant new trend or a repetition of past mistakes? Sharing Ownership in the Workplace traces the history of employee ownership in the United States and Western Europe to its incipiency in the nineteenth century. The findings are disturbing--labor-owned business tend to revert to conventional organizational structure. This book examines this phenomenon, an understanding of which is crucial for assessing the prospects of the emerging generation of employee-owned firms. It presents three contemporary case studies of businesses that have been employee owned for generations--scavenger firms, taxi cooperatives, and professional group practices--to determine what causes them to fail and what makes for successful labor-controlled operations. Throughout Russell integrates various ideological perspectives on worker-owned organizations, citing theorists as diverse as Karl Marx, Max Weber, Sidney and Beatrice Webb, Louis Kelso, and Peter Drucker. Special attention is paid to the processes that lead to employee ownership, cause it to spread, and either to endure or to degenerate over time.
Author: Douglas L. Kruse Publisher: University of Chicago Press ISBN: 0226056961 Category : Business & Economics Languages : en Pages : 433
Book Description
The historical relationship between capital and labor has evolved in the past few decades. One particularly noteworthy development is the rise of shared capitalism, a system in which workers have become partial owners of their firms and thus, in effect, both employees and stockholders. Profit sharing arrangements and gain-sharing bonuses, which tie compensation directly to a firm’s performance, also reflect this new attitude toward labor. Shared Capitalism at Work analyzes the effects of this trend on workers and firms. The contributors focus on four main areas: the fraction of firms that participate in shared capitalism programs in the United States and abroad, the factors that enable these firms to overcome classic free rider and risk problems, the effect of shared capitalism on firm performance, and the impact of shared capitalism on worker well-being. This volume provides essential studies for understanding the increasingly important role of shared capitalism in the modern workplace.
Author: Tony Rutigliano Publisher: Simon and Schuster ISBN: 1595620486 Category : Business & Economics Languages : en Pages : 224
Book Description
Explains how to identify and maximize sales talent, outlines the basic steps of the selling process, and includes an access code to an online assessment test.
Author: Elouadi, Sara Publisher: IGI Global ISBN: 1799885593 Category : Business & Economics Languages : en Pages : 255
Book Description
Employee share ownership is generally put forward as a method of strengthening social ties in the company and a tool for sharing the fruits of growth. The COVID-19 pandemic has inflicted permanent financial damage to businesses and, unfortunately, forced them to consider worst-case-scenarios to mop up liquidity problems. In order to reduce the social cost of the crisis to preserve jobs, companies are called upon to act in solidarity with their employees by promoting employee share ownership. Employee Share Ownership and Impacts on Organizational Value and Behavior gathers informational feedback on the practice of employee share ownership and its effects on the attitude and value of companies and its ability to alleviate the financial damage of the COVID-19 pandemic. Covering topics such as family firms, attitudinal effects, and quality of governance, this book provides an essential resource for employee ownership professionals, business managers, researchers, politicians, decision makers, cooperative businesses, business students, professors, researchers, and academicians.
Author: Joseph R. Blasi Publisher: Yale University Press ISBN: 0300195060 Category : Business & Economics Languages : en Pages : 292
Book Description
The idea of workers owning the businesses where they work is not new. In America’s early years, Washington, Adams, Jefferson, and Madison believed that the best economic plan for the Republic was for citizens to have some ownership stake in the land, which was the main form of productive capital. This book traces the development of that share idea in American history and brings its message to today's economy, where business capital has replaced land as the source of wealth creation.div /DIVdivBased on a ten-year study of profit sharing and employee ownership at small and large corporations, this important and insightful work makes the case that the Founders’ original vision of sharing ownership and profits offers a viable path toward restoring the middle class. Blasi, Freeman, and Kruse show that an ownership stake in a corporation inspires and increases worker loyalty, productivity, and innovation. Their book offers history-, economics-, and evidence-based policy ideas at their best./DIV
Author: Fidan Ana Kurtulus Publisher: W.E. Upjohn Institute ISBN: 0880995254 Category : Business & Economics Languages : en Pages : 180
Book Description
Employee ownership firms offer workers the opportunity to own a stake in the firms where they work. This affords them the ability to share in profits and have a voice in firm-related decision-making. In this comprehensive new book, Kurtulus and Kruse provide new evidence on whether employee ownership firms are better equipped to survive recessions. In particular, they focus on broad-based employee ownership, which includes ownership at all levels in the firm’s hierarchy. The authors begin by defining what is meant by “employee ownership” and then discuss the prevalence of such firms in the United States. They also examine how employee ownership affects employment stability and why employee ownership firms have survived recessions more successfully than other firms. Kurtulus and Kruse conclude by saying that the benefits they observed in employee ownership firms, particularly the greater employment stability and survival rates, can help the overall economy. Therefore, increased government support to broaden employee ownership programs is merited.
