The transitional effects on leadership and the workforce are very similar to a buyout, merger, acquisition or IPO.
However, Employee ownership is generally for unlisted smaller organisations, whose shareholders prefer a sale to employees. This can create competing and conflicting themes, which unless dealt with early on, can make the process extremely challenging and expensive.
Employee-owned organisations have unique issues and characteristics, which challenge culture, succession shareholder outcomes. Orbit can deliver an ‘Employee bridge’ programme providing a successful transition process for all stakeholders.