Welcome to the Alternative Exit
"Today, we’re lucky to be joined by Professor Ajay Bhalla, a renowned author, academic, business coach and expert on employee ownership, corporate governance and family successes
Ajay has contributed significant research to the field, exploring how employee ownership impacts business performance and organizational behavior.
His work has helped shape our understanding of how ownership structures can foster greater innovation, engagement, and resilience in companies. We’re excited to go into his journey, his work on employee ownership and dive into how it can transform businesses and empower employees."
Interview Questions:
You’ve been deeply involved in the study of employee ownership for many years. What initially sparked your interest in this field? (Allows Ajay to share his background and personal journey into employee ownership research.) a casual calll from a peer - John Lewis partnership. We are apartner drvven company Financing employee owned buyouts is always a tricky situation. Can you please detail some of the challenges you have identified and attempts to bridge the gap (Allows Ajay to address how employee ownership models can foster innovation and resilience.) Understanding the why. How can i make this to create value Need to get the valuation right. Make it accessible for the employees Successful is beholden on the owner making the transition Legacy > where they operate Right type of 3rd investor Emergence of patient capital Competitive or complimentary Built the employee ownership culture Name of the machinists name on Routines, practices and routines Your research highlights the advantages of employee ownership for both businesses and employees. Can you share some of the key findings from your studies that have stood out over the years? (Encourages discussion of key takeaways from his research on how employee ownership benefits businesses.) One of your studies, The Employee Ownership Advantage, outlines both benefits and consequences of employee ownership. Could you discuss the main challenges businesses face when transitioning to employee ownership models? (This question explores the complexities of transitioning to an employee-owned structure.) They are cyclical. Employees are more willing to participate to in the balancing the trajectory Flexibility. Make Architects. 70% were willing to take a sabbatical. Why not, outsourcing is taking over. Driven by costs, don’t expect the knowledge to stay with the business Popel needs to believe in it; how do you get new hires to respect it? Carrying on with the commitment - culture needs to be managed very carefully. How do you manage a downturn? As the landscape of work continues to evolve, where do you see employee ownership heading in the future? Are there any emerging trends that you’re particularly excited about? (Gives Ajay the opportunity to discuss the future of employee ownership and emerging trends.) What advice would you give to business owners considering transitioning to an employee ownership model? What are the key steps they should keep in mind? (A practical question for businesses interested in employee ownership.) These questions will guide a deep and thoughtful conversation with Ajay Bhalla on the topic of employee ownership, starting from his history and expertise in the
Fast round
Fast round of questions. I ask you a 3 questions and you offer a quick response. Does that sound ok?
Who is the leader you most admire in EO? John Spencer Louis What is your favourite resource on employee ownership. EOT.uk What would you say to an business owner sitting on the fence re: employee ownership. Have the courage, lvo
Thank you.
Thank you so much for your time and sharing your thoughts with us today.
Where can people follow you if they would like to learn more?