Category Archive

Below you'll find a list of all posts that have been categorized as “esop”

8 Questions to Ask While Preparing Your ESOP for CEO Succession

In the life cycle of a business, there is no moment quite as pivotal as CEO succession. This is a huge moment, an opportunity to continue the company's upward trajectory and to bring new skills to the company. Get it right, and the results can be transformational. But, get it wrong, and your ...

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Egos and ESOPs - Like Oil and Water

During our many years of recruiting senior level talent for employee-owned companies, KeyStone Search has discovered a number of characteristics that a leader must possess to be successful in an ESOP. We've also found a few key things that simply do not work. Perhaps the most significant red ...

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Consistent Communication: An Essential Quality of an ESOP Leader

KeyStone Search has had the incredible opportunity to work with numerous ESOP companies through leadership succession and transitions. Employee owned companies are some of my favorite clients because they really get it when it comes to the importance of cultural fit and alignment. And while ...

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How Your ESOP Board Can Drive Business Success

Just as in other types of companies, the Board of Directors in an employee owned company has both legal and fiduciary obligation to their shareholders (in an ESOP, the employee owners). Clearly, the duty of care (avoid harm to the corporation), duty of loyalty (do not put personal interests ...

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Building the Ideal Profile for Your ESOP’s Next Board Member

Your Board of Directors is an essential piece of your ESOP – and building the right board for your company requires careful thought, strategy and vetting of potential candidates. The right board will position your company for growth and sustainability by providing input on the company’s business ...

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Evaluating and Hiring Leaders For Your ESOP

At KeyStone, we have a particular appreciation for ESOP companies. They have an innate understanding of the importance of cultural fit and alignment to things we have built our practice upon. I am very excited to be attending and speaking at the 2017 NCEO annual conference in Denver, Colorado ...

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A Belated Graduation Speech to Baby-Boomer Business Owners

This week’s post on KeyStone Search’s Culture, Leadership and Alignment Blog was kindly contributed by Corey Rosen, a 66-year old boomer and founder of the National Center for Employee Ownership (NCEO), a nonprofit ESOP organization. Thank you to Mr. Rosen for allowing KeyStone to share his ...

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