How It Works. Best Practices in Employee Ownership by John Logue, et. As growing numbers of companies have adopted various forms of employee ownership, interest in how to make employee ownership work best in terms of organizational development has grown accordingly. One of the most common expectations companies express when establishing employee ownership plans is that employee-owners will be motivated to worker harder and smarter to help improve corporate productivity. After all, the reasoning goes, employees now have an ownership stake in the company and will benefit personally through stock price appreciation when the company performs well.
Many companies do realize productivity gains after implementing employee ownership programs.
How It Works by John Logue, et. But many of the principles and practices outlined in the book provide useful guidance to any company looking to establish effective organizational structures to promote effective participatory practices. The book takes the reader through an introduction to employee ownership and provides a detailed overview of the process of organizing employee buyouts and establishing employee-owned companies. It also includes sections on collective bargaining, problems and pitfalls faced by employee-owned companies and issues to prepare for as employee ownership programs mature. From the perspective of a broader audience, however, the most provocative sections of the book are the chapters that address management, governance, employee participation, communications, training and sharing rewards.