As we emerge from this pandemic, business and government alike have set their purpose towards rebuilding and reinvention. OAW believes employee ownership can play a critical role in driving economic recovery for individual workers, struggling and thriving businesses, local communities and regional economies.
To support our case, OAW is shaping and delivering multiple research projects with a wide range of partners, including:
Why employee ownership? Why now?
OAW aims to demonstrate that EO will not only drive the explosion in productivity we need to support national recovery (for individual businesses and the economy), EO can also start to address the income and wealth inequality the pandemic has shone a light on (particularly for low to middle income workers).
Social value of employee ownership
OAW aims to evidence the powerful and broad positive impact that EO firms have on key stakeholders, from individual employees and customers through to supply chains, local communities and the planet.
OAW is partnering with Graeme Nuttall OBE (Fieldfisher) and Jeremy Gadd (J Gadd Associates) to address a glaring gap in the research base around a common understanding of what effective trusteeship looks like in Employee Ownership Trust-owned companies.
The Ownership Dividend – the sector’s baseline
The June 2018 report The Ownership Dividend established a baseline for the supporting evidence for the benefits of employee ownership in the UK. The report featured evidence, findings and recommendations of the year-long Ownership Effect Inquiry.
Led by the EOA, in partnership with John Lewis Partnership, the eaga Trust and the academic support of CASS Business School and Manchester Business School, the inquiry was one of the most comprehensive studies of employee ownership in the UK.
More than 100 employee owned businesses (EOBs) and those who advise them gave evidence to an independent business-led panel of representatives from Britain’s leading business and professional organisations at seven hearings across the UK.
All of the research that OAW pursues builds on this foundation, and aims to strengthen findings and address gaps where they exist.