43 results for year: 2019


Ownership Dividend – One year on: partnership focus FSB

The EOA is delighted to grow its partnership activity with the FSB, linked to the growth of employee ownership amongst SMEs in the UK. Activity at the beginning of the year has included the Guide to EO being actively distributed through the FSB Legal Hub and an article about employee ownership has been published in the FSB’s publication First Voice. This activity has generated a number of enquiries from businesses about employee ownership. Recent data shows that the shape and size of the employee owned sector is changing. Once reliant on a handful of large businesses, more recently there has been growth in employee ownership as a succession ...

Ownership Dividend – One year on: partnership focus ICAEW

Back in May our Operations Director Cathy Brown visited the ICAEW (The Institute of Chartered Accountants England and Wales). It was the 14th of May to be exact, which sticks in our minds as the day Richer Sounds announced its transition to employee ownership and a pay-out for staff – a story which was alive in the media for days with a positive commentary from journalists, business orgs and politicos on its links to a more inclusive economy. As documented in the Ownership Dividend, one of the barriers to the growth of employee ownership in the UK is awareness and knowledge in the in the advisor market. In particular for EO to grow at the ...

A reflection – one year on from the Ownership Dividend our partnerships are crucial to growing EO

Just over one year ago we concluded the Ownership Effect Inquiry with the launch of the report The Ownership Dividend – the Economic Case for Employee Ownership. With financial support of John Lewis Partnership and the eaga Trust, leadership of Baroness Sharon Bowles and the academic rigour of Cass and Alliance Manchester Business Schools, the Ownership Dividend was launched to great acclaim. The launch and the aftermath of media coverage confirmed that the Ownership Dividend tapped into a very current and relevant set of issues facing the UK: business survival and succession  improving productivity levels in SMEs  supporting more ...

Invest now in employee and worker ownership for a more inclusive economy

Ed Mayo, Co-operatives UK and Deb Oxley, Employee Ownership Association It’s time to move on from simply talking about the benefits of a more inclusive economy – and start investing in one. The delivery of an inclusive economy requires more political will and targeted investment. When it comes to reducing wealth inequality, driving employee engagement and tackling regional resilience, employee and worker ownership offers a proven and popular opportunity to achieve this. The recent announcement of the move by Richer Sounds to become employee owned received universal political support with commentators in tabloids and broadsheets alike ...

Press release: UK GOVERNMENT URGED TO INVEST IN EMPLOYEE AND WORKER OWNERSHIP

New campaign launched today calls on the government to set a target for #1MillionOwners by 2030 LONDON, UK – July 22nd 2019 – The Employee Ownership Association (EOA) and Co-operatives UK are calling for the UK Government to invest £2million in the upcoming Spending Review and create a clear national policy objective to support a voluntary expansion of employee and worker-owned businesses. Research from the EOA and Co-operatives UK shows that growing employee and worker ownership – businesses that give employees a stake and a say – would help Government achieve its objectives for a more productive, inclusive and balanced economy, ...

CEO Blog: Telling the employee ownership story – it’s all in the numbers

One of the most important tools that supports the EOA in being the voice for employee ownership in the UK is the insight we have about the size and shape of the sector. Our purpose to influence, inspire and support UK employee ownership to become more admired, widespread and successful depends on being able to tell a compelling story using sector data, alongside the rich case studies from our membership. This is why, working with partners, we publish data that helps us to tell the story of employee ownership to influencers, business owners, the media and political audiences. On EO Day this year, therefore, to complement the celebrations of ...

EOA & Community Dental Services launch EOA40 Give a Healthy Smile

Community Dental Services and the Employee Ownership Association (EOA) officially launched the EOA40 Anniversary Appeal, which aims to Give a Healthy Smile to 4,000 children in the UK. The appeal was launched with the oral health team at the Carlton Road Academy in Boston, Lincolnshire, which is aiming to raise £40,000 to fund teeth-brushing programmes after NHS figures[1] revealed tooth decay is the single largest reason children aged between five and nine are admitted to hospital. The EOA and CDS CIC decided to partner on the appeal to bring employee owned businesses together to leave a joint legacy in the EOA40 year, which represents the ...

