16 results for year: 2020


EO Community Stories – City Health Care Partnership CIC: On the front-line in the battle against COVID-19

City Health Care Partnership CIC provides health and care services in Hull, the East Riding of Yorkshire, Knowsley, Wigan and St Helens. Community nursing and care often gets forgotten about in times of crisis, but our colleagues are right there on the front-line in the battle against Covid-19. Our district nurses are still visiting patients who can’t get out, often at great personal risk as despite our best efforts it’s not always possible to know if the patient or someone else in the household has symptoms of Coronavirus. We are working with our local hospital trust in Hull to allow them to discharge patients earlier to free up beds, by ...

Naomi Climer promotes the virtues of human centred technology at Robert Oakeshott Lecture 2020

The 160+ attendees of the 8th annual Robert Oakeshott Lecture, titled The Rise of the Robots: What Role for Employee Ownership in the 2030 Economy?”,  heard Naomi Climer, Co-Chair of the Institute for the Future of Work, promoting the potential benefits of technological developments that put people, not profits at the centre. In her lecture; Naomi, an engineer and leader who is a non-executive director on the Boards of a number of quoted companies and charities, spoke to the audience about how the 4th Industrial Revolution, dubbed “The Digital Revolution” has led to dramatic changes in the nature of work for people across the world, and how ...

EOA welcomes paper that documents how EO shapes leadership

The EOA has welcomed a new paper that investigates how being employee owned changes the shape of business leadership. The paper, published yesterday (March 1 2020) by Ownership at Work and Grant Thornton UK LLP, investigates an emerging model of leadership that puts power in the hands of employees. Authored by eminent business and management writer, Stefan Stern, the paper is based on a series of interviews with the leaders of ten employee owned businesses. Currently turning over a combined £30bn plus annually, employee owned organisations demonstrate exceptional productivity, performance and employee engagement. The paper concludes ...

CEO Blog: “Business as usual” is no longer good enough

56% respondents thought that capitalism as it exists today does more harm than good in the world, that is one of the key findings of the 2020 Edelman Trust Barometer, an annual survey of people around the globe that looks at levels of trust for government, business, NGOs and the media. I’ve written previously about the importance of establishing trust for successful businesses, and the intervening years have only further proved how vital trust is to business. In fact, I am sure most of us can name a handful of big businesses over the past few years that have displayed some serious lack of governance and transparency resulting in their collap...

EOA Conference on countdown to ticket sales in March

Tickets for the EOA Annual Conference 2020 will go on sale on March 26th. With three keynotes, including last year’s winner of the UK Employee Ownership Awards Rising Star of the Year Award - Riverford Organics, lined up for the event on Monday 16 and Tuesday 17 of November, the first 200 early bird tickets are expected to sell out quickly. Also confirmed is the return for a second year joint conference sponsors J Gadd Associates & Postlethwaite, In 2019 the event was sold out with more than 700 attendees who gathered to be involved through networking, be informed via a choice of 30+ learning opportunities and be inspired by our ...

EO business leads the way in Good Employment Charter

Employee Owned business Rowlinson Knitwear is one of the first 6 businesses to sign up to The Greater Manchester Good Employment Charter. The Mayor of Greater Manchester Andy Burnham launched the Good Employment Charter’s ‘membership tier’ last month alongside Manchester City Council Leader Sir Richard Leese and Councillor Sean Fielding, Greater Manchester Combined Authority’s (GMCA) lead for work and skills. The charter has seven ‘good employment principles’, including providing a real living wage, recruitment and progression, health and wellbeing and not using “unnecessary” forms of insecure employment, such as temporary, zero ...

Ken Lindsay – Developing impact in the role of Employee Trustee/Director

The Employee Owned sector is a great place to work for many reasons. Employee owners are empowered to have a say in and do great things that impact the business and the communities they serve – from making key changes that impact positively on their customers to supporting the communities in which they are based as the custodians of the business for future generations. As I have met more and more businesses across the sector, I have been constantly impressed by the way they value and treat their people, trusting them to try new things, new roles and new responsibilities, and then supporting them to rise up to meet the challenge. This trust ...

EOA welcomes new paper that highlights ‘missed opportunity’ to invest in EO

The Employee Ownership Association (EOA) welcomes a new paper that highlights one of the key barriers to growth of the employee ownership sector – access to finance. The report, published by employee ownership think tank Ownership at Work, entitled Capital Partners? Why it’s time for finance and employee ownership to talk, heralds a missed opportunity that has resulted in the unmet needs of more than half of the employee owned sector. Copies of the paper will be shared at an event an EOA event “Investing in Employee Ownership” on March 16, where representatives from the finance sector will come together to see if they can help identify ...

