Performance
Companies who are employee owned, or who have large and significant employee ownership stakes, now account for over £20 billion in total annual turnover.
The sector is growing because employee ownership is proving to be a durable, successful business model that's extremely well suited to the challenges of 21st century management.
Contrary to outdated notions about employee ownership, Employee Ownership Association Member companies and other employee owned businesses tend to:
- Have highly professional management, with strong decision making authority recognisable to any successful plc and operate on a hyper-democratic model.
- Aim to make, and do make profits, but simply distribute them differently to non-employee owned businesses.
- Are quite capable of generating growth by raising funds internally or externally.
- Operate successfully in highly competitive markets, including international markets.
- Are exceptionally well equipped to handle innovation.
- Can deliver higher productivity than comparable non-employee owned companies.