Thanks for spreading an enormous smile for EO Day 2019

The EOA wants to thank its members and stakeholders for helping them reach millions of people through social media and articles for EO Day 2019. Thousands of employee owners and supporters of employee ownership celebrated the annual EO Day campaign, sponsored by Gripple, on Friday 28 June. On Twitter alone there were 3.3 million impressions of #EODay and #EODay2019 reaching more than 1.25 million accounts with hundreds of pictures, links and videos about how employee ownership supports wellbeing and happiness at work. The smile spread even further with 6 MPs visiting EO businesses and sharing their experiences plus more than 30 online and ...

Thousands celebrate with a smile for EO Day while data reports reveal sector growth

Thousands of employee owners across the UK are celebrating their employee ownership status today for Employee Ownership Day (EO Day), an annual, national date in the calendar, which highlights the collective strength and achievements of the UK’s employee ownership sector. Some 370 employee-owned businesses in the UK contribute over £30bn to UK GDP every year and includes businesses such as John Lewis and Partners, Lush Cosmetics, Aardman Animations, Riverford Organics and Richer Sounds. The growth of the sector in 2018 was 18.6% - its best year yet. To mark EO Day, the Employee Ownership Association (EOA), the national membership organis...

Smiling – all year round UMi style

This EO Day we are reflecting on what is important to us as business and what makes us smile. We know that businesses are more than just brick and mortar or numbers on a spreadsheet, they’re powered by people – just like our own.  UMi is all about helping businesses go further, not only to achieve their own ambitions but because we believe business has a major role to play in making the world around us a better one. Recognising the power of individuals, and the great things that can be achieved when those individuals come together, is embedded within our rallying cry.  As a result, we’re really proud of being recognised as a business ...

The EOA member survey is now live – our survey needs you!

The EOA’s first full member survey has launched. As the membership continues to grow alongside the sector the association needs make sure it delivers its strategy of making the EOA membership a more compelling proposition as well as developing thought leadership, member voice and partnerships to generate greater awareness, demand and influence. The survey will help the EOA to plan to remain relevant and fit for purpose for the future. The survey will land in the inboxes of 1,200 individuals from the 380+ members of the EOA, is also open to all members via the membership page on the EO Hub. The survey will be delivered by EOA member Su...

EOA Blog: One year on, the momentum for EO is thriving

By Operations Director Cathy Brown It is a year since we last met at the Summer Dinner, in fact it was my first engagement for the EOA. It has been a fascinating year for me, especially realising how closely aligned the worlds of EO and my previous experience in the world of employee engagement are. Having been brought in to run the operations of EOA, and support projects being generated by new partnerships being developed by our CEO, this anniversary for me seems a great time for me to reflect on where we are now. Last year Respublica Director Philip Blond stepped in as speaker and challenged us to turn up the dial on the push for more ...

Guest Blog: UK EO Award sponsor Baxendale on retaining a family business legacy

Over many years, and often over generations, family owners nurture and grow their businesses. Family businesses often have collective stewardship, responsible risk-taking and a focus on long-term business goals as their core values. These values, combined with the family’s loyalty to their employees, commitment to a geographic location and a sense of pride in their success and independence, create the family business legacy. This is a legacy that families quite rightly strive to build upon and want to protect. When it comes to succession planning, families often hope to find a solution that keeps the family business in the family. If ...

EOA looking for new board members

The EOA is recruiting to its board as part of its succession planning. The board, which meets four times a year, supports the Chief Executive in agreeing the direction and strategy of the association, acting as a sounding board for new ideas and monitoring the progress of the strategy. Board members are also expected to take a leadership role in promoting awareness of the sector,  be passionate about employee ownership and committed to raising awareness and encouraging and affecting change within the sector.  The EOA is seeking applications from both Partner and Trustee members and are interested, but not limited to, receiving applications ...

