For Employee Share Ownership Plans (ESOPs), the Value Builder System can be used to help build an ownership culture and strengthen the ESOP’s ability to achieve its goals.
The modules are designed to assist business owners of small to medium sized enterprises in growing the value of their business. The Value Builder Score™️ helps business owners determine gaps in the driving areas that can help increase their company’s value.
As part of ESOPlus® Employee shareholders can access the following workshops to help them think and act like owners and establish ownership culture.
- Potential for Growth
- Where the business can be scaled
- Competition analysis and market share
- Customer relations
- Analysis of dependency on clients, suppliers or employees
- Valuation metrics
Learn more by watching this short video.
Check out your score! Complete the 13 minute ValueBuilder Questionnaire now
Creating an ESOP will enable your staff to think and behave like owners of your company (ownership culture). Most employees have never been business owners. To help with this transition we offer the Ownership Thinking – Money Matters workshop as part of ESOPlus® to get all your employees thinking and working like owners.
Companies practicing Ownership Thinking have a 200% improved retention rate.
There are four components of Ownership Thinking (OT):
- The Right People: OT creates an environment that promotes learning and development, while at the same time increasing visibility and accountability.
- The Right Education: Employees are taught the fundamentals of business and finance, so that they are better equipped to make decisions that are financially sound.
- The Right Measures: Rather than focussing only on lagging financial measures, an emphasis is placed on identifying the most critical leading, activity based measures (Key Performance Indicators, or KPIs), and utilizing those KPIs to forecast results on a regular, formal basis.
- The Right Incentives: The process of employee education and focussing on the right measures in an environment of high visibility and accountability will increase your organization’s profitability – guaranteed.
If you are ready to start a transformation in your business success contact us today.