Listen "Alternative Exit #18 | Employee Ownership as a Legal and Financial Transaction"
Episode Synopsis
Episode Summary:In this episode of The Alternative Exit Podcast, Andy Farquharson interviews Chris Mackin, a luminary in employee ownership who has spent four and a half decades in this field. He is the founder and president of Ownership Associates, a consulting firm based in Cambridge, Massachusetts.Today, he talks about the history of employee ownership in the U.S., the introduction of employee relationships, and the idea of employee ownership in the legal and financial aspects. Listen and enjoy the show!Key Takeaways:The history of employee ownership in the United StatesIntroduction of employee relationshipThe misconceptions about employee ownership: It is not socialismThe vision of an industrial republicImportance of changing organizational culture and employee engagement as part of the transitionCreating democratic capitalismESOP vs EOTThe biggest challenge to implementing employee-owned structures in companiesHaving future committees in ESOP companiesThe Employee Equity Investment ActAbout Chris MackinChris Mackin is the founder and president of Ownership Associates, a consulting firm based in Cambridge, Massachusetts. He is also a fellow at the Rutgers University School of Management and Labor Relations, where he teaches a course on democratic capitalism and contributes to the Institute for the Study of Employee Ownership and Profit Sharing. He plays an active role in shaping policies that govern employee ownership and participates in employee ownership symposiums around the world.Connect with Chris Mackin-Website: https://ownershipassociates.com/-LinkedIn: https://www.linkedin.com/in/christopher-mackin-3238723/Connect with Andy Farquharson:LinkedIn - https://www.linkedin.com/in/andyfarquharson/ Instagram - https://www.instagram.com/andyfarq Website - https://abettermonday.me/ Email - [email protected]
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