EOA Summer Dinner: Nita Clarke heralds ‘sea change’ for UK business as an opportunity for EO sector

Members attending the Summer Dinner 2019 heard how a sea change in the way the role of business in society is seen, creates a perfect storm to grow EO. The annual dinner was sponsored by global engineering, management, and development consultancy Mott MacDonald with the drinks reception sponsored by pensions specialists MyCSP. Guest speaker Nita Clarke OBE, Director of the IPA, told the room of 150 EOA members that while the connections between engagement, EO and productivity have been talked about with authority for the past decade, the appetite in the UK for businesses to do well while doing good is at an all-time high. In her speech, Nita ...

Judges insight Professor Andrew Robinson – UK Employee Ownership Awards 2019

Professor Andrew Robinson, of Leeds Business School and White Rose Centre for Employee Ownership, said: Over the last 30 years I have been carrying out research into employee ownership and more recently charting the growth and characteristics of the employee ownership  sector. This year I am delighted to continue the involvement of the White Rose Centre for Employee Ownership in the Awards, taking on the baton from my research partner Professor Andrew Pendleton. Awareness of employee ownership seems to be at an all-time high with very positive mainstream coverage in the media and key business organisations seeking information on the sector. ...

Judges insight Nicola Ryan – UK Employee Ownership Awards 2019

Nicola Ryan, Joint Director of People Services, Rowlinson Knitwear said: I’m really delighted to be a judge for the UK Employee Ownership Awards for the second consecutive year. My professional passion is employee engagement that drives performance.  As a judge, I get a valuable insight into the many ways that EO businesses empower their people to be the change that leads to success. These powerful stories inspired Rowlinson in our journey to become employee owned in 2015. It’s my experience that the awards offer the opportunity to reflect on and showcase the collective endeavour of your business. For Rowlinson, entering the awards ...

EOA to contribute to Employee Ownership session at Co-op Congress

There’s just one month to go until Co-op Congress in Manchester, where the EOA will be leading a session on employee and worker ownership alongside Damon Horrill from Cornerstone Inns, Polly Robbins from Outlandish and Sandy Lindsay MBE from communications agency Tangerine.   With a theme of Building Co-operative Places, speakers at the event include Mayor of Greater Manchester Andy Burnham, the RSA, Co-op Group and bestselling author Oliver Bullough. There are workshops around leadership, brand identity and the innovative use of technology.   You can find out who else is speaking at Congress and book a place via https://www....

Our survey needs you!

The EOA is launching the first ever full member survey to help it understand how members value our proposition. The survey which will launch the week of EO Day will gather data to help us understand what our members value and how we continue to support our four membership groups in the most effective way. The creation of the survey has been supported by the EOA Membership Council, which represents the needs and views of the membership. The plans resulting from the results of the survey will be shared by EOA Chief Executive Deb Oxley at the EOA’s Annual Conference. Head of Membership Oliver Smith said: “By looking at what our members ...

Does Richer Sounds mark the tipping point for employee ownership?

Last week saw the announcement of Richer Sounds’ move to employee ownership. As the Employee Ownership Association (EOA) prepared itself for this welcome announcement of another business owner taking the progressive step to securing the future of their business, we could not have predicted the response. For last week’s news seems to represent a tipping point in the employee ownership revolution. Founder Julian Richer’s decision to sell majority ownership of his business to his employees via an Employee Ownership Trust (EOT) has been universally welcomed and his actions applauded across the economic, social and political divides. Every ...

Sir Charlie Mayfield joins keynote line-up as EOA Conference tickets go on sale

Sir Charlie Mayfield has joined the line-up of keynote speakers at the EOA Annual Conference which will take place on November 18 and 19. Ticket sales from the event which is being sponsored this year by J Gadd Associates and Postlethwaite launch today (May 15) for the event which will be held at the Birmingham Hilton Metropole. Sir Charlie who announced he would be stepping down as Chairman of John Lewis Partnership in 2020 will give a keynote speech that outlines why from social mobility, fair work and fair pay, to tackling regional disparities and delivering growth across the whole of the UK, the Employee Owned sector is a force for good. ...

