People Powered Care: Why providers should consider employee ownership

A recording of the webinar can reviewed below, and a copy of the slides can be found HERE, and a copy of FAQ HERE.

Should you wish to discuss employee ownership in more details please contact: Sam Blakeborough (sam.blakeborough@employeeownership.co.uk)

Click image below to view short animation video:

A high number of Adult Social Care providers had been considering an exit. This event explored the opportunity of employee ownership (eo) as a succession option.

Attendees heard from the Employee Ownership Association (eoa) and exemplar employee-owned business Shaw Healthcare.

James de le Vingne, Chief Executive of the eoa, outlined the employee ownership opportunity for business owners, employees, and the care sector.

Key topics covered:

• Why employee ownership was a popular choice for founders, and what motivated them to choose eo over a sale, MBO, or private equity.

• Why eo suited a labour-intensive sector facing workforce challenges, and how it protected, engaged, and unlocked the potential of employees.

• Key considerations around the feasibility of eo for care businesses.

• Approaches to ensure eo succession plans supported employee wellbeing, innovation, performance, and sustainable recruitment and retention.

• The steps needed to support eo succession in the care sector.

Russel Brown, CEO of Shaw Healthcare, shared their eo succession journey and outcomes:

Highlights included:

• Why employee ownership was the right option for Shaw Healthcare.

• The key considerations and decisions made in planning their eo succession.

• Their approach to developing and evolving effective eo practices.

• How eo contributed to better care delivery and business performance.