👋 Meet Zolid AI
Here to support your company's exit journey — Zolid AI can answer questions and provide insights. Free for now, with fair usage limits.
Your conversations are not shared with others. We may review them to improve Zolid AI.
Zolid AI may provide inaccurate info, so verify responses.
No quick summary yet. Be the first to add a quick summary.
Add quick summaryNo information listed yet. Be the first to add who benefits from this content.
Suggest who benefitsEmployee Ownership and the Company of the Future
No detailed summary yet. Suggest a summary to help the community.
Suggest summaryNo questions listed yet. Be the first to add a question for this topic.
Suggest questionIn 2022, the Fortune 500, the largest publicly traded companies in the US, collectively generated nearly $16 trillion in revenues and over $1.6 trillion in profits. Large public and private companies — those with more than 1,000 workers — employ more than 40% of the US workforce. Though a sizable percentage of these companies offer profit sharing programs or equity compensation, many workers, particularly front-line employees, do not participate or have access to these programs, resulting in missed opportunities to expand wealth and create a culture of employee ownership to improve innovation and business performance. In this conversation, speakers discuss innovations in employee ownership and how we can reimagine how large corporations share profits and ownership and create a future where workers and companies thrive together. It features a panel discussion with Marshall Vance (Associate Professor of Accounting and L. Mahlon Harrell Faculty Fellow, Virginia Tech), Felice Klein (Assistant Professor of Management, Boise State University), Chris Fredericks (President and CEO, Empowered Ventures), Erik Forman (Co-Founder, The Drivers Cooperative), Anna-Lisa Miller (Executive Director, Ownership Works), Robyn Shutak (Managing Director, Infinite Equity), and moderator Joseph Blasi (J. Robert Beyster Distinguished Professor, Rutgers University; Director, Rutgers Institute for the Study of Employee Ownership and Profit Sharing). For more information about this event — including video, audio, transcript, speaker bios, and additional resources — visit: This discussion was held on June 15, 2023, as part of the Employee Ownership Ideas Forum, co-hosted by the Aspen Institute Economic Opportunities Program and the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University. This two-day convening brought together leading policymakers, practitioners, experts, and the media for a robust discussion on how we can grow employee ownership for the shared benefit of American workers and businesses. Learn more:
About The Aspen Institute
Government has played a critical role throughout the history of the US in launching and supporting employee ownership. Today, the US Departments of Treasury, Commerce, Agriculture, and Labor and the Small Business Administration support employee ownership through financing and lending, regulatory reform, technical assistance, market development, and more, as they help business owners, workers, and local governments across red and blue states to grow worker ownership. In this conversation, speakers discuss what the executive branch is currently doing to support employee ownership and how those efforts can be improved to offer more workers a shot at the American dream through ownership. It features a panel discussion with Rajesh Nayak (Assistant Secretary for Policy, US Department of Labor), Dr. Karama Neal (Administrator, Rural Business-Cooperative Service, US Department of Agriculture), Melissa Hoover (Senior Fellow, Rutgers Institute for the Study of Employee Ownership and Profit Sharing; Founder and Co-Executive Director, Democracy at Work Institute), David Hincapie (Economic Development Specialist, Veteran Business Development Officer, Washington Metropolitan Area District Office, US Small Business Administration), and moderator Maureen Conway (Vice President, The Aspen Institute; Executive Director, Economic Opportunities Program). For more information about this event — including video, audio, transcript, speaker bios, and additional resources — visit: https://www.aspeninstitute.org/videos/unleashing-an-ownership-economy-the-role-of-government-agencies/ This discussion was held on June 14, 2023, as part of the Employee Ownership Ideas Forum, co-hosted by the Aspen Institute Economic Opportunities Program and the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University. This two-day convening brought together leading policymakers, practitioners, experts, and the media for a robust discussion on how we can grow employee ownership for the shared benefit of American workers and businesses. Learn more: https://www.aspeninstitute.org/events/employee-ownership-ideas-forum/