EOA welcomes Richer Sounds’ move to majority employee ownership

The EOA is delighted its member Richer Sounds has transitioned to employee ownership via and employee owned Trust: Deb Oxley OBE, Chief Executive of the EOA, said: “We congratulate Richer Sounds on its transition to employee ownership: another great brand bringing employee ownership to the high street. "We’re delighted to see it secure its future independence with a focus on its people and an eye on the future world – a world with a more inclusive economy and where more businesses are doing well while doing good.” Below follows a press release from Richer Sounds: Julian Richer transfers 60% of his shares to employees. Julian ...

It’s time to showcase your people power in the UK EO awards

The EOA and sponsor Baxendale have launched the UK Employee Ownership Awards 2019 (UK EO Awards) The UK Employee Ownership Awards celebrate businesses that, through their business structure and culture, empower employees to drive performance and share in the reward. The Awards, managed by the Employee Ownership Association, and sponsored by leading EOA member Baxendale, help to draw out the rich stories of employee ownership success that help us to celebrate and champion the sector. Baxendale have given us their top tips for entrants: View Here Those who wish to enter can register/log into the application portal now and add to your ...

Tribute to employee ownership pioneer Philip Baxendale

The EOA was saddened to hear of the death of employee ownership pioneer Philip Baxendale in April. Philip, who was one of the first founders to work with the EOA’s own founder Robert Oakeshott to transfer his business to employee ownership, was a key contributor to the sector. In 1983, he turned down multi-million pound offers for the leading boiler company – Baxi - his grandfather founded, and which he had worked in for decades. He instead chose to sell his business to his workers at a significant discount. Convinced of the benefits of employee ownership, he then established Baxendale’s parent company, choosing to invest his own money ...

Built environment sector to gather for EO Day event

Representatives from the built environment sector are invited to an event to explore, celebrate and champion employee ownership for EO Day 2019. The event, which is being hosted by Arup and builds on the successful event in 2018, will take place in the week of EO Day on Wednesday 26 June. The event for employee owners and representatives from businesses that are interested in employee ownership will get the chance to: network with peers take part in a panel discussion on the topic of culture, involving three employee owned businesses from the built environment hear a presentation from Allford Hall Monaghan Morris on their transition ...

EOA welcomes roadshows to grow number of specialist EO advisors in Scotland

The Law Society of Scotland, The Institute of Chartered Accountants Scotland (ICAS) and Co-operative Development Scotland are joining forces to promote employee ownership amongst Scotland’s professional advisers (EO advisors). The partners are coming together to host a unique series of events on employee ownership for members of the legal, accounting and banking professions. Taking place across the length and breadth of the country in May and June, the roadshow is designed to raise awareness of the important role professional advisers play in informing clients about employee ownership as a business succession model, and to increase the number of ...

Moving the goal posts makes employee ownership a political football

In recent months both sides of the political divide have proposed employee ownership as the solution to some of the UK’s burning economic woes. Good news you might think? Frustratingly however, these references have been politicised; Labour’s policy recommendations of the ‘Inclusive Ownership Fund’ and ‘Right to Own’ proposing employee ownership as a solution to economic failures, mandated in law, and that the former include what is ostensibly an additional stealth tax on larger private and public businesses. Government’s response to Labour’s proposals has been to ask business trade bodies and organisations for their proposals. ...

Celebrated architect announced as EOA conference keynote

One of the fastest growing sub sectors of employee ownership will be represented at the Employee Ownership Association Conference. Celebrated architect Ken Shuttleworth, founder of employee owned architectural practice Make which this year celebrates 15 years, has 40 year’s experience working on some of the most ground-breaking architectural landmarks in the world. Ken will speak on why he chose Employee Ownership for Make, which is one the UK’s foremost architectural firms with offices in London, Hong Kong and Sydney, and the difference EO has made to the firm’s success at the conference on the 18 and 19 November. The built environment ...

Mariana urges a shift to an economy that makes, not takes, at the Robert Oakeshott Lecture

The 200+ attendees at the Employee Ownership Association (EOA’s) seventh Robert Oakeshott Lecture were urged by Professor Mariana Mazzucato to challenge, debate and understand value. The lecture, which is held every year in commemoration and celebration of the EOA’s founder Robert Oakeshott, this year marked 40 years of the EOA. In her lecture Mariana, a celebrated economist – named “one of the three most important thinkers on innovation” by the New Republic – and an advisor to policymakers around the world, brought together the many issues affecting the economy and the environment that are the impact of businesses extracting rather ...

