Have you ever accepted a new position with an uneasy feeling about the company or culture you were entering? During the interview process, everything looked good on the surface - but you can't shake the feeling you hadn't gotten the full story.
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 flag ...
We've discussed time and time again the increasing difficulty of making great hires in private companies. In a booming economy with a low unemployment rate, private companies have a difficult time attracting top talent to their companies: this is especially an issue when it comes to executive level ...
I recently attended a presentation given by Jack Wiley, a renowned consultant who has built a career writing, teaching and researching what employees want most and what factors best promote employee engagement, performance confidence and business success.
Jack presented findings from his book ...
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 ...
For CEOs and other executive leaders running a small or mid-sized business, it may be easy to skip right on by this article in the Minneapolis Star Tribune last week. It focused on the talent shortage in largest 50 companies in the Minneapolis market.
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 ahead ...
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 ...
