This article written by Ginny Vanderslice was published in the ESOP Association’s ESOP Report, August 2021.Many of us are breathing a sigh of relief for, we hope, successfully navigating the pandemic and in many cases coming out of it stronger than before.
First, Pfeffer makes some important points in this about which we would agree. He makes a case, early in the book, that if all you are doing is teaching people "leadership" concepts such as "tell the truth," "be authentic," etc. and even skills then the leadership training won't be successful.
Virtual Panel on Shared Ownership moderated by Ginny Vanderslice at Rutgers University
On January 9, 2021 Ginny Vanderslice moderated a virtual panel at the 2021 Mid-Year Fellows Workshop in Honor of Louis O. Kelso at the Rutgers University School of Management and Labor Relations Institute for the Study of Employee Ownership and Profit.
The current health and economic crises pose challenges no company has faced before. Unimaginable stresses to an organization's infrastructure, finances, cash flow, and employee owners all can tax leaders at the moment their organizations need them most.
Building Long-Term Value: Developing a High-Performance Ownership Culture
An ESOP can be an effective tax-advantaged means of creating shareholder liquidity. At the same time, the ESOP provides an additional benefit for employees. But the ongoing payoff of the ESOP is based on its ability to align stakeholder interests.