Author: Jack Stack Publisher: Crown Currency ISBN: 0385505094 Category : Business & Economics Languages : en Pages : 290
Book Description
The First Management Classic of the New Millennium! A bold experiment is taking place these days, as leading-edge companies turn upside down the management paradigm that has dominated corporate thinking for more than one hundred years. Southwest Airlines is perhaps the most visible practitioner, soaring through economic downturns while its competitors slash their budgets and order massive layoffs, but you can find other pioneers of the new approach in almost every industry and market niche. Their secret: a culture of ownership that allows them to tap into the most underutilized resource in business today–namely, the enthusiasm, intelligence, and creativity of working people everywhere. No one knows more about building a culture of ownership than CEO Jack Stack, who’s been working on one for the past twenty years with his colleagues at SRC Holdings Corporation (formerly Springfield ReManufacturing Corporation). Along the way, they’ve turned their company into what Business Week has called a “management Mecca,” attracting thousands of people representing hundreds of businesses to SRC’s home in Springfield, Missouri. There the visitors learn how to incorporate the ideals and values of SRC’s remarkable corporate culture into their own organizations–and then they go back and do it. Now, in A Stake in the Outcome, Stack offers a master class on creating a culture of ownership, presenting the hard-won lessons of his own twenty-year journey and explaining what it really takes to build for long-term success. The pioneer of “open-book management” (described in the best-selling classic The Great Game of Business), Stack and twelve other managers began their journey in 1982, when they purchased their factory from its struggling parent company. SRC grew 15 percent a year, while adding almost a thousand new jobs, and the company’s stock price rocketed from 10 cents to $81.60 per share. In the process, Stack discovered that long-term success required constant innovation–and that building a culture of ownership involved much more than paying bonuses, handing out stock options, or setting up an employee stock ownership plan. In a successful ownership culture, every employee had to take the fate of the company as personally as an individual owner would. Achieving that level of commitment was extraordinarily difficult, but Stack realized that the payoff would be enormous: a company that was consistently able to outperform the market. A Stake in the Outcome isn’t about theory–it’s about practice. Stack draws from his own successes and failures at SRC to show how any company can teach its employees to think and act like owners, including how to implement an effective equity-sharing program, how to promote continuous learning at every level of the organization, how to fire up employees’ competitive juices, how to broaden the concept of leadership and delegate responsibility for the business, and how to build a workforce that is fast on its feet and ready to take advantage of every opportunity. You’ll also learn about other companies that have succeeded in building cultures of ownership–and the lessons they can teach the rest of us. Written in Jack Stack’s straightforward, witty, no-beating-around-the-bush style, A Stake in the Outcome is like having a one-on-one session with a master entrepreneur and business innovator. It shows managers and executives of companies both large and small how to build a ferociously motivated workforce that is energized and committed to meeting and overcoming the most daunting challenges a company can face.
Author: Azza Bejaoui Publisher: Business Science Reference ISBN: 9781522583141 Category : Business & Economics Languages : en Pages : 376
Book Description
"This book explores the effect of CEO/Director behavior on firm performance across the world. It also focuses on corporate finance, strategic management, corporate governance, and behavioral finance"--
Author: Raymond Russell
Author: Raymond Russell
Author: Douglas L. Kruse
Author: Joseph R. Blasi
Author: Tony Rutigliano
Author: Elouadi, Sara
Author: Joseph R. Blasi
Author: Fidan Ana Kurtulus
Author: James C. Sesil
Author: Jack Stack
Author: Azza Bejaoui