Equity: Why Employee Ownership Is Good For Business

How employee ownership can pay bottom-line benefits

Today, more than 25 percent of American workers own stock in their employers. You can shop at employee-owned supermarkets such as Publix, buy Gore-Tex fabric from employee-owned W.L. Gore & Associates, and sip coffee served by employee owners at Starbucks.

Now Corey Rosen, John Case, and Martin Staubus present convincing evidence that employee ownership can be much more than just a good benefit program. Done right, it can be the foundation for a new-and more effective-model of management. Drawing on first-hand studies of dozens of companies from large corporations to local retailers, the authors show that the "equity model" enables firms to grow faster and more profitably than conventionally run competitors. Vivid examples of both winning and failed attempts at employee ownership reveal the key concepts that make the model successful, and suggest how managers can adapt these strategies for use in their own companies.

This lively and practical guide delivers a sound business case for making employees true partners in a firm's success.

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All Customer Reviews
Average Customer Review:
0 of 0 people found the following review helpful:

A "how to" on employee ownership, 2006-08-23
If you are looking to implement an employee ownership program, via ESOP, stock options, phantom stock, etc., this is a good guide. Along with "A stake in the game" by Jack Stack (stressing more the cultural aspect of it) and "In the company of owners" by Blasi, Kruse and Berstein (less statistics, more dated, but a very good story), it will guide you on how to go about it and all the reasons to do it. Recomended by the Beyster Institute, an authority on employee ownership.


1 of 3 people found the following review helpful:

Packed with strong examples, 2005-09-05
Thousands of companies are partly or wholly owned by their employees, but how do they compare to the usual firms, and are their organizations really more productive? An employee ownership expert, business book writer and consultant team up to answer this question, examining the different types of innovations such companies are taking. Dozens of companies are studied and provided as examples in Corey Rosen, John Case, and Martin Staubus's Equity: Why Employee Ownership Is Good For Business. Packed with strong examples.


2 of 2 people found the following review helpful:

EQUITY BOOK REVIEW, 2005-07-23
A new book, Equity: Why Employee Ownership Is Good For Business (Harvard Business Press, 2005) shows that when employees have an ownership stake, the attitude of their company changes-and so does its bottom line. The authors, Corey Rosen, John Case and Martin Staubus, labored long and hard on telling the captivating and motivating story of the evolution of employee ownership and how the equity model can be used to bring companies to new levels of profitability. They reveal what to do as well as how to lead and manage the process. They substantiate and document their well-balanced points and counterpoints. They have produced a spellbinding primer on how America progressed to where it is today with employee ownership, and spell out clearly, succinctly and eloquently, where to go from here.


1 of 2 people found the following review helpful:

A feel good book., 2005-07-21
The book is a quick read and represents a small sample of the universe of ESOP company success stories available. I look forward to the 2nd and 3rd editions!!


5 of 7 people found the following review helpful:

Stories Make It Work, 2005-05-03
Rosen, Case and Staubus have authored one of the most readable books I have encountered on employee ownership and the difference it can make for employees and companies, irrespective of industry or geography. This book is filled with very personal stories, as well as compelling dreams that have been realized through the collaboration of owners at all levels of an organization. The authors provide rich evidence in the post-Enron era that hope is very alive for business models that invite all employees into the opportunities for success. After reading the book I had a list of several businesses I wanted to visit just to see how they've done it. Definitely an inspiring book!

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