Prevista ownership passes into Employee Owned Trust

Prevista, a leading provider of government funded Apprenticeships, Traineeships, employment and youth programmes has passed into 100% employee ownership via an Employee Ownership Trust (EOT). James Clements Smith, Managing Director and the previous 100% shareholder in the Prevista group, recently completed the transaction. The Prevista group will now be 100% owned by a Trust governed by independent and staff trustees. Islington headquartered Prevista is almost a quarter of a century old and has served its communities, across London and the South East, tirelessly over this period; assisting tens of thousands of disadvantaged young people & ...

Staff at Bluefruit Software Handed Ownership of Business After Turnover Grows By 50%

75 staff at the Cornwall tech company now have a significant and meaningful stake in the business Bluefruit Software becomes employee-owned after 51% of the business is placed into an Employee Ownership Trust (EOT). The move to employee ownership will preserve Bluefruit’s values and its culture as the team continues to grow. Bluefruit Software recorded a revenue growth of 50% year-ended April 2019 and turnover has more than doubled in the last two years Staff received a tax-free bonus of up to £1200 each following the transition. Research from the Equity For All report details that EOTs are growing at a rate of 30% and employee-...

Deb Oxley: The best is yet to come – a decade for EO

This new decade could be the best yet for employee ownership.   The sector is well placed in terms of awareness of its benefits by business owners, there is rapidly growing capacity amongst professional advisors in their ability to support these owners and the wider business environment is now actively seeking forms of business that deliver wider value back to society.    Added to that, our new Prime Minister has made a commitment to ensuring that the whole of the UK can benefit from economic growth, expressing his ambition to ‘level up’ the investment and development of the regions with London and the SE.  All of this suits a ...

EOA launches EO Learn to support the sector to thrive

The EOA has launched EO Learn with a trio of learning programmes that support employee owned businesses to succeed. The courses are in answer to demand from hundreds of employee owners and businesses through the EOA’s member survey and via enquiries at the EOA’s Annual Conference. Key contributors from the employee owned sector have liaised with EOA members to build courses that hone the skills of leaders and employee representatives in employee owned businesses including: Leadership Succession in an Employee Owned Business by Telos Partners & JGadd Associates prepares a business not just for an employee ownership succession but ...

Speaker announced for ‘investing in employee ownership’ event

The EOA and Unity Trust Bank have confirmed their keynote speaker for an event that aims create understanding of the opportunities for finance in the employee ownership sector. On March 16th the EOA in association with Unity Trust Bank will be hosting its first finance symposium to discuss the opportunities for financiers to invest in the UK’s employee owned sector. Eric Leenders, Managing Director – Personal Finance, UK Finance will deliver the keynote address on the important role employee ownership can play in the UK economy as well as how investors and lenders can benefit from supporting businesses to make the transition to employee ...

Educating Leaders in Financial Services about Employee Ownership

Margaret Willis, CEO of Unity Trust Bank, explains why she is committed to working with the Employee Ownership Association to help boost the number of employee-owned businesses in the UK and how they are a force for good. The core purpose of Unity Trust Bank is to lend to organisations which make a positive social, economic and environmental impact and help to create a better society. It is now widely recognised that employee ownership helps to create dynamic and successful businesses which also deliver those vital outcomes. However, although the employee owned sector is already worth nearly £30 billion and is expanding, according to a recent ...

Naomi Climer – Automation, AI and Putting People First

A recent piece of research at the Institute for the Future of Work showed that voting patterns strongly correlate with the perceived risk of job automation in an area. You can read our report here. It’s clear to me that uncertainty about the impacts of automation is a top of mind issue for many people, especially in regions with industries where the likely impact of automation is very visible. AI, automation and new ways of doing things online have already transformed some industries - such as manufacturing where we’ve seen a reduction of workforce as lower skilled work is replaced by machines, and retail where we’ve seen a decline in high ...

Seetec to become one of the UK’s largest employee-owned public services companies

Seetec, a leading provider of skills, employment, justice and rehabilitation services, today becomes one of the largest employee-owned companies delivering public services in the UK and Ireland. The company has annual revenues of £150 million and will be the 9th largest employee-owned company in the UK by number of employees. A new employee council will be set up to manage and represent the interests of employees, which include frontline probation workers, employment coaches and trainers. Seetec’s founder and 80 per cent shareholder, Peter Cooper, has sold 51 per cent of the company into an Employee Ownership Trust for the sole benefit of ...