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Developing New Leaders In Employee-Owned Companies

Developing New Leaders In Employee-Owned Companies. June 8, 2012. Victor Aspengren Prairie Capital Advisors, Inc . John Abrams South Mountain Company Cindy Osgood King Arthur Flour. Is There A Difference In Employee Owned Companies?. Employee owned vs . Non-Employee Owned

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Developing New Leaders In Employee-Owned Companies

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  1. Developing New Leaders In Employee-Owned Companies June 8, 2012 Victor Aspengren Prairie Capital Advisors, Inc. John Abrams South Mountain Company Cindy Osgood King Arthur Flour

  2. Is There A Difference In Employee Owned Companies? • Employee owned vs. Non-Employee Owned • Everyone has “skin” in the game • Long term view is critical to all

  3. Leadership Pitfalls • Power • Ego • Money

  4. Leadership Development • What works? • How much time should be spent on development?

  5. Leadership Consensus • Good communicator • Provides feedback • Follow through on items • Company performance • Individual & group • Information that is shared/presented needs to be relevant to the audience • Ask for input from the audience before and after meetings • Timing is critical • Too early or too late can be devastating to employee owners • Listening • Spend a lot of time listening • Individual • Group • Organization as a whole

  6. Leadership Consensus • Lead by example – This item speaks for itself! • Provide the vision for the company • It needs to be transparent • Have a plan and act on the plan • Make courageous decisions • Address the “sacred cows” in the organization • Remove the cancers at any level • Take calculated risks • Empower others • Trust us – do not micro manage • Delegate to the right people • Share information • Invest in the employee owners

  7. Leadership Consensus • Committed to employee ownership • Financial commitment • Ownership culture • Sustainable into the future • Use it as a tool for better performance • Use it as a weapon against competitors • If it is viewed as an Albatross, it is a huge organizational problem • Exude knowledge & confidence • Be a mentor • Stay ahead of the curve • Self-aware of strengths and weaknesses • Plus your plusses • Fill in your weaknesses • Faith in people • Innately believe that people are good • A cornerstone to building trust

  8. Contact Information Victor Aspengren Prairie Capital Advisors, Inc. vaspengren@prairiecap.com John Abrams South Mountain Company jabrams@southmountain.com Cindy Osgood King Arthur Flour cindy.osgood@kingarthurflour.com

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