The experience with Praxis has been very positive. They enter a project as a partner and want the same successes that we do.
Culture
Ownership Culture
Developing an ownership culture that will optimize company performance is a long term process involving complementary changes in many areas of the company.
Praxis will work with your company to:
- Assess your current organizational culture and opportunities for improvement
- Develop a vision and specific objectives for an ownership culture that supports your company's business plan
- Design and implement a comprehensive plan for realizing these objectives, including leadership and management development to enhance skills that support your desired culture
- Establish specific targets, measurement tools, and time lines against which to evaluate your progress in each area
As a result of this planning, Praxis may further work with your company to:
- Provide ESOP communications, ESOP and financial literacy training and establish and train ESOP committees
- Design and establish employee mechanisms for effective employee involvement, including cross company teams focused on productivity improvement, , leadership capacity, short-term incentive design and strategic planning processes
- Provide ongoing consultation to management and/or employee groups to facilitate the continued development of your ownership culture over time
- Advise on the cultural implications of ESOP plan design changes
