Deb Oxley is a prominent advocate for employee ownership, having served as the Chief Executive of the Employee Ownership Association (EOA) from 2015 to 2022. During her tenure, she significantly expanded the organization's reach and impact,
In recognition of her contributions, Deb was awarded an OBE in 2019 for services to employee ownership and social enterprise.
She continues to influence the sector through various roles, including serving as a non-executive director for several employee-owned businesses
How did you find your way into the employee ownership space
By accident
mainstream business
large
small businesses
membership organisations
5m privately owned businesses
speak to the intemediaries
Fantastic group of professional advisors, SUPPLY SIDE.
Post transition. Privately owned businesses are run
Professionals who know how to engage EMployees
governance, how do the bodies work together
Leadership business - within the hierarchial
In your article, you mention the 'whoosh effect' experienced by businesses transitioning to employee ownership. Could you elaborate on this phenomenon and its implications for organizational performance?
Seeks insights into the positive changes businesses often experience post-transition to employee ownership.
Ownership Effect Inquiry
Seeking evidence
Arbor instruments - Whoosh effect
Amazing business, everyone has a say in what eventy
Switches on
Whoosh effect II - Financial freedom day.
Employee ownershup is about sharing information, infleunce and sharing/reward
They all understand their own finances > bring the financial
Engagement
Leaders - fit for purpose
Governance - the main operating. how decisions are made.
Your leadership at the EOA led to substantial growth in membership and influence. What strategies did you implement to achieve this expansion?
Encourages Deb to discuss the approaches that facilitated the EOA's growth and increased impact during her tenure.
You have emphasized the role of employee ownership in fostering inclusive and resilient regional economies. How does this model contribute to economic stability and community development?
Explores the broader economic and social benefits of employee ownership models.
the Knowldge Program and People powered growth program from the EOA
Cash and time
locked into the local supply chain.
Route themselves in the community, sustaining that impact they have
more innovative
powerful force in communities
Ideas bath
Be specific with the ideas
Culture that needs to lands, there is a process to go through
Direction
Defining the growth roadmap
Clarity of purpose. How do you get to the point of defining the purpose, misision, vision and values. When you do that, it is a visceral connection
Individual personal business plan
Specific, slows down decision making speeds up implementation.
contribution to leadership
EO is a change of ownership, not a change of leadership
Create an innovation target, a whole function which existis
manage the massess
what is the biggest barrriers to growth for Employee ownership
intermediary space. We are now in a different space
a very attractive tax encironment
professional advisors
financial sectors
needs development, transition and growth within SMEs
Still a minority sport.
More advocacy
Reflecting on your extensive experience, what are the common challenges organizations face when transitioning to employee ownership, and how can they be effectively addressed?
Provides an opportunity to discuss potential obstacles and solutions in the transition process.
Looking ahead, what trends or developments do you foresee in the employee ownership landscape, both in the UK and globally?
Invites Deb to share her perspective on the future of employee ownership and its evolving role in the business world.
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?
Sasha Romanvich, leader of Grant Thornton
Neil Wright, truly offered hiw team to have an influence on the business, tech company. Employee lead
What is your favourite resource on employee ownership? EOA.gov.
What would you say to an business owner sitting on the fence re: employee ownership. Why would you not, why would you not look out
Thank you.
Thank you so much for your time and sharing your thoughts with us today.
Books -
Where can people follow you if they would like to learn more?
Business Owners
Neil Wright, EO Advocate for the Federation of Small Business. TensCare.
James at EOA will provide a long list.
Employee Owner award > Tracey Calderwood. shop floor
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