Economists will tell you that employees will extract money and they won't invest enough. Company after company after company proves that's not the case.
David Erdal
Matt Black meets David Erdal, a pioneer of the employee-owned business movement and author of Beyond the Corporation: Humanity Working.
There are a lot of preconceived notions about employee-owned businesses: they are 'reactive', 'slow growers' and cannot take on capital, for example. But do these objections stand up to scrutiny?
But if employee-owned businesses are so effective, why are they such a fringe business pursuit? In the second part of the interview Erdal discusses the barriers to the creation of these organisations. Stay tuned to LIVEWIRE for details.
David Erdal, is non-executive director of Baxi Partnership and Author of Beyond the Corporation. If your business is interested in becoming employee-owned, you can contact Baxi Partnership on 0845 680 6702, email support@baxipartnership.co.uk or visit their website to find out more.
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