RM2 converts to full employee ownership

On the occasion of its 25th birthday, RM2, the market leading employee share schemes and EOT consulting business, is converting to full employee ownership as the present owners transfer their entire shareholding to an Employee Ownership Trust. Since 1994, RM2 has helped private companies set up and run equity incentive schemes, ranging from EMI share option schemes for start-up companies to larger scale all-employee share schemes including Share Incentive Plans. Since 2015, the company has developed a market leading position in Employee Ownership Trust transactions, providing a “one stop shop” service ranging from initial feasibility to ...

Risk & Policy Analysts transition to employee ownership

Risk & Policy Analysts Limited have announced that on the 3rd April 2019 they transitioned to become an employee-owned business run through an employee ownership trust (EOT). Pete Floyd and Meg Postle founded RPA in 1990 providing independent consultancy to the private and public sector across UK and Europe. RPA has developed a strong reputation and proven expertise in the fields of environment, economics, chemicals, UK & EU policy and sustainability. RPA’s headquarters are just outside Norwich in Loddon and are supported by London and Brussels offices. The decision to transition to be an employee owned business was driven by the ...

New sponsors announced for EOA Conference 2019

The EOA is delighted to announce its 2019 conference sponsors – J Gadd Associates and Postlethwaite have come together to sponsor the event. With their experience in supporting two key aspects of employee ownership – the culture and engagement and the legal structure and governance – the two leading EOA members have come together to support the EOA Annual Conference in the EOA’s 40th year. The 14th EOA Annual Conference will see the UK employee owned sector, those exploring employee ownership and those who advise businesses meet to be involved, be informed and be inspired. The 2019 event will take place at the Hilton Birmingham ...

Smile – it’s 100 days to EO Day

The EOA is today reaching out to its members and stakeholders to prepare them to make some noise for EO Day 2019. The annual campaign celebrates with our members and stakeholders to raise awareness of the social and economic impact of employee ownership in the UK. The campaign is a key part of the EOA’s 40th anniversary year which is focussing on the impact of employee ownership on individuals and communities. This year the campaign is supported by employee owned business Gripple. The theme for EO Day 2019 is ‘what about EO makes you smile?’ which acknowledges the evidence from the Ownership Dividend that employee ownership has an ...

CEO Blog: The certainty of happiness

Considering the current economic uncertainty, I am consoling myself this month with another quote from Benjamin Franklin, “there is nothing more certain than taxes and death”. For every day that passes, the current level of uncertainty remains, with each new day bringing yet more confusion about what might be the future of the UK’s relationship with the EU. At a recent lunch with the Bank of England’s Chief Economist, Andy Haldane, it was therefore refreshing to hear business leaders confirm their response to this was to seek to control what they could and to ‘get on with the job’. Notwithstanding this pragmatic response, we know that ...

Aardman founders to share employee ownership journey at flagship conference

Aardman Co-founders Peter Lord and David Sproxton have agreed to share their journey to securing their creative legacy in the UK at the EOA Conference 2019. The duo will reflect on their employee ownership transition in 2018 and the year that has followed when they are interviewed by compere Martine Croxall at the event in Birmingham on 18 and 19 November 2019 Both the EOA and Aardman are celebrating key milestones in 2019 – Aardman which is 42 year old will celebrate the 30th anniversary of Academy Award®-winning Wallace & Gromit while the EOA celebrates 40 years of better business together. Aardman will also release its new film Shaun ...

Mariana Mazzucato to give Robert Oakeshott Lecture in EOA40 year

Professor Mariana Mazzucato PHD will give the Employee Ownership Association’s (EOA) 2019 Robert Oakeshott Lecture – a key event in the 40th year of the EOA. Mariana, a celebrated economist - named “one of the three most important thinkers on innovation” by the New Republic - advises policy makers around the world and is known for her strong challenge to rethink capitalism, through her books and articles, advisory roles and speaking engagements. The theme of the lecture, which is being held on April 4, at International Students House, One Park Crescent, Regents Park, is titled Rethinking Value and Public Purpose: a mission-oriented ...

