ImpactAlpha Published WORC’S CEO, Ellen G. Frank-Miller, PhD On Employee Ownership and Job Quality
“The evidence shows that pairing broad-based ownership strategies with a quality jobs strategy unlocks wealth for all.”
— Ellen G. Frank-Miller, PhD, WORC
WORC’s Founder and CEO, Ellen G. Frank-Miller, PhD, was published on ImpactAlpha on July 5, 2024. In the article, “In Private Equity, Pairing Employee Ownership With Good Jobs Can Unlock Wealth For All”, Frank-Miller writes that employee ownership combined with quality jobs is best.
The playbook
Award meaningful ownership stakes to employees;
Transform operational practices to give employees more control over decisions that affect them and more autonomy to do their jobs the best way they know how;
Upskill frontline supervisors to help them manage their teams collaboratively and shed the command-and-control style that’s so counterproductive to achieving shared goals;
Activate the above-and-beyond employee behaviors that power better financial results; and
Enjoy superior returns for investors, wealth-building for employees, and all the community benefits that come from healthier businesses, workers, and families.
Read the full ImpactAlpha article here.