There are a lot of things that create value in an employee-owned company. Some of those things are bottom line related: sales, customer satisfaction, repurchase obligations, or external market pressures within or across industries. But, when we begin to talk about what motivates employees to think, act and feel like owners we move to the area of values. As you might expect, the two are closely related. In this episode we take on both ideas and try to show that while each is important in its own right, when connected in a thoughtful way, value and values can have positive benefits for your company's bottom line and culture of ownership. In the first segment of this episode we speak with Matthew Silla and Eric Flinkinger of Apple Growth Partners about what external factors drive the value of a company. In the second segment we speak with Matthew Hancock of Praxis Consulting Group about how values internal the company, like empathy, are foundation to building a strong culture of ownership and how, in the end, they can affect material measures of value.
Matt, MBA, is a Principal at Praxis Consulting Group, where he assists clients in developing and implementing high-engagement workforce strategies focusing on leadership development, building high performance ownership cultures, process improvement, vision, strategy and governance. Matt is also a recognized expert on the Italian cooperative movement, and author of Compete to Cooperate, a book about the cooperatives of Imola, Italy–one of the most successful, and enduring, experiences in employee ownership in history.
Eric Flickinger is a Manager of business valuations at Apple Growth Partners where he focuses on Employee Stock Ownership Plans, Business Valuation and Succession Planning. He holds a Bachelor of Science, Accounting & Finance from the The University of Akron
Matthew Silla is a Senior Manager of business valuations at Apple Growth Partners where he focuses on Business Valuation, Employee Stock Ownership Plans and Fair Value for Financing Reporting. He holds a Bachelor of Science in Business Administration and a Master of Accountancy from The Fisher College of Business at The Ohio State University.
The Owners at Work Podcast is a continuation of the biannual Owners at Work Newsletter which ran for 19 years (1990-2019). We are hoping to continue the same conversations and focus on providing updates on everything employee ownership. We plan to interview practitioners with expertise in different facets of employee ownership, academics doing new and interesting research, and most importantly, individuals who have a personal experience with employee ownership, including current and former employee-owners, mid-level to C suite management, and selling owners.
We want to produce a show that engages with relevant questions and provides practical lessons and information. We want this podcast to include the voices of those who practice employee-ownership each and every day. To that end we want to hear from you! We want to highlight what you are doing, whether you are an employee-owned company, a practitioner, or researcher.
***Please reach out via email: oeoc@kent.edu
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