Succeeding at succession – the employee ownership way

“Failing to plan is planning to fail”. This famous phrase, attributed to Benjamin Franklin, has significant resonance for any business owner thinking about their succession options. Far too often, an owner puts off this important decision – sometimes until it is too late. However, it’s easy to see why this is often the case. Owners of established businesses invest their lives in their business – it and they are intimately intertwined. But they are often patriarchal leaders; involved in every decision, and the person everyone turns to for the nod of agreement or the look of dissatisfaction! No wonder then that many of them find ...

Final deadline for Mutuals Support Programme applications

It’s the final week for those who are Public Service Mutuals, or aspire to be, to apply for support in the Mutuals Support 2 programme. Two EOA members Baxendale and Bates Wells Braithwaite are part of consortiums that offer professional advice and support across areas including legal, financial, business planning, marketing, HR and organisational change, bid writing and measuring social value. Members of both consortia – Go Mutuals and Mutual Ventures consortium - have been selected through a competitive procurement process, and have extensive experience of supporting new Mutuals to develop, and existing ones to thrive. The closing date ...

Member news: Tickets launched for EOA Summer Dinner 2019

Tickets for the EOA’s Summer Dinner can now be reserved.   The members-only event, which provides a unique opportunity to network with other employee owned businesses in the impressive surroundings of the Members' Dining Room at the Palace of Westminster is being held on the evening of Thursday 13th June 2019.   The dinner is the celebratory highlight of the year that hosts a speaker for the world of politics. Previous speakers include Phillip Blond ResPublica, Baroness Bowles of Berkhamsted, Mark Price, former Managing Director of Waitrose, and Minister of State for Trade and Investment in April 2016, Jesse Norman MP. Chair of ...

The EOA congratulates the Rooflight Company on its EO transition plan

The EOA is delighted to see its member the Rooflight Company is on track to transition to employee ownership in March. The move will help its founders secure the future of the business as they plan their exit. Deb Oxley OBE, CEO of the Employee Ownership Association, said: “We congratulate the Rooflight Company on its planned transition to employee ownership supported by our members Postlethwaite Solicitors and J Gadd Associates. “By widening ownership of the business to its employees the Rooflight Company is securing the future of the business, including its ethos, values and employees, while rooting itself locally for the longer term ...

Help the EOA celebrate 40 years of better business together

The EOA is 40 in 2019 and the organisation will be celebrating 40 years of better business together. The association, which was established as Job Ownership Limited (JOL) by English journalist, economist and social reformer Robert Oakeshott in 1979, is urging its 350 members as well as its stakeholders to get involved in events and campaigns throughout the year. The organisation is collecting 40 voices of employee ownership and EOA facts from across 40 years for its EOA40 web page, and is urging those who feel they can contribute to this to get in touch. There is a year worth of EOA40 activities an campaigns to get involved with. There are ...

EOA congratulates Gripple on UK best employer award

The EOA is celebrating another of its members receiving a national accolade for business excellence. Gripple which as been named as the UK's Best Employer in the British Chambers of Commerce (BCC) awards was the also winner of the UK Employee Owned Culture Award in 2018. Deb Oxley OBE, Chief Executive of the Employee Ownership Association, said: "We are noticing a trend of employee owned businesses becoming recognised for business excellence in particular linked to employee engagement and empowering employees to drive business performance. "We congratulate Gripple on its work to create excellent career options while growing its performance ...

40 years of better business – a year of opportunity

As is usual at the start of a year, I write to offer some insights into the opportunities and challenges that 2019 poses for the employee owned sector. Undoubtedly this year will be one of the UK’s most important in recent history and with the expected exit from the EU in March, possibly also one of its most transformative. To that end, I believe that this could also be one of the most important years for employee ownership, which as a social and economic enabler can offer a more sustainable and inclusive way to do business. One of the biggest opportunities for the Employee Ownership Association (EOA) is its 40th anniversary. Originally ...