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Participation Up and Down the Organization : Where , Why, & How

Participation Up and Down the Organization : Where , Why, & How. Vermont Employee Ownership Center 2012 Conference Burlington, Vermont June 8, 2012 Alex Moss | Praxis Consulting Group Jane Moss | Hypertherm Michael Allan | Gardeners Supply. Goals.

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Participation Up and Down the Organization : Where , Why, & How

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  1. Participation Up and Down the Organization:Where, Why, & How Vermont Employee Ownership Center 2012 Conference Burlington, Vermont June 8, 2012 Alex Moss | Praxis Consulting Group Jane Moss | Hypertherm Michael Allan | Gardeners Supply

  2. Goals • What do we really mean by “employee participation”? • By whom, in what decisions, through what structure, with what support, etc. • 2 case studies – neither one is calling itself the “right answer,” but lots of good experience • Discussion • What are you already doing that we can learn from? • What are we learning about what works? VEOC Conference | Participation

  3. ESOP Governance ESOP Communications Committee: Promote Ownership Shareholders ESOP Fiduciary Committee Individual Owners ESOP Trustees select elect are represented by Board of Directors appoint and oversee CEO / President ESOP Participants hire and oversee Leadership Team when meet eligibility requirements hire and oversee Employees VEOC Conference | Participation

  4. Company Case Study Introductions • Your basic business • You yourself – your job, how long you've been there and how you got there, the different roles you've played • Your ESOP – how old, what percent, how meaningful is it to employee-owners VEOC Conference | Participation

  5. Your Experience So Far: Quick Examples • What's working best so far? Why? • Imagine that it’s 3 years from now and things are working just the way you want – what is different? VEOC Conference | Participation

  6. Participation: Shop Floor • How do employees participate in *shop floor* decision making? • Examples • Structures • Successes • Challenges • Training & support • Future evolution? • Do you have an ESOP Communications / Education Committee? • What decisions do they make? VEOC Conference | Participation

  7. Participation: Management Decisions • What decisions are typically made by management? • Is there employee participation in • Strategic planning • Major equipment purchases • Hiring/firing • Others? • What training and support is needed? VEOC Conference | Participation

  8. Participation: Board of Directors • Do employee-owners vote for the Board? • Is there an employee rep? • How are they selected • How long do they serve • What have been the benefits? • Any downsides and how did you handle? • Do employees have an opportunity to meet the Board? VEOC Conference | Participation

  9. Participation: ESOP Trustees • Who are your Trustees? • Do employees have a voice? • Have you ever had a "pass-through" vote to ESOP participants? • How did it go, what did you learn? • Do any employees serve as Trustees? • Management or non-management • Training & support • Managing perceived conflicts VEOC Conference | Participation

  10. Impact • In what ways have these different forms of participation actually helped your company succeed & sustain itself? • Cost savings? • Sales growth? • Improved profit & stock value? • Morale? • Better feeling of connectedness / reduced turnover? • Better health and safety record? • Better corporate citizenship? • Other ways in which people have benefited? VEOC Conference | Participation

  11. Speed bumps • At what points have you gotten off track? • How, what happened? • How did people respond? • Were you able to turn it around positively, how? • What did you learn? VEOC Conference | Participation

  12. Recommendations • What are your top recommendations – things you would do now, if you were starting from scratch, or things you wish you could do? VEOC Conference | Participation

  13. Questions VEOC Conference | Participation

  14. Contact Information Alex Moss Praxis Consulting Group, Inc. 215.753.0304 alex@praxiscg.com VEOC Conference | Participation

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