Apologies for cross postings, however, I believe that employee-ownership is an extremely important topic. Over 11,000 employee-owned firms in the U.S. produce approximately 12% of the G.D.P. and it is growing. In preparation for the first workshop listed below, I reviewed a number of textbooks and found that in general, management texts do not cover this topic. Thus, I feel strongly that employee ownership needs to be brought to the attention of AOM members.
There are three PDW's on employee-ownership at the AOM – two all academy theme presentations and one sponsored by five divisions (MED, OB, BPS,ENT, ODC). Please find time to attend some if not all of them.
Thanks,
Frank Shipper
Program Session #: 90 | Submission: 12390 | Sponsor(s): (MED, OB, BPS, ENT, ODC)
Scheduled: Friday, Aug 9 2013 12:15PM - 2:15PM at WDW Coronado Springs Resort in Fiesta 5 Shared Entrepreneurship: An Alternative Capitalistic Model |
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Chair: Frank Shipper; Salisbury U.;
Speaker: Stephen B. Adams; Salisbury U.;
Speaker: Joseph Blasi; Rutgers U.;
Speaker: Frederick Freundlich; Mondragon U.;
Speaker: Richard C. Hoffman; Salisbury U.;
Speaker: Charles C. Manz; U. of Massachusetts, Amherst;
Speaker: Karen P. Manz; researcher and author;
Speaker: Olivier Pierre Roche; Salisbury U.;
Speaker: Christy Harris Weer; Salisbury U.;
Speaker: Mary Ann Beyster; Foundation for Enterprise Development;
Speaker: Thomas Calo; Salisbury U.;
Speaker: Bill Nobles; Former Executive with Exxon; An alternative capitalistic model, shared entrepreneurship, has emerged from a number of organizations including W. L. Gore & Associates, Herman Miller, and Southwest Airlines. These and similar companies are often included in strategic management texts. Two core principles of shared entrepreneurship -- shared capitalism and shared leadership -- are frequently not found in foundation texts of management. Such companies are significantly more successful than traditional organizations based on both financial and quality of life standards. Thus, there is a need to expose members of the academy to these principles and how they are practiced. To build on and integrate existing literature regarding shared leadership and shared capitalism, a model of shared entrepreneurship will be introduced early in the workshop and how when appropriately implemented it leads to innovative and productive behavior. The workshop will consist of two parts. First, a panel discussion led by academic experts and practicing executives of shared entrepreneurship will introduce participants to the concepts and how they are practiced. Second, small group discussions on individual companies will be conducted by either practicing managers from the company, academics who have firsthand experience in it, or both. Each part of the workshop should last approximately one hour. The desired outcome for the workshop is that participants leave inquisitive about an alternative capitalistic model that has potential to increase the amount of goods and services available to all while improving the quality of life. Search Terms: | Shared Leadership , Shared Capitalism , Employee Ownership |
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Tweet this session: #AOM2013 90 | |
Program Session #: 535 | Submission: 14277 | Sponsor(s): (HR, AAT)
Scheduled: Sunday, Aug 11 2013 1:30PM - 3:30PM at WDW Swan Resort in Swan 4 We the Owners: Using film to explore shared ownership, entrepreneurship & human-centric models |
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Facilitator: Mary Ann Beyster; Foundation for Enterprise Development;
Panelist: Joseph Blasi; Rutgers U.;
Panelist: Perry Samson; U. of Michigan;
Panelist: Frank Shipper; Salisbury U.; Successfully thriving in the global economy of the 21st century and beyond will require new business models and strategies to enable the American Dream of opportunity and economic prosperity. One model that is an alternative is the employee-ownership model, also referred to by academics as part of shared capitalism or democratic capitalism. Existing research indicates that companies with broad-based employee ownership and participation outperform their peers on many significant measures, including sales growth, turnover, and return on equity. Employee ownership is gaining new attention in academia with the emergence of many new scholars in the field to help address a large gap between what is practiced, and what is researched and taught. We the Owners, a new educational documentary film, is designed to help fill that gap and is a perfect fit for discussing this "Capitalism in Question", the 2013 Academy conference theme. We the Owners captures stories from founders and employees from New Belgium Brewing, Namasté Solar, and DPR Construction by bringing the worker's voice into the classroom and entrepreneurial centers on shared ownership structures, highly empowering corporate cultures, linked reward and risk incentives, and human-capital innovation models. Management researchers in the field will discuss the areas of research on employee ownership and employee participation that the film engages. Pre-registration is required for this workshop. To register online, please visit https://secure.aomonline.org/PDWReg. The deadline to register online is August 7, 2013. Search Terms: | entrepreneurship , We the Owners , shared ownership |
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Tweet this session: #AOM2013 535 | |
Program Session #: 594 | Submission: 18474 | Sponsor(s): (AAT)
Scheduled: Sunday, Aug 11 2013 3:45PM - 4:45PM at WDW Swan Resort in Swan 4 Making Worker Ownership Work Economy-wide | | | |
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Chair: Jean Phillips; Rutgers U.;
Discussant: Stanley M Gully; Rutgers U.;
Organizer: Joseph Blasi; Rutgers U.;
Panelist: Douglas Kruse; Rutgers U.;
Panelist: Joseph Blasi; Rutgers U.; This session outlines the elements of a realistic and doable policy initiative at the Federal and State level to make broad-based employee share ownership a central rather than a peripheral part of the economic system for running corporations in the United States. Joseph Blasi will trace the development and necessary evolution of the ³yeoman farmer idea² in American history from 1776 to present and demonstrate that many Founders of the American Republic believed that the ability of every citizen to have a sustaining level of independent property ownership was essential to maintaining a democracy and liberty. Thinkers in the 19th century saw worker ownership and profit sharing as the successor idea. Douglas Kruse will review a hundred years of management research on broad-based employee ownership and profit sharing and cooperative ownership in order to argue that on average an entire economy could function reasonably based on these ideas. Blasi will conclude with a history of government policy to support such ideas and present a policy agenda for rapid transformation of the entire economy to these ideas. Kruse will conclude by assessing the workability of such policies in light of empirical research in the social sciences. We will assess the ability of broad ownership to address some of the knotty problems of economic inequality, corporate governance gone wrong, real declining wages and wealth, along with the atrophying of the ³high performance work culture² idea in American management. |
Tweet this session: #AOM2013 594 | |
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