Alternative Exit Overview

Podcast Operations

Episode Management

Untitled page

Explore

Episode Management

240924 | Corey Rosen

Intro

Welcome to the Alternative Exit

We have an extraordinary guest joining us: Corey Rosen, a true pioneer in the field of employee ownership.

As the founder of the National Center for Employee Ownership (NCEO), Corey has spent over 40 years at the forefront of transforming how businesses think about ownership, equity, and employee engagement.

He’s co-authored several influential books, Equity and Ownership - contributed to landmark ESOP legislation, and continues to shape the conversation about the future of work. Today, we’ll dive into Corey’s inspiring journey, the evolution of employee ownership, and what it means for the future of capitalism and business.

Corey, thanks for joining us on the podcast!

and Background:

You've been involved with employee ownership for over four decades. What initially drew you to this field, and how did that evolve into founding the NCEO in 1981?

1978 staffer in the senate, make work better for people

Also practical

Before founding the NCEO, you worked in politics and helped draft key ESOP legislation. How did your political work shape your approach to promoting employee ownership?

ESOPs were created in 1974

Employee Ownership and NCEO:

As the founder of the NCEO, what have been the most significant changes in the employee ownership landscape since its inception?

Sold to John Deer and growing until 1984 that the law passed.

Use pre-tax money

the propoonents of ESOPs wanted to go after the larger number of

Expanding ESOPs - Peter Stavros. Stewart ships

4-10 years pay in equity

Employee ownership has been shown to increase worker productivity and engagement. From your experience, what do you think are the key reasons behind this?

ESOP alone isn’t enough. Ownership culture

Open book

High invovlement mgmt systems - employee teams/huddles. Beyond Engagement

Idnetifying the right problems

Can you share some examples of companies?

In your recent book, Ownership: Reinventing Companies, Capitalism, and Who Owns What, you discuss the broader impacts of employee ownership. Could you elaborate on how employee ownership reshapes capitalism and contributes to a fairer economy?

avge ESOP balance is 130k

ESOPs

In your recent book, you showcase several different forms of employee ownership from across the globe. i.e. the US ESOP, focused on retirement, UK Employee Ownership Trust, which is provides liquidity but not equity.

Which model do you see is the most effective at building equity in a business, providing them a say in how the business and giving them some distribution along the journey

Bowling Alone

Future of Employee Ownership:

Looking ahead, what do you believe are the biggest challenges facing the growth of employee ownership, and how can they be addressed?

lack of awareness. Intemediaries are dissentivised

You've been involved in legislative advocacy for employee ownership. What upcoming policies or reforms do you think could have the greatest impact?

State funding in the US, using ESOPs as a transition strategy

They need something diffeent

Personal Reflections:

You've had a long career advocating for employee ownership. What accomplishment are you most proud of, and why?

Fall Forum the work.

Fast round

60 second snippets. 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. Jack Stack. CRS.

What is your favourite resource on employee ownership

What would you say to an business owner sitting on the fence re: employee ownership.

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?

Link in the notes

Want to print your doc?
This is not the way.

Try clicking the ⋯ next to your doc name or using a keyboard shortcut (

CtrlP

) instead.